July 31, 2013

Aspire Mining increases coking coal Reserve at Ovoot in Mongolia - Proactiveinvestors (AU)

Aspire Mining increases coking coal Reserve at Ovoot in Mongolia - Proactiveinvestors (AU): "Aspire wholly-owns the Ovoot Project, which is confirmed as Mongolia’s second largest coking coal reserve.

Under the JORC Code the Ovoot Open Pit coal resources have increased by 10.3% to 253.1 million tonnes. Underground coal resources remain unchanged at 27.9 million tonnes. Xstract Mining Consultants Pty Ltd provided the updated JORC statement.

This brings the total coal resources for the project to 281 million tonnes, with 197 million tonnes Measured, 72.3 million tonnes Indicated and 11.8 million tonnes Inferred."

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