EURASIA MINING PLC muß man beobachten !!!! - 500 Beiträge pro Seite
eröffnet am 23.04.06 22:07:42 von
neuester Beitrag 04.05.07 14:16:47 von
neuester Beitrag 04.05.07 14:16:47 von
Beiträge: 49
ID: 1.055.432
ID: 1.055.432
Aufrufe heute: 0
Gesamt: 2.154
Gesamt: 2.154
Aktive User: 0
ISIN: GB0003230421 · WKN: 928489 · Symbol: EUH
0,0180
EUR
+20,00 %
+0,0030 EUR
Letzter Kurs 04.12.23 Frankfurt
Werte aus der Branche Rohstoffe
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 7,5000 | +44,79 | |
| 3,0660 | +20,71 | |
| 1,4600 | +17,17 | |
| 0,7770 | +15,63 | |
| 4,6900 | +15,52 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 8,8800 | -14,12 | |
| 9,3300 | -14,17 | |
| 7,8100 | -15,93 | |
| 0,6601 | -26,22 | |
| 46,34 | -98,00 |
Feedback
EURASIA MINING PLC Aktueller Kurs (Berlin, 21.04.2006 18:17)
Letzter Kurs: 0,140 WKN: 928489
Veränd. abs.: +0,086 Symbol: EUH
Veränd. in %: +159,26 % ISIN: GB0003230421
Partner von Ashanti und Anglo Platinum
diese NEWS bringt den Durchbruch
EURASIA ENTDECKT REINES PLATIN-ALLUVIAL ABLAGERUNG AN WESTKYTLIM, URALS, RUSSLAND Eurasia, das plc gewinnt, freut sich, um über die Entdeckung von einem vorher unbekanntem zu berichten und unmined alluvial Platinablagerung auf Teilen der Tylai Flußterrassen in seiner Westkytlim Lizenz in den zentralen Urals von Rußland. Bohrgerätresultate vom ersten Quer über dem Terrassedurchschnitt 335 Milligramme pro Kubikmeßinstrument (mg/m3 - die Standardmethode des Berichtens über Bohrgerät resultiert für alluvial Ablagerungen), über einer Oberflächenbreite von 320 Metern (M) und einer durchschnittlichen Stärke der Details 3.2m. der Resultate werden auf der Web site www.eurasiamining.co.uk der Firma zur Verfügung gestellt. Die Ablagerung liegt unter 1 - 8m von unfruchtbarem Flußsediment, das bisher die Ablagerung von der vorhergehenden gewinnentätigkeit verborgen hat. Die Resultate sind mit Erforschungmodell Eurasias gleichbleibend, das dieses Ziel als seiend ungefähr 5 Kilometer lang auf der Südseite von diesem Fluß mit einem geschätzten Gesamtpotential von 5.1 Million Kubikmeßinstrumenten gekennzeichnet hat. Ein Sekunde bis jetzt ungetestetes Ziel bleibt, auf der Nordseite des Tylai Flusses erforscht zu werden. Zusätzlich zu dieser reinen Entdeckung und gefunden worden nahe den Oberläufen des Tylai Flusses, hat eine zweite Bohrgerätdurchquerung bei Bolshoya Sosvovka das Material gekennzeichnet, das beide Rückstände von einem früheren ausbaggernden Betrieb enthält und Blöcke des Restes unmined Material, dem Durchschnitte 320 mg/m3 Oberfläche von den Überstärken 3.6 to15.3 m. Eurasias der Arbeit ein mögliches Volumen von 3.7 Million m3 über einer Oberflächenbreite von ca. 200 m und von möglicher Länge von 2 Kilometern anzeigt. Ein intensives bohrenprogramm fährt mit dem Ziel des Abgrenzens der Blöcke während fort dieses (2006) Sommers mit einem Betrieb Test-gewonnen zu werden und verarbeitet worden der Mineralisierung,, der von Eurasia konstruiert worden ist. Zusätzliche Zielbereiche innerhalb des Lizenzbereichs haben, schon festgesetzt zu werden. Kommentierend die Resultate, sagte geschäftsführender Geschäftsführer christliches Schaffalitzky: "wir freuen uns, die Früchte unserer Arbeit bei Westkytlim zu sehen. Zwei mögliche Bereiche der Produktion sind gekennzeichnet worden. Da die Hauptkosten für das Bergbau dieser Projekte bescheiden sind, geholfen, indem sie die Ausrüstung verwenden, die von unserem lokalen Partner besessen wird, erwartet Eurasia, Bargeldumlauf 2007 zu sehen, wenn eine Bergbauerlaubnis rechtzeig zu der Sommerjahreszeit erreicht wird. Wir beabsichtigen ein Projekt, das würde produzieren mindestens 15.000 Unzen Platin pro Jahr." Ein lokalisierter ungefähr 350 Kilometer Norden von Ekaterinburg in der Urals Region von Westrußland, das Westkytlim Projekt wird innerhalb des Urals alluvial Platinriemens aufgestellt, der historisch das drittgrößte Platin war, Region der Welt nach dem Bushveld in Südafrika und Norilsk in Rußland produzierend. Der Kytlim Bezirk selbst hat ungefähr 50 Tonnen (1.6 Million Unzen) alluvial Platin bis jetzt produziert. Eurasia und Angloplatin, der größte Platinproduzent in der Welt, arbeiten gemeinsam auf dem Urals Programm durch ihr begrenztes 50:50 die Joint Venture Firma Urals Alluvial Platin. Angloplatin finanziert 100% von Kosten bis zur Beendigung einer Durchführbarkeitsanalyse. Die Joint Venture hält ein 75% Interesse am Westkytlim Projekt, wenn das restliche Interesse von Production gehalten ist, Artel Yuzhno-Zaozersky Priisk, ein lokales erfolgreiches Platin und Goldminenfirma. Die Erforschunglizenz umfaßt einen Bereich von 171 KM2 über einem Entwässerungssystem, das teilweise für alluvial Platin in der Vergangenheit durch die ausbaggernden und manuellen Methoden bearbeitet wurde. Die Joint Venture zielt vorher unbearbeiteten und ungetesteten Terrassekies, sowie die Rückstände von der letzten Produktion, die überarbeitet werden kann, um Restplatin mit modernen Verfahrenstechniken zurückzugewinnen. Die Erforschunglizenzbezeichnung läuft im Dezember 2008 ab, währenddessen eine Bergbaulizenz sie ersetzen würde. Ein konkurrenzfähiges Erforschung- und Entwicklungsprogramm ist unterwegs auf dem Bereich, zum der frühen Entwicklung zu erleichtern. Die ausführliche Bohrung für eine Durchführbarkeitsanalyse auf zwei Zielbereichen begann im September 2005 und die ersten Bohrgerätresultate haben eine einleitende Einschätzung des Hilfsmittelpotentials erlaubt. Testbergbau wird aufgenommen, um beim Bergbau verwendet zu werden Betriebsmittel und die Verarbeitungsmethoden