Aspire Mining Limited

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Aspire Mining Limited Company Summary

Aspire Mining Limited (ASX:AKM) owns 100% of the Ovoot Coking Coal Project in northern Mongolia. Aspire completed a Pre-Feasibility Study for the Ovoot Project in May 2012, targeting a large scale open pit mining operation, with production of 10-12 Mtpa of saleable coking coal at full capacity. Aspire is targeting first production at Ovoot in early 2016 subject to approvals and licenses. Ovoot ranks as the second largest coking coal Reserve, by project in Mongolia, with a JORC Code compliant Coal Resource at Ovoot of 252 Mt (156 Mt Measured, 70 Mt Indicated, 26 Mt Inferred) and Probable Coal Reserves of 178 Mt. Aspire is continuing to progress its application for a mining license, and access to rail infrastructure and other regulatory approvals.

DIRECTORS / OFFICERS

David McSweeney Non Executive Chairman Mr McSweeney is a lawyer by training and has over 20 years experience in the resources sector ranging from exploration to project management, project finance, commercial and legal structuring and corporate development. A founder of Gindalbie Metals Ltd, David was the Managing Director from 1998 until December 2006. During this time at Gindalbie David oversaw the discovery and commissioning of two gold production centres and the repositioning of the company as an emerging Australian iron ore proucer with a +$300m market capitalisation. Mr McSweeney is currently the Executive Chairman of Avalon Minerals Ltd, a Non Executive Director of Bauxite Resources Limited and Chairman of MSP Engineering Pty Ltd David Paull Executive Director Mr Paull has over 20 years experience in resource business development and industrial minerals marketing. Mr Paull was previously Executive General Manager Business Development and Marketing where he oversaw the sale of over half the world's annual tantalum concentrate requirements and two thirds of the world's lithium minerals supply. Over the last six years David has been working on private equity and seed capital opportunities in the biofuels, transport services and resource sectors. David holds a Bachelor of Commerce from the University of Western Australia and a Master of Business Administration with Distinction from Cornell University New York. He is a fellow of the Financial Services Institute of Australia. Mr Paull currently serves as Non-Executive Director of Pacific Wildcat Resources Corp, a TSXV listed company and Director of Red Island Resources Limited, a public unlisted company. Russell Lynton-Brown Non-Executive Director Mr Lynton-Brown has over 13 years experience in the finance industry specialising in investment advice for both retail and corporate finance predominantly in the resources sector. Russell has gained a wealth of experience working within international and Australian stockbroking firms, bringing a strong combination of knowledge and financial capability to the Board. Mr Lynton-Brown has recently moved into the corporate finance arena and has been involved with capital raisings, corporate transactions and the establishment and listing of a number of companies on the Australian Securities Exchange. Mr Lynton-Brown currently serves as Executive Director of ASX listed Pacific Ore Limited and Non-Executive Director of Fortuna Minerals Limited. Neil Lithgow Non-Executive Director Mr Lithgow has over 20 years experience in mineral exploration, mineral economics and mining feasibility studies, covering base metals, coal, iron ore and gold. Mr Lithgow has previously worked for Aquila Resources Limited and Eagle Mining Corporation NL. Mr Lithgow is a founder an a Non-Executive Director of Bauxite Resources Limited and Red Island Resources Limited, a public unlisted company. Neil is a member of the Australian Institute of Mining and Metallurgy and the Financial Services Institute of Australia. Gan-Ochir Zunduisuren Non-Executive Director Mr Zunduisuren has over 10 years of experience in the resource sector in Mongolia and Canada where he has worked as an underground mining engineer. Mr Zunduisure has a degree in Mining Engineering from Mongolian University of Science and Technology and a Master of Science from NYU Stern School of Business. He is a founder and Director of Altai Gold LLC. Mr Andrew Edwards Non-Executive Directors Mr Mark Read Non-Executive Directors Phil Rundell Company Secretary Mr Rundell is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services. In addition to AKM, services are currently provided to the listed public companies Syngas Limited, TPL Corporation and TVN Corporation Limited.

