PATERSON, N.J., March 28, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today its Pond Creek mine (GWENCO) has passed its triple A inspection with federal mine inspectors, which will allow the conclusion of its rehabilitation, bringing the mine to its final inspection before mining operations are started.
White Star Mining, our new contractor, has begun moving their equipment onto the face of the mine including its JOY 14-10 continuous miner. The JOY miner (state of the art for coal mining) can mine up to 1,000 tons per shift, or over 40,000 tons per month on a two-shift operation.
The Pond Creek seam is widely mined in the area as a "super compliance" or metallurgical blend coal. According to Eugene Chiaramonte, Chairman of QMNM, "With inherent sulfur below 0.6% and over 13,000 BTUs as clean coal, the Pond Creek is in demand in this coal market. We have serious bids for orders and are looking forward to shipping in spring."
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 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 and 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.