zu bestätigen die. Die Zielsetzung ist, Produktion 2007, anmaßende erfolgreiche Bewilligung einer Bergbauerlaubnis zu beginnen. Die Verarbeitung des alluvial Sediments ist prinzipiell einfach, mit Aushöhlung und dem Waschen der Platin-Lager Sedimente durchgeführt, damit ein schweres Mineralkonzentrat produziert wird. Dieses Konzentrat besteht aus Platin-reichen Partikeln sowie andere schwere Mineralien wie Chromeisenerz und Magnetit. Dieses Konzentrat wird weiter verarbeitet, um das Platinkonzentrat zu verlassen, das hauptsächlich aus einer Minerallegierung besteht, die isoferroplatinum genannt wird. Die Platinkonzentration dieser Legierung reicht von 78 bis 89%, mit Eisen und das Kupfer, das die meisten vom Rest, mit Spur Gold, Silber und anderem Platin enthält, gruppiert Metalle. Dieses Material wird direkt an Raffinerien verkauft, wenn die Zahlung auf dem zurückgewonnenen Metall basiert ist. Da dieses Material hoher Grad ist, sind die Raffinierung Kosten verglichen mit den Sulfid-reichen Materialien minimales, die den Hauptteil der Platinproduktion der Welt bilden. Hilfsmittelschätzungen für alluvial Projekte werden unterschiedlich zu denen konstruiert, die auf Mineralablagerungen des harten Felsens errechnet werden. Die Grade werden als das zurückgewonnene Gewicht des Platinkonzentrates gemessen gegen das Volumen der probierten oder extrahierten Sedimente berichtet. Die Bohrung der Proben fährt auf ein Rasterfeld fort, das für Zustimmung der Reserven durch die russischen Behörden - ein wesentlicher Schritt für das Erreichen einer Bergbauerlaubnis bestimmt wird. Bei Westkytlim stellen zwei drillhole Profile, eins auf jedem Zielbereich, eine frühe Anzeige über den Grad des Platins, die Verteilung des Metalls in den Sedimenten und die Stärke und der Umfang einer mineralisierten Schichten zur Verfügung. Eine Anzahl von kleinen Produzenten in den Urals extrahieren ökonomisch Platin an den Graden von 100 bis 150 mg/m3. Eurasia wird über die Hilfsmittelschätzungen berichten, die bei den russischen Behörden eingereicht werden und diese werden durch Eurasia und Angloplatin zu diesem Zweck revidiert. Ein Entwicklung Plan wird gründete auf diesen Schätzungen produziert und, dem Bewilligen der notwendigen Erlaubnis folgend, kann Produktion sofort beginnen. Die durchgeführte Arbeit und die technischen Informationen stellten in dieser Freigabe sind überprüft worden von EurGeol Christian Schaffalitzky, PGeo, FIMMM, CEng, das eine qualifizierte Person unter Börseregelungen ist und autorisiert worden durch Urals das Alluvial Platin zur Verfügung, das begrenzt wurde, um diese Freigabe zu bilden. Eurasia ist eine Mineralerforschungfirma, die auf Platin und Golderforschung in Rußland sich spezialisiert. Zusätzlich zu seinen Urals Erforschunginteressen Eurasia Einflüssen drei Lizenzen, die 475 quadratische Kilometer auf der Kolabaum-Halbinsel in Nordwestrußland zusammenzählen, die abhängig von einer ähnlichen Joint Venture mit Angloplatin sind. Die Firma läßt auch ein Erforschungbündnis von AngloGold Ashanti hinsichtlich ist der Golderforschung finanzieren in Ostsibirien.
Wir beabsichtigen ein Projekt, das würde produzieren mindestens 15.000 Unzen Platin pro Jahr."
das wären z.ZT 16,8 MIO$$ pro Jahr bei einer MK von 7 MIO
Letzter Kurs: 0,140 WKN: 928489
Veränd. abs.: +0,086 Symbol: EUH
Veränd. in %: +159,26 % ISIN: GB0003230421
Partner von Ashanti und Anglo Platinum
diese NEWS bringt den Durchbruch
EURASIA ENTDECKT REINES PLATIN-ALLUVIAL ABLAGERUNG AN WESTKYTLIM, URALS, RUSSLAND Eurasia, das plc gewinnt, freut sich, um über die Entdeckung von einem vorher unbekanntem zu berichten und unmined alluvial Platinablagerung auf Teilen der Tylai Flußterrassen in seiner Westkytlim Lizenz in den zentralen Urals von Rußland. Bohrgerätresultate vom ersten Quer über dem Terrassedurchschnitt 335 Milligramme pro Kubikmeßinstrument (mg/m3 - die Standardmethode des Berichtens über Bohrgerät resultiert für alluvial Ablagerungen), über einer Oberflächenbreite von 320 Metern (M) und einer durchschnittlichen Stärke der Details 3.2m. der Resultate werden auf der Web site www.eurasiamining.co.uk der Firma zur Verfügung gestellt. Die Ablagerung liegt unter 1 - 8m von unfruchtbarem Flußsediment, das bisher die Ablagerung von der vorhergehenden gewinnentätigkeit verborgen hat. Die Resultate sind mit Erforschungmodell Eurasias gleichbleibend, das dieses Ziel als seiend ungefähr 5 Kilometer lang auf der Südseite von diesem Fluß mit einem geschätzten Gesamtpotential von 5.1 Million Kubikmeßinstrumenten gekennzeichnet hat. Ein Sekunde bis jetzt ungetestetes Ziel bleibt, auf der Nordseite des Tylai Flusses erforscht zu werden. Zusätzlich zu dieser reinen Entdeckung und gefunden worden nahe den Oberläufen des Tylai Flusses, hat eine zweite Bohrgerätdurchquerung bei Bolshoya Sosvovka das Material gekennzeichnet, das beide Rückstände von einem früheren ausbaggernden Betrieb enthält und Blöcke des Restes unmined Material, dem Durchschnitte 320 mg/m3 Oberfläche von den Überstärken 3.6 to15.3 m. Eurasias der Arbeit ein mögliches Volumen von 3.7 Million m3 über einer Oberflächenbreite von ca. 200 m und von möglicher Länge von 2 Kilometern anzeigt. Ein intensives bohrenprogramm fährt mit dem Ziel des Abgrenzens der Blöcke während fort dieses (2006) Sommers mit einem Betrieb Test-gewonnen zu werden und verarbeitet worden der Mineralisierung,, der von Eurasia konstruiert worden ist. Zusätzliche Zielbereiche innerhalb des Lizenzbereichs haben, schon festgesetzt zu werden. Kommentierend die Resultate, sagte geschäftsführender