24 May 2018 14:15
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Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
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Communications Update
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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.
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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
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Investors are invited to view the Company's Twitter feed @eurasiamining where links to the Company announcements will be provided.
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Enquiries:
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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 | Â |
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About Eurasia Mining PLC (LSE: EUA)
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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.
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