ASPIRE MINING LIMITED — Board/Management Information 2012

Nov 29, 2012

Aspire Mining Limited ABN: 46 122 417 243

Level 2, Suite 20, 22 Railway Road Subiaco WA 6008 PO Box 1918 Subiaco WA 6904 Tel: (08) 9287 4555 Fax: (08) 9388 1980

ASX RELEASE

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Web: www.aspiremininglimited.com Email: info@aspiremininglimited.com

For Immediate Release – 30 November 2012

Appointment of Non-Executive Director

Aspire Mining Limited (ASX: AKM, “Aspire”) is pleased to announce the appointment of Ross Tromans as a non-executive director of Aspire.

Ross has approximately 30 years sales and marketing experience in the coal and energy sector covering the Asian and North American markets.

Ross is an employee of Rio Tinto Services Limited, a subsidiary of Rio Tinto Plc, the ultimate controlling shareholder of SouthGobi Resources Limited. SouthGobi Resources Limited holds 19.9% of the Aspire issued capital.

On 17 September 2012, Ross was appointed President and Chief Executive Officer of SouthGobi Resources Limited. Effective 18 November 2012, he was also appointed to the Board of SouthGobi Resources Limited as Executive Director.

Previously, Ross was General Manager Marketing at Rio Tinto Coal Australia where he was responsible for the development and implementation of the overall marketing strategy for thermal, coking and semi-soft coal. Ross has also held senior roles at Rio Tinto including General Manager Marketing and Sales at Rio Tinto Alcan, Director New Markets and Service at Kennecott Energy and General Manager Marketing at Kaltim Prima Coal.

Aspire Chairman, David McSweeney, said “With his considerable experience and standing in the coal industry, we welcome Ross to the Board of Aspire to complement and add to the existing credentials and skills of the Board.”

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About Aspire Mining Limited

Aspire is listed on the ASX (Code: AKM) and 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 up to 12 Mtpa of saleable coking coal at full capacity over a 20 year Life of Mine. Aspire is targeting first production at the Ovoot Project in 2016 subject to funding, approvals and licenses. The Ovoot Project ranks as the second largest coking coal Reserve in Mongolia, with JORC Code compliant Probable Coal Reserves of 219 Mt. Aspire received a Mining License in August 2012, and is considering a smaller scale starter pit road based operation whilst continuing to progress access to rail infrastructure and other regulatory approvals to support a larger operation.

For more information contact:

Corporate & Media

David Paull Managing Director

Investor Relations Naomi Dolmatoff

Aspire Mining Ltd +61 8 9287 4555 Aspire Mining Ltd +61 8 9287 4555