| ASPIRE MINING CONFIRMS HIGH QUALITY COKING COAL AT OVOOT |
|
|
|
|
Source: Aspire Mining Date: 11 April, 2011 Aspire Mining Ltd. has now received all outstanding raw coal sample analyses from its 2010 drilling program. These results have confirmed the high quality of its coking coal resource at the Ovoot Coking Coal Project in northern Mongolia. Aspire will now incorporate the raw coal data into the Ovoot resource model for future mine planning and open pit optimization. Besides confirming the high quality of the final raw coal, the analysis results also categories Ovoot coal as being high quality bituminous coking coal. A second open hole drilling rig has now been mobilized to site. Aspire has also received an interpretation of two-dimensional seismic program undertaken over the winter. This has provided a number of drilling targets, extending the resource area. It is expected these targets will be progressively tested over the coming months. Two-dimensional seismic work continues to be performed over the Zuun Del Prospect on the eastern portion of the Ovoot license area. |