ABOT Mining (Pink Sheets: ABOT.pk) is
pleased to announce that it has entered into a legally binding Silver Tailings
Purchase & Processing Agreement (the “Agreement”) with Rising Star Mining
(“Operating/JV Partner”) that sets forth terms and conditions for purchase and
production of silver tailings (“Tailings”) known as the Pueblo Project in
Sinaloa, Mexico.



 



The Company has paid
advance monies and has scheduled payments to commence mobilization works for road
repair and equipment maintenance. The Company expects to do the trial run of
150 tons of Tailings and subsequently increase throughput to up to 600 tons of
Tailings per month.



 



As reported earlier, in
addition to Pueblo Project, the Company also intends to purchase and process
gold ore stockpile, which is located within 5 miles radius of its Aztlan 8B Project.



 



The term of the Agreement
is for one year commencing from the date of Agreement with possibilities of
rollovers and extensions. The size of each lot of Tailings has been agreed to be
a minimum of one hundred and fifty (150) tons per production run.



 



About the Company



ABOT is a US based
mining company engaged in discovering, acquiring, developing, producing, and
marketing precious and semi-precious metal properties and is currently headquartered
in Woodland Hills, California. ABOT plans to create long term shareholder value
by implementing an aggressive exploration program, making new precious metals
discoveries and developing mining properties with long-life and low cost
operation.



 



Forward-Looking Statement



Any statements made
in this press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private Security
Litigation Reform Act of 1995, concerning potential developments affecting the
business, prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific items described
in this release, and the company’s operations generally, may differ materially
from what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including, without
limitation, the company’s dependence on third parties, general market and
economic conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the control of
the company. The company disclaims any obligation to update information
contained in any forward-looking statement. This press release shall not be
deemed a general solicitation.



 



Contact:



Imran
Firoz, President



Abot
Mining Co.

ABOT.PK



6303
Owensmouth Avenue | 10th Floor



Woodland
Hills | CA 91367                                                                                                  



T: +1
818.302.0100



E:
info@abotmining.com



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