NWM Mining Corporation NWMMF

RE: RE: Caesars report on NWM...

[BobsYourUncle3]

Just a sample of this excellent report......thanks Dias1

The Gold Report Interview with Vishy Karamadam (8/5/11) "NWM Mining Corp. is an interesting story, which is on the cusp of moving from an exploration company to a production company. It's aiming to produce around 12 Koz. this year and close to 40 Koz. in 2012. The Lluvia-Jojoba project is a fairly large land package of more than 5 kilohectors. The gold reserve is around 384 Koz. It is currently implementing all the project work to get going on a production scenario and that process is already well underway. The company has a good management team. The chief operating officer, who ran the Mulatos Mine for Alamos Gold Inc. (TSX:AGI), is now managing NWM's mining startup operations. While the company is ramping up production, it also has simultaneously identified multiple areas of high-grade mineralized zone. That could help NWM to get to the 1 Moz. resource mark. At that point, NWM could become an attractive target for other junior gold producers.

The company has put a good team in place. The mine operation is headed by John Van De Beuken, the chief operating officer in charge of Mexico mines. John is a veteran of producing heap-leach mines and is quite experienced in mine startup and production scenarios. The company has a good team in place locally to achieve the production scenario it is projecting, which is what gives us the comfort that they could hit those production numbers."