Aspire Mining Updates Coal Reserve, Resource Estimates for Mongolian Project

MT Newswires Live

2024/11/15

Aspire Mining (ASX:AKM) updated the coal reserve and resource estimates for its Ovoot coking coal project in Mongolia, according to a Thursday filing with the Australian bourse.

The project's coal reserve is estimated to be 130.1 million tonnes, while its resource is roughly 219.4 million tonnes, the miner said in the filing.

The company's shares fell past 6% at market close Friday.

Price (AUD): $0.30, Change: $-0.02, Percent Change: -6.35%

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