Consolidated Goldfields Corp. announced the results of its recent trenching program at its Fisher Canyon gold property in Pershing County, Nevada. The project was planned to further evaluate a high grade gold zone discovered during last year's rock chip sampling program.

Rock chip samples from this area assayed as high as 39.32 g/ton (1.148 oz/ton) and visible gold up to 0.5 mm was observed in hand specimens. A twenty-five foot long trench, three feet deep was excavated along the strike of gold mineralization. Rock chip channel samples were collected every three feet across the trench, which is comprised of altered volcanic wall rock on both sides of a mineralized fault or contact zone.

A 100 pound bulk sample was collected for metallurgical testing as were two select rock samples of the two foot wide, high grade mineralized zone. A drilling program has been designed and is fully permitted to explore for this high grade zone at depth. A detailed geological mapping and geochemical sampling program will also be conducted to trace this high grade gold zone on the surface.