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EUA Eurasia Mining Plc

1.50
0.15 (11.11%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eurasia Mining Plc LSE:EUA London Ordinary Share GB0003230421 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 11.11% 1.50 1.45 1.55 1.50 1.50 1.50 982,911 08:00:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 120k -5.84M -0.0020 -7.50 42.97M

Eurasia Mining PLC Monchetundra Project - Feasibility Study Approval (4293B)

03/04/2017 4:27pm

UK Regulatory


Eurasia Mining (LSE:EUA)
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TIDMEUA

RNS Number : 4293B

Eurasia Mining PLC

03 April 2017

Eurasia Mining plc (AIM: EUA)

("Eurasia" or the "Company")

Monchetundra Project - Feasibility Study Approval

Eurasia Mining plc, the PGM mining and exploration company, is pleased to announce that the Feasibility Study for the Monchetundra Project, submitted in late December 2016 (see RNS dated 22 December 2016) has been approved by the State Commission on Mineral Reserves ("GKZ"). An official protocol confirming this decision will now be issued by GKZ who then send the document for final approval to Rosnedra.

The Feasibility Study describes the economic extraction of reserves identified at two open pit targets on Eurasia's 80% owned Monchetundra License. Two open pittable targets have been identified at Loipishnune and at West Nittis occurring approximately two kilometers apart. Further details will be released when the reserves are officially released by Roznedra, which is the final stage for their approval under the Russian Standard.

Enquiries:

Eurasia Mining Plc

   Christian Schaffalitzky/Michael de Villiers                        +44 (0)207 932 0418 

WH Ireland Limited

   Katy Mitchell/Nick Prowting                                            +44 (0)161 832 2174 

Beaufort Securities

   Elliot Hance                                                                   +44 (0)207 382 8300 

This information is provided by RNS

The company news service from the London Stock Exchange

END

UPDZMGGDKFZGNZM

(END) Dow Jones Newswires

April 03, 2017 11:27 ET (15:27 GMT)

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