Geschäftsführer christliches Schaffalitzky: "wir freuen uns, die Früchte unserer Arbeit bei Westkytlim zu sehen. Zwei mögliche Bereiche der Produktion sind gekennzeichnet worden. Da die Hauptkosten für das Bergbau dieser Projekte bescheiden sind, geholfen, indem sie die Ausrüstung verwenden, die von unserem lokalen Partner besessen wird, erwartet Eurasia, Bargeldumlauf 2007 zu sehen, wenn eine Bergbauerlaubnis rechtzeig zu der Sommerjahreszeit erreicht wird. Wir beabsichtigen ein Projekt, das würde produzieren mindestens 15.000 Unzen Platin pro Jahr." Ein lokalisierter ungefähr 350 Kilometer Norden von Ekaterinburg in der Urals Region von Westrußland, das Westkytlim Projekt wird innerhalb des Urals alluvial Platinriemens aufgestellt, der historisch das drittgrößte Platin war, Region der Welt nach dem Bushveld in Südafrika und Norilsk in Rußland produzierend. Der Kytlim Bezirk selbst hat ungefähr 50 Tonnen (1.6 Million Unzen) alluvial Platin bis jetzt produziert. Eurasia und Angloplatin, der größte Platinproduzent in der Welt, arbeiten gemeinsam auf dem Urals Programm durch ihr begrenztes 50:50 die Joint Venture Firma Urals Alluvial Platin. Angloplatin finanziert 100% von Kosten bis zur Beendigung einer Durchführbarkeitsanalyse. Die Joint Venture hält ein 75% Interesse am Westkytlim Projekt, wenn das restliche Interesse von Production gehalten ist, Artel Yuzhno-Zaozersky Priisk, ein lokales erfolgreiches Platin und Goldminenfirma. Die Erforschunglizenz umfaßt einen Bereich von 171 KM2 über einem Entwässerungssystem, das teilweise für alluvial Platin in der Vergangenheit durch die ausbaggernden und manuellen Methoden bearbeitet wurde. Die Joint Venture zielt vorher unbearbeiteten und ungetesteten Terrassekies, sowie die Rückstände von der letzten Produktion, die überarbeitet werden kann, um Restplatin mit modernen Verfahrenstechniken zurückzugewinnen. Die Erforschunglizenzbezeichnung läuft im Dezember 2008 ab, währenddessen eine Bergbaulizenz sie ersetzen würde. Ein konkurrenzfähiges Erforschung- und Entwicklungsprogramm ist unterwegs auf dem Bereich, zum der frühen Entwicklung zu erleichtern. Die ausführliche Bohrung für eine Durchführbarkeitsanalyse auf zwei Zielbereichen begann im September 2005 und die ersten Bohrgerätresultate haben eine einleitende Einschätzung des Hilfsmittelpotentials erlaubt. Testbergbau wird aufgenommen, um beim Bergbau verwendet zu werden Betriebsmittel und die Verarbeitungsmethoden zu bestätigen die. Die Zielsetzung ist, Produktion 2007, anmaßende erfolgreiche Bewilligung einer Bergbauerlaubnis zu beginnen. Die Verarbeitung des alluvial Sediments ist prinzipiell einfach, mit Aushöhlung und dem Waschen der Platin-Lager Sedimente durchgeführt, damit ein schweres Mineralkonzentrat produziert wird. Dieses Konzentrat besteht aus Platin-reichen Partikeln sowie andere schwere Mineralien wie Chromeisenerz und Magnetit. Dieses Konzentrat wird weiter verarbeitet, um das Platinkonzentrat zu verlassen, das hauptsächlich aus einer Minerallegierung besteht, die isoferroplatinum genannt wird. Die Platinkonzentration dieser Legierung reicht von 78 bis 89%, mit Eisen und das Kupfer, das die meisten vom Rest, mit Spur Gold, Silber und anderem Platin enthält, gruppiert Metalle. Dieses Material wird direkt an Raffinerien verkauft, wenn die Zahlung auf dem zurückgewonnenen Metall basiert ist. Da dieses Material hoher Grad ist, sind die Raffinierung Kosten verglichen mit den Sulfid-reichen Materialien minimales, die den Hauptteil der Platinproduktion der Welt bilden. Hilfsmittelschätzungen für alluvial Projekte werden unterschiedlich zu denen konstruiert, die auf Mineralablagerungen des harten Felsens errechnet werden. Die Grade werden als das zurückgewonnene Gewicht des Platinkonzentrates gemessen gegen das Volumen der probierten oder extrahierten Sedimente berichtet. Die Bohrung der Proben fährt auf ein Rasterfeld fort, das für Zustimmung der Reserven durch die russischen Behörden - ein wesentlicher Schritt für das Erreichen einer Bergbauerlaubnis bestimmt wird. Bei Westkytlim stellen zwei drillhole Profile, eins auf jedem Zielbereich, eine frühe Anzeige über den Grad des Platins, die Verteilung des Metalls in den Sedimenten und die Stärke und der Umfang einer mineralisierten Schichten zur Verfügung. Eine Anzahl von kleinen Produzenten in den Urals extrahieren ökonomisch Platin an den Graden von 100 bis 150 mg/m3. Eurasia wird über die Hilfsmittelschätzungen berichten, die bei den russischen Behörden eingereicht werden und diese werden durch Eurasia und Angloplatin zu diesem Zweck revidiert. Ein Entwicklung Plan wird gründete auf diesen Schätzungen produziert und, dem Bewilligen der notwendigen Erlaubnis folgend, kann Produktion sofort beginnen. Die durchgeführte Arbeit und die technischen Informationen stellten in dieser Freigabe sind überprüft worden von EurGeol Christian Schaffalitzky, PGeo, FIMMM, CEng, das eine qualifizierte Person unter Börseregelungen ist und autorisiert worden durch Urals das Alluvial Platin zur Verfügung, das begrenzt wurde, um diese Freigabe zu bilden. Eurasia ist eine Mineralerforschungfirma, die auf Platin und Golderforschung in Rußland sich spezialisiert. Zusätzlich zu seinen Urals Erforschunginteressen Eurasia Einflüssen drei Lizenzen, die 475 quadratische Kilometer auf der Kolabaum-Halbinsel in Nordwestrußland zusammenzählen, die abhängig von einer ähnlichen Joint Venture mit Angloplatin sind. Die Firma läßt auch ein Erforschungbündnis von AngloGold Ashanti hinsichtlich ist der Golderforschung finanzieren in Ostsibirien.
