Overview

NWM Mining Corporation (TSX-V: COL) (“NWM”) is engaged in the development and exploration of gold properties located in Sonora, North West Mexico. NWM has mineral exploration or development rights to a combined property portfolio of some 15,880 hectares in the State of Sonora.
NWM’s focus today is the development of the Lluvia-Jojoba project and re-commissioning of the past producing Lluvia de Oro gold mine. The Lluvia-Jojoba project encompasses Lluvia de Oro gold mine, La Jojoba gold resource and surrounding ground covering a total of 5,075 hectares. The La Jojoba gold resource and claims are located some 3.5 km west of Lluvia de Oro. NWM has combined the two mineral properties (Lluvia de Oro mine and La Jojoba gold resource) and secured surrounding ground with a view to developing a district level gold project. The Company now seeks to re-commission the past producing Lluvia de Oro gold mine for commercial production and to conduct exploration on targets that have been identified by our geological consultants.

Chief Properties

Lluvia-Jojoba Project

In February of 2005, NWM acquired ownership of the recovery plant located at the past producing Lluvia de Oro gold mine. In April of 2006, NWM was able to secure operating and purchase option rights to the four claims covering the adjacent mining area. NWM is now re-commissioning the plant at Lluvia de Oro gold mine for commercial production.

NWM has also acquired rights to the La Jojoba property which is located 3.5 km west of the Lluvia de Oro mine. NWM has staked ground between and around the gold deposits located at Lluvia de Oro and La Jojoba and the Company’s combined (optioned and staked) ground for the Lluvia-Jojoba project area now totals 5,074.52 hectares.

Property Highlights

• Extensive combined (optioned & staked) property claim area: 5,074.52 hectares.
• Property wide: Measured / Indicated & Inferred Resources: 514,577 oz. Au.
• 100% owned & refurbished plant onsite.

Sierra Pinta Gold Mine

The Sierra Pinta project hosts two shafts to old workings which were sunk along narrow, high grade, gold/silver veins. The mines were operated in the late 1800′s by British interests who used a rail link that had been built to the Sea of Cortez for direct shipping of ore. More extensive underground mining took place in the 1950′s. NWM’s claims around the Sierra Pinta mine and adjacent areas total some 2,715 hectares.

Property Highlights

• Property is located in geological proximity to “La Herradura gold mine”.
• Past producing underground high grade gold mine.
• Measured resource of 2,870 tonnes grading 18.12 g/t (indicative of vein grades).
• The most recent technical report states that “There is considerable potential for the delineation of additional gold resource in the immediate area of the old workings.”

PII Colorado Exploration Project

The PII Colorado project is located some 6 km southwest of the historic Llano Colorado gold camp and 30 km southeast of the village of Mazatan Sonora, Mexico. Acquired by staking following a grassroots program, the property is 100% owned by NWM and is comprised of 9 claims covering a total of 2,386 hectares.
In 2005, following the recommendations set forth by S. Sears (43-101 Report of October, 2004), the Company embarked on an exploration program which consisted of detailed geological mapping, soil and rock geochemistry, ground geophysics and a 3,000 metre diamond drill program. By the end of June 2006, the Company had completed 3,081 metres of diamond drilling (18 drill holes), 41.5 kilometres of induced polarization (I.P.) and ground magnetic surveys and 17.8 kilometres of gravity surveying.

Exploration Highlights

• At Buena Vista Hill, anomalous gold (Au) mineralization was intersected in two (2) drill holes and at surface where soil geochemistry previously outlined a coincident, 600 x 200 metre Au and Cu soil anomaly.
• In the Central Zone, the potential for porphyry style mineralization was evident in drill hole 17, which intersected a highly altered andesite that assayed 0.10% Cu and 5.5 g/t Ag over 100.6m.
• Characterized by extensive gossans and anomalous Au and Cu soil geochemistry, the northeast Au/Cu zone hosts a Au, Cu, Ag bearing pyrrhotite skarn that returned 1 metre grading 13.65 g/t Au, 0.29% Cu and 1.9 g/t Ag in drill hole 12.
• Numerous induced polarization/resistivity (IP/R) anomalies were delineated of which 13 discrete IP/R zones have the characteristics suggestive of heavier skarn sulphides or sulphide stringer mineralization.

Management

• Chris Berlet, B.Sc. (Mining), CFA – President & CEO
• Dennis H. Waddington, M.Sc., MBA, P.Geo – CFO
• Vernon Smith, P.Eng – Mining Manager
• Thomas McKaig – Investor Relations
• Mary Byne – Corporate Secretary

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