This
satellite image of the southern Lluvia de
Oro area shows the location of Gold Ridge in relation to the
Creston Pit and other features at the mine. Image from Digital Globe
(2007).
The 100% owned Lluvia-Jojoba gold project is located
approximately 100 kilometers south of Nogales Arizona, near the town
of Magdalena de Kino, Sonora Mexico. The project comprises 5,371
hectares of mineral concessions that include the Lluvia
de Oro gold mine, the Northeast Zone of La Jojoba and several
additional exploration target areas. NI 43-101 compliant Proven plus
Probable Mineral Reserves for the project aggregate 384,361 ounces
gold contained in 19,538,000 tonnes of ore,
with an average grade of 0.612 g Au/t at a cut-off grade of 0.2 g
Au/t and a gold price of $900.00/ oz gold. The Company is fully
permitted for mining at both project areas and is using the
facilities at Lluvia de Oro to recover
gold, silver and copper from ores.
This press release has
been prepared by Rodney A. Blakestad,
C.P.G. Qualified Person.
For further
information, please contact NWM Mining Corporation at (416) 364-6799.
CAUTIONARY
STATEMENT ON FORWARD-LOOKING INFORMATION
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.
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