Corporate Profile for Consolidated Nevada Goldfields, dated Feb. 7, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services. These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Feb. 7, 1997
Company Name: Consolidated Nevada Goldfields Corp.
Address: 1801 Broadway, Suite 1620
Denver, CO 80202
Main Telephone
Number: 303/296-3200
Chief Executive
Officer: Geoffrey Hoyl, President and Chief Executive
Officer
Investor Relations
Contact: Patty Murphy
Business number: 303/296-3200
Trading Symbol: see below
Industry: Precious Metals Mining
Company description: Consolidated Nevada Goldfields Corp. is a gold, silver, copper and barite barite (bâr`īt), barytes (bərī`tēz) [New Lat., from barium], or heavy spar, a white, yellow, blue, red, or colorless mineral. mining and exploration company which operates the Pachuca, Baztan, Magistral mag·is·tral adj. Prepared as specified by a physician's prescription. Used of medicine. del Oro and Barita de Sonora mines in Mexico and the Nixon Fork and Aurora mines in the United States. Through its recent acquisitions in Mexico, the company has increased its precious metal reserves six-fold to 1.2 million gold equivalent ounces comprised of: 598,000 ounces of gold and 47 million ounces of silver. In addition, the company reserves includes 28 million pounds of copper and 4 million tonnes of barite. Nevada Goldfields' precious metals geologic resources now exceed 4.5 million gold equivalent ounces. The company is projected to double its production in fiscal 1997. Nevada Goldfields conducts extensive exploration and development at all six mines. The company is actively seeking new acquisitions in North, South and Latin America. The company's common shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol KNV KNV Koninklijk Nederlands Vervoer (Dutch) , on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol KNVCF, on the Stuttgart exchange in Germany under the symbol CNV-SG, and on the Frankfurt and Berlin stock exchanges under the symbol CNV CNV Choroidal Neovascularization (eye disorder) CNV Christelijk Nationaal Vakverbond CNV Copy Number Variation CNV Conveyor CNV Chief of Navy CNV Continuous Normal Voltage CNV Crypto Net Variable CNV Could Not Verify . CONTACT: CONSOLIDATED NEVADA GOLDFIELDS CORP. |
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