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Eurasia Mining extends Monchetundra licence in Russia

Fri, 04th Jan 2013 11:30

Eurasia Mining said Friday its Monchetundra exploration licence for palladium mineralisation in the Kola Peninsula in Russia has been extended for another year.The company also hopes to apply for another production licence when it expires in December.Eurasia has identified platinum group metals and base metal mineralisation in the licence area of Loipishnyun and West Nittis.In Loipishnyun, the company discovered consistent grades of one to 1.3 grams per tonne of platinum and palladium over intercepts of 10 to 30 metres, at a depth of 150 metres. West Nittis, about nine kilometres north of Loipishnyun, has revealed gold, palladium and platinum with a stratiform zone grading two to 15 grams per tonne. Managing Director Christian Schaffalitzky said: "Now that the exploration licence has been extended for a further year, we aim to complete an application for one if not two areas for mining within the Monchetundra licence area."Eurasia holds a 60% interest in the licence through its holding in Urals Alluvial Platinum, owned jointly with Anglo Platinum.RD
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21 Nov 2016 10:39

Eurasia Eyes Royalty Structure Deal To De-Risk Monchetundra Project

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3 Nov 2016 10:42

Eurasia Hopes Replicating West Kytlim Deal Can Advance Monchetundra

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3 Nov 2016 09:24

Eurasia Mining capitalises on Sino-Russian relations

(ShareCast News) - Russia's Eurasia Mining, has provided updates on its three projects, all with the common aim of gaining from Chinese custom. "Chinese firms are increasingly active in the Russian market in rare earths, PGM, base metals and precious metals. It was our intention to capitalise on thi

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26 Oct 2016 10:03

Eurasia Mining Issues Shares For Loan Draw Down, Broker Services (ALLISS)

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15 Sep 2016 14:08

Rouble volatility a boon for Eurasia Mining

(ShareCast News) - Eurasia Mining posted its interim results for the six months to 30 June on Thursday, with zero revenue, against revenue of £3,640 in the six months to 30 June last year. The AIM-traded company had administrative costs during the period of £0.25m, down from £0.33m a year ago, and f

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9 Sep 2016 09:38

Eurasia Mining produces its first platinum concentrate

(ShareCast News) - Eurasia Mining, Russian based platinum group metal (PGM) and gold production and development company, has announced that it has produced its first platinum concentrate on Friday. The batch of raw platinum concentrate was produced at West Kytlim, Urals in Russia and is currently re

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31 Aug 2016 15:00

Eurasia Mining reports maiden reserve tailings calculations for Russian project

(ShareCast News) - Russia focused gold explorer Eurasia Mining reported a maiden reserve calculation at its Semonvsky tailing project, which is in partnerhsip with Metal Tiger. The AIM-listed company reported a calculation for the mine under the Russian system of reserves assessment standards. The

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4 Jul 2016 08:00

Eurasia Mining Receives Assay Results For Semenovsky Tailings Project

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23 Jun 2016 15:08

UK Shareholder Meetings Calendar - Next 7 Days

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21 Jun 2016 07:51

Eurasia Mining Says West Kytlim Start-Up Operations Commence

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7 Jun 2016 09:44

Eurasia Mining Readies For Production, After Loss Widens In 2015

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31 May 2016 10:05

Eurasia Mining Issues Shares For Services, Repays Loan (ALLISS)

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25 May 2016 09:37

Eurasia Mining Signs Deal For Contract Mining At West Kytlim

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12 May 2016 08:14

Eurasia Mining Raises GBP500,000 To Repay Loan, Further Projects (ALLISS)

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4 May 2016 09:00

Eurasia Mining And Metal Tiger Given More Time To Analyse Semenovsky

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