NWM commences exploration at Campamento

TSX Venture Exchange

Symbol: NWM

Shares Outstanding: 357,521,926

TORONTO, Feb. 9 /CNW/ - NWM is pleased to announce that the 2011 exploration program has begun this week at the Company's Campamento exploration area. This is an area south of the proven and probable gold reserve currently defined at the La Jojoba northeast zone.

Campamento is highly-prospective for gold mineralization and has specific target areas identified by an enzyme leach soil geochemical study conducted in 2010. Previous soil geochemical anomalies and several historic workings also provide evidence of the excellent potential for resource discoveries at Campamento.

Field work began this week and consists of mapping existing geological features and historic workings as well as the further collection of surface samples. Engineering support is being provided for the design and construction of roads across the Campamento area, which will facilitate access by exploration drills and geological teams. Construction support has been mobilized to provide a small exploration office, a drill maintenance shop and utilities.

Contracts have been issued for a road building and exploration drilling program. The drilling is scheduled to begin on Feb 14, 2011, and will extend over 2-3 months.  The initial contracts are for 4,000 meters of reconnaissance drilling, with holes designed to probe specific target areas. The data from this initial drilling will guide the siting of diamond drill holes to further test any mineralized zones that are detected.

The Campamento Exploration program is being directed by Esteban Dominguez, Chief Exploration Geologist for Minera Columbia de Mexico SA de CV (MCM). MCM holds title to all mineral claims covering and surrounding the Campamento area and the adjacent Lluvia-Jojoba Project. MCM is a 100% owned subsidiary of NWM Mining Corporation.

La Jojoba and Campamento zone to the south  - Lluvia de Oro to the east


This press release has been prepared by R. Bruce Thorndycraft, COO.


This news release includes "forward-looking information", as such term is defined in applicable securities laws. Forward-looking information includes, without limitation, the success of exploration activities, price outlooks, production expectations and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking information.

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:

please contact NWM Mining Corporation at (416) 364-6799

Profil de l'entreprise

NWM Mining Corporation

Renseignements sur cet organisme


Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .


Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.


Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.