Monchetundra Flanks Update

EURASIA MINING PLC

("Eurasia" or "the Company")

Monchetundra Flanks Update

Eurasia Mining plc, the palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominantly palladium open pit deposits near base metal and PGM processing facilities close to the town of Monchegorsk on the Kola Peninsula, is pleased to announce that the Monchetundra Flanks license has been approved by the regional licensing body, SevZapNedra.

More information about the Monchetundra Flanks license has been provided in the announcements dated 4 Dec 2019 and 17 Dec 2019.

Comments

Christian Schaffalitzky, Executive Chairman commented: "The Directors are encouraged with the approval of Monchetundra Flanks license, an important milestone for the Company. Further announcements will be made in due course".

ENQUIRIES:

Eurasia Mining Plc

Christian Schaffalitzky/ Keith Byrne

+44 (0)207 932 0418

SP Angel Corporate Finance LLP (Nomad and Joint Broker)

Ewan Leggat / David Hignell / Soltan Tagiev

+44 (0)20 3470 0470

Optiva Securities (Joint Broker)

Christian Dennis

Tel: +44 (0) 20 3137 1902

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.