Consolidated Goldfields Names Its Recent Acquisition of the Kennedy Property “The Klondike Pass Gold Project”

Consolidated Goldfields Corp. (“Consolidated” or the “Company”) (OTCQX: CDGF) would like to announce that it has named its recent acquisition of the Kennedy Property in Pershing County the Klondike Pass gold project. Klondike Pass is a well-known geographic reference point on the property which is situated in the prolific Willow Creek Mining District; and as a result, the Company has chosen to use this historical site as its name.

Consolidated’s President and CEO Marc J. Andrews commented, “We are very excited about our recent acquisition of the Klondike Pass property as it has great potential for both near term placer production and longer term load production from its high grade gold veins. Consolidated is executing its business strategy to acquire high grade properties that have near term production potential while continuing to review and assess advanced projects that would elevate the Company beyond junior mining and exploration status, which is the number one focus and priority for the Company.”


Certain information contained in this news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections. However, such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from such forward-looking statements. The Company disclaims any intent or obligation to update publicly any forward-looking statements set forth herein, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.



Contact

Consolidated Goldfields Corp.
Marc J. Andrews, President/CEO
775-461-2545
mandrews@consolidatedgold.com
www.consolidatedgold.com