FORM 6-K
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
COMMISSION FILE NUMBER 0-15577
FOR THE MONTH OF March 1997
CONSOLIDATED NEVADA GOLDFIELDS CORPORATION
(Translation of registrant's name into English)
1801 Broadway, Suite 1620
Denver, Colorado 80202
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b): 82- .
Enclosed is: 1) Press Release 97-009 - Consolidated Nevada
Goldfields Corporation Appoints New President and Chief Executive
Officer
Pursuant to the Requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
CONSOLIDATED NEVADA GOLDFIELDS CORPORATION
(Registrant)
Date: March 26, 1997 James R. Maronick, Vice President
Finance
DENVER, COLORADO - MARCH 24, 1997 #97-009
4:00 PM MST
CONSOLIDATED NEVADA GOLDFIELDS CORPORATION APPOINTS
NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER
Consolidated Nevada Goldfields Corporation announced
today that Alex Bissett has been
appointed President and Chief Executive Officer replacing
Geoffrey Hoyl.
Mr. Bissett brings to the Company a breadth of experience
in the executive management,
operation and financial aspects of mining companies.
Previously Bissett was President of
Pincock, Allen & Holt, an internationally recognized
mineral-resource consulting and
engineering firm. Prior to his tenure with Pincock,
Allen & Holt, Bissett was President
and Chief Operating Officer of Cambior USA Inc., after
being President and Chief
Executive Officer of Westmont Mining. Mr. Wendell W.
Robinson, Chairman of the
Board of Nevada Goldfields, in welcoming Bissett to the
Company, noted that "Over his
thirty-year career, Alex Bissett has proven his ability
to deal with the kinds of challenges
and opportunities that are typical of companies like
Nevada Goldfields. He has the
stature and attributes which will help the Company
achieve success from its six
producing mines and its attractive exploration
prospects.".
In commenting on the management change, Mr. Robinson
expressed "Gratitude and
admiration for the job outgoing President Geoffrey Hoyl
has done and for his
contribution to the establishment of a solid and
extensive asset base from which the
Company can continue to grow in the future.".
Commenting on Mr. Hoyl's departure, Mr. Robinson stated
"Mr. Hoyl joined the
Company in 1993 upon the merger of the Nixon Fork gold
property into Nevada
Goldfields. At that time he agreed to build an asset
base for the Company. Having
accomplished that objective through a series of actions,
culminating in the 1996
acquisition of the four Grupo Real Del Monte mines in
Mexico, Mr. Hoyl asked to be
replaced and the Board has respected his request. Mr.
Hoyl has agreed to remain
affiliated with the Company as a special consultant to
Mr. Bissett, during a transition
period.".
Mr. Bissett's appointment is the latest in a series of
management additions at the
Company which have strengthened and added depth to
operating management. The
combined management team of Chaun Cadwell, Senior Vice
President and Chief
Operating Officer; Julian Chavira, Director General of
Mexican Operations; Paul Blair,
Vice President Domestic Operations and Engineering; Gary
Righettini, General Manager
for the Aurora mine; and, Kenneth Pohle, General Manager
for the Nixon Fork mine
gives the Company more than 120 man years of experience
in senior-level mining
management.
Consolidated Nevada Goldfields Corporation is a Denver
based multi-national mining
company with six producing mines and over 1,500
employees. The Company counts
among its resources 560,000 ounces of gold, 51 million
ounces of silver, 38 million
pounds of copper and 4 million tons of barite. The
Company currently trades on the
Toronto exchange under the symbol KNV, on NASDAQ under
the symbol KNVCF and
on the Stuttgart, Frankfurt and Berlin exchanges, under
the symbol CNV.
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