TSX Venture Exchange
Shares Outstanding: 336,100,093
TORONTO, Dec. 14 /CNW/ - NWM Mining Corporation (TSX-V: NWM) is pleased to announce the
engagement of R. Bruce Thorndycraft for the position of Chief Operating
Officer of the Lluvia de Oro and La Jojoba gold mine. Bruce holds a BS
in Chemical Engineering and a Masters in Metallurgical Engineering.
Bruce is fluent in Spanish and has more than thirty five years of
experience in all aspects of heap leach operations, including open pit
mining, process design, plant and pad construction, heap leaching, gold
plant operations and metallurgical analysis. Bruce has been working at
the Lluvia-Jojoba project for two years and in his new role will be
responsible for expansion of extractive facilities, operating plans and
budgets, management of operations and direction of construction
programs. His duties include oversight of environmental compliance,
safety and security.
NWM is also pleased to announce the continued engagement of Ing. Marco
Bernal Portillo for the position of Managing Director and Administrator
in Mexico. Marco is a mining engineer with more than thirty years of
mine operating, management and permitting experience in Sonora State,
Mexico. He has worked for, managed and permitted several heap leach
mines in Sonora and has served as Director General of Minera Real de
San Javier, SA de CV and as Director General for Exploraciones
Eldorado, SA de CV. Ing. Bernal has served as Chairman of the Mining
Association of Sonora and as Chairman of the Mexican National
Association of Medium and Small Miners.
NWM is also pleased to announce the engagement of John Van De Beuken as
senior mining consultant. John is also a director of NWM and served for
five years formerly as COO and as a director of Alamos Gold Corporation
while overseeing the successful commissioning and start-up of the
highly productive Mulatos Heap Leach Gold Mine. John is fluent in
Spanish and has a mining engineering career spanning more than thirty
five years which includes service and experience with: Ivanhoe Mines
(Mongolia), Minera Alumbrera Ltd. (Argentina), Kennecott Corporation
(USA), Echo Bay Minerals (USA) and Anaconda Minerals (USA).
NWM is also pleased to announce the engagement of B. Lee Snedaker for
the position of Corporate Controller for NWM. Lee is a Certified Public
Accountant and a Certified Internal Auditor, with over thirty years of
accounting, auditing and financial control experience in the mining
industry. Lee is fluent in Spanish and has advanced knowledge of, and
experience with, computer systems and software systems applicable to
mining projects. His duties will include development of budgets and
cost reporting for NWM and implementation of systems for Cost Control
and Management Accounting for the Lluvia de Oro and La Jojoba gold
NWM is also pleased to announce the continued engagement of Rodney
Blakestad (C.P.G) and the new engagement of Don White (P.Geo) as senior
exploration consultants. Rodney and Don each have in excess of thirty
five years of experience as professional geologists, and both are
qualified persons under NI 43-101. Rodney's experience with the Lluvia
de Oro and La Jojoba projects spans more than twelve years and began
with exploration work conducted at the Jojoba property by Minera Hecla,
SA de CV.
"NWM is pleased to announce the engagement of a highly qualified and
capable management team for the Lluvia de Oro and La Jojoba project.
The group has extensive experience and past success with both mine
startup and exploration initiatives, and will function effectively
during 2011 expanding gold production from the mine and undertaking
exploration efforts on the 5,014 hectare project land package," said
Chris Berlet, President and CEO of NWM.
A total of 8,500,000 stock options to purchase common shares of NWM were
granted to employees, officers and consultants of NWM on December 13,
2010 at an exercise price of $0.10 per share, expiring on December 13,
2013. The grants are subject to regulatory approval and vest upon the
achievement of certain gold production targets in 2011.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy of this release.
SOURCE NWM Mining Corporation
For further information: For further information:
please contact NWM Mining Corporation at (416) 364-6799