Proactiveinvestors United Kingdom Eurasia Mining PLC Proactiveinvestors United Kingdom Eurasia Mining PLC RSS feed en Mon, 10 Aug 2020 19:28:14 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Eurasia Mining picks up new ground adjacent to West Kytlim Mon, 10 Aug 2020 07:24:00 +0100 Proactive news headlines: Eurasia Mining, Tharisa, Ceres Power, Allergy Therapeutics … Thu, 09 Jul 2020 14:33:00 +0100 Eurasia Mining soars as it returns to AIM following clarification of relationship with CITIC Thu, 09 Jul 2020 08:15:00 +0100 Proactive weekly mining highlights: Eurasia Mining, IronRidge Resources, Pembridge Resources, NQ Minerals … Sat, 04 Jul 2020 08:00:00 +0100 Eurasia Mining puts itself up for sale Wed, 01 Jul 2020 09:40:00 +0100 Eurasia Mining rockets higher with palladium price Wed, 10 Jun 2020 08:50:00 +0100 Eurasia Mining appoints new Nomad and NED, updates on suspension Wed, 27 May 2020 07:21:00 +0100 Eurasia Mining chairman says operations ‘ongoing’ without any impact from coronavirus pandemic Thu, 09 Apr 2020 07:37:00 +0100 Eurasia Mining shares suspended as it clarifies relationship with CITIC Tue, 11 Feb 2020 15:37:00 +0000 Proactive news snapshot: Bluebird Merchant Ventures, Keywords Studios, ​​​​​​​Alien Metals Tue, 17 Dec 2019 15:30:00 +0000 Eurasia Mining receives approval for Monchetundra flanks project Tue, 17 Dec 2019 10:08:00 +0000 Eurasia Mining climbs as it says licence applications for Monchetundra and West Kytlim “progressing well” Wed, 04 Dec 2019 10:08:00 +0000 Eurasia Mining hails “step change” in development as it takes full control of production at West Kytlim Tue, 26 Nov 2019 12:30:00 +0000 Eurasia Mining says talks continue with VTB Capital and CITIC Group Mon, 25 Nov 2019 13:55:00 +0000 The palladium price went on a tear in October, but who stands to gain and will the price strength continue? Wed, 13 Nov 2019 10:23:00 +0000 Eurasia Mining appoints Russian adviser to assist on strategic sales Mon, 11 Nov 2019 15:38:00 +0000 Proactive Mining Highlights: Eurasia Mining, BlueRock Diamonds, Bushveld Minerals ... Sat, 02 Nov 2019 09:33:00 +0000 Eurasia Mining's Dmitry Suschov discusses 'strategic options' for its mining assets Wed, 30 Oct 2019 12:03:00 +0000 Proactive news snapshot: Eurasia Mining, AFC Energy, IXICO, BlueRock Diamonds … Mon, 28 Oct 2019 15:33:00 +0000 Eurasia Mining in “strong financial position” thanks to cashflow from Russian operations, exercise of warrants Mon, 28 Oct 2019 13:55:00 +0000 Eurasia’s fourfold share price increase across two days shows the truth in the old adage that cash is king Mon, 28 Oct 2019 13:15:00 +0000 Eurasia Mining's move to consider strategic options around its assets 'well-timed' Fri, 25 Oct 2019 08:26:00 +0100 Eurasia Mining says VTB Capital and CITIC Group to assist with “strategic options” for its mining assets Thu, 24 Oct 2019 10:15:00 +0100 Eurasia Mining believes flanks area can boost Monchetundra resource 'severalfold' Thu, 26 Sep 2019 07:09:00 +0100 Eurasia Mining appoints strategic advisor as SA group runs rule over assets Mon, 16 Sep 2019 07:59:00 +0100 Eurasia Mining PLC's chairman encouraged by progress at Monchetundra flagship Wed, 14 Aug 2019 13:37:00 +0100 Eurasia Mining signs EPC contract with Sinosteel, continues work required to trigger finance package Tue, 13 Aug 2019 07:24:00 +0100 Eurasia Mining lodges application for more PGM-rich ground in Russia Mon, 17 Jun 2019 06:49:00 +0100 Proactive weekly mining highlights: Asiamet Resources, Salt Lake Potash, Pembridge Resources .... Sat, 15 Jun 2019 08:00:00 +0100 Eurasia Mining obtains further approvals for West Kytlim, plans upgrades to reserves Mon, 10 Jun 2019 06:46:00 +0100 Mining at Eurasia’s West Kytlim project underway since first quarter, full scale production since second quarter Mon, 03 Jun 2019 07:10:00 +0100 Eurasia Mining posts maiden gross profit during “key” 2018 Wed, 15 May 2019 08:16:00 +0100 Eurasia Mining set to resume operations at West Kytlim after winter break Mon, 29 Apr 2019 07:31:00 +0100 Eurasia Mining announces £500k equity raise to support ramp-up of key projects in Russia Thu, 18 Apr 2019 13:05:00 +0100 Eurasia Mining shares jump as it signs construction contract with Chinese company for the Monchetundra Project Tue, 26 Mar 2019 12:10:00 +0000 Work set to begin immediately at Eurasia Mining's West Kytlim mine in Russia Thu, 31 Jan 2019 12:56:00 +0000 Eurasia Mining agrees new deal with contractor for platinum production at West Kytlim Mon, 28 Jan 2019 08:17:00 +0000 Eurasia Mining awarded more acreage next to West Kytlim mine Mon, 17 Dec 2018 07:48:00 +0000 Eurasia receives mining licence for Monchetundra palladium