Wir beabsichtigen ein Projekt, das würde produzieren mindestens 15.000 Unzen Platin pro Jahr."
das wären z.ZT 16,8 MIO$$ pro Jahr bei einer MK von 7 MIO
durch die Decke
und noch das dazu
Metalle. Eurasia Gold. Erhält Zustimmung für das Listing an TSX
Metalle. Eurasia Gold. Erhält Zustimmung für das Listing an TSX
Antwort auf Beitrag Nr.: 21.299.292 von hainholz am 24.04.06 17:38:47Eurasia mining share price
Price 10.38p
Change +2.25p
Change % +27.71 %
Year high 8.12p
Year low 3.12p
London fix metal prices
neues ATH in London
Price 10.38p
Change +2.25p
Change % +27.71 %
Year high 8.12p
Year low 3.12p
London fix metal prices
neues ATH in London
schön an zu sehen!!
Trading Spotlight
Antwort auf Beitrag Nr.: 21.299.673 von hainholz am 24.04.06 18:03:45 http://www.eurasiamining.co.uk/
Antwort auf Beitrag Nr.: 21.299.819 von hainholz am 24.04.06 18:12:38gerade nochmal günstig geworden!!
Antwort auf Beitrag Nr.: 21.289.034 von hainholz am 23.04.06 22:07:42zum ausklang nochmal etwas günstiger
Antwort auf Beitrag Nr.: 21.301.251 von hainholz am 24.04.06 19:51:11und prompt zum Schnupperpreis geordert
und die Fonds sind auch schon drin
Eurasia Mining PLC
Major Shareholders
103.76m 5p Ords
Firebird Funds 11.93%
R B Rowan 8.26%
Ferrier Lullin & Cie SA 5.78%
Raffles Associates LP 3.85%
El Oro Mining & Exp Co PLC 3.35%
Gartmore Growth Opportunities 3.13%
C Schaffalitzky 1.77%
G C FitzGerald 1.15%
Other Dirs 0.88%
21st April 2006
Eurasia Mining PLC
Major Shareholders
103.76m 5p Ords
Firebird Funds 11.93%
R B Rowan 8.26%
Ferrier Lullin & Cie SA 5.78%
Raffles Associates LP 3.85%
El Oro Mining & Exp Co PLC 3.35%
Gartmore Growth Opportunities 3.13%
C Schaffalitzky 1.77%
G C FitzGerald 1.15%
Other Dirs 0.88%
21st April 2006
Man nütze die Gunst der Stunde,bevor die Gazetten aufmerksam werden
LONDON (SHARECAST) - Eurasia Bergbau stieg nah an einer 12-month Höhe heute an, nachdem es über die Entdeckung von einem vorher unbekanntem berichtete und alluvial Platinablagerung in seiner Westkytlim Lizenz in den zentralen Urals von Rußland unmined. Die Ablagerung liegt unter 1 bis 8m von unfruchtbarem Flußsediment, das bis jetzt die Ablagerung von der vorhergehenden gewinnentätigkeit verborgen hat, sagte die Gruppe. Das Ziel wird berechnet, um ungefähr 5 Kilometer lang auf der Südseite des Tylai Flusses mit einem geschätzten Gesamtpotential 5.1m der Kubikmeßinstrumente zu sein. Ein Sekunde bis jetzt ungetestetes Ziel bleibt, auf der Nordseite erforscht zu werden. Geschäftsführender Geschäftsführer christliches Schaffalitzky, das gesagt wird, ", da die Hauptkosten für das Bergbau dieser Projekte bescheiden sind, geholfen, indem sie die Ausrüstung verwenden, die von unserem lokalen Partner besessen wird, Eurasia erwartet, Bargeldumlauf 2007 zu sehen, wenn eine Bergbauerlaubnis wird erreicht rechtzeig zu der Sommerjahreszeit." "wir beabsichtigen ein Projekt, das würde produzieren mindestens 15.000 Unzen Platin pro Jahr."
Close | Print
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Exercise of Warrants
RNS Number:0391C
Eurasia Mining PLC
26 April 2006
26 April 2006
EURASIA MINING PLC
Exercise of Warrants and Convertible Redeemable Loan Notes 2008
Eurasia Mining plc ('the Company') announces that on 24 April 2006 the following
holders of Unsecured Convertible Redeemable Loan Notes (the 'Loan Notes')
elected to convert the following number of Loan Notes into new ordinary shares
in the share capital of the Company at a price of 5p per ordinary share.
Registered Holder Number of Loan Principal Amount Number of ordinary shares (following
Notes conversion of the Loan Notes)
City Equities 20 £200,000 4,000,000
(Nominees) Limited
Terence Arthur Cross 2 £20,000 400,000
and Jean Cross
On the same date, City Equities (Nominees) Limited exercised the following
number of warrants to subscribe for ordinary shares in the company at a price of
5p per share (the 'Warrants'):
Registered Holder Number of Warrants Principal Amount Number of ordinary shares (following
exercise of the Warrants)
City Equities 4,000,000 £200,000 4,000,000
(Nominees) Limited
Application will be made for the ordinary shares created pursuant to both the
conversion of the Loan Notes and the exercise of the Warrants (the 'New Ordinary
Shares') to be admitted to trading on AIM. Admission is expected to take place
on 3 May 2006.
The total number of issued ordinary shares in the Company, including the New
Ordinary Shares, will be 112,161,717 ordinary shares.
For further information contact:
Christian Schaffalitzky, Eurasia Mining plc Tel: +44 (0) 20 7976 1222
David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644
This information is provided by RNS
The company news service from the London Stock Exchange
END
CONPUUGGCUPQGCQ
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Exercise of Warrants
RNS Number:0391C
Eurasia Mining PLC
26 April 2006
26 April 2006
EURASIA MINING PLC
Exercise of Warrants and Convertible Redeemable Loan Notes 2008
Eurasia Mining plc ('the Company') announces that on 24 April 2006 the following
holders of Unsecured Convertible Redeemable Loan Notes (the 'Loan Notes')
elected to convert the following number of Loan Notes into new ordinary shares
in the share capital of the Company at a price of 5p per ordinary share.
Registered Holder Number of Loan Principal Amount Number of ordinary shares (following
Notes conversion of the Loan Notes)
City Equities 20 £200,000 4,000,000
(Nominees) Limited
Terence Arthur Cross 2 £20,000 400,000
and Jean Cross
On the same date, City Equities (Nominees) Limited exercised the following
number of warrants to subscribe for ordinary shares in the company at a price of
5p per share (the 'Warrants'):
Registered Holder Number of Warrants Principal Amount Number of ordinary shares (following
exercise of the Warrants)
City Equities 4,000,000 £200,000 4,000,000
(Nominees) Limited
Application will be made for the ordinary shares created pursuant to both the
conversion of the Loan Notes and the exercise of the Warrants (the 'New Ordinary
Shares') to be admitted to trading on AIM. Admission is expected to take place
on 3 May 2006.
