SOURCE: Cotton & Western Mining, Inc.

March 01, 2007 10:05 ET

Cotton & Western Mining, Inc. Releases Chemical Analysis of Bong Mine DRI Pellet Stock Piles

RICHMOND, TX -- (MARKET WIRE) -- March 1, 2007 -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc. confirms that the company has released the composite chemical analysis of approximately 300,000 Dry Metric Tons (DMT) of Direct Reduced Iron (DRI) Pellets that are stockpiled in Liberia, West Africa, to a selected Chinese Steel Mill as part of its contract terms and conditions. The iron mineral products have been stockpiled since the Liberian Civil War and are pending release by the Liberian Government in connection with a new mineral rights concession. In related business, the company has dispatched its conformation letter to Minister Dr. Eugene Shannon, of the Liberian Ministry of Lands, Mines and Energy, Monrovia, stating that the company has accepted the appointment by KKAF Nigeria, limited as the Bong Mine Redevelopment Technical Managers.

The composite samples of the Bong Mine DRI Pellets and Concentrated Feed-Stocks are listed herein for review by interested parties. The materials were tested on February 28, 2007 by GTM Quality Analysis, Manzanillo, Colima, Mexico on a dry basis.

DIRECT REDUCED IRON PELLETS
Iron / Fe / 65.95%
Silicon / SiO2 / 4.80%
Sulfur / S / 0.001%
Magnesium / MgO / 0.34%
Phosphorous / P / 0.015%
Aluminum / Al2O3 / 0.51%
Calcium / CaO / 0.4%

CONCENTRATED DIRECT REDUCED IRON FEED-STOCKS
Iron / Fe / 66.40%
Silicon / SiO2 / 2.64%
Sulfur / S / 0.002%
Magnesium / MgO / 0.38%
Phosphorous / P / 0.017%
Aluminum / Al2O3 / 0.49%
Calcium / CaO / 0.55%
Current Free On Board (FOB) Spot Market Prices for DRI Pellets range between $68.00 and $72.00 per Dry Metric Ton; CWRN estimates the FOB value of the products at near $21,000,000.00.

Persons interested in the history of the Bong Mine may view many past and present photographs of Bong Town and the Bong Mine at www.bong-town.com a website with a lot of information presented by Robert W. Kranz, a noted war journalist and photographer.

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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