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EUA Eurasia Mining Plc

1.50
0.00 (0.00%)
25 Apr 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
  0.00 0.00% 1.50 1.45 1.55 1.50 1.436 1.50 2,646,674 08:00:14
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 Company Presentation (9809I)

26/03/2018 4:53pm

UK Regulatory


Eurasia Mining (LSE:EUA)
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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)

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