Eurasia Mining PLC Company Presentation (9809I)
March 26 2018 - 11:53AM
UK Regulatory
TIDMEUA
RNS Number : 9809I
Eurasia Mining PLC
26 March 2018
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
Company Presentation
Eurasia Mining, an established platinum, Platinum Group Mineral
("PGM") and gold mining and exploration company is pleased to
announce it will be presenting at two events this coming week
commencing 26(th) March 2018.
Eurasia, in association with Bankex (www.Bankex.com), a fintech
company focused on the tokenisation of assets, will be
co-presenting at the Standard and Poor's Global Platts NORTH
AMERICAN DIGITAL COMMODITIES SUMMIT on March 26, 2018 in New
York:
https://www.platts.com/events/americas/north-american-digital-commodities/index
Subsequently, Eurasia Mining are attending the Mining Investment
Asia conference in Singapore, 27-28 March 2018 in Singapore:
https://www.mininginvestmentasia.com/
Eurasia are collaborating with Bankex to explore the potential
for applying blockchain based solutions to develop resource sector
mining projects, although there can be no guarantee at this stage
that this will be achieved.
The rationale for the early stage collaboration is that the
majority of PGM mined for industrial uses are used in industry to
clean exhaust fumes in diesel and gasoline drivetrains and in much
larger engines at oil refineries and chemical plants. These 'Green
Metals' are particularly important in protecting the environment
for future generations, and will continue to find applications in a
more carbon efficient future. Eurasia and Bankex are interesting in
exploring the possibility of creating a special purpose vehicle to
apply blockchain based solutions to developing Green Metals mining
projects.
Further information on this early stage collaboration will be
provided in due course. More information on Bankex can be found on
their website( www.Bankex.com).
Christian Schaffalitzky, Executive Chairman at Eurasia Mining
commented - "Eurasia have tracked recent developments in the world
of blockchain technology and its potential application to resource
project development and are very pleased to work with Bankex to
explore opportunities in this space. "
About Eurasia
As set out in the announcement dated 24 January 2018, Eurasia's
68% owned West Kytlim alluvial platinum mine is entering its first
year of full production in 2018. Separately, approved resources
within Eurasia's 80% owned Monchetundra Project on the Kola
Peninsula comprise 1.9 million ounces palladium equivalent (Russian
standard C1 and C2 categories) (see announcement dated 5 December
2017).
In addition, Eurasia maintain a right to participate in up to
67% of the Semenovsky Gold in Mine Tailings Project, a project
demonstrating near term gold production potential.
Enquiries:
Eurasia Mining Plc
Christian Schaffalitzky
+44 (0)207 932 0418
WH Ireland Limited
Katy Mitchell / James Sinclair-Ford
+44 (0)161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPGUUAWUPRGAQ
(END) Dow Jones Newswires
March 26, 2018 11:53 ET (15:53 GMT)
Eurasia Mining (LSE:EUA)
Historical Stock Chart
From Apr 2024 to May 2024
Eurasia Mining (LSE:EUA)
Historical Stock Chart
From May 2023 to May 2024