PATERSON, N.J., June 20, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining
Corp. (OTC BB:QMNM.OB -
News) (Frankfurt:QMNB.F
- News), a Kentucky based
operator of energy and mineral related properties, announced today that it is
diligently working to conclude their final stages of rehabilitation so that they
can move into full production. The company is currently preparing to mine its
Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.
Eugene J. Chiaramonte, Jr., President of Quest Minerals and Mining Corp.,
stated, `` I have spent many hours underground to ensure that we are mining
as soon as possible. Despite some minor encounters related to equipment
delays, our long awaited production phase is imminent. Pending any
unaccountable obstacles, we expect to be ready for production within a week
to two weeks. The company is eager to launch its $8 million contract
fulfillment with Logan & Kanawha Co., LLC. We will provide continual updates
as production incurs.''
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 & Mining
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