project Tue, 11 Dec 2018 08:24:00 +0000 Eurasia Mining details licence payment terms Fri, 07 Dec 2018 08:27:00 +0000 Eurasia Mining “thrilled and honoured” to receive final permission to build Monchetundra Wed, 05 Dec 2018 08:38:00 +0000 Eurasia Mining Plc hails final approval for Monchetundra mine Thu, 22 Nov 2018 08:45:00 +0000 Eurasia Mining says extensive permit application process for Monchetundra project concluded after mining permit issue approved Wed, 21 Nov 2018 08:25:00 +0000 Eurasia Mining potentially able to double production next year at West Kytlim Thu, 25 Oct 2018 12:33:00 +0100 Eurasia Mining to upgrade resource at West Kytlim as grades rise Thu, 25 Oct 2018 11:55:00 +0100 Eurasia Mining debt-free as it beats production target for mining season Fri, 28 Sep 2018 08:31:00 +0100 Eurasia Mining ready for significant 'step-up' as platinum production beats targets Fri, 28 Sep 2018 08:31:00 +0100 Eurasia Mining’s shares jump as subsidiary agrees to progress with second mine at West Kytlim with project exceeding expectations Mon, 24 Sep 2018 07:44:00 +0100 Eurasia Mining debt-free as it converts remaining loan to shares Wed, 19 Sep 2018 13:02:00 +0100 Eurasia Mining on track in 2018 as it advances West Kytlim and Monchetundra projects Wed, 08 Aug 2018 10:05:00 +0100 Eurasia Mining surges after upbeat AGM statement Tue, 24 Jul 2018 14:41:00 +0100 Eurasia Mining announces approval of Monchetundra Mine permit application Wed, 11 Jul 2018 06:31:00 +0100 Eurasia’s Monchetundra project passes another permitting milestone Tue, 03 Jul 2018 06:54:00 +0100 Eurasia Mining says West Kytlim is truly delivering Fri, 29 Jun 2018 10:09:00 +0100 Eurasia Mining receives approval of Monchetundra mine permit application Thu, 14 Jun 2018 11:39:00 +0100 Eurasia Mining jumps on news of Monchetundra mining permit approval by two Russian agencies Wed, 13 Jun 2018 09:05:00 +0100 Eurasia Mining posts Information video showing current production activities at its West Kytlim platinum mine Thu, 24 May 2018 14:12:00 +0100 Eurasia Mining says West Kytlim is now fully operational Wed, 23 May 2018 10:47:00 +0100 Eurasia Mining raises funds; updates on progress at West Kytlim Thu, 10 May 2018 07:20:00 +0100 Eurasia Mining starts work at its West Kytlim Project in the Ural Mountains Fri, 09 Mar 2018 07:36:00 +0000 Eurasia Mining says permit application for Monchetundra mine is going faster than expected Fri, 02 Feb 2018 08:26:00 +0000 Eurasia Mining amends US$2mln loan agreement so more cash can be directed to mining preparation Thu, 14 Dec 2017 12:53:00 +0000 Eurasia Mining lodges mine permit for Monchetundra Tue, 05 Dec 2017 14:31:00 +0000 Eurasia Mining reveals direct equity investment from Venus Garden Holdings Mon, 20 Nov 2017 15:35:00 +0000 Interims show Eurasia on track with Russian assets Tue, 26 Sep 2017 07:00:00 +0100 Eurasia Mining shares surge as it strikes collaboration with blockchain group GoldMint Fri, 08 Sep 2017 12:07:00 +0100 Eurasia Mining on track for mining license at Monchetundra PGM project in Russia Mon, 04 Sep 2017 06:55:00 +0100 Eurasia cracking on with mining application now discovery certificate's in hand Tue, 18 Jul 2017 13:07:00 +0100 Eurasia Mining granted discovery certificate at Monchetundra Mon, 17 Jul 2017 06:44:00 +0100 Eurasia Mining ticks off key steps at Monchetundra Fri, 16 Jun 2017 08:31:00 +0100 Eurasia Mining well-positioned in what will potentially be a major new PGM producing area Thu, 15 Jun 2017 12:11:00 +0100 Eurasia Mining gets August extension as it mulls options for Russian tailings plant Thu, 15 Jun 2017 09:01:00 +0100 Eurasia Mining hails reserve approval for Monchetundra as 'incredibly important' development Wed, 31 May 2017 08:21:00 +0100 Eurasia Mining looks at new loan as production picks up Tue, 16 May 2017 14:35:00 +0100 Eurasia Mining re-starts production at West Kytlim Tue, 09 May 2017 07:54:00 +0100 Eurasia Mining "steadily securing its future" Fri, 24 Mar 2017 07:35:00 +0000 Eurasia re-draws mining agreement at West Kytlim Mon, 06 Feb 2017 14:28:00 +0000 Eurasia Mining says officals vetting feasibilty study for Monchetundra Wed, 18 Jan 2017 07:00:00 +0000 Eurasia Mining extends MOU at Semenovsky tailings project Thu, 22 Dec 2016 15:45:00 +0000 Eurasia Mining arranges £1mln loan facility Wed, 21 Dec 2016 08:26:00 +0000 Eurasia Mining looking to further de-risk Monchetundra development Mon, 21 Nov 2016 10:33:00 +0000 Eurasia Mining to bring in contractor to run Monchetundra Thu, 03 Nov 2016 07:31:00 +0000 Eurasia Mining draws down a further £100,000 Wed, 26 Oct 2016 06:52:00 +0100 China deal a 'one-step turnkey' contract to develop Russian mine, says