PATERSON, N.J., July 21, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today that it has purchased the necessary materials to replace and upgrade their existing 36" beltline to a larger 42" beltline.
Everett Hampton, President of Whitestar Mining, LLC. commented, "The larger conveyer system is a key improvement as it will essentially allow for greater tonnage while reducing downtime previously caused from beltline overloads. Even more importantly, the upgrade will not interrupt our current production efforts as the work will be completed by our recently acquired 2nd shift maintenance crew."
Eugene Chiaramonte, Jr., President of Quest, stated, "Replacing the beltline to facilitate higher coal volume is one more step towards our commitment to being a top producing company similar to Massey Energy, Consol Energy or Peabody Energy."
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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.
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 & 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.