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coal-investing

Global Met Signs MOU with Aspire Mining to Advance Mongolia Coal Projects

Investing News Network
Feb. 24, 2012 01:08PM PST
Industrial Metals Investing

Global Met Coal Corporation (TSXV:GMZ,FWB:B1H) announced a signing of an MOU regarding coking coal projects in Mongolia.

Global Met Coal Corporation (TSXV:GMZ,FWB:B1H) announced a signing of an MOU regarding coking coal projects in Mongolia.

As quoted in the market news:

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.

Click here for the Global Met Coal Corporation (TSXV:GMZ) press release.

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