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Press Release Source: Northwestern Mineral Ventures Inc.

Northwestern sees potential for near-surface silver-lead-zinc deposit at Los Cochis zone, Picachos
Monday August 29, 9:00 am ET


TORONTO, Aug. 29 /CNW/ - Northwestern Mineral Ventures Inc. (TSX-V: NWT - News; OTCBB: NWTMF - News) is pleased to announce that detailed analysis of soil geochemical and underground channel sampling results from the Los Cochis zone at the Picachos Project has revealed the potential for a near-surface silver-lead-zinc deposit more than 3,000 meters long and 500 to 1000 meters wide. Within the anomalous zone, the highest precious metal values in soils are 453 ppb gold and 1,696 ppm silver.
The Los Cochis deposit is centered within a broad northwest-trending polymetallic soil geochemical anomaly, and the strongest part of the anomaly occurs above the known deposit area, covering an area of 0.6 square kilometers.

Average results from 158 soil samples within the central part of the anomaly are 26 ppm silver, 11 ppb gold, 53 ppm copper, 23 ppm antimony, 1,045 ppm lead and 921 ppm zinc. The highest precious metal values in soils are 453 ppb gold and 1696 ppm silver. To the east of the silver-rich zone, there is a zone of anomalous gold-in-soil geochemistry about one kilometer long and 250 meters wide. Average and maximum gold values in this area are 52 and 641.3 ppb gold, respectively.

"We are very encouraged by the exploration model being developed for Los Cochis," said Kabir Ahmed, President and CEO of Northwestern. "Based on the geometry of silver-rich epithermal veins exposed in the underground workings, convergence into a `bonanza` throttle zone with elevated gold values is implied about 300 meters below surface. We anticipate future drilling will test for both a near-surface, open-pittable silver-rich deposit and for potential gold-bearing bonanza shoots."

The Los Cochis epithermal deposit is comprised of several northwest trending, northeast-dipping veins, including the El Fresno, Canuto, Las Chivas, Campamento and Reyes veins. The veins do not outcrop on surface, but are partly exposed in historic underground mine workings and in the Arroyo Los Cochis. As part of Northwestern`s exploration program, the workings at La Tolva, Las Chivas and El Fresno were mapped and systematically chip-channel sampled. The new data was combined with existing information to better define the extent and grade of near-surface mineralization.


Table 1. Summary of chip-channel results for the Los Cochis Epithermal
Ag-Au-Pb-Zn Deposit.
-------------------------------------------------------------------------
VEIN OR ZONE AVERAGE RESULT NUMBER OF
SAMPLES
-------------------------------------------------------------------------
Campamento 312 g/t Ag, 2% Zn, 1% Pb across about 12m 17
including:
722 g/t Ag, 0.2% Cu, 3% Pb and 5.5% Zn across 3m
-------------------------------------------------------------------------
El Fresno 1170 g/t Ag, 1.2% Zn and 1.3% Pb across about 5m 14
-------------------------------------------------------------------------
Canuto 200 g/t Ag, 1.6 g/t Au, 0.5% Pb, 5% Zn across 3 9
to 6 meters
including:
954 g/t Ag, 0.6% Pb and 0.2% Zn across 3.5 m
-------------------------------------------------------------------------
Las Chivas 181 g/t Ag, 3% Zn and 0.8% Pb across 0.7 to 3.0m 9
-------------------------------------------------------------------------
Las Chivas 56 g/t Ag, 0.4% Pb and 1.2% Zn across 48 m 34
Adit
-------------------------------------------------------------------------

The above results are part of the ongoing 2005 exploration program at
Picachos which defined four epithermal precious metal districts including Los
Cochis. A total of 2595 soil samples and 71 chip-channel samples taken on
lines 100 meters or 200 meters apart at 25-meter spacing were collected for
the Los Cochis segment of Northwestern`s exploration program in Picachos.
Analysis of results for the El Toro, Guadalupe and El Pino zones will follow
in the coming weeks.
Northwestern has the right to acquire a 100% interest in the Picachos
property portfolio under an agreement with RNC Gold Inc (TSX: RNC). The
Picachos property portfolio includes the 7,700-hectare (19,000-acre)
silver-gold Picachos property area in Durango State and the 17,800-hectare
(43,900-acre) Tango gold claims in Sinaloa State.
Michelle Robinson (MASc., P.Eng.) is the geologist overseeing the program
in Mexico on behalf of Northwestern and RNC Gold.

ABOUT NORTHWESTERN:
Northwestern Mineral Ventures (www.northwestmineral.com) is an emerging
international exploration company with an experienced management team. The
company is focused on properties with potential uranium and iron-oxide
copper-gold targets and currently has interests in Mexico`s Durango and
Sinaloa provinces and Canada`s Northwest Territories. Northwestern is listed
on the NASD Bulletin Board under the symbol "NWTMF" and the TSX Venture
Exchange under the symbol "NWT."

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.

This news release includes certain "forward looking statements" within
the meaning of the United States Private Securities Litigation Reform Act of
1995. Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the Company
are forward looking statements that involve various degrees of risk. The
following are important factors that could cause the Company`s actual results
to differ materially from those expressed or implied by such forward looking
statements: changes in the world wide price of mineral commodities, general
market conditions, risks inherent in mineral exploration, risks associated
with development, construction and mining operations, the uncertainty of
future profitability and the uncertainty of access to additional capital.


For further information

Kabir Ahmed, President and CEO, [phone], [e-mail]

[ProfessorHastig]

Das hört sich doch ganz gut an!!!

Und bald gibt es news bzgl. der Lizenz für den Uranabbau (Afrika). Und weil ich denke, dass die Lizenz erteilt wird, sollte die 1,00 EUR (vorm Splitt) schon bald fallen...

Kaufen - Kaufen - Kaufen

We will see!
Prof.Hastig

[Grafvonlahnstein]

War das eigentlich mal eine Bulli Empfehlung? Dann käme nämlich bald noch der Newsletter nach