Aspire Mining Limited (ASX:AKM) Ovoot Coking Coal Project Quality Data Update

Perth, Mar 18, 2011 AEST (ABN Newswire) - Aspire Mining Limited (ASX:AKM) (PINK:ASPXF) is pleased to advise that it has received additional coal quality data relating to the Company's Ovoot Coking Coal Project's 2010 resource drilling programme. The Company has now received two batches comprising 124 samples or 36% of the total samples to be received.

The combined results for the two batches continue to demonstrate a very high theoretical yield of 87% to produce a simulated product with a 7.7% ash content and a CSN of 8.7.

Note that there is no thermal coal fraction.

Coal washability test work involves float/sink tests and froth flotation using a specific gravity cut off of 1.6. With such low ash results it is likely that not all of the raw coal will need to be washed to produce a high quality blended product.

Raw Coal Analysis

An additional batch of Raw Coal sample analysis has also been received. The Company now has received 75% of all samples from the 2010 drilling programme. The results continue to demonstrate a high quality raw coal.

Table 1: Raw coal quality results

--------------------------------------------------------------------Coal type     IM ad%  Ash ad%  Volatiles  Sulphur   CSN   Energy                                  ad%       ad%           kcal/kg ad--------------------------------------------------------------------Raw Coking      0.7    20.2      26.7       1.1     7.5      6,541Coal Quality(In Situ)--------------------------------------------------------------------

All results have been provided by SGS Laboratories in Tianjin, China.

Commencement of the 2011 Drilling Programme

The Company has mobilised and commenced its 2011 exploration programme at the Ovoot Coking Coal Project. The initial drill rig is currently infill drilling an appropriate site to establish a "Direct Ship Ore" operating open pit. A second drilling rig will be mobilized by the end of March to target the resource extension drilling targets presented by the recently completed 2-D seismic programmes.

Contact

David Paull Managing Director Aspire Mining Limited Tel: +61-8-9381-1995 Email: info@aspiremininglimited.com http://www.aspiremininglimited.com