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Spread: 0.20 (7.692%)
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
30th Jun 201011:42 amRNSResult of AGM
30th Jun 20109:15 amRNSTotal Voting Rights
17th Jun 20104:57 pmRNSIssue of Equity
16th Jun 20101:03 pmRNSExploration Update
7th Jun 201010:38 amRNSFinal Results
30th Apr 201012:07 pmRNSTotal Voting Rights
22nd Apr 20101:12 pmRNSIssue of Equity
15th Apr 201012:00 pmRNSExploration Update - West Kytlim
7th Apr 201010:00 amRNSExploration Update - Kola
2nd Mar 20103:28 pmRNSIssue of Equity
9th Feb 20107:57 amRNSHolding(s) in Company
3rd Feb 20104:54 pmRNSIssue of Equity
18th Dec 20091:09 pmRNSIssue of Equity
25th Nov 200910:48 amRNSHolding(s) in Company
5th Nov 20093:48 pmRNSIssue of Equity
30th Oct 200911:25 amRNSTotal Voting Rights
7th Oct 20093:15 pmRNSIssue of Equity
30th Sep 20097:00 amRNSTotal Voting Rights
28th Sep 20097:00 amRNSInterim results
14th Sep 200910:00 amRNSIssue of Equity
3rd Sep 200912:07 pmRNSIssue of Equity
28th Aug 20097:00 amRNSIssue of Equity
26th Aug 20094:21 pmRNSIssue of Equity
30th Jul 200910:31 amRNSTotal Voting Rights
23rd Jul 200912:58 pmRNSResult of AGM
14th Jul 20093:40 pmRNSHolding(s) in Company
14th Jul 20093:15 pmRNSIssue of Equity
29th Jun 20094:26 pmRNSResult of General Meeting
29th Jun 20091:34 pmRNSFinal Results
16th Jun 20094:18 pmRNSWarrant Update
12th Jun 20092:40 pmRNSIssue of Equity
10th Jun 20094:09 pmRNSNotice of EGM
6th May 20095:06 pmRNSHolding(s) in Company
1st Apr 20097:00 amRNSDrilling Report
31st Oct 200812:33 pmRNSHolding(s) in Company
31st Oct 20087:00 amRNSTotal Voting Rights
15th Oct 20087:00 amRNSDirector/PDMR Shareholding
10th Oct 20083:01 pmRNSIssue of Equity
8th Oct 200811:06 amRNSExtension to Licence
20th Aug 20084:31 pmRNSHolding(s) in Company
19th Aug 20085:19 pmRNSHolding(s) in Company
13th Aug 200810:53 amRNSHolding(s) in Company
23rd Jul 200811:36 amRNSResult of AGM
9th Jul 200812:51 pmRNSDirector/PDMR Shareholding
25th Jun 20087:00 amRNSFinal Results
17th Jun 20087:00 amRNSDirectorate Change
28th May 20087:00 amRNSConvertible loan note agreeme
3rd Apr 20087:01 amRNSDrilling Report
31st Mar 20083:11 pmRNSExtension of Loan Notes
30th Nov 200711:09 amRNSTotal Voting Rights

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