ABOT Mining Co. Initializes Production Test Run with 1,000 Tons of Ore

SHERMAN OAKS, Calif., Dec. 21, 2011 /PRNewswire/ -- ABOT Mining (Pink Sheets: ABOT.pk) and its Mexican joint venture partner is pleased to announce that they have allocated 1,000 tons of Ore as an initial production test run. Subject to recovery rate results and refining cost from this production test run; ABOT Mining shall increase the tonnage and frequency of the production.

ABOT Mining has further received encouraging initial flotation engineering results, indicating a recovery value of 89.00% of the Au and Ag and show 2.51 ounces of Au and 19.00 ounces of Ag per metric ton. Based on these criteria, ABOT Mining has contacted several mills and is in advance negotiation to finalize contract terms in order to define refining costs and to establish acceptable recovery rates for its Ore supply.

"We are extremely positive about the possibilities of this initial production test run of 1,000 tons of ore. The testing process shall provide us invaluable information on our Ore supply and should put us on the fast track to become a revenue generating company in the near future," said Morris Rafi, President of ABOT Mining.

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 Sherman Oaks, 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. ABOT's strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

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. 

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