America West Resources Expands Horizon Mining Operations and Boosts Coal Production
Posted on: Monday, 30 June 2008, 09:03 CDT
SALT LAKE CITY, June 30 /PRNewswire-FirstCall/ -- America West Resources, Inc. (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/ .
America West Resources, Inc.
CONTACT: Dodi B. Handy, President & CEO of Elite FinancialCommunications Group, LLC, +1-407-585-1080, AWSR@efcg.net, for America WestResources, Inc.
Web site: http://www.americacoal.com/
Source: PRNewswire-FirstCall
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