03:52:52 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



NWM Mining Corp
Symbol NWM
Shares Issued 403,545,785
Close 2011-07-06 C$ 0.12
Market Cap C$ 48,425,494
Recent Sedar Documents

NWM Mining's Lluvia de Oro produces 589 oz Au in June

2011-07-07 08:41 ET - News Release

Mr. Chris Berlet reports

NWM PROVIDES LLUVIA-JOJOBA MINE UPDATE & ANNOUNCES NEW CFO

NWM Mining Corp. produced 303 ounces of gold in May and 589 ounces of gold in June, 2011, from the Lluvia de Oro gold mine. The quarter ending June, 2011, represents the first quarter for company revenue. Production expectations for the balance of 2011 range from 10,000 to 14,500 ounces of gold; production expectations for next year (2012) range from 35,000 to 42,000 ounces of gold.

"The commissioning of Lluvia de Oro gold mine has been completed successfully, and we look forward to providing further gold production updates as the project ramps up through the balance of 2011 and into 2012. NWM remains unhedged at this time," said Chris Berlet, chief executive officer of NWM.

NWM Mining is pleased to announce the appointment of Christopher Chadder as chief financial officer. Mr. Chadder is a chartered accountant with over 20 years experience as a business adviser and senior officer to junior resource companies. Mr. Chadder will work with current management to enhance the company's business development, financial compliance and financial reporting strategies.

The company also announces that Dennis Waddington has stepped down as chief financial officer to pursue other opportunities.

"Dennis has contributed a great deal to company management in the early stages of development of the Lluvia-Jojoba project," said Mr. Berlet. "We would like to thank Dennis for contributing to the development of the company, and the Lluvia de Oro and La Jojoba gold mines through successful start-up."

© 2024 Canjex Publishing Ltd. All rights reserved.