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Aspire Mining completes drilling programme for 2014

World Coal,

The 2014 drilling programme at the Nuurstei metallurgical coal project in Mongolia has been completed by Aspire Mining.

The company announced that the drilling has successfully intersected coal in an additional 11 exploration drills at its project site, which is owned jointly with the Noble Group.

The 2014 drilling programme comprised 17 non-core rotary holes, while seven holes from the 2011 programme were reopened and geographically logged.

The 2014 drilling programme at Nuurstei achieved its goal of testing and confirming coal continuity along a 1.2 km strike on a northwest-to-southeast orientation with coal dipping an average 50 degrees to the south west. The area is faulted with a number of north-south faults crossing the deposit and exposing surface coal outcrops. In addition, a separate near surface coal deposit to the west of a major fault dips in a separate direction to the north and this will be further investigated in 2015. Drill hole data will now be assessed and an exploration program developed to test resource continuity of coal, and to target near surface coal resources which could support a road-based trucking operation.

An additional 11 holes were completed since the previous announcement dated 30 September 2014. All holes intersected coal seam intervals, some with claystone partings, although there was a noticeable thinning of seam thicknesses to the northwest. Holes NURH1007 to NURH1017 have not been previously reported.

Coal quality testing will be required to confirm ash and coking properties.

Down hole geophysics indicates that parts of the coal seam intervals should be low to moderate in raw

ash levels, indicative of a possible coking coal fraction.

The Nuurstei coal project is located 10 km from the provincial capital of Moron and 160 km to the east of Aspire Mining’s 100% owned Ovoot coal project. A sealed road from the nearest railhead at Erdenet through to Moron will be completed in 2015. According to the company, the Nuurstei project could also become a user of the Northern Rail Line, a new rail development project earmarked for Northern Mongolia, which will connect the region to export markets.

Written by Sam Dodson

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