America West Resources Expands Horizon Mining Operations and Boosts Coal Production
30 Junho 2008 - 10:30AM
PR Newswire (US)
Company Launches Mining Operations in Section II SALT LAKE CITY,
June 30 /PRNewswire-FirstCall/ -- America West Resources, Inc.
(OTC:AWSR) (BULLETIN BOARD: AWSR) , a domestic coal producer with
mining operations in Central Utah, is pleased to announce that the
Company has officially commenced coal production in Section II of
its Horizon mining operations. "Expanding our mining operations
into Section II represents a mission-critical milestone for our
Company and one that we have worked very hard over the past six
months to achieve," stated Alexander Walker III, President and
Chief Executive Officer of America West Resources. "Under the
capable and experienced leadership of 39-year coal veteran Dan
Baker, who was named our Chief Operating Officer this past
December, production at our Horizon Mine is not only back on track,
but progressing well." Continuing, Walker noted, "Both Sections I
and II are now running seven days a week, three shifts a day. As a
result, our June coal output is now on pace to increase 30% over
the previous average monthly production. With mining operations in
Section II now underway, our coal production should continue to
scale at a much more aggressive pace. Based on the significant and
growing global demand for our high-BTU, compliant coal, we are now
well positioned to make measurable progress towards accomplishing
several key financial and operational objectives in the months
ahead." 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 clean and compliant
(low-sulfur) coal and its sale primarily to U.S. utility companies
for use in generating electricity. Since 2003, the Company has
extracted over 1.3 million tons of coal from its owned and operated
Horizon Coal Mine based in Central Utah. 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-KSB 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/ .
DATASOURCE: America West Resources, Inc. CONTACT: Dodi B. Handy,
President & CEO of Elite Financial Communications Group, LLC,
+1-407-585-1080, , for America West Resources, Inc. Web site:
http://www.americacoal.com/
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