Aspire Mining Limited (ASX:AKM) Appoints Ovoot Project Director

Aspire Mining Limited (ASX:AKM) is pleased to welcome Mr James Benson to its senior management team, having been recently appointed as Ovoot's Project Director. James is an experienced engineer and large scale project manager with widespread experience in the former Soviet Union and Mongolia.

Based in Ulaanbaatar (Mongolia), James will be responsible for overseeing the Ovoot Coking Coal Project ("Ovoot") through construction of the mine infrastructure as well as management of the Erdenet to Moron Rail line, the multi-user Rail Project being advanced by Aspire's subsidiary, Northern Railways LLC.

James brings to the Company a wealth of over 30 years experience in engineering, procurement, and construction management, with specific expertise in providing leadership and constructive solutions for large scale bulk commodity projects in remote regions. Having worked for over 10 years in Mongolia, Kazakhstan, Ukraine and Russia, James has overseen multiple billion dollar construction projects whilst employed with companies including Parsons Brinkerhoff, FERREXPO, and Bogatyr Access Komir.

Construction projects include the development of an iron ore mine in the Ukraine and a coal mine and associated Russian rail infrastructure in Kazakhstan.

In line with the Ovoot Pre-Feasibility Study completed in May 2012, Aspire is planning to commence Stage 1 production at the Ovoot Project in early 2016 producing up to 6 Mtpa of high quality coking coal, ramping up to Stage 2 in 2018 of 12 Mtpa.

Aspire's Managing Director, Mr David Paull commented that "The quality of the Ovoot Coking Coal Project has again been able to attract a high caliber executive to the Aspire management team".

"Jim's experience base provides an ideal fit for the significant challenges ahead in bringing the Ovoot Project into production".

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