Eurasia boss Tue, 11 Oct 2016 15:15:00 +0100 Big deals suddenly flowing in junior mining Tue, 11 Oct 2016 12:48:00 +0100 Eurasia doubles on US$176mln deal for Russian project Mon, 10 Oct 2016 15:29:00 +0100 Eurasia Mining eyeing first revenues from West Kytlim this month Thu, 15 Sep 2016 06:56:00 +0100 Eurasia Mining sees first platinum concentrate at West Kytlim Fri, 09 Sep 2016 14:04:00 +0100 Eurasia Mining sees first West Kytlim production next week Thu, 01 Sep 2016 06:30:00 +0100 Eurasia Mining posts maiden reserve for tailings project Wed, 31 Aug 2016 07:06:00 +0100 Eurasia Mining gets £700,000 loan for working cap Tue, 02 Aug 2016 10:35:00 +0100 Eurasia Mining looking forward to producing first platinum within weeks Thu, 28 Jul 2016 15:00:00 +0100 Eurasia Mining agrees refining contract at West Kytlim Thu, 28 Jul 2016 06:51:00 +0100 Eurasia Mining close to production at West Kytlim in Russia Wed, 27 Jul 2016 06:58:00 +0100 Eurasia Mining MD happy with Semenovsky progress Mon, 04 Jul 2016 15:35:00 +0100 Eurasia Mining one step closer to production at Semenovsky Mon, 04 Jul 2016 06:52:00 +0100 Work gets underway at Eurasia’s West Kytlim mine Tue, 21 Jun 2016 08:11:00 +0100 Eurasia Mining – Contract mining at West Kytlim to start Tue, 07 Jun 2016 09:33:00 +0100 Eurasia Mining “has its skates on” at West Kytlim, says MD Thu, 26 May 2016 07:12:00 +0100 Eurasia Mining farms out mining at West Kytlim Wed, 25 May 2016 06:30:00 +0100 Eurasia Mining makes up for lost time in Russia Wed, 18 May 2016 14:06:00 +0100 Eurasia Mining pays off loan with placing Thu, 12 May 2016 08:31:00 +0100 Eurasia Mining and Metal Tiger extend due diligence for Russian project Wed, 04 May 2016 07:58:00 +0100 Eurasia Mining's gold tailings plan passes first hurdle Tue, 26 Apr 2016 09:05:00 +0100 Kola Peninsula has important PGM prospect - Eurasia Mining chief Fri, 22 Apr 2016 14:47:00 +0100 Eurasia Mining poised for C1 estimate at Monchetundra following drilling Fri, 22 Apr 2016 06:32:00 +0100 Eurasia Mining granted mining permits at West Kytlim Mon, 18 Apr 2016 14:06:00 +0100 Eurasia on track to produce first platinum this year Wed, 27 Jan 2016 08:41:00 +0000 Eurasia MD says gold tailings project good value Mon, 16 Nov 2015 14:57:00 +0000 Eurasia/ Metal Tiger may collaborate on tailings project Mon, 16 Nov 2015 07:41:00 +0000 Eurasia Mining and Metal Tiger pleased with platinum project progress Wed, 04 Nov 2015 09:57:00 +0000 Eurasia Mining pushes ahead at West Kytlim Tue, 03 Nov 2015 07:59:00 +0000 Eurasia formally awarded West Kytlim licence Tue, 06 Oct 2015 08:46:00 +0100 Eurasia Mining eyes first platinum by end of 2016 Wed, 30 Sep 2015 05:00:00 +0100 Eurasia Mining MD: Monchetundra could be company maker Tue, 11 Aug 2015 09:14:00 +0100 Eurasia Mining starts drilling at second project in Russia Tue, 11 Aug 2015 07:12:00 +0100 Eurasia Mining restarts exploration at Monchetundra Wed, 29 Jul 2015 12:08:00 +0100 Eurasia Mining gets further £300,000 investment from Metal Tiger Thu, 09 Jul 2015 14:11:00 +0100 Eurasia Mining galvanised by Russian licence award Thu, 09 Jul 2015 11:36:00 +0100 Eurasia Mining CEO hails West Kytlim approval Wed, 08 Jul 2015 15:08:00 +0100 Eurasia Mining confirms West Kytlim licence approval Wed, 08 Jul 2015 14:13:00 +0100 Eurasia Mining takes big step towards mining licence at West Kytlim Wed, 24 Jun 2015 06:44:00 +0100 Eurasia Mining reviewing financing options for West Kytlim project Wed, 03 Jun 2015 07:26:00 +0100 Eurasia Mining shares advance as Amur shareholders celebrate Fri, 22 May 2015 13:03:00 +0100 Eurasia expects licence application to go to Russian PM in near-term Thu, 07 May 2015 08:33:00 +0100 Eurasia Mining shares advance as reaches West Kytlim mining licence milestone Wed, 29 Apr 2015 13:58:00 +0100 Eurasia Mining completes £515,700 placing to further ambitions Tue, 28 Apr 2015 11:08:00 +0100 Eurasia Mining looks forward to West Kytlim start-up as it chalks off another permitting milestone Tue, 21 Apr 2015 13:21:00 +0100 Eurasia Mining chief on mining licence progress Wed, 18 Mar 2015 14:28:00 +0000 Eurasia Mining unveils further progress on West Kytlim mining licence application Wed, 18 Mar 2015 06:45:00 +0000 Company Q&A - Eurasia Mining boss pleased with progress AIM-listed Eurasia Mining is focused on platinum group metals and operates in Russia. It has two licences, West Kytlim and Monchetundra. The former is an advanced alluvial deposit going through the permitting process, while the latter is not as far down the road to production but has drawn outside interest. Here chief executive Christian Schaffalitzky tells us a little more about the business he runs.

