PATERSON, N.J., July 2, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining
Corp. (OTC BB:QMNM.OB -
News) (Frankfurt:QMNB.F
- News), announced today
that its Pond Creek Location is ready to commence coal production operations
pending the issuance of final directional engineering reports ``spats'' by its
internal engineering firm, Alchemy Engineering. Management expects said reports
to be issued by July 9, 2008 and plans to update the public with production
numbers in the coming weeks.
Eugene J. Chiaramonte, Jr., President of Quest Minerals and Mining Corp.,
stated, ``I am pleased to announce that we now have the equipment and people
in place today to initiate mining operations at our Pond Creek Location.
Given the fact that the Independence Day holiday is upon us, we have
experienced a slight delay in obtaining final directional engineering
reports from our engineering firm, which are expected early next week. Once
received, we can then move on to production stage.''
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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