1 can Eagle Brand condensed milk
12 oz. pkg. semi-sweet chocolate chips
1 c. mini marshmallows
1/2 c. milk
1 tsp. vanilla

Combine ingredients over double boiler, until completely melted.

Fudge Peanut Sauce: Eliminate marshmallows. Add 2 tablespoons peanut butter.

Fudge Mint Sauce: Eliminate vanilla, add few drops of peppermint extract after the chocolate melts.