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Aspire Mining finds hard coking coal at Nuurstei Coking Coal Project

Steel News - Published on Mon, 12 Jan 2015

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Proactive Investors reported that Aspire Mining and Noble Group have completed testwork indicating that hard coking coal is present at their Nuurstei Coking Coal Project in Mongolia.

This categorises Nuurstei as bituminous mid volatile coal.

The testwork was carried out on a core sample from a hole drilled during the October 201 exploration program.

Results confirm a high quality coking coal present at Nuurstei, with a high caking “G” index and low volatile matter.

Mr David Paull, MD of Aspire Mining, said that “We are very pleased with the results received from this single core hole which indicates a premium hard coking coal is present in this project. Additional work will be required to confirm these results are indicative of the entire project.”

He said that “The Nuurstei Coking Coal Project complements our larger Ovoot Coking Coal Project and presents as a potential road based mining operation which could be in production prior to the completion of the Erdenet to Ovoot section of the Northern Railway.”

The Ekhgoviin Chuluu JV, which is owned equally by Aspire and Noble, currently has a 60% interest in the Nuurstei project with a right to move to 90% on the achievement of milestones.

Existing data is currently being reviewed and preparations are underway for a further exploration program this year.

Subject to the results of the 2015 program, the ECJV intends to commence a scoping study for this project based initially on road based transport to the nearest rail head at Erdenet.

The sample from core hole NUDH012 was tested at the ALS Laboratory in Ulaanbaatar.

Results include 0.4% moisture, 9.9% ash, 23.8% volatile matter, 65.9% fixed carbon, 0.84% total sulphur, 0.055% phosphorus, a Free Swelling Index of 8.5, Caking Index of 94.

Source - Proactive Investors

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Posted By : admin on Mon, 12 Jan 2015
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