Monday, November 08, 2010 5:11:35 PM
1. The company has discovered approximately an additional 1,000,000 metric tons of new iron ore bodies during the recent survey of the Guadalupe concession boundaries. The new iron is estimated at potentially $100,000,000.00 in revenue value based on current CRF China Seaborne Trade Spot Market, (see iron ore index below).
2. Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) Robert L. Cotton, President of Cotton & Western Mining, Inc. says, "the Baja Pacific raw crude iron ore mining project is moving out of the pre-mining preparation stage and into full production by Friday, November 5th, 2010."
3. Robert L. Cotton, President of Cotton & Western Mining, Inc., announced that a special meeting of the Company's Board of Directors will be held on November 20th, 2010 to discuss the following points of reference:
1). Review the year to date mining progress at the Baja Pacific Iron Mineral Mining Project.
2). Review the issued and outstanding pubic share structure and vote on the number of common shares that will be made available to the public. The Company is contemplating a treasury buy back program for sixty (60%) percent of the public free trading common shares in year 2011.
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