VANCOUVER, Dec. 13 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V, FRANKFURT - OUH, PINKSHEETS - CGWVF) Consolidated Gold Win Ventures announces that the flow-through budget has been approved and that the company has started to contact suppliers in the NWT to initiate Airborne Magnetometer and other geophysical surveys over its claims, in anticipation of being able to commence drilling in the new year.

Kokanee Placer, the company's consulting contractor, has commenced operational logistics so that it can join Snowfield Development as the only companies with permitting in the promising Drybones Bay Kimberlite area. This program which will consist of airborne and ground geophysical surveying will be commenced in the new year when feasible.

Drilling which will need the formal permit, is anticipated to be initiated prior to the end of the winter drilling season.

The company has gained valuable logistical and technical experience from the drilling programs it has complete in the NWT over the past several years either independently or with Snowfield on its Mud Lake Kimberlite project, the GTEN 16 Claim (where it has now earned its interest) and the Fate Claim in the Slave Craton area.

2008 looks like it will be a banner year for CGW and company President Mr. Abby Farrage would like to take this opportunity to wish all the shareholders a Merry Christmas and a Joyful and bounteous New Year!

William Timmins, P. Eng., a Qualified Person under National Instrument 43-101, has approved the contents of this News Release.