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America West Resources Receives $1 Million Spot Price Coal Contract From West Coast Co-Gen Power Plant

America West Resources, Inc. (OTC Bulletin Board: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced that the Company has received a spot price coal contract, valued at approximately $1 million, from a co-generation power plant based in the western U.S. The one-time contract provides for America West to immediately supply the co-gen facility with compliant coal produced from the Company's Horizon Mine located in Carbon County, Utah.

Dan Baker, Chief Executive Officer of America West Resources, stated, "Production from Horizon continues to be outpaced by global customer demand for our compliant thermal coal. Consequently, we are delighted to be in a position to take advantage of selling our coal at favorable spot prices, thus optimizing our margins and driving greater revenue performance."

About America West Resources, Inc.

Headquartered in Salt Lake City, Utah, America West Resources is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in generating electricity. The Company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 19 million tons. In addition, America West maintains an undeveloped leasehold, known as the Columbia Property, covering approximately 5,200 acres in Carbon County, Utah - near where the Company is currently mining thermal coal from the Horizon Mine. Based on geological studies, tonnage analysis and core hole drillings, the Columbia Property is estimated to have 50 million tons of raw, recoverable metallurgical grade coal reserves in place. For more information, please visit www.AmericaCoal.com.

Forward-Looking Statements

This news release contains forward-looking statements Please refer to the Company's Form 10-K 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 www.sec.gov. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements regarding current or future mining output, ability to obtain necessary equipment, personnel and permits to mine coal, production capabilities, management's strategy, plans and objectives for future operations, plans and objectives for production, plans and objectives for present and future production, plans and objectives for regulatory approval, and anticipated results, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, risks associated with coal production, mining in general and in our mines in particular, ability to achieve the coal output anticipated, ability to obtain permits, ability to hire and retain the necessary personnel, as well as other risks detailed in our filings with the SEC. We assume no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

ELITE FINANCIAL COMMUNICATIONS GROUP

Dodi B. Handy, President & CEO (Twitter: dodihandy)

For Media Inquiries: Kathy Addison, VP, Elite Media Group (Twitter: kathyaddison)

407-585-1080 or via email at AWSR@efcg.net

SOURCE America West Resources, Inc.

http://www.americacoal.com

Copyright (C) 2009 PR Newswire. All rights reserved

News Provided by COMTEX


Related terms: ceo, coal, contract, electricity, email, media, mining, otc, power plant, president, prices, property, revenue, sec, securities, utah

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