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Market Cap: £79.69m
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Communications Update

24 May 2018 14:15

RNS Number : 2264P
Eurasia Mining PLC
24 May 2018
 

 

Eurasia Mining plc (AIM: EUA)

("Eurasia" or the "Company")

 

Communications Update

 

Eurasia Mining plc (AIM: EUA) ("Eurasia Mining" or the "Company") the PGMs (Platinum Group Metals) and Gold mining company is pleased to provide an update with regard to corporate communications activities.

 

West Kytlim Mine Information Video

The company has now prepared an Information video (blog) for shareholders covering current production activities at West Kytlim; our operational mine with the second largest alluvial platinum reserve in the world. The video was filmed over the course of a day on 16th May 2018 and details the entire mining process from extraction at open pit, washing of gravels, collection of platinum bearing sands and gravels from a sluice, and upgrade at the on-site laboratory to raw platinum product.

The video can be viewed on the company's website through the following link

https://www.eurasiamining.co.uk/operations/west-kytlim

And on the company's Vimeo channel at;

Vimeo.com/user71951711

 

Twitter

Investors are invited to view the Company's Twitter feed @eurasiamining where links to the Company announcements will be provided.

 

Enquiries:

 

Eurasia Mining PLC

Christian Schaffalitzky / Keith Byrne

 

Tel: +44 (0)207 932 0418

WH Ireland Limited (Nominated Adviser & Broker)

Katy Mitchell / James Sinclair-Ford

 

Tel: +44 (0)161 832 2174

 

First Equity Limited (Joint Broker)

Tel: +44 (0)20 7374 2212

Jason Robertson

 

 

 

About Eurasia Mining PLC (LSE: EUA)

 

Eurasia Mining is a long-established platinum and gold focused production and exploration company quoted on the London Stock Exchange AIM market, with an operating mine in the Ural Mountains and a USD$2 billion dollar valued in-situ multi-commodity deposit at Monchetundra. In addition, Eurasia maintain an interest in the Semonovsky Gold in Mine Tailings Project, an asset demonstrating potentially low-cost new-term gold production potential.

Eurasia's two core projects are:

The West Kytlim operating mine (of which the Company owns 68%), which is the second largest alluvial platinum reserve in the world currently, with 2,283 kilograms of raw platinum in reserves, with resources and resource potential to a further 10 tonnes of raw platinum;

The Monchetundra Project (of which the Company owns 80%), has state approved reserves and resources of 2 million ounces of palladium equivalent (predominantly palladium, and includes 28,124 tonnes of copper and 30,410 tonnes of nickel), resulting in a total in-situ metal value of approximately USD$2 billion, before metal recoveries and all costs. Eurasia has in place (signed October 2016) an EPCF (Engineering Procurement Construction and Financing) contract with Sinosteel, a state owned Chinese corporation focused on mining.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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NRAEADSLAFFPEFF
Date   Source Headline
11th Dec 20187:00 amRNSMonchetundra Mine Permit Registration
7th Dec 20187:00 amRNSMonchetundra Mine Permit License Fee
5th Dec 20187:00 amRNSUpdate - Monchetundra Mine Permit
3rd Dec 201811:54 amRNSTurner Pope Investor Evening
20th Nov 20184:12 pmRNSFinal Approval Received for Monchetundra Mine
2nd Nov 20185:03 pmRNSIssue of Equity
2nd Nov 201810:09 amRNSIssue of Equity & Options and Directors Holdings
25th Oct 20187:00 amRNSKluchiki Reserve Drilling & Mine Season Update
28th Sep 20187:00 amRNSInterim Report for six months ended 30 June 2018
24th Sep 20187:00 amRNSWest Kytlim Mining Update
19th Sep 201811:38 amRNSLoan Facility, Issue of Equity & Broker Appointed
30th Aug 201812:41 pmRNSHolding(s) in Company
15th Aug 20184:38 pmRNSHolding(s) in Company
14th Aug 201810:45 amRNSExercise of Lender Warrants and TVR
1st Aug 20189:20 amRNSEarly Settlement of Loan Through Equity Conversion
24th Jul 20182:26 pmRNSResult of AGM and AGM Statement
18th Jul 20187:00 amRNSIssue of Equity and Directors Holdings
11th Jul 20187:00 amRNSApproval of Monchetundra Mine Permit Application
3rd Jul 20187:00 amRNSApproval of Monchetundra Mine Permit by MOED
2nd Jul 20184:40 pmRNSSecond Price Monitoring Extn
2nd Jul 20184:35 pmRNSPrice Monitoring Extension
29th Jun 20189:19 amRNSAnnual Report and Accounts
13th Jun 20187:00 amRNSApproval of Monchetundra Mining Permit
24th May 20182:15 pmRNSCommunications Update
23rd May 201811:31 amRNSPlatinum Production Update
10th May 20187:05 amRNSStrategic Financing & Broker Appointment
10th May 20187:00 amRNSMining Update From West Kytlim
26th Mar 20184:53 pmRNSCompany Presentation
9th Mar 20187:00 amRNSNew Contractor Appointed at West Kytlim
2nd Mar 20181:32 pmRNSStatement re Broker
28th Feb 20183:59 pmRNSConversion Notice - Issue of Equity
2nd Feb 20187:00 amRNSMonchetundra Mine Permit Update
24th Jan 20187:00 amRNSCompletion of Transaction
14th Dec 20173:16 pmRNSReplacement - Amendment to Loan Agreement
14th Dec 201712:18 pmRNSAmendment to Loan Agreement
11th Dec 20173:47 pmRNSIssue of Equity and Directors' Holdings
5th Dec 20171:46 pmRNSMonchetundra Application & West Kytlim Update
20th Nov 20173:09 pmRNSIssue of Equity
26th Sep 20177:00 amRNSInterim Results for Six Months Ended 30 June 2017
11th Sep 20173:13 pmRNSIssue of Equity
8th Sep 201712:12 pmRNSMemorandum of Understanding Signed with GoldMint
4th Sep 20177:00 amRNSProject Update
18th Aug 20172:40 pmRNSIssue of Equity
29th Jun 20174:55 pmRNSResult of AGM
15th Jun 201712:02 pmRNSDiscovery Certificate Application Submitted
15th Jun 20177:00 amRNSSemenovsky Tailings Project
31st May 20177:00 amRNSRussian Subsoil Agency Approves Maiden Reserves
19th May 20171:54 pmRNSLoan Facility and Issue of Equity
16th May 20173:03 pmRNSUnaudited Preliminary Results
16th May 20172:37 pmRNSRetirement of Chairman

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