PATERSON, N.J., July 15, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, is very pleased to announce that its wholly owned subsidiary, Gwenco, Inc. has hired a crew of maintenance personnel to work the second shift at its Pond Creek location.
Everett Hampton, President of Whitestar Mining, LLC. commented, "The company plans to expedite production as quickly as possible in an effort to bring its Pond Creek mine up to previously stated expectations of between 1,500 - 2,000 raw tons of coal per day and I believe that utilizing a second shift of maintenance personnel is a very positive step in the right direction. Employing this maintenance team will enable the first shift of miners to commence production operations immediately at the start of each day without being hampered with the task of performing their own maintenance and preparation, which can potentially consume hours of a typical work shift."
Eugene J.Chiaramonte Jr., President of Quest Minerals and Mining Corp., stated, "I am excited to report that we have employed a shift of maintenance workers at our Pond Creek location so quickly. This move is expected to allow our first shift personnel to mine coal without focus on additional, often time consuming tasks. Given the extremely favorable conditions currently present in the coal market, we are anxious to bring the mine into full production mode as soon as possible."
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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.