Eurasia Mining PLC (LON:EUA) said it has been granted a new exploration licence adjacent to and to the west of its current mining permit at West Kytlim in the Urals in Russia.
The Tipil licence encompasses 24.5 square kilometres of ground and contains approximately 17 kilometres of river course and sedimentary units already proven to host platinum group metal deposits at the West Kytlim project.
Geological data and historical mining information has been analysed by the company's geologists and a report compiled which justified the application as a new exploration license tenement.