SOURCE: Cotton & Western Mining, Inc.

March 28, 2008 09:45 ET

Cotton & Western Mining, Inc. -- CWRM Completes Phase I EPM 3D Survey in Baja California, Mexico

HOUSTON, TX--(Marketwire - March 28, 2008) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRM) announced today that it has completed the first phase Electromagnetic Potential Measurement (EPM) and Magnetic Measurement Survey using the GeoSurveyor 3-D Software to produce color underground 3-D mapping images of the Baja Pacific No. 8 magnetite seams. To date approximately 7,000 meters of magnetite seams have been discovered on the Baja Pacific No. 8 mining plot. The main purpose of this survey was to confirm that the seam continued along a straight line by conducting underground surveys across the seam route in areas where outcrops could not be seen on the surface. The testing was very successful and revealed that indeed the seam was continuous. A selected group of 2D with 3D side bar scanned images is in the process of being placed onto the CWRM website under the Geology Tab and interested parties may view these images at www.cottonwestern.com. Notes are placed on the images giving UTM locations, scan time and scan distance together with depth of Iron Mineral from the surface and measurement of electromagnetic field given in Mili-Gauss, the higher the number the greater the bulk size of the underground iron ore deposit. The color images distinguish iron minerals as red in color, ranging from blue to green to yellow to red, where the strongest magnetic materials appear as red.

The survey works for Baja Pacific No. 8 will also consist of a Cesium Magnetometer survey to be conducted within the next month. CWRM management has given a verbal commitment to EDCON-PRJ, Inc. of Denver, Colorado to undertake the deep magnetometer survey interpretation and mapping and the possible contracting to EDCON-PRJ to conduct a Gravity Survey. This will be determined upon the completion of all magnetic survey work. The survey work to be conducted at the Baja Pacific No. 8 is not the standard magnetic survey; this is because the magnetite columns of iron were formed as "Magma Up-lifts" and it has been reported by local geologists that some of the Baja seams run several kilometers deep into the earth.

The Management of CWRM as well as the company's potential investment partners is very excited about the Baja Pacific No. 8 magnetite iron deposit; so much so, that it has been decided that the No 8 mining lot will be the first choice to begin the iron mining operations. This will cause some delay in the start-up as the No. 8 was just recently discovered and it is anticipated that it will take approximately sixty to ninety days to complete all the survey and testing works for the project.

Photographs taken of outcrops along side and inside the massive magnetite seams may be viewed at the company's website photo gallery Baja Pacific No. 8; www.cottonwestern.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

  • Contact:

    Cotton & Western Mining, Inc.
    363 North Sam Houston Parkway East
    Suite 1100
    Houston, Texas 77060 USA
    www.cottonwestern.com
    +1(281)820-7815