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Spread: 0.20 (8.00%)
Market Cap: £76.74m
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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
10th May 20137:00 amRNSDrilling results update: West Kytlim
12th Apr 20131:23 pmRNSReplacement: Exploration Update
12th Apr 201312:47 pmRNSExploration Update: Russian Platinum Projects
4th Jan 201311:09 amRNSExtension of Monchetundra Licence
23rd Nov 20127:00 amRNSProgress Report on West Kytlim Exploration
27th Sep 20127:00 amRNSHalf Yearly Report
29th Jun 20123:12 pmRNSResult of AGM
28th May 201211:20 amRNSFinal Results
4th Apr 20123:02 pmRNSIssue of Equity
4th Jan 20124:15 pmRNSShare Price Movement
30th Nov 20117:00 amRNSTotal Voting Rights
7th Nov 20114:45 pmRNSIssue of Equity
28th Sep 20117:00 amRNSCompletion of Placing
12th Sep 20114:02 pmRNSExploration Update - West Kytlim
12th Sep 201112:00 pmRNSExploration Update: West Kytlim - Replacement
9th Sep 20117:00 amRNSHalf Yearly Report
8th Sep 20112:26 pmRNSExploration Update: West Kytlim
2nd Aug 201112:59 pmRNSTotal Voting Rights
5th Jul 20113:12 pmRNSIssue of Equity
30th Jun 20112:07 pmRNSResult of AGM
30th Jun 20117:00 amRNSTotal Voting Rights
6th Jun 20117:00 amRNSFinal Results
20th May 20113:03 pmRNSIssue of Equity
19th Apr 201110:03 amRNSExercise of Warrants
31st Mar 201112:00 pmRNSTotal Voting Rights
29th Mar 201111:13 amRNSDrilling Update
14th Mar 201110:55 amRNSIssue of Equity
14th Mar 20117:51 amRNSUpdate: Kamushan
1st Mar 201112:13 pmRNSIssue of Equity
2nd Feb 20113:53 pmRNSDirector/PDMR Shareholding
31st Jan 201112:36 pmRNSTotal Voting Rights
27th Jan 20117:41 amRNSDirector/PDMR Shareholding
19th Jan 20111:49 pmRNSIssue of Equity
17th Jan 20117:31 amRNSExecution of Memorandum of Understanding
11th Jan 20119:23 amRNSIssue of Equity
31st Dec 20108:42 amRNSTotal Voting Rights
21st Dec 201012:59 pmRNSIssue of Equity - Replacement
21st Dec 201010:52 amRNSIssue of Equity
15th Dec 20102:00 pmRNSLicence Extension and Drilling Update
30th Nov 20109:58 amRNSTotal Voting Rights
17th Nov 20108:16 amRNSIssue of Equity
12th Nov 20104:57 pmRNSIntention to Collaborate
3rd Nov 201010:38 amRNSIssue of Equity
29th Oct 20101:04 pmRNSTotal Voting Rights
29th Oct 201010:52 amRNSExtension of West Kytlim Licence
6th Oct 20109:01 amRNSIssue of Equity
24th Sep 20101:03 pmRNSHalf Yearly Report
30th Jul 20102:12 pmRNSTotal Voting Rights
1st Jul 20103:14 pmRNSIssue of Equity
30th Jun 20101:32 pmRNSIssue of Equity

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