CNW – Canada Newswire: Global Met Coal and Aspire Mining Limited Sign MOU for Coking Coal Projects in Ovoot Basin, Mongolia

Global Met Coal Corporation announces that it has signed a binding Memorandum of Understanding, with Aspire Mining Limited, an Australian Securities Exchange listed company, to work together to mutual benefit in the pre-development, development and operation of the Mogoin Gol and Ovoot Coking Coal projects, located in the Ovoot Basin, northwest Mongolia. Under the terms of the MOU, Global Met Coal has agreed to provide Aspire Mining with access to existing open pit mining operations at the Mogoin Gol Coking Coal project for the collection of information and bulk samples to be used by Aspire Mining in its prefeasibility-stage Ovoot Coking Coal Project which surrounds and adjoins the Mogoin Gol property. Aspire Mining will have access to all historical coal quality data produced as a result of coal sales from the Mogoin Gol Coking Coal Mine and bulk samples of suitable coal quality for test work purposes, including washability and coke oven test work, and for market development purposes. To read the full article, click hereGlobal Met Coal and Aspire Mining Limited Sign MOU for Coking Coal Projects in Ovoot Basin, Mongolia

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