CWRN: "Iron Ore Production Set for August at Baja Pacific 14"
06 August 2010 - 3:15PM
Marketwired
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) -- Robert L.
Cotton, President of Cotton & Western Mining, Inc., stated
today that the company's Baja Pacific Iron Mining Project is
currently working under section 120 of the Mining Law "Exploration
Status" until all mining permits are issued; further it is expected
that all mining permits will be issued within the next two weeks.
The company has completed clearing and cleaning the roads in and
around the concession and has started collecting loose iron ore
floats and breaking the materials up for crushing with a hydraulic
hammer; there are approximately 80,000 metric tons of loose iron
mineral floats within the concession. Crushing equipment should be
arriving at the Guadalupe Mining Concession by the 20th of this
month and full production starting immediately thereafter in
anticipation of making the first bulk cargo vessel load before the
end of September 2010.
The August Company News Letter was sent out today via electronic
mail containing pictures of the current activities together with a
map of mining concession to shareholders and other business
contacts. Persons interested in receiving Baja Mining News,
concerning the project may request a copy from the following e-mail
link: bajaminingnews@yahoo.com
Bulk shipments will be loaded out at the Pacific Ocean Port of
Ensenada, Baja California, Mexico. PanAmerican Minerals Ventures,
S.A. de C.V., a Joint Venture Company, is the operating company for
the Baja Pacific Iron Ore Mining Project.
Related News: The Spot Crude Iron Ore
Price for the China Seaborne Trade as reported on closing Thursday,
August 6th, 2010 at CFR $138.82 per dry metric ton Port of Qingdao.
Daily index prices may be viewed at the Metal Bulletin link
below.
Metal Bulletin Iron Ore Index Link
http://www.mbironoreindex.com/
About Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) is a Nevada
Corporation that is engaged in metal mineral exploration,
development and operations of "Iron Mineral Mining." For more
information, please visit the company's website at
www.cottonwestern.com.
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking
statements be subject to the Safe Harbors created thereby. The
Company is a development stage firm that continues to be dependent
upon outside capital to sustain its existence. Since these
statements (future operational results and sales) involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from expected results.
Contact: Cotton & Western Mining, Inc. 6942 FM 1960 East #
518 Humble, Texas 77346-2706 http://www.cottonwestern.com +1 (832)
692-3542
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