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Exploration begins: Nuurstei coal project

World Coal,

Work has begun at Aspire Mining’s Nuurstei coal project, as the company begins its exploration programme.

Work began following the mobilisation of the first drill rig to site and completion of site establishment.

The Nuurstei Project is currently 60% owned by the Ekhgoviin Chuluu Joint Venture (ECJV), of which Aspire and the Noble Group each hold a 50% interest. ECJV has a right to increase its interest in the Nuurstei Project to 90%.

The approved drilling programme will consist of geological relogging of 2011 drill holes, reverse circulation and diamond drill holes completed at an average 100 metre depth. These holes are focused mostly in the southern part of the main tenement and the programme has been designed to confirm resource continuity.

Drilling is expected to be completed by the end of October 2014, with laboratory analysis expected to be received in the December quarter.

Adapted from press release by Sam Dodson

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