Aspire Mining Limited

Aspire Mining Limited (ASX:AKM) is pleased to provide the Company Annual Report to shareholders. Aspire Mining is an exploration and development company focused on discovering and developing wold class premium coal deposits in Mongolia, maximising shareholder returns over the long term, and contributing to the social and economic enrichment of local communities.

Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that it has received from the Mongolian Resource Authority ("MRAM") Mining License number MV 017098 covering a total area of 5,758 hectares for the Ovoot Coking Coal Project ("Ovoot Project"). This License area covers both the planned open pit and the potential underground mining area to the north east of the open pit.

Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that three exploration holes and two geotechnical holes have intersected coal outside existing Coal Resources at the Ovoot Coking Coal Project ("Ovoot Project").

Aspire Mining Limited (ASX:AKM) is pleased to present its June 2012 Quarterly Report.

Aspire Mining Limited (ASX:AKM) and its Mongolian rail infrastructure subsidiary, Northern Railways LLC, are pleased to announce the results of an independent review of the Rail Pre-Feasibility Study ("Rail PFS") which was completed in February 2012.

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.

Aspire Mining Limited (ASX:AKM) is pleased to announce it has signed a non-binding Memorandum of Understanding ("MOU") with the Mongolian subsidiary of rail giant JSC Russian Railways ("RZD" or "Russian Railways") to discuss extending the Trans-Mongolian Railway across northern Mongolia, including to Aspire's Ovoot Coking Coal Project ("Ovoot").

The Ovoot PFS is based on a large open pit mine delivering up to 15 million tonnes per annum ("Mtpa") of raw coal to Coal Handling and Preparation Plants ("CHPP") over a 15 year Life of Mine ("LOM"), producing 153 million tonnes (Mt) of high quality coking coal.

Aspire Mining Limited (ASX:AKM) is pleased to announce it has established a maiden 178 million tonne JORC Code compliant open pit Coal Reserve for its Ovoot Coking Coal Project ("Ovoot" or "the Project") in northern Mongolia.

Aspire Mining Limited (ASX:AKM) is pleased to present its Quarterly Activities Report for period ended 31 March 2012.