Press Release Source: Cotton & Western Mining, Inc. On Tuesday November 9, 2010, 9:48 am EST
HOUSTON, TX--(Marketwire - 11/09/10) - Cotton & Western Mining, Inc. (Pinksheets:CWRN - News) 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.
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