Eurasia Mining PLC Discovery Certificate Application Submitted (2113I)
June 15 2017 - 7:02AM
UK Regulatory
TIDMEUA
RNS Number : 2113I
Eurasia Mining PLC
15 June 2017
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
Discovery Certificate application for Monchetundra Reserves
officially submitted.
Further to the Company's announcement regarding state approval
of Reserves and Resources at the Monchetundra palladium and
platinum project (see RNS 31 May 2017), Eurasia is pleased to
announce that a Discovery Certificate application has officially
been lodged at Rosnedra. This certificate assigns mining rights for
the associated Reserves to the holder.
This discovery certificate application is made regarding all
Reserves and Resources which received approval at the Russian State
Agency for Subsoil use ('Rosnedra').
As previously announced, global approved Reserves and Resources
within the Monchetundra Project comprise Russian standard C1 and C2
categories of 55.9 tonnes ("t") (1.9 million ounces) palladium
equivalent (palladium and platinum) with major additional gold and
base metal credits, at two open pittable locations. The full
Reserves and Resource Statement is set out in the announcement
dated 31 May 2017.
In addition, Eurasia will be presenting at a Shares Magazine
Investor evening on Wednesday 21 June 2017, at Novotel Tower
Bridge, London EC3N 2NR. Interested parties may register for the
event at the below website;
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-london-210617
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
Enquiries:
Eurasia Mining Plc
Christian Schaffalitzky/Michael de Villiers
+44 (0)207 932 0418
WH Ireland Limited
Katy Mitchell/James Sinclair-Ford
+44 (0)161 832 2174
Beaufort Securities
Elliot Hance
+44 (0)207 382 8300
Blytheweigh
Tim Blythe/Camilla Horsfall
+44 (0)207 138 3204
Notes to Editors
Eurasia Mining Plc is a Platinum Group Minerals ("PGM")
production, development and exploration company with an exciting
portfolio of assets in Russia. It commenced its first full season
(May until late October) of production from its West Kytlim mine
this year. It is also continuing to develop its asset portfolio,
with the Monchetundra project now at Mining Licence application
stage.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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