Fri, 13 Mar 2015 07:02:00 +0000
Eurasia Mining's Monchetundra attracting interest Mon, 09 Mar 2015 07:28:00 +0000 Eurasia Mining delighted by progress on mining licence application Wed, 25 Feb 2015 10:38:00 +0000 Eurasia Mining advances as Metal Tiger buys in Mon, 29 Dec 2014 10:39:00 +0000 Eurasia Mining hits 52-week high as licence is extended Champagne corks could be popping today as Eurasia Mining (LON:EUA) celebrates the extension of its exploration licence at Monchetundra for a further year to December 2013.

Fri, 04 Jan 2013 10:32:00 +0000
Eurasia Mining awaits mining licences for West Kytlim platinum project Thu, 27 Sep 2012 06:41:00 +0100 Eurasia Mining shares up as it edges closer to realising platinum project Mon, 28 May 2012 12:03:00 +0100 Eurasia Mining raises £2.885 mln in private placing Wed, 04 Apr 2012 14:58:00 +0100 Eurasia Mining raises £468,500 with share placing Wed, 28 Sep 2011 06:31:00 +0100 Eurasia Mining continues evaluating investment opportunities in Russia and FSU Fri, 09 Sep 2011 08:19:00 +0100 Eurasia Mining increases Russian-classed reserves at West Kytlim platinum project Thu, 08 Sep 2011 15:10:00 +0100 Eurasia Mining seeks further success in 2011 Mon, 06 Jun 2011 07:54:00 +0100 Eurasia Mining reports more encouraging drill results from Monchetundra PGM licence Tue, 29 Mar 2011 12:20:00 +0100 Eurasia Mining nominates Energy Resources Asia as legal holder of Kamushansky uranium project Mon, 14 Mar 2011 08:16:00 +0000 Eurasia Mining taking initial 10 pct stake in Kyrgyzstan uranium project, shares rise Mon, 17 Jan 2011 07:45:00 +0000 Eurasia Mining shares rise as it extends Monchetundra license and finds palladium Wed, 15 Dec 2010 14:02:00 +0000 Eurasia Mining to assist Premier Management in executing mining strategy Fri, 12 Nov 2010 15:12:00 +0000 Eurasia Mining raises £1.3 mln Wed, 03 Nov 2010 12:58:00 +0000 Eurasia Mining extends exploration license for West Kytlim platinum project until Dec 2012 Eurasia Mining (LON:EUA) was successful in its bid to extend the exploration license at West Kytlim, allowing it to fully explore further platinum discoveries made in the area.