The total number of issued ordinary shares in the Company, including the New
Ordinary Shares, will be 112,161,717 ordinary shares.
For further information contact:
Christian Schaffalitzky, Eurasia Mining plc Tel: +44 (0) 20 7976 1222
David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644
This information is provided by RNS
The company news service from the London Stock Exchange
END
CONPUUGGCUPQGCQ
nicht nur Platin in der Pipeline
Östliche Rußland Erforschungbündnis Schlüsseltatsachen, die Eurasia neues Erforschungbündnis 2005 mit AngloGold begrenztes Ashanti, größte minenfirma der Welt an zweiter Stelle GoldangloGold Ashanti, um erstes $2m der Erforschungaufwendung Eurasia zu finanzieren herstellt, handhaben Programme, um Durchführbarkeitsphase zu projizieren Eurasia hat auf der Schätzung der vorgerückten Golderforschungziele und der möglichen Entwicklung Gelegenheiten in Ostrußland für die letzten zwei Jahre gearbeitet. Das neue Erforschungbündnis, das mit AngloGold Ashanti gebildet wird (' AGA ') stellt eine Anerkennung der festen Arbeit dar, die während dieser Zeit aufgenommen wird und wird Landerfahrung und -erforschungmanagementfähigkeiten Eurasias mit Betriebsmitteln und vorgerückter technischer Fähigkeit AGAs kombinieren. Unter den Bezeichnungen des Bündnisses zahlt AGA eine Eintragung Gebühr von $100.000 und finanziert das erste $2m der Erforschungaufwendung, um ein 50% Interesse an den Goldprojektgelegenheiten zu erwerben, die bis jetzt resultierend aus Arbeit Eurasias in der Region gekennzeichnet werden. Folgende Ausgabe wird gleichmäßig zwischen den Partnern geteilt. Eurasia handhat das Programm bis zum Durchführbarkeitsanalysestadium auf jedem einzelnen Projekt. Das östliche Rußland geologische Klima, besonders in der Nähe des Durchschnitts Seitenränder der tectonic Platte des Sibiriers und Mongolia/China, stellt ein von ausgestattet gut dar, dennoch erforschte Miete systematisch Regionen der Welt für harte Felsengoldablagerungen. Historische Produktion in der Region wurde durch Seifenerzbergbau des alluvial Goldes beherrscht. Seit dem mittleren 20. Jahrhundert sind eine Anzahl von großen harten Felsenablagerungen erforscht worden und entwickelt worden. Gesamtbetriebsmittel in diesen Ablagerungen, einschließlich vorhergehende Produktion und bekannte Reserven, steht gut über 65 Million Unzen oder 2.000 Tonnen Gold. Eurasia/AGA hat vor kurzem eine Erforschungunterseite in Ostrußland hergestellt und wird diese neue Unterseite, um seine Anwesenheit zu verstärken verwenden und die Kennzeichnung, die Schätzung und den Erwerb der Goldprojekte diesbezüglich zu beschleunigen außergewöhnlich gut-ausgestattete Region. Sichern Sie © Eurasia 2006 Urheberrecht, das Plc. Home Aufstellungsortdiagramm Verzicht-privacy policy gewinnt
65 Mio Unzen GOLD
Östliche Rußland Erforschungbündnis Schlüsseltatsachen, die Eurasia neues Erforschungbündnis 2005 mit AngloGold begrenztes Ashanti, größte minenfirma der Welt an zweiter Stelle GoldangloGold Ashanti, um erstes $2m der Erforschungaufwendung Eurasia zu finanzieren herstellt, handhaben Programme, um Durchführbarkeitsphase zu projizieren Eurasia hat auf der Schätzung der vorgerückten Golderforschungziele und der möglichen Entwicklung Gelegenheiten in Ostrußland für die letzten zwei Jahre gearbeitet. Das neue Erforschungbündnis, das mit AngloGold Ashanti gebildet wird (' AGA ') stellt eine Anerkennung der festen Arbeit dar, die während dieser Zeit aufgenommen wird und wird Landerfahrung und -erforschungmanagementfähigkeiten Eurasias mit Betriebsmitteln und vorgerückter technischer Fähigkeit AGAs kombinieren. Unter den Bezeichnungen des Bündnisses zahlt AGA eine Eintragung Gebühr von $100.000 und finanziert das erste $2m der Erforschungaufwendung, um ein 50% Interesse an den Goldprojektgelegenheiten zu erwerben, die bis jetzt resultierend aus Arbeit Eurasias in der Region gekennzeichnet werden. Folgende Ausgabe wird gleichmäßig zwischen den Partnern geteilt. Eurasia handhat das Programm bis zum Durchführbarkeitsanalysestadium auf jedem einzelnen Projekt. Das östliche Rußland geologische Klima, besonders in der Nähe des Durchschnitts Seitenränder der tectonic Platte des Sibiriers und Mongolia/China, stellt ein von ausgestattet gut dar, dennoch erforschte Miete systematisch Regionen der Welt für harte Felsengoldablagerungen. Historische Produktion in der Region wurde durch Seifenerzbergbau des alluvial Goldes beherrscht. Seit dem mittleren 20. Jahrhundert sind eine Anzahl von großen harten Felsenablagerungen erforscht worden und entwickelt worden. Gesamtbetriebsmittel in diesen Ablagerungen, einschließlich vorhergehende Produktion und bekannte Reserven, steht gut über 65 Million Unzen oder 2.000 Tonnen Gold. Eurasia/AGA hat vor kurzem eine Erforschungunterseite in Ostrußland hergestellt und wird diese neue Unterseite, um seine Anwesenheit zu verstärken verwenden und die Kennzeichnung, die Schätzung und den Erwerb der Goldprojekte diesbezüglich zu beschleunigen außergewöhnlich gut-ausgestattete Region. Sichern Sie © Eurasia 2006 Urheberrecht, das Plc. Home Aufstellungsortdiagramm Verzicht-privacy policy gewinnt
65 Mio Unzen GOLD
und schon wieder Big News
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange\'s Regulatory News Service.
Eurasia Mining PLC - Kola exploration starts
RNS Number:2344C
Eurasia Mining PLC
02 May 2006
Two million dollar programme begins with drilling on Kola platinum project
2 May 2006: AiM-quoted Eurasia Mining (EUA) has started a US $2 million
exploration programme on its recently-acquired Kola Peninsula platinum projects
in northwest Russia.
Drilling is underway on one of the company\'s three Kola licence areas, West
Imandra, where Eurasia plans an initial 10-12 drill hole campaign. It will focus
on targets that have already yielded encouraging grades of over 1 gram per tonne
of platinum group metals (g/t PGM) at the surface, on a zone extending for at
least 7 km and potentially 20 km based on regional geology.
