NWM Mining is pleased to provide further details related to its recently announced intention to acquire all of the outstanding common shares of Auriga Gold. The potential acquisition adds significantly to the current NWM asset base and production growth profile:Creates a New, High Growth Gold ProducerThe integration of the Lluvia de Oro/Jojoba and [...]
NWM Mining and Auriga Gold are pleased to announce that a non- binding letter of intent has been entered into for the acquisition of all of the outstanding common shares of Auriga. It is anticipated that the Transaction will proceed by way of a three-cornered amalagamation which may be pursuant to a Plan of Arrangement under the Business [...]
NWM Mining Corporation is pleased to provide preliminary mine production numbers for January and February 2013.During January and February a total of approximately 3,739 oz. Au was produced at the Lluvia de Oro and La Jojoba mine. A total of 3,600 oz. of gold was sold for record sales proceeds of USD $5,942,000. An additional mine contractor has [...]
NWM Mining is pleased to announce that due to a significant increase in the level of interest from the U.S. investment community, the Company has retained the services of USA Investor Link LLC, subject to the acceptance of the TSX Venture Exchange. USA Investor Link LLC, based in Fort Lauderdale, Florida (and with offices in San Francisco, Chicago [...]
NWM is pleased to announce 2012 gold production of 19,094 oz. (an increase of 229% on 2011). NWM moved 2,182,631 tonnes of ore to leach pads and 4,346,038 tonnes of waste to waste dumps at an average stripping ratio of 2.0:1 during 2012 and completed construction and permitting for the access road and mining in the Jojoba area. NWM also staked [...]
NWM announces that it has closed the first tranche of a private placement financing resulting in the issuance of 13,500,000 units. Each unit is comprised of a single share priced at $0.05 per share and has a warrant with a 48 month term priced at $0.10 per share. Gross proceeds of $675,000 have been received in connection with this unit [...]
NWM Mining is pleased to report an operating profit of $21,003 (net income $881,003) for the quarter ended September 30, 2012.Q3. 2012 highlights:Gold and silver revenues during the quarter amounted to $7,175,710.The Company produced 4,329 ounces of gold in the third quarter.Pre-stripping was completed during the quarter on a number of key areas of [...]
NWM Mining is pleased to announce that it has engaged Sunel Securities Inc. as lead agent on a best efforts basis in connection with a proposed private placement of up to 160,000,000 units at an issue price of $0.05 per unit for gross proceeds of up to $8,000,000 (the "Offering"). Each Unit will consist of one common share ("a Unit Share") and one [...]
NWM announced today that Mr. John Van De Beuken has resigned as the COO of the Company following the completion of the initial commissioning phase for the Lluvia de Oro project. He will remain as a director of NWM.The Company has appointed Mr. Pedro Delgado to serve as the Company's General Manager, Mr. Darren Koningen to serve as Senior Technical [...]
NWM Mining is pleased to announce that the current US$18,000,000 debt facility, which includes a US$2,000,000 convertible debenture, has been extended to June 14, 2013 has now been closed. The US$2,000,000 debentures conversion right has also been extended from September 24, 2012 to June 14, 2013. The Company may repay this debenture at [...]
TSX Venture ExchangeSymbol: NWMShares Outstanding: 501,092,777TORONTO, Sept. 27, 2012 /CNW/ - NWM Mining Corporation (the "Company" TSX-V: NWM) is pleased to report on the progress of the air-track (AT) drilling program conducted on the Gold Ridge target at Lluvia de Oro. Located approximately 500 meters west of the Lluvia de Oro / Creston pit [...]
NWM Mining announces an extension of the debt facility coming due in December 2012 to June 14, 2013. US $500,000 of interest payable in September and October will be capitalized in the form of a convertible debenture with a strike price of $0.06 due September 20, 2013. This convertible bears interest at a rate of 15% and is not subject to [...]
