Consolidated Ramrod Gold Corporation - Tess Potential 1,000,000+ Ounces Of Gold(x).

CARLIN TREND, Nev.--(BUSINESS WIRE)--Feb. 22, 1996--Newmont Exploration Limited has reported significant results from their 1995 exploration program on the Tess Joint Venture property. Westmont Gold Inc., a wholly owned subsidiary of Consolidated Ramrod Gold Corporation, holds a 25% working interest in the joint venture with Newmont who is the operator.

The Tess Joint Venture lands border Newmont's Rain Mine deposit. Newmont's 1995 drill program has extended gold mineralization within the Tess Property an additional 1,000 feet to a total strike length of 1,950 feet along the Rain fault in Section 32. A single scout hole in Section 30 confirmed the presence of gold mineralization 4,500 feet northwest of the known mineralized zone in Section 32.

Newmont's 1995 Joint Venture report says "The target is a Carlin-type disseminated gold deposit within siliciclastic host rocks of the Mississippian Webb Formation Deposits occur in association with major through-going high angle structures." Ramrod believes the potential exists for a significant mineral inventory of 1,000,000+ ounces of gold with the Tess Joint Venture and non joint venture lands that are held by Newmont in proximity to underground mining operations at Rain.(x)

Drill results from the 1995 program are included below in Table 1, and drill hole locations and a typical section will be provided upon request. Please contact Carmen at 1-800-663-8947 from the United States or [phone] in Canada.

Newmont Exploration Limited has a vested interest of 75% in Tess, and Newmont and Ramrod have approved an extensive exploration program for 1996.

CONSOLIDATED RAMROD GOLD CORPORATION

Robert J. Miller, D.Sc., P. Eng President

Ramrod is pleased to further announce we are on line on

the World Wide Web. The address is: Http://www.erols.com/explore

1995  DRILL SUMMARY

HOLE #    THICKNESS  Au GRADE/  INTERVAL   SAMPLE    CUTOFF
                     OPT                   TYPE
_____     _________ __________  ________   ______    ______
RCR-29.0   80 FT     0.017      1270-1350  10' MUD   .01 OPT
RCR-29.1   60 FT     0.112      1535-1595  CORE      .01 OPT
   incl.   20 FT     0.235      1550-1570  CORE      .15 OPT
RCR-30.1  149 FT     0.028      1360-1509  CORE      .01 OPT
   incl.    2 FT     0.235      1365-1367  CORE      .10 OPT
RCR-31     52 FT     0.049      1339-1391  CORE      .01 OPT
RCR-31.9  170 FT     0.131      1390-1560  CORE      .01 OPT
   incl.   55 FT     0.201      1395-1450  CORE      .10 OPT
   incl.   20 FT     0.370      1410-1430  CORE      .25 OPT
RCR-32   156.5 FT    0.03       2190-2355  CORE      .01 OPT
   incl.   10 FT     0.11       2240-2250  CORE      .06 OPT

Table 1

The Toronto Stock Exchange and NASDAQ have neither approved nor disapproved of the contents of this press release.

CONTACT: Consolidated Ramrod Gold Corporation

Bob Hunziker, 310/452-0730

or

Consolidated Ramrod Gold Corporation

Mark Elenowitz, 800/810-9163