SOURCE: Cotton & Western Mining, Inc.

August 22, 2006 09:45 ET

Cotton & Western Mining, Inc. Reveals Magnetic Survey Data for Mindoro Island Iron

RICHMOND, TX -- (MARKET WIRE) -- August 22, 2006 -- Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc. (PINKSHEETS: CWRN), today released ground magnetometer survey data maps for the 36 million metric ton Lapa-ao and the 12 million metric ton Nagsabongan magnetite iron deposits at its Pacific Pearl Mining Complex on Mindoro Island, The Republic of the Philippines. The company is studying analytical test data of fresh samples to determine which of the deposits will be exploited first. The average iron content of out-crop samples taken from Nagsabongan is Fe 67%, with light percentages of other trace elements. The two iron deposits are separated by 5,000 meters; Nagsabongan is at 700 meters altitude located at the upper reaches of the Mamburao River. The company will establish a project office at the provincial capital of Occidental Mindoro, Mamburao, in September 2006 and begin initial infrastructure, building a 26 km heavy haul road along side the Mamburao River to the iron deposits area. Small scale mining operations are scheduled to begin in late November, with hopes of making the first shipment of "Pacific Pearl Iron Ore Fines" before the end of the year. Early shipments will be loaded at Wawa, on the north side of Mindoro Island, leading out to the South China Sea, via the Verde Island Passage. Future Panmax and Cape sized shipments will load out of a new jetty to built near Mamburao, on the South China Sea. Both north and south sides of the island ports are approximately 30 km from the Mamburao highway intersection at Cabacao. Iron deposit location maps and magnetic survey maps may be viewed at the links below.

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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 and provides the Asia Pacific Steel Manufacturing Sector with high grade A 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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