Consolidated  Magna Ventures Ltd. left the mining sector for technology and changed its' name to Skinny Technologies Inc. Adios Muchachos!!  Effective at the market open January 10, 2002, the common shares of Skinny Technologies (ex-Magna) started trading on the CDNX under the new symbol SKI (previously CMV).

(EX-) Consolidated Magna Ventures Ltd.      [SKI:TSX-V] 

Left the mining and natural resource sector during 2000 and 2001 and hooked up with "Podbook" at www.podbook.com and "Skinny Technologies" at www.skinnytechnologies.com

Cons. Magna helds its Mexican interests through a wholly-owned Barbados subsidiary where Patricio Varas and Christian Marriott serve as directors. Magna's Mexican subsidiary is Minera del Cielo Azul S.A. de C.V. and they had an office in Chihuahua with Mr. David Reid as in-country manager of Mexican operations. Entered into a special warrants financing and joint venture agreement with Novagold Resources Inc. to raise money to advance projects in the Mexican portfolio such as Koala and El Rosario. 

Did some "dot.com" dancing with CoyoteNet Inc. about some kind of  corporate jujitsu where they would amalgamate the two companies via a Plan of Arrangement and then place the internet assets in one company called "CoyoteNet Inc."  and simultaneously spin the mining assets into a newly listed junior mining company named simply "Magna Minerals Ltd." or something else along with a rollback on the number of outstanding shares. It didn't work and the deal fell apart at the end of the last century.  

Press Release 28Jul99
GCN #37 23Feb98

Koala Property, Chihuahua. Optioned a 70% interest in a 990 ha. Santa Eulalia-Naica chimney and manto replacement analogue 60 -100km SSW of Chihuahua City. Other companies with interests in this property are Xenolith Gold and Minera Delta S.A. de C.V. As the zone of faulting and alteration at Koala extends off of the company's original 990 hectare property in both directions, an additional 10,220 hectares have been staked around it. Magna owns 100 percent of the additional claims and plans to drill the Koala property in the first quarter of 1998. Completed 8 holes totaling 1655 m on deep geophysical targets. Appears mineralization associated with sills similar to Santa Eulalia West Camp. Although drill results did not return grades of economic significance, a better geological understanding of mineralization style is now in place. Data compilation is underway.

Phase I multi-faceted exploration program has outlined coincident geological, geochemical and geophysical anomalies which the company believes reflect a buried replacement-type lead-zinc-copper-silver deposit of significant proportions. A 3500 metre by 500 metre zone of altered limestone with lead-zinc-copper-silver mineralization has been identified on the property and is thought to be the surface expression of a buried deposit of massive to disseminated sulphides. The latter is interpreted from a coincident geophysical anomaly that is over 1000 metres by 800 metres in size, open to the southeast, and lying at a depth of about 200-300 metres. The Koala property lies within a window of gently folded Cretaceous limestones. A fault trends northwest-southeast across the property, parallel to the axis of the main anticline and is traceable on surface for over 3.5 kilometres in strike length. Mapping by Servicios reliance.

Initial work at Koala included geological mapping, rock and soil sampling (N=664) , very low frequency electromagnetic (VLF-EM) ground magnetic and induced polarization (IP) geophysical surveys on a grid laid out over the fault zone. Geophysical readings and geochemical samples were taken at stations every 25m along 17 lines spaced 200m apart. A 500m wide zone of intense dolomitization, silicification and brecciation following the fault zone on its southwest flank, was mapped by Servicios Reliance, S.A. de C.V. of Chihuahua, over the entire 3.5 kilometre length. Intermediate porphyry dykes and scattered Pb-Zn-Cu-Ag mineralization occur within this altered zone. A total of 664 soil samples were collected from a reasonably well developed B-Horizon soil profile by Servicios Reliance and submitted to SGS-XRal Labs in Hermosillo for 30 element ICP analysis. All of the 17 grid lines indicated at least one zone of elevated Cu and/or Pb and/or Zn values within this impressive alteration system. Individual soil samples reached 1440 ppm copper, 720 ppm zinc, 720 ppm lead and 26.9 g/t silver. The geophysical surveys were contracted to Quantec Consulting Inc. who specialize in a leading-edge IP technology known as "Real-Section IP". This technique employs a gradient array setup and can detect sulphide mineralization to depths of several hundred metres. Quantec's report lists 16 targets forming 4 significant zones of chargeability highs coincident with both geological and geochemical anomalies. All four zones coalesce to cover an area strongest in the southeast. This chargeability high is interpreted by Quantec geophysicists as reflecting sulphide mineralization and is associated with a resistivity low. Real-Sections on three lines across this zone indicate that the source of the anomaly is 200-300m below surface and is overlain by a pronounced resistivity high which reflects the alteration seen in surface exposures.

