PATERSON, N.J., April 1, 2008 (PRIME
NEWSWIRE) -- Quest Minerals & Mining Corp. (OTC BB:QMNM.OB
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News) (Frankfurt:QMNB.F
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News), a Kentucky based operator of energy and
mineral related properties, announced today that its wholly owned subsidiary,
Gwenco, Inc., has received a large purchase order for up to $8 million of coal
through December 2008 from Logan & Kanawha Co., LLC., a West Virginia company.
Eugene Chiaramonte, Jr., President of Quest, stated,
``We are excited and optimistic about resuming our coal production during
April. This purchase order is a very significant order for us, and we fully
anticipate being able to fulfill the entire order during the course of 2008.
We expect to announce initial progress reports on operations next quarter.
This purchase order confirms that, with an inherent sulfur reading below
0.6% and over 13,000 BTUs, our Pond Creek coal remains in high market
demand.''
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and
mineral related properties in the southeastern part of the United States.
Quest focuses its efforts on properties that produce quality compliance
blend coal. For more information on Quest Minerals & Mining Corp., please
visit our website at
http://www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Although Quest believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurances that its expectations will be
achieved. Factors that could cause actual results to differ from
expectations include, but are not limited to, lack of revenue producing
operations, lack of working capital, debt obligations, judgments and lien
claims against Quest and certain of its assets, difficulties in refinancing
short term debt, difficulties identifying and acquiring complementary
businesses, fluctuations in coal, oil & gas, and other energy prices,
general economic conditions in markets in which Quest does business,
extensive environmental and workplace regulation by federal and state
agencies, other general risks related to its common stock, and other
uncertainties and business issues that are detailed in its filings with the
Securities and Exchange Commission.
Contact: Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0035
Source:
Quest Minerals and Mining
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