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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
9th May 20177:00 amRNSCompany Update
26th Apr 20174:21 pmRNSSanderson Partners facility drawdown
3rd Apr 20174:27 pmRNSMonchetundra Project - Feasibility Study Approval
29th Mar 20172:36 pmRNSSanderson Partners facility drawdown
24th Mar 20177:00 amRNSCompany Update
21st Feb 20174:38 pmRNSSanderson Partners facility drawdown
6th Feb 201712:22 pmRNSWest Kytlim Update
6th Feb 201712:17 pmRNSSuccessful step up to Production at West Kytlim
3rd Feb 20177:00 amRNSIssue of Equity
17th Jan 20173:03 pmRNSProjects Update January 2017
30th Dec 201611:28 amRNSIssue of Equity and Director Holdings
22nd Dec 201611:43 amRNSProject Update
21st Dec 20167:00 amRNSLoan Agreement and Issue of Equity
21st Nov 201610:08 amRNSPotential Agreement
18th Nov 20161:52 pmRNSIssue of Equity
3rd Nov 20167:00 amRNSProjects update
26th Oct 20167:00 amRNSIssue of Equity
10th Oct 20162:50 pmRNSProcurement, Construction & Commissioning contract
21st Sep 20167:25 amRNSIssue of equity to settle fees and remuneration
21st Sep 20167:20 amRNSWest Kytlim update/Loan facility & issue of equity
15th Sep 20167:00 amRNSInterim Results - six months ended 30 June 2016
9th Sep 20162:22 pmRNSAcceptance report from Ekaterinburg refinery
9th Sep 20167:00 amRNSFirst platinum concentrate at West Kytlim
1st Sep 20167:00 amRNSWest Kytlim Mining operation update - August 2016
31st Aug 20167:00 amRNSSemenovsky Tailings Project - Reserves Approval
1st Aug 20164:04 pmRNSLoan Agreement and Issue of Equity
28th Jul 20167:00 amRNSPlatinum refining and sales agreements
27th Jul 20167:00 amRNSWest Kytlim Mining operation update - July 2016
4th Jul 20167:00 amRNSSemenovsky Tailings Project & receipt of assays
30th Jun 201612:14 pmRNSResult of AGM
21st Jun 20167:00 amRNSMining start-up at West Kytlim
7th Jun 20167:00 amRNSAnnual Results for the 12 months ended 31 Dec 2015
31st May 20167:00 amRNSIssue of Equity and Repayment of Debt
25th May 20167:00 amRNSContract Mining at West Kytlim
12th May 20167:00 amRNSIssue of Equity
4th May 20167:00 amRNSExtension of Semenovsky Tailings Heads of Terms
26th Apr 20168:52 amRNSProject Update: Semenovsky Gold Tailings Project
22nd Apr 20167:00 amRNSPositive Drilling Results at Monchetundra
18th Apr 20168:43 amRNSAdvancement to Production Update
5th Apr 20167:00 amRNSIssue of Equity and Directors Shareholdings
16th Mar 20163:00 pmRNSUpdate re Gold Tailings Opportunity
29th Feb 20167:00 amRNSWest Kytlim Project Update
23rd Feb 20168:20 amRNSIssue of Equity
12th Feb 20168:00 amRNSLoan Agreement
12th Feb 20168:00 amRNSExtension of Option Agreement
27th Jan 20167:00 amRNSWest Kytlim Platinum Production 2016 - Update
16th Nov 20157:00 amRNSGold Tailings Production Opportunity
3rd Nov 20157:00 amRNSWest Kytlim Platinum Project - Progress Update
6th Oct 20158:18 amRNSWest Kytlim Mining Licence Awarded
29th Sep 20153:55 pmRNSHalf Yearly Report

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