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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
26th Nov 20072:20 pmRNSIssue of Equity
15th Oct 20077:01 amRNSNew joint broker appointed
8th Oct 20077:00 amRNSTrading on PLUS Markets
27th Sep 20077:01 amRNSInterim Results
21st Aug 20074:42 pmRNSChange of registered office
17th Aug 20072:59 pmRNSAIM Rule 26 Information
8th Aug 200712:02 pmRNSResult of AGM
8th Aug 20077:00 amRNSDiscovery confirmed in KolaJV
28th Jun 20077:01 amRNSFinal Results
9th May 20077:01 amRNSDrilling Report
8th May 20074:34 pmRNSHolding(s) in Company
4th May 20077:00 amRNSNotification of Interest
16th Apr 20077:01 amRNSDrilling Report
26th Mar 20077:02 amRNSDrilling Report
22nd Mar 20077:00 amRNSHolding(s) in Company
13th Feb 200710:46 amRNSHolding(s) in Company
18th Jan 200711:56 amRNSTotal Voting Rights
28th Dec 20068:00 amRNSTotal Voting Rights
13th Dec 20064:54 pmRNSDirector/PDMR Shareholding
15th Nov 20067:02 amRNSDrilling Report
29th Sep 20067:01 amRNSInterim Results
21st Sep 20064:49 pmRNSRe Alliance
6th Sep 20067:01 amRNSAppointment of joint broker
31st Aug 20064:25 pmRNSIssue of Equity
3rd Aug 20067:00 amRNSDrilling Report
14th Jul 200611:50 amRNSAGM Statement
12th Jun 20067:00 amRNSFinal Results
5th May 20063:26 pmRNSHolding(s) in Company
4th May 20062:05 pmRNSIssue of Equity
2nd May 20067:01 amRNSKola exploration starts
26th Apr 20062:12 pmRNSExercise of Warrants
21st Apr 20067:00 amRNSDrill sampling results
2nd Mar 20063:06 pmRNSIssue of Equity
13th Feb 20067:01 amRNSKola licences agreed
6th Feb 20064:20 pmRNSHolding(s) in Company
24th Jan 20069:17 amRNSDirectorate Change
30th Sep 20057:01 amRNSInterim Results
10th Aug 20053:27 pmRNSAGM Statement
28th Jul 20057:01 amRNSUrals platinum programme
28th Jun 20057:00 amRNSAnnual Results
16th May 20053:00 pmRNSResult of EGM
22nd Apr 20057:02 amRNSNotice of EGM
22nd Apr 20057:01 amRNSOption to acquire licences
18th Apr 20057:00 amRNSAlliance with AngloGold
25th Feb 200510:02 amRNSIssue of Equity
28th Jan 20055:56 pmRNSHolding(s) in Company

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