AI assistant
ASPIRE MINING LIMITED — Board/Management Information 2013
Apr 1, 2013
64354_rns_2013-04-01_7bfb94e5-6be1-402d-8cbe-e4d89d400b28.pdf
Board/Management Information
Open in viewerOpens in your device viewer
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 ASX RELEASE Fax: (08) 9388 1980
==> picture [102 x 83] intentionally omitted <==
Web: www.aspiremininglimited.com Email: [email protected]
For Immediate Release – 2 April, 2013
Change to Aspire Board of Directors
Aspire Mining Limited (ASX: AKM, “Aspire”, or the “Company) wishes to advise the resignation of Non-Executive Director, Mr Ross Tromans, from its Board on 31 March 2013.
Mr Tromans currently acts as President and Chief Executive Officer of SouthGobi Resources Limited (HK: 1878, “SouthGobi”). Mr Tromans’ resignation follows the recent announcement of a re-commencement of operations at SouthGobi’s Ovoot Tolgoi mine in Mongolia.
Aspire’s Chairman, Mr David McSweeney said “We fully understand Ross’s decision to focus his attention on the performance of SouthGobi Resources.”
“We thank Ross for his involvement and wish him all the best in his efforts to re-establish SouthGobi Resources as a profitable Mongolian coal miner”.
--Ends--
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 and a PFS Revision in December 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. 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 David Paull Aspire Mining Ltd +61 8 9287 4555 Managing Director Investor Relations Naomi Dolmatoff Aspire Mining Ltd +61 8 9287 4555 Email: [email protected]