Sanwire Corp (SNWR)

[66chevelle396]

NTMG hit .39 this a.m, nice! Here is what I know to date...This may assist new investors...

1) The Company is presently mobilizing equipment to clear roads in Yellowknife along with an airstrip, and to clean up the site for the milling facilities.

2) The gold-bearing leftover ore are not tailings and that the company intends on processing the ore pile this summer and fall as soon as they can transport equipment onto the site.

3) That the Company will use a crusher and jigs to process the surface stockpiled ore this season.

4) Independent studies (See Primary Engineering Reports) estimate up to 15,000 ton of ore can be processed prior to incurring actual mining costs, probably in less than 100 days. http://www.ntminingcorp.com/planned-operations.php

5) During their first phase of production, NT’s goal is to process the ore piles, dewater the mine, open and rebuild the mine, and start a new drilling program.

6) That the actually mining will start sometime in 2011 after they finish processing all the leftover ore piles.

7) Historical drill results and mining potential info can be found under the Technical Report on the Bullmoose Gold Project, prepared by Marvin A. Mitchell, P. Eng. on the NT website.

8) For a recap.... Gold production/March 1986 and June 1987, was cut short by a major fire which destroyed the operational capabilities. Terra mined and milled an estimated 54,350 tons of ore which produced some 20,001 ounces of gold. That production and subsequent research persuaded NT Mining to achieve control of the property. Acquisition of 100 percent of the shares in Bullmoose Mines Ltd. was completed in September, 2008. Management stated historical studies indicate that up to one million ounces of gold may be recoverable from the existing Bullmoose mineral lease and management believes this figure could increase to 3 million ounces upon completion of planned lease area expansion.


FYI all...