CWRN: "Baja Iron Mining Project in Full Production"
November 09 2010 - 9:48AM
Marketwired
Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) Robert L.
Cotton, President of Cotton & Western Mining, Inc., stated
today that, "the Baja Pacific raw crude iron ore mining project is
in full production as of Friday, November 5th, 2010." Operator
Training and Crushing equipment set-up and start-up was provided by
the equipment manufacturer, crushing both through the Primary Jaw
and Secondary Cone was undertaken by Pan-American Minerals
Ventures, S.A. de C.V. operators with initial crushing rates higher
than anticipated. The iron ore is being crushed to main production
sizes of 03 to 18 millimeter Fines and secondary sizes of 0 to 03
millimeter Super Fines. The 3 by 18mm Fines will be shipped via
Bulk Cargo Vessels and the 0 by 3mm Super Fines will be packed in
Maxi Bags for container shipments of 8 bags maximum of 25 metric
tons per 20-ft container, for Environmental Air Quality concerns
and will begin before the end of November 2010. All "Guadalupe"
Fines and Super Fines shall be sold on the China Seaborne Trade
Spot Sales Market for the near future. All product cargo shall be
shipped from the Pacific Ocean Port of Ensenada, Baja California,
Mexico. A photograph of the production may be viewed on the
Company's website home page.
Other News: The Ensenada Port Authority is
in the process of dredging its bulk cargo dock to receive PanaMax
vessels up to 75,000 Down Weight Tons (DWT). The P.A. advised CWRN
and PanAm both on Monday that the dredging project would be
completed before the end of December 2010. The company will still
make its first shipment via Handy cargo vessel at 30/35,000 DWT;
However, beginning in January 2011 all bulk cargo shipments will be
made via PanaMax at one or two shipments per month.
CWRN management has undertaken the selection process of a
special "Advisory Board" that will be made up of Geo Science
academia, Geologist, Mining Engineers, Geophysicist, Mining Law
Attorneys, Environmental Specialist and other professionals within
the Mexico Mining Sector. It is anticipated that the "Advisory
Board" will be in place before the end of January 2011. The Company
is proud to announce that the first two members of the "Advisory
Board" have joined the CWRN /PanAm Mex team, we herein
introduce:
Gabriel Chavez Aguirre of Ensenada, B.C.
Bachelor of Arts in Information Management at the UABC in 1993 /
Dedicated primarily in mining development since 2001 he is involved
in the industrial planning and mineral exploration in the region of
Baja California and Sonora, Mexico with more than 30,000 hectares
in various parts of mineral concessions. Mr. Chavez is also a
Director of Grupo Minero Lobos, S. A. de C. V. which holds a vast
amount of iron mineral and other metal mineral reserves.
Ruben Reyes Moreno of Ensenada, B.C.
Law degree with postgraduate corporate law at the Autonomous
University of Baja California. Legal defense specialist and
administrative management of mining business General Counsel of
Grupo Minero Lobos, S. A. de C. V.
Related News: China Seaborne Trade, Spot
Price Iron Ore may be viewed at the following link:
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 for "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. +1 713 482
7593
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