Member Info for mac4671

For the one and only Norilsk Nickel -

https://www.instagram.com/p/CMhGyp7Dv0_/?utm_source=ig_web_copy_link

Getting themselves in with the big boys now.

GLA

Area sizes and resource numbers can only grow from here as they move back into their old license areas which they explored back in Anglo JV days -

"The 251 square-kilometer license area lies within the Kytlim Platinum District, where historic hand-mining operations are estimated to have recovered more than 50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

"Eurasia's joint venture with Anglo Platinum covers the Monchetundra,Volchetundra and West Imandra licences which together cover a total of 450 sq km on the Kola Peninsula."

https://www.lse.co.uk/rns/EUA/discovery-confirmed-in-kolajv-t8u89ph2ifj7okd.html

"Eurasia is pleased to announce the results of its 2009 drilling and exploration programme, comprising a comprehensive analysis and interpretation of its Monchetundra (36.2km2) and Volchetundra (210km2) platinum group metals (PGM) projects, located on the Kola Peninsula in north-west Russia. "

"To date, 12,192m of drilling have been completed on the Volchetundra Licence."

https://www.lse.co.uk/rns/EUA/exploration-update-kola-lm3av5onl7erthw.html

They know exactly what they're applying for at every step!

GLA

What's all the noise about?

WK the 1Moz+ potential play and Monchetundra the absolute monster 15Moz and growing. Green metal goodies for a green revolution, what's not to like?

GLA

Will be dented for quite some time. Bad leaks appearing on media -

https://twitter.com/MisterG_8/status/1370847536567750656?s=09

GLA

Such a handy by product to have -

https://www.mining.com/nickel-demand-for-evs-to-outpace-lithium-and-cobalt-report/

GLA

Currently designing a big plug to be printed off with the 3D printer -

https://twitter.com/NornickelGroup/status/1371812592524623876?s=20

GLA

Dec 2019 RNS mentioning Volchetundra -

"The Company would also like to highlight further regional potential specifically in the Volchetundra Project, previously operated by the Company under a Joint Venture with Anglo American from 2004 to 2011, and subsequently surrendered to focus on the Monchetundra Project. Volchetundra occurs 5 km from Monchegorsk. This high palladium deposit now becomes of interest given the recent price appreciation in palladium and the future price outlook."

https://www.lse.co.uk/rns/EUA/monchetundra-update-y1zwj1c5tpmei84.html

Green metal goodies are everywhere Eurasia has been previously in that Anglo JV. Time for another earl grey me thinks!

GLA

Drilling and exploration on further areas, namely Volchetundra -

"Eurasia is pleased to announce the results of its 2009 drilling and exploration programme, comprising a comprehensive analysis and interpretation of its Monchetundra (36.2km2) and Volchetundra (210km2) platinum group metals (PGM) projects, located on the Kola Peninsula in north-west Russia. "

"To date, 12,192m of drilling have been completed on the Volchetundra Licence."

https://www.lse.co.uk/rns/EUA/exploration-update-kola-lm3av5onl7erthw.html

It would be pretty awesome if Eurasia already knew what was at the ground that they're applying for wouldn't it ; )

GLA

Who wants to know the old license area at Monchetundra that was held back in AngloJV, raise your hands, 1,2,3,4,5,6,7,8,9, ok it's unanimous -

"Eurasia's joint venture with Anglo Platinum covers the Monchetundra,Volchetundra and West Imandra licences which together cover a total of 450 sq km on the Kola Peninsula."

https://www.lse.co.uk/rns/EUA/discovery-confirmed-in-kolajv-t8u89ph2ifj7okd.html

Expansion is the order of the day at both assets, expansion back into areas they have already explored to a certain extent via Anglo JV days. All those goodies just sitting there waiting for Eurasia to return, where next, Volchetundra?

GLA

I've been over to check on MT, and i'm glad to report that it's all still there, millions upon millions of nice juicy ounces of green metal goodness -

Perfect time to acquire 15Moz of Palladium equivalent, with the scope to increase to 40Moz being relatively straight forward and a lot of it is covered by Russian exclusivity laws -

"Scalable project - potential to create a new PGM district : 40Moz target resource in district : Well understood geology and access to historic drilling data underpins 40Moz resource estimate"

https://www.eurasiamining.co.uk/investors/presentations

The UK and EU are starting to go to war with petrols and diesels, the transition to fuel cell and battery EV's is all set to accelerate.
A large hydrogen economy requires a large amount of PGM's, and from research from many board posters here, including myself, palladium seems destined to play a crucial part in next gen batteries.

A new dawn is rising and a new demand scenario is forming.