Anglo Platinum, the world\'s largest platinum producer, is wholly funding the
programme as Eurasia\'s joint venture partner. Under the terms of the agreement,
a total of US $10 million expenditure from Anglo Platinum will earn them an
initial 40% interest in the three Kola projects. This initial $2 million
programme represents Anglo\'s entire budget for Kola for 2006. The programme is
being managed by Eurasia.
Eurasia CEO Christian Schaffalitzky said: \'We are excited about starting
exploration in this prospective area. Although West Imandra is the least
advanced of the three Kola projects, access conditions have allowed us an early
start to drilling at the beginning of the field season. We look forward to
seeing the results and extending our drilling programmes to the other two Kola
licence areas.\'
A number of other target zones on the southeastern flank of the Yevgeny massif
at West Imandra will also be tested in an area not previously drilled for
platinum. Here, PGM values up to 2.9 g/t over one metre width were reported in
previous trenching.
Eurasia is a mineral exploration company specialising in platinum and gold
exploration in Russia. In addition to its three licences totalling 475 square
kilometres on the Kola Peninsula, Eurasia holds exploration interests in the
Urals where the company recently announced a new discovery. Both projects are
subject to joint ventures with Anglo Platinum. The company also has an
exploration alliance funded by AngloGold Ashanti concerning gold exploration in
eastern Siberia.
Further details will be published at www.eurasiamining.co.uk.
For further information contact:
Christian Schaffalitzky / Michael Martineau, Eurasia Mining Plc:
+44 (0) 20 7495 4877
Laurie Beevers, W H Ireland:
+44 (0) 7903 164 004
Sarah Samworth, First City Financial Public Relations:
+44 (0) 20 7436 7486
+44 (0) 7977 276 023
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLUWABRNRRSUAR
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange\'s Regulatory News Service.
Eurasia Mining PLC - Kola exploration starts
RNS Number:2344C
Eurasia Mining PLC
02 May 2006
Two million dollar programme begins with drilling on Kola platinum project
2 May 2006: AiM-quoted Eurasia Mining (EUA) has started a US $2 million
exploration programme on its recently-acquired Kola Peninsula platinum projects
in northwest Russia.
Drilling is underway on one of the company\'s three Kola licence areas, West
Imandra, where Eurasia plans an initial 10-12 drill hole campaign. It will focus
on targets that have already yielded encouraging grades of over 1 gram per tonne
of platinum group metals (g/t PGM) at the surface, on a zone extending for at
least 7 km and potentially 20 km based on regional geology.
Anglo Platinum, the world\'s largest platinum producer, is wholly funding the
programme as Eurasia\'s joint venture partner. Under the terms of the agreement,
a total of US $10 million expenditure from Anglo Platinum will earn them an
initial 40% interest in the three Kola projects. This initial $2 million
programme represents Anglo\'s entire budget for Kola for 2006. The programme is
being managed by Eurasia.
Eurasia CEO Christian Schaffalitzky said: \'We are excited about starting
exploration in this prospective area. Although West Imandra is the least
advanced of the three Kola projects, access conditions have allowed us an early
start to drilling at the beginning of the field season. We look forward to
seeing the results and extending our drilling programmes to the other two Kola
licence areas.\'
A number of other target zones on the southeastern flank of the Yevgeny massif
at West Imandra will also be tested in an area not previously drilled for
platinum. Here, PGM values up to 2.9 g/t over one metre width were reported in
previous trenching.
Eurasia is a mineral exploration company specialising in platinum and gold
exploration in Russia. In addition to its three licences totalling 475 square
kilometres on the Kola Peninsula, Eurasia holds exploration interests in the
Urals where the company recently announced a new discovery. Both projects are
subject to joint ventures with Anglo Platinum. The company also has an
exploration alliance funded by AngloGold Ashanti concerning gold exploration in
eastern Siberia.
Further details will be published at www.eurasiamining.co.uk.
For further information contact:
Christian Schaffalitzky / Michael Martineau, Eurasia Mining Plc:
+44 (0) 20 7495 4877
Laurie Beevers, W H Ireland:
+44 (0) 7903 164 004
Sarah Samworth, First City Financial Public Relations:
+44 (0) 20 7436 7486
+44 (0) 7977 276 023
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLUWABRNRRSUAR
Antwort auf Beitrag Nr.: 21.336.991 von hainholz am 26.04.06 21:32:35z.Zt.wieder unter Pari zu London
EURASIA MINING PLC
Christian Schaffalitzky (MD)
Eurasia Mining plc is a precious metals exploration and development company working in the former Soviet Union, mainly in Russia. The company is working on one project close to mining and four others at various stages of exploration. In the Urals, Eurasia is proving up an alluvial platinum project where production is expected to start in 2007, assuming the necessary permits are obtained. In the Kola peninsula, the company is working on three bedrock platinum targets in layered ultramafic complexes. Both areas are being explored in joint venture with Anglo Platinum who currently fund all exploration. A gold exploration programme is co-funded by AngloGold Ashanti in Eastern Siberia.
Christian Schaffalitzky (MD)
Eurasia Mining plc is a precious metals exploration and development company working in the former Soviet Union, mainly in Russia. The company is working on one project close to mining and four others at various stages of exploration. In the Urals, Eurasia is proving up an alluvial platinum project where production is expected to start in 2007, assuming the necessary permits are obtained. In the Kola peninsula, the company is working on three bedrock platinum targets in layered ultramafic complexes. Both areas are being explored in joint venture with Anglo Platinum who currently fund all exploration. A gold exploration programme is co-funded by AngloGold Ashanti in Eastern Siberia.
Antwort auf Beitrag Nr.: 21.582.023 von hainholz am 14.05.06 23:13:41ein schlafender Riese
Antwort auf Beitrag Nr.: 21.582.023 von hainholz am 14.05.06 23:13:41
http://www.eurasiamining.co.uk/downloads/EUAInterim2…
http://www.eurasiamining.co.uk/downloads/EUAInterim2…
The world's largest platinum producer Anglo Platinum is to provide funding for mining exploration in Russia.
Exploration cost funding of $2 million will be handed to London-listed firm Eurasia Mining, as it attempts to develop three deposits of platinum in the Kola peninsula, north-west Russia.
That is just one part of a $10 million deal that will see Anglo earn 40 per cent interest on the three sites.
"Most of the platinum in the world comes from two places: the Bushveld (in South Africa), which dominates the industry, and Norilsk, where it's a by-product from a base metal operation," Christian Schaffalitzky, the managing director of Eurasia, told Reuters.
"Outside of those two areas, identified projects that look attractive for platinum are fairly thin on the ground. We believe that in our Kola projects, we've got three very good ones."