ANNUAL REPORT

PRESENTATIONS

COMPANY DATA

	Headquarters	Level 2, Suite 20, 22 Railway Road, Subiaco, WA 6008
		PO Box 1918, Subiaco WA 6904
	Telephone	+61-8-9287-4555
	Fax	+61-8-9388-1980
	Principal Sector	Mining
	Principal Industry	Mining & Metals
	Homepage	www.aspiremininglimited.com

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Key Developments: Aspire Mining Limited

	Aspire Mining Limited (ASX:AKM) Annual Report 2012 to Shareholders SEP 28, 2012 08:27 - Article Views: 890 Aspire Mining Limited (ASX:AKM) is pleased to provide the Company Annual Report to shareholders. Aspire Mining is an exploration and development company focused on discovering and developing wold class premium coal deposits in Mongolia, maximising shareholder returns over the long term, and contributing to the social and economic enrichment of local communities.
	Aspire Mining Limited (ASX:AKM) Mining Licence Granted for Ovoot Coking Coal Project AUG 28, 2012 12:51 - Article Views: 1,225 Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that it has received from the Mongolian Resource Authority ("MRAM") Mining License number MV 017098 covering a total area of 5,758 hectares for the Ovoot Coking Coal Project ("Ovoot Project"). This License area covers both the planned open pit and the potential underground mining area to the north east of the open pit.
	Aspire Mining Limited (ASX:AKM) Potential Extension to Ovoot Coking Coal Resources AUG 22, 2012 12:06 - Article Views: 1,226 Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that three exploration holes and two geotechnical holes have intersected coal outside existing Coal Resources at the Ovoot Coking Coal Project ("Ovoot Project").
	Aspire Mining Limited (ASX:AKM) Quarterly Activities Report JULY 31, 2012 08:20 - Article Views: 1,022 Aspire Mining Limited (ASX:AKM) is pleased to present its June 2012 Quarterly Report.
	Aspire Mining Limited (ASX:AKM) Identifies Potential Significant Rail Capital and Operating Cost Savings JULY 30, 2012 09:00 - Article Views: 1,339 Aspire Mining Limited (ASX:AKM) and its Mongolian rail infrastructure subsidiary, Northern Railways LLC, are pleased to announce the results of an independent review of the Rail Pre-Feasibility Study ("Rail PFS") which was completed in February 2012.
	Aspire Mining Limited (ASX:AKM) Appoints Ovoot Project Director JULY 23, 2012 11:54 - Article Views: 1,233 Aspire Mining Limited (ASX:AKM) is pleased to welcome Mr James Benson to its senior management team, having been recently appointed as Ovoot's Project Director. James is an experienced engineer and large scale project manager with widespread experience in the former Soviet Union and Mongolia.
	Aspire Mining Limited (ASX:AKM) Signs MOU with Russian Railways Mongolian Subsidiary JUNE 21, 2012 11:10 - Article Views: 1,345 Aspire Mining Limited (ASX:AKM) is pleased to announce it has signed a non-binding Memorandum of Understanding ("MOU") with the Mongolian subsidiary of rail giant JSC Russian Railways ("RZD" or "Russian Railways") to discuss extending the Trans-Mongolian Railway across northern Mongolia, including to Aspire's Ovoot Coking Coal Project ("Ovoot").
	Aspire Mining Limited (ASX:AKM) Delivers Positive Ovoot Pre-Feasibility Study JUNE 1, 2012 08:24 - Article Views: 1,651 The Ovoot PFS is based on a large open pit mine delivering up to 15 million tonnes per annum ("Mtpa") of raw coal to Coal Handling and Preparation Plants ("CHPP") over a 15 year Life of Mine ("LOM"), producing 153 million tonnes (Mt) of high quality coking coal.
	Aspire Mining Limited (ASX:AKM) Reports 178 Mt JORC Compliant Coal Reserve for Ovoot MAY 28, 2012 13:11 - Article Views: 1,226 Aspire Mining Limited (ASX:AKM) is pleased to announce it has established a maiden 178 million tonne JORC Code compliant open pit Coal Reserve for its Ovoot Coking Coal Project ("Ovoot" or "the Project") in northern Mongolia.
	Aspire Mining Limited (ASX:AKM) Quarterly Activities Report For Period Ended 31 March 2012 APR 30, 2012 13:56 - Article Views: 725 Aspire Mining Limited (ASX:AKM) is pleased to present its Quarterly Activities Report for period ended 31 March 2012.

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