P.S We're throwing in Nickel, Cobalt, Copper and REE's as well. Oh, and, has anyone mentioned RHODIUM.

40Moz is just the taster of what can be expanded into from Eurasia's first mover position -

"The Monchegorsk Complex
comprises two spatially separate intrusions, covering an area of ~ 550 km2
: the predominantly ultramafic Monchepluton (~ 65 km2
) and the mafic Main Ridge (~ 485
km2
), which are separated by the Monchetundra Fault trending northwest (Fig. 2 inset).
The Monchepluton is crescent-shaped and consists of six distinct mountains arranged in two branches. The north-northeast-trending branch, reaching approximately
7 km across, is ultramafic in composition and referred to as "NKT Massif", comprising Mts. Nittis, Kumuzhya and Travyanaya (Fig. 2). "

https://orca.cf.ac.uk/112128/1/Critical%20Controls%20on%20the%20Formation%20of%20Contact-Style%20PGE-.pdf

"Finally, the Company welcomes the incorporation of the Monchegorsk Development Agency, as announced by Norilsk Nickel on 16 September 2020, established by Monchegorsk's municipal administration and Norilsk Nickel to focus on Business and Investment in the Monchegorsk area, where the Monchetundra project is located."

Interest in the FSP will be extremely high, make no mistake about that!

GLA

In fact here's the clip -

https://twitter.com/MisterG_8/status/1371571587451850753?s=20

It's a not a couple of days job to stop that flow!

GLA

I feel sorry for them but they'll survive, they're a big company with plenty of money. I watched a vid clip on twitter earlier of a leak and it was flowing in like a river, they'll have big problems stemming a flow of that rate tbh.

Good for the demand situation for Eurasia though, and it also puts huge pressure on them to have resources that won't suffer from such issues in the near term.

GLA

Go on, do the 43% factor and convert to ounces, i dare you lol

There is more potential for WK than meets the eye, they already know what's in the wider area as they had it and explored it back in Anglo JV days. Time for an earl grey to celebrate!

GLA

GLA

No idea what all the shouting is about, there are resources everywhere -

"The 251 square-kilometer license area lies within the Kytlim Platinum District, where historic hand-mining operations are estimated to have recovered more than 50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

Held 116km2, 50.7km2 being applied for, total 166.7km2, happy?
Resource KG's, 4,477 + 21,600 = 26,077kg, happy?

26,077 divided by 166.7 = 156.43, happy?

156.43 X 251 = 39,264kg total potential if we expand back into the old license area. That is without taking any 43% extra into consideration and simply using the average resource kg per km2.

Numbers are fun.

GLA

Which will give numbers to make any shorter have a little stomp of the feet!

"The 251 square-kilometer license area lies within the Kytlim Platinum District, where historic hand-mining operations are estimated to have recovered more than 50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

Held 116km2, 50.7km2 being applied for, total 166.7km2, happy?
Resource KG's, 4,477 + 21,600 = 26,077kg, happy?

26,077 divided by 166.7 = 156.43, happy?

156.43 X 251 = 39,264kg total potential if we expand back into the old license area. That is without taking any 43% extra into consideration and simply using the average resource kg per km2.

Numbers are fun.

GLA

Than the smell of burning shorters first thing in a morning, just saying.

GLA

You can stomp your feet, make lots of noise, but you'll never change what's over there lol

"The 251 square-kilometer license area lies within the Kytlim Platinum District, where historic hand-mining operations are estimated to have recovered more than 50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

Held 116km2, 50.7km2 being applied for, total 166.7km2, happy?
Resource KG's, 4,477 + 21,600 = 26,077kg, happy?

26,077 divided by 166.7 = 156.43, happy?

156.43 X 251 = 39,264kg total potential if we expand back into the old license area. That is without taking any 43% extra into consideration and simply using the average resource kg per km2.

Numbers are fun.

GLA

*4,477

Let's play with what we know so far shall we. Held 116km2, 50.7km2 being applied for, total 166.7km2, happy?
Resource KG's, 4.477 + 21,600 = 26,077kg, happy?

26,077 divided by 166.7 = 156.43, happy?

156.43 X 251 = 39,264kg total potential if we expand back into the old license area. That is without taking any 43% extra into consideration and simply using the average resource kg per km2.

Numbers are fun.

GLA

Here hot shots, i'll put you out of your misery lol -

"The 251 square-kilometer license area lies within the Kytlim Platinum District, where historic hand-mining operations are estimated to have recovered more than 50 tonnes of platinum."

https://polaris.brighterir.com/public/eurasia_mining_plc/news/rns/story/xe29pzx

Now can we please just call it what i say it is, many thanks and much love, big mac X

GLA