Eurasia will also start mining another deposit located in the Ural mountains in the summer of 2007.
Exploration cost funding of $2 million will be handed to London-listed firm Eurasia Mining, as it attempts to develop three deposits of platinum in the Kola peninsula, north-west Russia.
That is just one part of a $10 million deal that will see Anglo earn 40 per cent interest on the three sites.
"Most of the platinum in the world comes from two places: the Bushveld (in South Africa), which dominates the industry, and Norilsk, where it's a by-product from a base metal operation," Christian Schaffalitzky, the managing director of Eurasia, told Reuters.
"Outside of those two areas, identified projects that look attractive for platinum are fairly thin on the ground. We believe that in our Kola projects, we've got three very good ones."
Eurasia will also start mining another deposit located in the Ural mountains in the summer of 2007.
Antwort auf Beitrag Nr.: 21.853.446 von hainholz am 28.05.06 21:58:20sie sind und bleiben immer "noch" unenddeckt
Antwort auf Beitrag Nr.: 22.135.076 von hainholz am 15.06.06 20:56:20Es ist klar,wer hier einsteigt muß etwas Zeit mitbringen.
In englischen Boards geht man von 40 Pence bis Jahresende aus
In englischen Boards geht man von 40 Pence bis Jahresende aus
Antwort auf Beitrag Nr.: 22.148.047 von hainholz am 16.06.06 13:43:09 announcements - news story
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Final Results
RNS Number:3662E
Eurasia Mining PLC
9 June 2006
Eurasia Mining Plc
9 June 2006
PRELIMINARY ANNOUNCEMENT OF AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2005
Chairman's Statement
It is a pleasure to report to you this year as our company embarks on the major voyage that it has been charting for
over two years. The company has completed the acquisition of four important platinum projects that will see substantial
investment this year at no cost to shareholders. We are managing these projects together with our partner Anglo Platinum
Limited and are starting new gold ventures, partly in alliance with AngloGold Ashanti Limited.
In February 2006 we announced an agreement for the purchase of two Russian companies holding three exploration licences
in the Kola peninsula near Murmansk in northwest Russia. Here, early results lead us to believe that exploration work
could lead to the discovery of significant platinum mineralization. Anglo Platinum agrees with us and through our joint
venture company we have commenced a work programme. This year we are undertaking a $2 million programme that will be
funded by Anglo Platinum but as work progresses we expect this to accelerate in 2007. Anglo Platinum is funding the
first $10 million of expenditure as part of our joint venture agreement, explained more fully in the Operations Report.
We are very encouraged by the early results from these areas and look forward to reporting on our work as the field
season progresses.
In the Urals, we were finally reissued with the exploration licence on the West Kytlim area for alluvial platinum and
fieldwork began immediately. The first drill rig arrived on site in September and work continued into the winter. We
reported our first detailed results to you in April 2006 and this has confirmed our confidence in this project. The
excellent results hold out promise for the first two target areas, one of which is a new discovery. If work progresses
as planned this summer we hope to lodge an application for a mining licence for production in 2007. The aim of the
programme is to design a project capable of producing 15,000 ounces of platinum per annum, beginning in 2007. Further
exploration work will also be focused on other targets in the licence area, which could add to the potential.
In Siberia, we have been working with AngloGold Ashanti Limited on a number of gold targets and exploration projects for
which further information will be provided when final title has been established. Our efforts have been concentrated on
areas where there has been historic alluvial production from placer mining for decades but where bedrock exploration is
at an early stage. Our agreement provides for the first $2 million of expenditure to be provided by AngloGold Ashanti
before Eurasia begins to contribute an equal proportion of expenditure. In addition, the company has been assessing a
number of gold production opportunities in conjunction with a potential Russian partner.
In summary, we believe that Eurasia's work over the past two years has now borne fruit and we look forward to developing
the company into a significant presence in Russia. This development is set against a background of a changed mining
industry, both in Russia and worldwide. The major rise in commodity prices over the last three years is the main driving
force behind a dramatic increase in activity. The industry has become very competitive as a growing army of mining
companies move to secure mineral assets. At the same time, the increased activity has led to a shortage in both manpower
and materials, increasing capital and operating costs. However, we have deliberately held back from moving too quickly
in the current market, combining our own independent work with partnerships that spread the risk and reduce overheads on
higher risk activities. The plan in the coming year is to build on this solid platform and use the imminent revenue from
production to strengthen and expand our portfolio.
At the moment the company has a small and experienced board and management team that will be expanded as the company
grows. On a sad note, John Mitchell passed away during the year. John was a founder director and former chairman of the
company and his advice and support will be missed.
None of our success would have been possible without the dedication of our small but talented executive team based in
London, together with our professional staff working in Russia. Many of our Russian staff have been with the company for
some time and have sustained our efforts when life was not easy. On behalf of you all I thank them and look forward to
us all reaping the rewards in the coming years.
Dr. Michael Martineau
Chairman
OPERATIONS REPORT
Over the past twelve months Eurasia has completed the acquisition of four projects on which it has been working for
several years. This delay arose due to the formalities involved in completing both licence agreements as well as the
corporate transactions. In order to bring shareholders up to date with these projects this report summarises the
technical background of these areas, the results obtained to date, their potential and the plans for the future. The
information includes results up to April 2006.
Urals Alluvial Platinum Joint Venture
The Urals Alluvial Platinum project is a 50:50 joint venture with Anglo Platinum Limited, the largest platinum metal
producer in the world. It is operated by Eurasia through jointly owned Urals Alluvial Platinum Limited, a Cyprus
registered company. The joint venture commenced work in 2000 and has worked on a number of licences, seeking
economically viable alluvial platinum deposits in the Urals. This work is funded 100% by Anglo until a project
feasibility study has been completed. This year most of the work has concentrated on detailed appraisal of the West
Kytlim area.
Historical production of platinum from alluvials in the Urals region over the past 150 years totals some 500 tonnes (16
million ounces), and small scale production continues today. The joint venture has identified small platinum resources
over the last 5 years but to date most of these have been too small to be viable for the joint venture.
The joint venture continues to assess new areas for their platinum potential. Currently the West Kytlim licence is the
only area held but it is expected that new areas will be applied for in the near future.
For a number of years the joint venture has been seeking to acquire an interesting area in the central Urals where it
seemed that significant untested potential for large alluvial platinum concentrations remained. In March 2005 an
exploration licence was granted for the West Kytlim area but work commenced only in September as a number of detailed
administrative issues had first to be clarified.
West Kytlim
Located approximately 350 km north of Ekaterinburg, the Kytlim district itself has produced approximately 50 tonnes (1.6
million ounces) of alluvial platinum to date. The joint venture holds a 75% interest in the West Kytlim project, with
the remaining interest held by Production Artel Yuzhno-Zaozersky Priisk, a successful local alluvial platinum and gold
mining company.
