Aspire Mining

Assets

Ovoot Coking Coal Project (100%)

The Ovoot project is a large scale coking coal project with a current JORC Probable Reserve of 255Mt of high quality ‘Fat’ Coking coal.

The Ovoot Early Development Project will see coal mined and washed on site then trucked to the nearest rail head at Erdenet. Volumes per annum will grow as logistics capacity becomes available.

Nuurstei Coking Coal Project (90%)

Nuurstei is a hard coking coal project with 4.7 Mt in indicated and 8.1 Mt of inferred resources.

Coal Test Work has shown this Project could produce a premium hard coking coal. Due to it’s relatively small scale, this project is scheduled to be reassessed once Ovoot is in production.