TORONTO, May 22, 2013 /CNW/ – NWM Mining Corporation (the “Company” TSX-V: NWM) is pleased to announce that Mr. Darren Koningen, P.Eng and Mr. Pedro Delgado, P.Eng have joined the Company as President and COO and General Manager respectively.

Mr. Koningen is a graduate of mineral process engineering from Queen’s University in Kingston, Ontario, Canada and has more than twenty years of experience in the mining and extractive metals industries. Darren has a proven track record of successful project development and mine commissioning both as part of large international engineering companies, and as a metallurgical consultant. Recently, Darren and Pedro Delgado led the successful commissioning and start-up of the El Sastre (Guatemala) and El Castillo (Mexico) heap leach gold mines as founding members of the management group for Castle Gold Corp. (TSX: CSG). The group was responsible for the expansion plans at the El Castillo mine which were well underway when Castle Gold was sold to Argonaut Gold Inc. (TSX: AR). The El Castillo mine is located in Durango, Mexico and remains the flagship asset for Argonaut with a current production rate in excess of 100,000 gold ounces per year.

“I have been watching progress at Lluvia de Oro since the mid 2000’s and became more fully engaged towards the end of 2012 when I agreed, along with other key members of the successful management team from Castle Gold, to assist with the expansion plans for the mine. We have completed several months of reviewing and optimizing site operations at the Lluvia de Oro gold mine and believe that with the appropriate levels of funding both increased production rates and higher quantities of resources can be attained in the near term. There appears to be considerable untapped exploration potential on the property and a 5,000 metre RC drill program has recently been initiated with re-estimated mine resources and reserves expected later in the third quarter of 2013.  As exploration potential is realized we will continue to identify opportunities to increase the production growth profile for the project. Growth in production rates accompanied by progress made in understanding leach characteristics for the Lluvia de Oro ore will allow us to continue to reduce operating costs as the project moves forward,” stated Darren Koningen, President and COO of NWM.

Mr. Delgado, P.Eng brings more than 20 years of mining and mining management experience to the Company.  He has served as mine manager in several successful mining operations in Mexico and was onsite manager for the successful commissioning and expansion plans implemented at the Castillo Gold Mine for Castle Gold Corp. Mr. Delgado is responsible for onsite operations and for the ramp-up in gold production projected for NWM this year. Also joining Pedro at Lluvia de Oro, are a number of other key senior members of his management team from Castle Gold. The newly reassembled group has a proven track record of successful mine development and operations management.

NWM is an emerging gold producer with two currently defined ore bodies containing NI 43-101 compliant gold reserves and resources. The Company is focused on expanding production of its profitable operations at the Lluvia de Oro and La Jojoba gold mines, and on growing reserves and resources through exploration.

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

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.

SOURCE: NWM Mining Corporation

For further information:

Please see NWM’s website at www.nwmcorp.ca 

Chris Berlet, CEO or Darren Koningen, P.Eng, President & COO 
Phone:  416-364-6799    Fax: 416-364-2595 
[email protected]