ASPIRE MINING LIMITED — Capital/Financing Update 2009

Dec 1, 2009

==> picture [84 x 110] intentionally omitted <==

WINDY KNOB RESOURCES LIMITED

ACN 122 417 243

Suite 9, 1200 Hay Street WEST PERTH WA 6005 Telephone: 08 6460 4960 Facsimile: 08 9324 3045 www.windyknobresources.com.au

1 December 2009

The Manager Company Announcements Office ASX Ltd 4th Floor, 20 Bridge Street SYDNEY, NSW 2000

OPTION EXPIRY NOTICE

Please find the attached option expiry notice that was posted to option holders today.

Yours faithfully,

==> picture [123 x 45] intentionally omitted <==

James Robinson Director/Company Secretary

For further information please contact:

James Robinson, Company Secretary, Windy Knob Resources Limited, Tel: (08) 6460 4960 Windy Knob Resources Limited website: www.windyknobresources.com.au

==> picture [84 x 110] intentionally omitted <==

WINDY KNOB RESOURCES LIMITED

ACN 122 417 243

Suite 9, 1200 Hay Street WEST PERTH WA 6005 PO Box 281 WEST PERTH WA 6872 Telephone: 08 6460 4960 Facsimile: 08 9324 3045 www.windyknobresources.com.au

1 December 2009

Dear Option Holder

YOUR OPTIONS TO ACQUIRE WINDY KNOB RESOURCES LIMITED SHARES AT 20 CENTS PER SHARE EXPIRE ON 31 DECEMBER 2009

We are writing to you as a registered holder of 31 DECEMBER 2009 options in WINDY KNOB RESOURCES LIMITED to remind you that the options will expire at 5:00pm (WST) on 31 DECEMBER 2009.

Your option holding may be exercised in whole or in part by payment of 20 CENTS for each option by no later than 31 DECEMBER 2009. If payment is not received by 5:00pm (WST) on 31 DECEMBER 2009 the options will lapse and all rights under the options will cease at that time.

Some of the courses of action available to you as a holder of these soon to expire options are:

• a) Exercise the options on or before 31 DECEMBER 2009.

• b) Sell your options. Quotation of the options will cease at the close of trading on 22 DECEMBER 2009. c) Do nothing (ie, allow your options to expire). If you do not exercise or sell your options they will expire on 31 DECEMBER 2009 and your right to subscribe for ordinary shares in WINDY KNOB RESOURCES LIMITED at 20 CENTS per share will lapse.

There is no obligation on option holders to exercise their options. However, under paragraph 6.1 of Appendix 6A of the Australian Stock Exchange ( ASX ) Listing Rules, the Company is required to advise option holders of the information contained in this notice.

The market sale price of ordinary shares in WINDY KNOB RESOURCES LIMITED on ASX was 4.8 cents on 30 November 2009, being the last trading day in Perth prior to the date of this notice.

During the three (3) months preceding the date of this notice:

• the highest market sale price of ordinary shares on ASX was 6 cents on 26 November 2009; and

• the lowest market sale price of ordinary shares on ASX was 2 cents on 2 September 2009.

If you wish to exercise your options then you must complete your “Notice of Exercise of Options” form included with this notice and forward it together with payment of 20 CENTS per option exercised to be received no later than 5:00pm (WST) on 31 DECEMBER 2009 to the Company’s share registry, being:

Security Transfer Registrars Pty Ltd PO Box 535 OR 770 Canning Highway APPLECROSS WA 6953 APPLECROSS WA 6953

Cheques should be made payable to “WINDY KNOB RESOURCES LIMITED” in Australian dollars only and should be crossed “Not negotiable”. If you have any further questions please do not hesitate to contact our Registry on telephone (08) 9315 2333, facsimile (08) 9315 2233, or e-mail registrar@securitytransfer.com.au.

Yours faithfully

==> picture [89 x 38] intentionally omitted <==

James Robinson

COMPANY SECRETARY

THIS DOCUMENT IS IMPORTANT. IF YOU ARE IN DOUBT AS TO HOW TO DEAL WITH IT, PLEASE CONTACT YOUR STOCK BROKER OR LICENSED PROFESSIONAL ADVISOR.

==> picture [37 x 37] intentionally omitted <==

NOTICE OF EXERCISE OF OPTIONS

==> picture [37 x 37] intentionally omitted <==

WINDY KNOB RESOURCES LIMITED

SHARE REGISTRY: Security Transfer Registrars Pty Ltd All Correspondence to: PO BOX 535, APPLECROSS WA 6953 AUSTRALIA 770 Canning Highway, APPLECROSS WA 6153 AUSTRALIA T: +61 8 9315 2333 F: +61 8 9315 2233 E: registrar@securitytransfer.com.au W: www.securitytransfer.com.au

REGISTERED OFFICE:

SUITE 9 1200 HAY STREET WEST PERTH WA 6005 AUSTRALIA

ABN 46 122 417 243

==> picture [261 x 76] intentionally omitted <==

ASX Code: WKR Holder Number: Number of Options: Amount Payable:

NOTICE OF EXERCISE OF OPTIONS EXPIRING 31 DECEMBER 2009 @ $0.20 EACH

I/We the above named being the registered holder of Options hereby exercise such Options to subscribe for:

NUMBER	NUMBER	NUMBER	OF NEW	OF NEW	OF NEW	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	ORDINARY FULLY	PAID SHARES	PAID SHARES	PAID SHARES	PAID SHARES			AMOUNT	AMOUNT	AMOUNT	AMOUNT	ENCLOSED	ENCLOSED	ENCLOSED	ENCLOSED	ENCLOSED	@	$0.20	$0.20	$0.20	PER SHARE	PER SHARE	PER SHARE	PER SHARE	PER SHARE
				,						,								$				,						,						.

I/We hereby authorise you to place my/our name(s) on the register of members in respect of the number of New Shares allotted to me/us, and I/we agree to accept such Shares subject to the Rules of the Constitution of the Company.

My/Our contact details in case of enquiries are:

NAME

TELEPHONE NUMBER

( )

EMAIL ADDRESS

@

PAYMENT INFORMATION

Biller Code: 117226 CHEQUE/MONEY ORDER Ref:

All cheques (expressed in Australian currency) are to be made payable to WINDY KNOB RESOURCES LIMITED and crossed "Not Negotiable". Do not forward cash as receipts will not be issued. Sufficient cleared funds should be held in your account as your acceptance may be rejected if your cheque is dishonoured. Cheques or bank drafts drawn on overseas banks in Australian or any foreign currency will NOT be accepted. Any such cheques will be returned and the acceptance deemed to be invalid.

BPAY® this payment via internet or phone banking.

Applicants should be aware of their financial institution's cut-off time (the time payment must be made to be processed overnight) and ensure payment is processed by their financial institution on or before the day prior to the closing date of the offer. BPAY applications will only be regarded as accepted if payment is received by the registry from your financial institution on or prior to the closing date. It is the Applicant's responsibility to ensure funds are submitted correctly by the closing date and time.

REGISTRY DATE STAMP Individual or Securityholder 1 Securityholder 2 Securityholder 3 E & O.E. Sole Director & Company Secretary Director/Company Secretary Director

==> picture [37 x 37] intentionally omitted <==

==> picture [37 x 37] intentionally omitted <==

5560089867 WKRO 2