NWM Mining Corp.

Published : September 12th, 2011

Corporate Update September 9, 2011

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TSX-V: NWM

US: NWMMF

Frankfurt: 55C

 

September 9, 2011

Corporate Update September 9, 2011 

 

The exploration department is working on the organization of the new drilling program scheduled to begin in October, in the Lluvia de Oro and La Jojoba areas of the mine site.
 

This program will consist of approximately 12,000 meters of reverse circulation (RC) drilling over a four month period.  Approximately 6,000 meters of drilling will be completed in the Lluvia de Oro area and 6,000 meters will be drilled at the La Jojoba pit area.  In the Lluvia de Oro area 2,000 meters of drilling will be condemnation drill holes for the new leach pad area, 2,000 meters will be drilled in the Papalote zone, and 2,000 meters are to be drilled at the Campamento zone.
 

During the two week period ended September 9th there were approximately 272,795 tonnes of material mined and moved in which 139,720 tonnes was ore with an average grade of 0.60 gr/ton of gold. This equates to approximately 2,242 oz of gold loaded onto the leach pads at Lluvia de Oro and Lluvia de Oro II.  As in the past, a selective mining practice was used.  This practice has resulted in a very good average grade of ore loaded onto the leaching pads.
 

During the last two weeks, there has been a total of 12 blasts in the pit area with using a total of 2,400 boreholes, which equals a total of 40,000 linear feet of drilling.

Figure 1 - Main Pit looking Northeast
 

The process department reported having a surface area under irrigation of approximately 35,760 square meters (1,056,782 tons of ore with an estimate of 0.55 gr/ton of gold). Currently the rest of the leach area at Lluvia de Oro areas 7, 8 & 9 and SW1 & 2 are being put under leach which will result in an additional 50,000 square meters of surface area.

Figure 2 - SW 1 & 2 Area 7, 8 & 9 looking North
 

The ADR plant is running with two trains of carbon columns in use at a capacity of 1,600 GPM (363 cubic meters per hour).  For the two week period ended September 9th, the plant processed approximately 80,100 cubic meters of pregnant solution with an average grade of 0.23 gr/m3 for an average daily production of 42.35 oz of gold. The crushing circuit is being moved from areas 7, 8 & 9 to the new Lluvia Dos Leach Pad, Lane number 1.  Crushing and placing high-grade ore in Lane 1 Cell 3 will begin this week.  Truck dumping on Lane 1 cell 2, has been ongoing for the past week.

Figure 3 - Lluvia Dos Leach Pad Lane # 1 With Crusher, Looking Northwest.
 

The new construction of the Lluvia Dos leach pad is advancing as per schedule and mining operations are approaching a rate of 15,000 tonnes per day.
 

A storm pond is being constructed and a liner is being installed in order to ready the ore placed on Lane 1 for leaching by the end of September.

Figure 4 - Storm Pond in front of Lane #1 at Lluvia Dos looking Northwest.


Prepared by Curtis McCullough.

 

 

 

 

NWM Mining Corporation is a Canadian mining company with extensive holdings in Mexico. A public company, NWM�s shares currently trade on the TSX Venture Exchange under the symbol NWM.



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NWM Mining Corp.

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CODE : COL.V
ISIN : CA62946X1042
CUSIP : 197801103
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MWN Mining is a gold development stage company based in Canada.

MWN Mining holds various exploration projects in Mexico.

Its main asset in production is LLUVIA DE ORO in Mexico and its main exploration properties are NORTH SONORA, CAMPAMENTO MEXICO and LLUVIA JOJOBA in Mexico.

MWN Mining is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.2 millions, € 973 367).

Its stock quote reached its highest recent level on July 07, 2006 at CA$ 0.41, and its lowest recent point on April 01, 2020 at CA$ 0.01.

MWN Mining has 30 110 000 shares outstanding.

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