SOURCE: Cotton & Western Mining, Inc.

April 18, 2007 09:45 ET

Cotton & Western Mining, Inc. Incorporates Joint Venture Company

RICHMOND, TX -- (MARKET WIRE) -- April 18, 2007 -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc., announced today that it has incorporated its joint venture with Quantum International of Houston, Texas, as "Cotton & Quantum Mineral Ventures, Inc." a Nevada Corporation. Administration of the joint venture shall be conducted out of Quantum's west Houston office, addressed as:

Cotton & Quantum Mineral Ventures, Inc.
C/O Quantum International
1210 West Clay Avenue, Suite 3
Houston, Texas, 77019 U.S.A.
Ph: 1 281 877 7773
Fx: 1 713 863 1116
Attention: Al Johnson
The joint venture corporation documents together with financial and foreign investment applications shall be submitted to the government of the Republic of the Philippines to legally register the joint venture company. Once these applications have been approved, CWRN shall transfer its rights to the selected iron mineral leases to Cotton & Quantum Mineral Ventures, Inc. and begin shipping the specialized mining equipment to the Philippines.

Under the terms and conditions of the joint venture agreement, CWRN shall be responsible for all mining operations, and selection of iron mineral leases to exploit, while Quantum shall be responsible for all funding and finished product contract sales.

The tentative selection of an iron mineral deposit located in the province of Camarines Norte, Southeast Luzon may be opened first. The selection of this location would not require any substantial mining infrastructure nor building of any new heavy haul road and adequate loading facilities are near by on the Philippines Sea. Within the scope of the joint venture agreement, Quantum has the option to fund any mining project of CWRN's choice, not only in the Philippines, but, including the company's iron mineral interest in both Mexico and Indonesia. Paramount to the selection of the Camarines Norte iron mineral deposit was factoring in the time and expense needed to develop other mineral leases; as CWRN and Quantum both are very anxious to get underway with production, operations shall begin with the best iron mineral mining option available to meet market demands quickly.

The information released in this report is free and open to CWRN shareholders and the general public. Information that is considered sensitive to both Quantum and CWRN that is covered in non-disclosure agreements has and is being withheld from the general public. Information withheld relates to financial matters and geological data of the selected CWRN iron mineral deposits.

For more information on Cotton & Western Mining, Inc. please visit the company website at: http://www.cottonwestern.com.

About Cotton & Western Mining, Inc.:

Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) is a U.S. corporation structured to produce and sell iron ore on a global scale. Currently, the Company is engaged in several mining activities that will provide the Asia Pacific Steel Manufacturing Sector with high grade raw crude iron ore products.

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.

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