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America West Resources Director Interviewed On 'HardAssetsInvestor.com'

Discusses Global Demand for U.S. Coal Reserves with Host Mike Norman


News provided by

America West Resources, Inc.

Jul 08, 2010, 08:30 ET

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SALT LAKE CITY, July 8 /PRNewswire-FirstCall/ -- America West Resources, Inc. (OTC Bulletin Board: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced that George Jarkesy, Jr., a member of its Board of Directors, was a recent guest on HardAssetsInvestor.com, a research-oriented Web site devoted to sharing ideas about hard assets investing.  

During the interview, hosted by financial journalist Mike Norman, Jarkesy shares his expert thoughts and perspective on prevailing market forces fueling growing global demand for U.S. coal reserves.  To view part I of the two-part interview, please go to www.hardassetsinvestor.com/video-library.html and click on "George Jarkesy, Jr.: Very Bullish On Coal."  Part II of the interview is scheduled to air on the web site on July 14, 2010.  

"It was a pleasure to be asked to appear on the show. I hope it serves to generate awareness for the extraordinary growth opportunities available to the U.S. coal industry that could lead not only to substantial investor wealth, but significant job creation for U.S. workers," stated Jarkesy.  "The U.S. has an abundance of compliant coal assets and the coal mining expertise to help meet the escalating global demands for coal exports from coal-powered countries that include China and India.  America West certainly has recognized this opportunity, and has taken measures to position the Company as a preferred supplier to the global coal industry."

In addition to serving as a valued member of America West's Board of Directors since 2007, Jarkesy is the Managing Member of John Thomas Capital Management Group, LLC, which is the general partner for John Thomas Bridge and Opportunity Fund, L.P.  He previously served as the Chief Operating Officer and President of SH Celera Capital Corporation, an internally managed fund.  During his near 15+ year career, he has built and owned companies engaged in financial consulting, asset management, real estate investments, real estate management, employee leasing, light steel manufacturing, livestock management, oil field services, mining and biotechnology.

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 utility companies and industrial customers in the western U.S., China and Europe. The Company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 12 million tons.  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 [email protected]

SOURCE America West Resources, Inc.

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