3
<PAGE>
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 APRIL 1998
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
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .
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ENCLOSED IS PRESS RELEASE #98-006 AND PRESS RELEASE #98-007 FOR CONSOLIDATED
NEVADA GOLDFIELDS CORPORATION.
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
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(Registrant)
Date: April 9, 1998 /s/ Mike Kolin
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By: Mike Kolin, Chief Operating Officer
<PAGE>
2
DENVER, CO - APRIL 6, 1998
#98 - 006
7:30 AM MST
CONSOLIDATED NEVADA GOLDFIELDS CORPORATION ANNOUNCES
THE SALE OF THE BARITA DE SONORA MINING ASSETS
Consolidated Nevada Goldfields Corporation ("CNGC") announces the sale of the
Barita de Sonora mining assets to a Mexican mining company for approximately
US$4.5 million.
Consolidated Nevada Goldfields Corporation is a Denver-based, international
mining company producing silver, gold, and copper from three operating
properties in the U.S.A. and Mexico. The Company reserves include 51 million
ounces of silver and 740,000 ounces of gold. The Company's principal property
is the Pachuca silver mine, which has continuously produced silver for five
centuries, in central Mexico north of Mexico City. The Company shares trade on
the Toronto Stock Exchange under the symbol KNV; on NASDAQ under the symbol
KNVCF; and on the Stuttgart, Frankfurt, and Berlin exchanges under the symbol
CNV.
Statements in this release which are not historical data are forward looking
and involve a number of risks and uncertainties, including but not limited to
the price of commodities, currencies, production, construction, and permitting
or regulatory delays, reserve estimation of tonnage, grade and metallurgical
recoveries, exploration success and reserve growth, litigation, capital costs,
and other risks that are detailed in the Company's SEC filings.
CONTACT: Consolidated Nevada Goldfields Corporation, Denver, Colorado
Phone (303) 296-3200 Fax (303) 296-9130
<PAGE>
3
DENVER, CO - APRIL 8, 1998
#98 - 007
9:30 AM MST
CONSOLIDATED NEVADA GOLDFIELDS CORPORATION ANNOUNCES
POSITIVE DRILL RESULTS AT THE NIXON FORK MINE
Consolidated Nevada Goldfields Corporation ("CNGC") announces that ongoing
underground exploration drilling at the Nixon Fork mine near McGrath, Alaska,
has produced the following high-grade intercepts beneath the C-3300 orebody.
These results confirm that gold mineralization extends at least 492 feet (150
meters) below the previously defined C-3300 orebody.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------
GRAMS GOLD/
DRILL HOLE INTERVAL WIDTH TONNE
- --------------------------------------------------------------------------------------
(FEET) (METERS) (FEET) (METERS)
- --------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
DDH 23 575.5 to 590.2 175.4 to 179.9 14.7 4.5 10.5
- --------------------------------------------------------------------------------------
DDH 25 422.6 to 427.2 128.8 to 130.2 4.6 1.4 45.9
- --------------------------------------------------------------------------------------
DDH 25 488.2 to 497.7 148.8 to 151.7 9.5 2.9 86.0
- --------------------------------------------------------------------------------------
DDH 26 412.7 to 439.0 125.8 to 133.8 26.3 8.0 53.6
- --------------------------------------------------------------------------------------
DDH 30 332.0 to 348.1 101.2 to 106.1 16.1 4.9 15.3
- --------------------------------------------------------------------------------------
</TABLE>
Vice President of Exploration, Mike Clarke, states that "these results confirm
CNGC's belief that several high-grade chimneys like the Crystal/Garnet extend
to significant depths in an area accessible from current mine workings."
Consolidated Nevada Goldfields Corporation is a Denver-based, international
mining company producing silver, gold, and copper from three operating
properties in the U.S.A. and Mexico. The Company reserves include 51 million
ounces of silver and 740,000 ounces of gold. The Company's principal property
is the Pachuca silver mine, which has continuously produced silver for five
centuries, in central Mexico north of Mexico City. The Company shares trade on
the Toronto Stock Exchange under the symbol KNV; on NASDAQ under the symbol
KNVCF; and on the Stuttgart, Frankfurt, and Berlin exchanges under the symbol
CNV.
Statements in this release which are not historical data are forward looking
and involve a number of risks and uncertainties, including but not limited to
the price of commodities, currencies, production, construction, and permitting
or regulatory delays, reserve estimation of tonnage, grade and metallurgical
recoveries, exploration success and reserve growth, litigation, capital costs,
and other risks that are detailed in the Company's SEC filings.
CONTACT: Consolidated Nevada Goldfields Corporation, Denver, Colorado
Phone (303) 296-3200 Fax (303) 296-9130
