Eurasia Mining PLC Communications Update
24 May 2018 - 11:15PM
RNS Non-Regulatory
TIDMEUA
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 16(th) 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 Tel: +44 (0)207 932 0418
Christian Schaffalitzky / Keith Byrne
WH Ireland Limited (Nominated Adviser & Broker) Tel: +44 (0)161 832 2174
Katy Mitchell / James Sinclair-Ford
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.
END
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