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Aspire Mining advances closer to feasibility study for Nuurstei project

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World Coal,

Mongolian metallurgical coal explorer and infrastructure company, Aspire Mining Ltd has made significant progression in relation to its Nuurstei metallurgical coal project, completing key activities required to complete a feasibility study for the project.

Firstly, Aspire has appointed Neil Wilson as Project Manager for the Nuurstei Project. This role will involve managing the upcoming drilling and sampling programme, the mining and delivery of the raw coal purchases, completion of the feasibility study and eventually, the future mine construction and operation.

Ferrostaal Mining Services (FMS) has signed a contract with Aspire to provide a full suite of project development services to enable the company to quickly and efficiently complete the Nuurstei project feasibility study.

RPM Global will be appointed to provide technical advisory services including JORC 2012 compliance oversight for the Nuurstei project drilling and sampling programme, a resource model inclusive of the 2018 drilling programme results, and JORC 2012 Compliant Resource and Reserve Statements following the successful completion of the supporting studies.

Additionally, Aspire has now agreed to purchase 100 000 t of raw coal from the Mongolian Government Agency, which owns and operates a coal mine adjacent to Nuurstei, in order to prepare for costs for the feasibility study.

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