NWM commences exploration at Campamento
TORONTO, Feb. 9, 2011 (Canada NewsWire via COMTEX News Network) --
TSX Venture Exchange
Symbol: NWM
Shares Outstanding: 357,521,926
NWM is pleased to announce that the 2011 exploration program has begun this week at the Company's Campamento exploration area. This is an area south of the proven and probable gold reserve currently defined at the La Jojoba northeast zone.
Campamento is highly-prospective for gold mineralization and has specific target areas identified by an enzyme leach soil geochemical study conducted in 2010. Previous soil geochemical anomalies and several historic workings also provide evidence of the excellent potential for resource discoveries at Campamento.
Field work began this week and consists of mapping existing geological features and historic workings as well as the further collection of surface samples. Engineering support is being provided for the design and construction of roads across the Campamento area, which will facilitate access by exploration drills and geological teams. Construction support has been mobilized to provide a small exploration office, a drill maintenance shop and utilities.
Contracts have been issued for a road building and exploration drilling program. The drilling is scheduled to begin on Feb 14, 2011, and will extend over 2-3 months. The initial contracts are for 4,000 meters of reconnaissance drilling, with holes designed to probe specific target areas. The data from this initial drilling will guide the siting of diamond drill holes to further test any mineralized zones that are detected.
The Campamento Exploration program is being directed by Esteban Dominguez, Chief Exploration Geologist for Minera Columbia de Mexico SA de CV (MCM). MCM holds title to all mineral claims covering and surrounding the Campamento area and the adjacent Lluvia-Jojoba Project. MCM is a 100% owned subsidiary of NWM Mining Corporation.
La Jojoba and Campamento zone to the south - Lluvia de Oro to the east