Australia-based,
Mongolia-focused
coking coal explorer Aspire
Mining Limited has announced that it has increased its JORC compliant open pit coal reserve by 41 million mt to 219 million mt in its wholly-owned Ovoot
Coking Coal Project (Ovoot) located in northern
Mongolia. The Ovoot project is confirmed as the second largest
coking coal reserve in
Mongolia.
The company also stated that the life of mine has been extended by five years to 20 years.