27 Nov 2014 07:00
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Eurasia Mining plc
("Eurasia" or the "Company")
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Eurasia Mining plc, the precious metal exploration and development company working in Russia, is pleased to provide an update on its mining licence application at West Kytlim in the Urals.
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Verbal confirmation has been received from the Russian state authorities that the Anti-Monopoly Board ("FAS") has approved the Company's mining licence application. The next step is the consideration of the application by the Ministry of Defence and Federal Security Service.
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Once the assessments by these two remaining organizations are complete, Rosnedra will draft the terms of the mining licence for final review by the Ministry of Economic Development and a government commission, chaired by the Prime Minister.
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Contacts:
For more information please contact:
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Eurasia Mining:
Christian Schaffalitzky / Michael de Villiers
Tel: +44 (0) 207 932 0418
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Katy Mitchell, WH Ireland Limited
Tel: +44 (0) 161 832 2174
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