LAMR September, 1998
GCN #147 31Jul98
GCN #133 13Jul98
LAMR April, 1998
Press release CSW 27Nov97
Press release CSW 20Sep96
NMN v87#27 09/02/96
CSW 30Aug96
GCN #165 26Aug96

Reyna de Oro, Chihuahua. (NOTE: Optioned property to Firesteel Resources Inc. on 5Oct99 as part of their change of business focus out of the natural resource sector and into cyberspace.) Located in the Urique-Batopilas area of western Chihuahua, the 100% optioned (subject to 3% nsr) property consists of 1064 ha located 21 km SW of Urique and 29 km W of Batopilas. It is approximately 18 km WNW of the El Sauzal discovery. VSE approval on 28Jul97 for deal and notification of Mexican Mining Registry that all the deals are OK at about the same time. VSE Reports filed by Sorbara Geological Consultants Ltd., a Vancouver consulting firm. Report by Virginia Kuran draws analogies to El Sauzal.  Epithermal gold mineralization is hosted in suite of Tertiary andesitic pyroclastic rocks. This past producer includes the Vincente and Cuse Zones (Nuevo y Viejo) which were previously part of the government's National Mining Reserves. A total of 10 holes were drilled which successfully tested the mineralization over 150 m of strike length. This program confirmed the predominantly stratigraphic control of mineralization which has thicknesses up to 30 to 70 meters in zones yet to be drill tested. The mineralized volcanic sequence dips shallowly into the hillside and can be traced on the surface for 1 km west and 400 m east of the current drilling. Tabulated results for several holes show Au in the 0.43 to 2.89 gpt range over intervals up to several 10's of meters with associated Cu values in the 0.1% to 0.5% range.

GCN #219 14Nov97 (tabulated results)
MBD November, 1997 (maps and sections)
GCN #195 9Oct97 (tabulated results)
GCN #153 11Aug97
Press Release 5Aug97
GCN #146 30Jul97
Press release 10Jun97
GCN #102 28May97
CSW 9May97

El Rosario Project, Sinaloa. (Formerly known as the Mazomiqui Fe deposit) Acquired this Cu-Fe-Au-Ag mine and mill facility in northern Sinaloa subject to due diligence. Two concessions named Cuauhtemetoc and El Cristal located 18 km by road from Choix. Cons. Magna also staked two additional claims near Choix totaling 13,495 ha. Project previously known as an iron mine due to large concentration of magnetite skarn. Has incorporated into a Mexican subsidiary Minera del Cielo Azul S.A. de C.V. to complete acquisition of the purchase of this project. Property brought into production for Fe and Cu (with minor Ag-Au credits) earlier in 1998 as a small open-cut. A total of 2,493m was drilled in 26 holes. Results show consistency of Cu mineralization. 12 holes used in preliminary resource calculation of 646,600 tonnes at 1.04% Cu and 53.32% Fe (equal to 74% magnetite). Plans would be to expand facility to a 400 tpd operation and to produce a high-purity (97%) magnetite concentrate. Contracted Rescan Engineering to complete a bankable feasibility study. Results were positive. Airborne VLF-EM flown over entire 13,500 ha. property to look for additional Cu-magnetite skarn bodies. In production at 154 tonnes per day for a 10 year mine life for pre-tax cash flow of $1.2 M annually. Received VSE approval to acquire two claims El Cristal (305 Ha) and Cuauhtemoc (49 Ha) from Ejido Portrero de Cancio for cash and sliding scale nsr.

LAMR July, 1998
GCN #119 22Jun98
GCN #117 18Jun98
LAMR May, 1998
GCN #149 5Aug97
CSW 18Apr97
GCN #74 17Apr97
GCN #32 14Feb97 (map and table of results)
PointCast Canadian Coprorate News 12Feb97
CSW 31Jan97
MBD December, 1996
GCN #223 19Nov96
CSW 15Nov96
PointCast NewsWire12-Nov-96

Los Azules, Chihuahua. Located 30 km SW of city of Hidalgo del Parral in Mpio. Santa Barbara. Magna signed letter of intent to acquire this vein system with Au+Ag and minor base metals. Around 500,000 tonnes were mined from 1906 through the 1940's. In addition to reserves in historic vein-type setting, replacement style mineralization in underlying sedimentary sequence similar to that at Santa Barbara is conceptual target.

GCN #36 20Feb97 (map view and long-section)

Las Vigas Cu-Ag District, Chihuahua. Optioned a 90% interest in 991 ha. property where they drilled 21 holes in contiguous Martinica and Aguila claims with mixed results. Initially planned a 40 hole program, but eventually bailed on this project. (See Corner Bay Minerals and Phelps Dodge for current status of this property).

NMN v82#18 07/01/96
GCN #123 25Jun96