NWM Announces Lluvia de Oro Mine Management
TSX Venture Exchange
Symbol: NWM
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 mine.
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.
For further information:
please contact NWM Mining Corporation at (416) 364-6799
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