Fri, 29 Oct 2010 13:51:00 +0100
Eurasia Mining shares soar 30% with release of interims Fri, 24 Sep 2010 14:58:00 +0100 Eurasia Mining updates on West Kytlim platinum project Wed, 16 Jun 2010 14:38:00 +0100 Eurasia Mining eyes quick investment returns at West Kytlim alluvial platinum project Mon, 07 Jun 2010 10:10:00 +0100 Eurasia Mining now debt-free, reports progress at West Kytlim, first platinum production expected in ‘near future’ Mon, 28 Sep 2009 08:33:00 +0100 Eurasia Mining to seek shareholder approval to raise up to £3 million Thu, 11 Jun 2009 12:50:00 +0100 Grafton Resource Investments takes 7.9 pct stake in Eurasia Mining Thu, 07 May 2009 08:19:00 +0100 Eurasia Mining updates on Russian platinum exploration Wed, 01 Apr 2009 08:04:00 +0100 Eurasia Mining directors pile in Wed, 15 Oct 2008 08:13:00 +0100 Eurasia Mining awarded extension to West Kytlim licence Wed, 08 Oct 2008 11:06:00 +0100 Eurasia Mining interims and interview Mon, 29 Sep 2008 10:55:00 +0100 Luncroft Holdings takes 7% of Eurasia Mining Wed, 20 Aug 2008 11:02:00 +0100 Eurasia Mining CEO increases stake by 50%
Following the share purchase, Mr. Schaffalitzky holds approximately 2.9 million shares, or 2.07% of the company.

