Interims show Eurasia on track with Russian assets
Eurasia Mining continues to make strong progress with its PGM assets in Russia
Company
Eurasia Mining PLC
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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Eurasia Mining is progressing towards submitting its mining license application for the 1.9 mln ounces Monchetundra PGM project in Russia
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Eurasia Mining granted discovery certificate at Monchetundra
With the granting of the discovery certificate Eurasia can now move on to apply for a license to mine
Eurasia Mining well-positioned in what will potentially be a major new PGM producing area
Eurasia Mining is making significant progress with its Russian platinum projects
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This operation, which is now being costed, comprises crushing, grinding and leaching circuits, with subsequent recovery of gold from leach solutions via a Merill Crowe Machine. At Semenovsky, this would involve bypassing the initial crushin
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"The application for the award of a Discovery Certificate has already commenced, and following that, Eurasia will be entitled for a Production License."
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Eurasia Mining looks at new loan as production picks up
A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement,
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With its diverse portfolio of precious metals assets in Russia at various stages of development, Eurasia says it's "steadily securing its future"
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Russian firm SKRS has agreed to new production targets under a 17 year schedule
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Eurasia Mining says officals vetting feasibilty study for Monchetundra
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Eurasia Mining extends MOU at Semenovsky tailings project
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Eurasia Mining arranges £1mln loan facility
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Eurasia Mining looking to further de-risk Monchetundra development
The latter has been granted exclusive due diligence at the site until January 15 next year..
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Eurasia Mining to bring in contractor to run Monchetundra
Eurasia wants to appoint an engineering firm to run the operation in a similar manner to the royalty agreement signed in May at West Kytlim
Eurasia Mining draws down a further £100,000
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