America West Resources Takes Delivery of New Mining Equipment
2009年9月9日 - 12:30AM
PRニュース・ワイアー (英語)
Triggers Potential for Two Section Mine Development Plan and
Production of 30,000+ Tons of Coal Per Month SALT LAKE CITY, Sept.
8 /PRNewswire-FirstCall/ -- America West Resources, Inc. (OTC:AWSR)
(BULLETIN BOARD: AWSR) , a domestic compliant coal producer with
mining operations in Central Utah, today announced that it has
taken delivery of a new continuous miner and other related new
mining equipment that has allowed the Company to evaluate
re-starting mining activities in a second section of the Horizon
Mine. Currently, America West is producing approximately 30,000
tons per month from a single section (29,000 in July and 31,000 in
August) - which is up from approximately 10,000 tons in May of this
year. A continuous miner allows for the extraction and removal of
coal from a working face in one operation and without blasting. Dan
Baker, Chief Executive Officer of America West, stated, "Overall,
we are very pleased that our new continuous miner is allowing us to
extract coal at a very steady and sustainable rate, allowing us to
regain meaningful traction in achieving our monthly production
objectives and moving plans forward to double our output by
resuming our two-section mine development plan." In April 2009, the
Company reported that through lease modification and revised
estimates confirmed by a third party engineering firm, the Horizon
Mine currently has approximately 12.4 million tons in recoverable
coal reserves. About America West Resources, Inc. Headquartered in
Salt Lake City, Utah, America West Resources, Inc. is an
established domestic coal producer focused on the mining of
compliant (low-sulfur) coal and its sale primarily to U.S. utility
companies for use in generating electricity. For more information,
please visit http://www.americacoal.com/. Forward-Looking
Statements This news release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Please refer to the Company's Form 10-K and other filings
with the United States Securities and Exchange Commission (the
"SEC") for additional information regarding risks and
uncertainties, including, but not limited to, the risk factors
listed from time to time in such SEC reports. Copies of these
filings are available through the SEC's electronic data gathering
analysis and retrieval system (EDGAR) at http://www.sec.gov/. FOR
ADDITIONAL INFORMATION, PLEASE CONTACT: ELITE FINANCIAL
COMMUNICATIONS GROUP Dodi B. Handy, President & CEO (Twitter:
dodihandy) For Media Inquiries: Kathy Addison, VP, Elite Media
Group (Twitter: kathyaddison) 407-585-1080 or via email at
DATASOURCE: America West Resources, Inc. CONTACT: Dodi B. Handy,
President & CEO, or Media Inquiries: Kathy Addison, VP, Elite
Media Group, +1-407-585-1080, Web Site: http://www.americacoal.com/
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