Eurasia has a joint venture in Russia with Anglo Platinum to explore for hard rock and alluvial platinum projects, and has made encouraging progress.]]>
Wed, 09 Jul 2008 05:36:00 +0100
Eurasia Mining makes understated progress Wed, 25 Jun 2008 23:00:00 +0100 Eurasia Mining appoints Dmitry Suschov to board
Deloan Investments, where Mr. Suschov is the sole director and shareholder, recently entered into a convertible loan note agreement and warrant instrument with Eurasia Mining. The agreement could see Deloan Investments holding up to 29.87% of Eurasia Mining.]]>
Tue, 17 Jun 2008 07:55:00 +0100
Eurasia Mining secures Russian investor
The agreement will allow Eurasia to draw down £1 million, in trances of £0.25 million over a twelve month period. However, instead of paying interest on the loan, Eurasia will issue 10 million warrants, exercisable at 5 pence per share, for every £0.25 million in cash drawn down. Assuming the full £1 million is drawn down, Eurasia would issue 40 million warrants. Assuming all 40 million warrants are exercised, Eurasia would receive an additional £2 million in cash, bring the total fundraising to £3 million, and Deloan would hold 29.87% of the Company.

Eurasia said it would use the money for ongoing working capital purposes and to pursue new projects in Russia. Furthermore, Eurasia confirmed that it saw the transaction as a "first step" towards securing a Russian partner to invest in its PGM projects in Russia.

Wed, 28 May 2008 08:03:00 +0100
Eurasia finds possible open pit platinum resource
Grades of up to 2.25 grams per tonne platinum, found in one borehole, compare favourably with those a nearby deposit that Barrick Gold has taken to the feasibility study stage. The second borehole, showed higher grades at a greater depth, and included 1 metre at 14.3 grams per tonne platinum.

Eurasia’s joint venture partner Anglo Platinum Ltd funded this drilling, and are earning an initial 40% interest in the joint venture by funding the first US$10 million of exploration on this licence area.

The joint venture agreement with Anglo Platinum also includes the West Kytlim exploration licence for alluvial platinum, where Anglo Platinum is funding a feasibility study and can earn a 50% interest. The joint venture partners plan to start production following receipt of all the necessary permits and approvals.]]>
Thu, 03 Apr 2008 05:03:00 +0100
Eurasia Mining steps up drilling campaign
At Monchetundra, Volchetundra and West Imandra additional drilling is either underway or anticipated to begin shortly. The joint venture announced a Platinum Group Metals (PGM) discovery earlier this year at Monchetundra. The PGM occurrence is across at least two separate horizons and has been traced over several hundred meters and is open at depth and along strike. Meanwhile at Volchetundra, a first pass drilling campaign returned PGM mineralisation in three zones, which will see follow up drilling in the coming weeks. Finally at West Imandra, the JV intends to drill a new target in the second half of this year.

Beyond the JV, Eurasia is also advancing the Wesk Kytlim Platinum Alluvial project. Eurasia stated that it had lodged a reserve statement with the authorities in anticipation of converting its licence from exploration to mining. Eurasia is hoping to move into production at West Kytlim in 2008, but it waiting the completion of a feasibility study which will include additional bulk sampling.

Thu, 27 Sep 2007 09:43:00 +0100
Eurasia Mining discovers more PGMs at Kola jv with Anglo Platinum
Drilling work continues at the neighbouring Volchetundra licence where 851 metres of drilling in four holes,completed in July, have yet to be assayed. However, Eurasia reports that the mineralised zone appears to continue along strike and down dip.

Anglo Platinum is funding exploration programs with Eurasia up to US$10 million. Results from earlier work at the Volchetundra and Monchetundra licences showed the presence of platinum and palladium with grades of up to 11 grams per tonne.

