SOURCE: Cotton & Western Mining, Inc.

June 24, 2009 09:45 ET

CWRN: Buyers for Baja Iron Ore Set Site Visit for June 30

HOUSTON, TX--(Marketwire - June 24, 2009) - Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) announced today that its Asian iron ore buyers together with Investors will meet with management and geologist at the Baja Iron Ore Mining Project site on June 30, 2009 for a first hand look at the magnetite rich iron deposits and the shipping facilities at the Pacific Ocean Port of Ensenada, Baja California. Management is hopeful that all the terms and conditions (as stated the company's June 10, 2009 news release) can be agreed upon by the first week of July with contract execution tentatively set for mid July 2009. Market conditions as witnessed by the China Seaborne Trade increase are a good indicator that near term and long term supply and demand for quality raw steel making materials will improve. Setbacks on opening the Baja Mining Project have primarily been contributed to the down-turn in the world economy; however, optimism remains high that conditions have improved enough to go forward with the project in 2009.

Current FOB annual contract pricing is $45.00 per each Dry Metric Ton (DMT) shipped while one-off Spot Sales now at $76.50 CIF in main China ports on base Fe content of 62%. Cotton & Western is expected to open production at 52,000 DMT per month, which will be shipped from the Pacific Ocean Port of Ensenada, Baja California, Mexico.

Cotton & Western Mining recently projected revenues in excess of $126 Million based on an agreed base price of $45.00 FOB Mexico, per each dry metric ton sold on a guaranteed 64.5% Fe (iron content) with bonus payment of $0.6976 for each 1% Fe content above the minimum contract specifications. The average Fe content as tested in 2008 for Baja NO. 14 is 67% Fe content.

About Cotton & Western Mining, Inc.

Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. Cotton & Western Mining's mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale. The current pricing situation is at an all time high, with strong demand for raw materials coming from the People's Republic of China and it is expected to remain strong for several years ahead. For more information, please visit the company's website at

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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