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Cotton & Western Mining

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Cotton & WesternCotton & Western Mining, Inc. (the “Corporation”) pubic corporation traded under the symbol CWRM on the OTC:PK was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior “Iron Mineral Mining” company.  Iron ore mining can be a simple low-tech process or a very expensive and sophisticated undertaking.

It is our belief that with current market conditions yielding record profits for iron mineral mining companies, it is possible to exploit deposits of high-grade magnetite / hematite that are either overlooked or considered to small for larger mining concerns.

With a minimum of capital investment needed in order to accomplish our goals, we first set about forming certain criteria that would insure we did not get involved with a cost runaway project, referring to extraordinary infrastructure, ground transportation cost, mining techniques and finished product processing, which can in many cases devoir a modest start-up budget. The following specific criteria are the hallmarks of our operating philosophy and the reasons why they are the highlight of the International Minerals Group, Inc..

  • Iron Mineral Deposits with a minimum of 10,000,000 metric tons of useable ore to be considered as commercial by our group.
  • Iron Mineral Deposits that are located within 100 kilometers (62.5 miles) from a commercial port.

 

  • Iron Mineral Deposits that are rich in Magnetite with average iron (Fe content) greater than 60%
  • Iron Mineral Deposits that are low in the basic trace elements of Sulfur, Silica, Phosphorus and little or no Vanadium or Titanium. 

The above criteria is paramount to our mining plan, as the company only mines and markets raw crude iron ore in primary sizes of 0.015mm through 10mm classified as Fines. Mining these grade “A” iron minerals means the finished product processing consist only of low-cost magnetic separation, which not only cleans the product of dirt, limestone and other non-magnetic materials, but lifts the Fe percentage from 3 to 7 percent, depending on the size of the materials, where the smaller in size, the greater in Fe lift.

Being within 100 kilometers of a commercial port means lower ground transportation cost, one of the highest cost items of any mining operation. The company’s target cost of ground transportation is less than $4.00 per metric ton.

Large mine operators are generally entrenched and tied to a giant mineral deposit that may consist primarily of low and medium grade iron minerals; meaning they have built large and expensive stationary processing plants. When the crushing, screening and processing cannot be moved, the materials have to be moved to the plant. This is where a very large savings in operating cost is realized by CWRM, as we use remote controlled mobile tracked crushing and screening equipment. Our mining techniques do not require large and expensive mining trucks to haul the blasted materials to a stationary plant; we simply back our processing equipment up to the bench and begin crushing, screening and magnetic separation. The materials are loaded on the spot and taken straightaway to the port for stockpiling awaiting the next cargo vessel.

One may assume that finding iron mineral deposits that meet our company’s criteria is very difficult; it is not an easy task; however, over the last five years we have investigated over 40 iron mineral deposits in Mexico, 17 in the Philippines and 8 in Indonesia. Of those iron mineral deposits, we have selected several for future development.

Executive Summary

        Cotton & Western Mining, Inc. aims to provide the targeted Asia Pacific Steel Manufacturing Sector as the primary export destination of our crude iron ore products, for classifications of “Concentrated Fines” (0.15 ~10mm size) for Mini Mills (those using electric blast furnaces) and Lump Ore (25~40mm size) for fully integrated steel mills; the secondary markets are North America and the European Union. CWRM seeks to generate significant increases in sales revenues in each operating quarter of year 2008 and 2009, beginning with our first shipment of crude iron ore fines scheduled for the second quarter of year 2008.

         Highlights of CWRM are the gross margin and sales revenue for twelve months forward beginning in year 2008. Finish product off-take agreements are in the first stage negotiation and final contract execution shall depend upon the operational status of our start-up target mine.

Objectives

         Cotton & western Mining, Inc. objectives are to create fair profits for the corporation and increase value for our shareholders. This goal is to be reached by simple hard work and strict adherence to budgeted cost estimates, meeting operational schedules, and cost efficient mining techniques employed at the project site [s].

Our Mission

         Cotton & Western Mining’s mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale. The current pricing situation is at an all time high, with strong demand for raw materials coming from the People’s Republic of China and it is expected to remain strong for several years ahead.

Critical Success Factors

          There are two keys to success that is focused on. These are broadly characterized as Internal and External Factors, and are explained in the following two sub-paragraphs.

Internal Factors

The company feels that it controls its own success through some basic internal factors. These are;

  • Selling and Marketing
  • Excellence in Fulfilling the Promise
  • Developing Visibility
  • High-quality Iron Minerals and Customer Satisfaction
  • Key Management Team

External (Business Environment) Factors

  • The Asia-Pacific Region is now living in an interesting era: the process of change from the "old economy" to the "global new economy" brings a tremendous development growth and mobility of capital, and liberalization to the region. Since the new global economy brings new economics, new market structures, new industry structures, and new company structures, the profile of the Asia Pacific Steel Industry has also changed. Customers have evolved from "Solution

Demander" to "Value Demander," and from "Clients" to "Business Partners."

  • CWRM is proactively focused on establishing relationships with both “Private Enterprises” and “State Owned Enterprises”, in the People’s Republic of China. The stabilization of the iron mineral import to China began to take shape in year 2007, with import pricing holding in the high 50’s to low 60’s U.S. dollars per dry metric ton of iron ore fines, FOB China main ports. The long term contract (12 months or more) pricing maintained stable in relationship to the Spot Market Prices; whereas in the past few years there was a large gap between Long Term and one off Spot Prices. It is our belief that the supply and demand for raw steel making products will hold at current demands and prices for the next few years.

Company Summary

          Cotton & Western mining, Inc. is a Nevada Corporation Cotton & Western Mining, Inc. (OTC:PK / trading symbol CWRM) works closely with a group of international agents and affiliates that operates iron mineral mines, manages, markets, and executes contract sales agreements for the iron minerals.    

           Insiders and majority share holders of Cotton & Western Mining, Inc. are Robert L. Cotton Jr. (Bob) President & C.E.O. and the majority shareholder of the company’s control shares. Insider Minority control shares are owned by Robert L. Cotton III (Trey) Vice President and Treasurer and by Sharon Vazquez, Vice President and Secretary. These shareholders’s currently comprise the sole list of corporate officers and board of directors. The balance of control shares are held by Emily Cotton and Jennifer Cotton.

 

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