Metal Tiger raises funds for investment opportunities
The company currently has investments in Kibo Mining (LON:KIBO), Eurasia Mining (LON:EUA) and Ariana Resources (LON:AAU).
Company
LON:EUA
Eurasia Mining PLC is an international mining and mineral exploration company, focussed on Russia. The company's stated objective is to produce and explore for platinum group metals (PGMs) and gold through self-funded own exploration targets and joint venture partnerships with strategic operators and local partners. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company's intention to either proceed to develop the project to production or partner the project with a suitable operator.
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The company currently has investments in Kibo Mining (LON:KIBO), Eurasia Mining (LON:EUA) and Ariana Resources (LON:AAU).
Eurasia Mining (LON:EUA) said a review of financing options is underway as it looks to become a platinum producer at its West Kytlim project in Russia. The firm is waiting for a mining licence for the project with the last step awaited from