Aspire Mining Limited · ASX:AKM
Aspire Mining — Investor Presentation (November 2010)
26 slides from Aspire Mining's investor presentation, Nov 17, 2010
Slide 1: Investor Presentation: Strategic Partnership with SouthGobi Resources
For personal use only Aspire Mining Limited Investor Presentation Strategic Partnership with SouthGobi Resources November 2010
Slide 2: Forward Looking Statements & Disclaimer
Forward Looking Statements & Disclaimer For personal use only Forward Looking Statements Certain statements in the presentation are or may be “forward-looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning among other things, future exploration ac
Slide 3: Introduction
Introduction For personal use only Ovoot Coking Coal Project (100%) – A growing strategic asset • Maiden JORC Compliant Coal Resource of 330.7 mt with high ranking coal parameters • Initial commercialisation studies underway / Substantial further Resource upside remains • Exciting new coking coal pr
Slide 4: 1. Company Snapshot
For personal use only 1. Company Snapshot
Slide 5: Company Snapshot: Corporate Overview
Company Snapshot Corporate Overview For personal use only Capital Structure (ASX:AKM) Share Price (LTM) SouthGobi 25 Oct 10 Current Placement Placement & Undiluted Diluted Diluted Strategic Alliance with SouthGobi Share Price (15 Nov 10) $0.305 $0.305 $0.305 Shares 425.6m 681.0m 786.0m Options 255.4
Slide 6: Experienced Board
Company Snapshot Experienced Board For personal use only Board Members David McSweeney LLB, MAICD - Chairman Over 20 years experience in the resources sector A founder of Gindalbie Metals Ltd and was the Managing Director from 1998 until December 2006 Also Executive Chairman of Avalon Minerals Ltd,
Slide 7: Project Locations
Company Snapshot Project Locations For personal use only Project Locations Project Interests Ovoot Coking Coal Project (100%) Nuramt Coal Project (100%) Shanagan Joint Venture (51% Earn in) Ovoot JORC Resource 7
Slide 8: Focused on Mongolian Coal
Company Snapshot Focused on Mongolian Coal For personal use only Why Mongolia? China Coking Coal Imports Mongolia has an estimated 5.8 bt of potentially mineable coal resources 56% is coking coal resources Shares a long common border with China In 2009 China produced more steel than North America, E
Slide 9: 2. SouthGobi Transaction
For personal use only 2. SouthGobi Transaction
Slide 10: Placement & Strategic Partnership
SouthGobi Transaction Placement & Strategic Partnership For personal use only 1. 19.9% placement to SouthGobi to raise $20.1 million Funding to fast-track exploration & development of Aspire's 2. Ovoot Coking Coal Project to Feasibility Study Listing TSX, HKEx Strategic partnership to provide techni
Slide 11: Transaction Details
SouthGobi Transaction Transaction Details For personal use only Technical & other assistance to further the development of Ovoot Strategic Assistance & advice in relation to governmental and regulatory issues Partnership Other project assistance as reasonably requested from time to time Aspire also
Slide 12: Strategic Value Preserved
SouthGobi Transaction Strategic Value Preserved For personal use only Retains 100% ownership & 100% of marketing and off-take rights for Ovoot • Only 10% of the existing Ovoot project area has been explored ASX Coal Companies & Off-take Mkt Cap Off-take Mkt Cap Off-take Mkt Cap Off-take $9.9b $1.5b
Slide 13: 3. Asset Overview
For personal use only Insert pic 3. Asset Overview
Slide 14: Ovoot Coking Coal Project
Asset Overview Ovoot Coking Coal Project For personal use only Project Summary Project Location Maiden 330.7 mt JORC Coal Resource Large +500 km2 tenement JORC Resource position 100% owned by Aspire Adjacent to existing small scale, open cut coal mine supplying local villages Current exploration dri
Slide 15: Ovoot Maiden JORC Coal Resource
Asset Overview Ovoot Maiden JORC Coal Resource For personal use only Category Non Oxide (mt) Oxide (mt) Total (mt) Measured 93.3 - 93.3 Indicated 182.4 - 182.4 Inferred 30.4 24.6 55.0 Total 306.1 24.6 330.7 More than 80% of the Resource in the Measured and Indicated category 75% of the Resource is a
Slide 16: Recent Results Highlight Future Resource Growth
Asset Overview Recent Results Highlight Future Resource Growth For personal use only 16
Slide 17: Ovoot Raw Coal Quality Data Update
Asset Overview Ovoot Raw Coal Quality Data Update For personal use only IM % Ash % Volatiles % Sulphur % CSN Energy Kcal\kg Combined seams 0.6% 17.8% 28% 1.1% 7.8 6,761 below oxidation level All results on air dried weighted average basis for raw coal samples Data based on 9 holes and 124 samples Fu
Slide 18: Ovoot Raw Coal Quality Results
Asset Overview Ovoot Raw Coal Quality Results For personal use only 18
Slide 19: Key Milestone Achieved / Future Exploration Programme at Ovoot
Asset Overview Key Milestone Achieved / Future Exploration Programme at Ovoot For personal use only Commentary Delivering on Key Milestones Targeting substantial further 25 Oct 10 Placement & Resource increases at Ovoot 3 Jun 10 Strategic Alliance Initial Drill Results with SouthGobi 2-D Seismic Pro
Slide 20: Nuramt Coal Project (100%)
Asset Overview Nuramt Coal Project (100%) For personal use only Project Map 250km2 exploration project covering interpreted basin 35km of strike along coal bearing sediments Strategic Location: would access Ovoot to Erdenet rail link • 40km south of provincial capital, Moron • 120km east of Ovoot Pr
Slide 21: Feasible Rail Path Identified
Asset Overview Feasible Rail Path Identified For personal use only Commentary Potential Rail Route Calibre Rail has reviewed a number of rail options to connect Ovoot to coal export markets Multiple potential users of rail between Moron and Erdenet Rail path analysis identified a preferred and feasi
Slide 22: Northern Mongolian Rail Alliance
Asset Overview Northern Mongolian Rail Alliance For personal use only Northern Mongolian Rail Alliance (“NMRA”) established to drive support for funding rail link between Moron and Erdenet Apart from Ovoot Coking Coal Project there are many other Projects near Moron which would benefit from a rail l
Slide 23: 4. Summary
For personal use only 4. Insert pic Summary
Slide 24: Summary
Summary For personal use only Maiden JORC Coal Resource of 330.7mt Ovoot Coking Coal Project New Coking Coal Province emerging in Northern Mongolia - Only (100%) 10% of the existing project area has been explored 2011 exploration programme to substantially grow Resource Coal quality test work underw
Slide 25: Competent Person Statement
Competent Person Statement For personal use only In accordance with the Australian Stock Exchange requirements, the technical information contained in this announcement in relation to the Ovoot Coking Coal Project in Mongolia has been reviewed by Mr Neil Lithgow – Non Executive Director of Aspire Mi
Slide 26: Corporate Objective and Contact Details
Corporate Objective For personal use only “To Become the Pre-eminent Independent Coking Coal Miner in Mongolia” Contact Details : David Paull : Tel : +61 8 9381 1995 Managing Director Mob : +61 (0) 407 22 5291 Email: david@aspiremininglimited.com 26
Aspire Mining — Investor Presentation (November 2010) on 6ix