Eurasia’s MD Christian Schaffalitzky said:

"We are of course delighted by these latest results which confirm an continuation of the mineralised zone identified in our initial Monchetundra discovery. We are now drilling to seek further extensions."]]>
Wed, 08 Aug 2007 08:46:00 +0100
Eurasia Finals - reduced losses for Russia
The company reported that it has made progress on its platinum and its gold projects and it is working with possible Russian partners to acquire advanced gold exploration and development prospects.

Dr. Michael Martineau, Chairman of Eurasia Mining said

"The Directors of your Company believe Eurasia has made excellent progress in 2006, which continues in 2007. We are confident that the continuing success on the technical side will be reflected in the enhancement of value in the company. The support of Anglo Platinum in our platinum projects has been a key to our survival and to our recent successes and is gratefully acknowledged."

Fri, 29 Jun 2007 07:18:00 +0100
Eurasia Mining: Revisited Tue, 05 Jun 2007 23:00:00 +0100 Eurasia Mining complete exploration drilling program
The program was fully funded by 50:50 joint venture partner Anglo Platinum. This brings Eurasia a step closer to completing the bankable feasibility study. Eurasia are currently considering the options of a shared use of a local partners mining plant, investment in a new washing plant and project finance options.

Shares in Eurasia Mining slipped -2.5% on the news.
Wed, 09 May 2007 09:21:00 +0100
Eurasia hits second platinum discovery in Russia
Results included 15.3m at 2.20 grams per tonne Platinum + Palladium, 11.3m at 2.93gm/t Pt+Pd and 21.3m at 1.92gm/t Pt +Pd. Eurasia stated that the mineralisation is formed in two PGM horizons that remain open at depth and along strike. The discovery will be the subject of further drilling in 2007.

"Coming so soon after our earlier discovery announcement at nearby Volchetundra, this is a very encouraging set of results. We now plan a programme of grid drilling to identify a mineral resource with economic potential." said Christian Schaffalitzky, Managing Director of Eurasia.]]>
Mon, 16 Apr 2007 07:17:00 +0100
Eurasia announces new platinum discovery in Western Russia
First pass drill results included 44.6 meters grading 1.7 grams per tonne and 18.5 meters grading 1.9 grams per tonne of platinum and palladium. Eurasia's entire exploration budget is being funded by Anglo Platinum, who has agreed to spend US$10 million for a 40% interest in Eurasia licences. All the mineralised zones were intersected at depths shallower than 200 meters, and Eurasia intend to carry out additional drilling in the summer season.

Christian Schaffalitzky, Managing Director, added: "We are delighted with these first results from Volchetundra which reveal a totally new discovery of thick zones of PGM mineralization in a previously virgin intrusive. We are excited by the opportunity of exploring around this discovery. We are particularly encouraged by the occurrence of two types of higher unit value (Pt current price $1,200/ounce = $40 per gm, Pd $320/ounce = $10/gm), and the upper thick unit being Palladium dominant. Such differences are typical of major deposits such as the Bushveld or the deposits under evaluation by Puma and Barrick 70km to the east of Volchetundra."

Shares in Eurasia rose 6.5% to 4.2p on the encouraging news.
Mon, 26 Mar 2007 08:16:00 +0100
Eurasia encouraged by drilling results at Monchetundra
Drill results from a program finished over the summer drilling season, returned several holes with good grades and intersects including 8.4 grams per tonne Platinum + Palladium over 3.6 meters from 187 meters.

Managing Director Christian Schaffalitzky said: “The results endorse the potential for platinum group metals (PGM) mineralisation on the Monchetundra licence. Although this is still an early step in our assessment of its commercial potential, we are particularly encouraged by the substantial widths and relatively high platinum to palladium ratio of the mineralisation, in view of the fact that the price of platinum is approximately three times higher than palladium. We look forward to additional results over the coming months.”

Eurasia intend to follow up with an additional 4000 meter during the summer drilling window in 2007. Eurasia Mining is also advancing the West Kytlim Platinum Alluvial Project via a 50/50 joint venture with Anglo Platinum and harepeatedlyly announced its intention to acquire an advanced gold project.

Shares in Eurasia were slightly up at 5.25valuingng the company at just over £6 million.]]>
Wed, 15 Nov 2006 09:29:00 +0000