The exploration licence covers an area of 171km2 over a drainage system which was partially worked for alluvial platinum
in the past by dredging and manual methods. The joint venture is targeting previously unworked and untested terrace
gravels, as well as the tailings from past production which can be reworked to recover residual platinum using modern
processing technologies.
In April the first drill hole results were announced that have allowed a preliminary assessment of the resource
potential of two targets in the licence area. The two targets tested are terraces to the south of the Tylai River and a
smaller area on the Bolshoya Sosnovka river, a tributary of the Tylai.
Drill results from the first traverse across the Tylai terraces average 335 milligrams per cubic metre (mg/m3 - the
standard method of reporting drill results for alluvial deposits) over a surface width of 320 metres (m) and an average
thickness of 3.2m. Details of the results are provided on the company's web site www.eurasiamining.co.uk.
The deposit lies under 1 - 8m of barren river sediment which hitherto has concealed the deposit from previous mining
activity. The results are consistent with Eurasia's exploration model, which has identified this target as being
approximately 5 km long on the south side of this river with an estimated total potential volume of 5.1 million m3. A
second as yet untested target remains to be explored on the north side of the Tylai river.
In addition to this virgin discovery and located near the headwaters of the Tylai river, a second drill traverse at
Bolshoya Sosnovka has identified material comprising both tailings from an earlier dredging operation and blocks of
remnant un-mined material that average 320 mg/m3 from surface, over thicknesses of 3.6 to15.3m. Eurasia's work indicates
a potential volume of 3.7 million m3 over a surface width of some 200m and a potential length of 2 km. A number of small
producers in the Urals are economically extracting platinum at grades of 100 to 150 mg/m3.
An intensive drilling programme continues with the aim of delineating blocks of mineralisation to be test-mined and
processed during this (2006) summer using a plant that has been constructed by Eurasia. Additional target areas within
the licence area have yet to be assessed by drilling.
Following test mining and the definition of mineable reserves, a mining permit will be applied for. Processing of
alluvial sediment is simple in principle, with excavation and washing of the platinum bearing sediments carried out so
that a heavy minerals concentrate is produced. This concentrate consists of platinum rich particles as well as other
heavy minerals such as chromite and magnetite. This concentrate is further processed to leave the platinum concentrate,
which consists primarily of a mineral alloy called isoferroplatinum. The platinum concentration of this alloy ranges
from 78% to 89% with iron and copper comprising most of the remainder, with trace gold, silver and other platinum group
metals. This material is sold directly to refineries, with payment based on the recovered metal. As this material is
high grade the refining costs are minimal compared to the sulphide rich materials forming the bulk of the world's
platinum production.
Resource estimates for alluvial projects are constructed differently from those calculated on hard rock mineral
deposits. The grades are reported as the recovered weight of platinum concentrate measured against the volume of
sediments sampled or extracted. Drilling of samples proceeds on a grid which is designed for approval of reserves by the
Russian authorities - an essential step for obtaining a mining permit. At West Kytlim, two drillhole profiles, one on
each target area, provide an early indication of the grade of platinum, the distribution of metal in the sediments and
the thickness and extent of the mineralised layers.
So far two potential areas of production have been identified. As the capital costs for mining these projects are
modest, helped by using equipment owned by our local partner, Eurasia expects to see cash flow in 2007 if a mining
permit is obtained in time for the summer season.
Other Urals Areas
A licence held 75% by Eurasia's subsidiary Eurasia PGM Limited has recently been renewed at Baronskoye. Here Eurasia
discovered palladium-gold mineralisation in 2001 and outlined an area which may have potential for the development of a
small open pit project. Work this year is looking at metallurgical options which will determine the economics for such a
project.
Kola Peninsula
In February 2006 Eurasia agreed to acquire two companies which hold three exploration licences in Murmansk Oblast
(region) in northwest Russia. This followed a long period of negotiation with the vendors while early exploration work
was underway. The three areas were acquired because of their good potential for bedrock platinum mineralisation. While
Eurasia had been seeking to acquire these projects for two years, the company was joined in late 2005 by its partner in
the Urals project, Anglo Platinum Limited.
The agreement to acquire a 100% interest in three large exploration areas on the Kola Peninsula in Murmansk Oblast,
Russia was met by paying $1.5 million and issuing 10 million new Ordinary Shares in Eurasia. The three licence areas are
Volchetundra, held by ZAO Yuksporskaya Mining Company, and Monchetundra and West Imandra, held by Joint Stock Company
Terskaya Mining Company. Simultaneously, Eurasia agreed with Rustenburg Platinum Mines Limited (Cyprus) (RPM), a wholly
owned subsidiary of Anglo Platinum Limited, to include these projects in their existing joint venture, by Eurasia
selling an 80% interest in the Russian companies into the 50:50 joint venture company, Urals Alluvial Platinum Limited.
RPM will acquire their interest by providing $1 million as part of the total consideration. On completion, Eurasia will
hold a 60% interest in the Kola projects.
Under the agreement, RPM will fund the first $10 million of Kola expenditure before both parties fund in proportion to
their equity interest. On completion of a bankable feasibility study or the completion of the $10 million expenditure,
whichever is the sooner, RPM have 90 days to purchase the 20% held by Eurasia for $6 million or $5 per ounce of platinum
group metals in Russian C1 and C2 categories, whichever is the lesser. Should RPM exercise this option, Eurasia would
hold 40% of the projects through UAP. RPM can also opt to require UAP to purchase this interest under the same
conditions. Exploration expenditure totalling approximately $589,000 incurred during 2004 and 2005 has also been
refunded to the vendors, of which Eurasia's liability represented $246,000.
The licences are located within 30 kilometres of the town of Monchegorsk in the centre of the Murmansk region. The town
has been a centre of mining and metal refining since the 1930s, principally of nickel and copper with PGM as by-product.
Iron mining is also an important industry located to the north of Monchegorsk. Consequently, good rail, road and power
infrastructure is in place in what would otherwise be a remote area north of the Arctic Circle. PGM mineralization was
discovered in 1996, associated with ultramafic and mafic intrusive complexes that extend over several hundred
kilometers. Exploration has only been carried out in recent years but with increasingly favourable results. Two other
western companies have been working on PGM exploration for a number of years, namely Barrick Gold and Consolidated Puma,
a company controlled by Bema Gold.
West Imandra
This exploration licence comprises a large area of 229 square kilometres and is granted for five years up to 30th
January 2009. Only early stage exploration for PGM has been undertaken with some trenching and drilling carried out
previously for chromite. The main targets for exploration are several prospective horizons in a large intrusion hosting
important layered units of chromitite towards the base and magnetite with anorthosite towards the top, both often
associated with PGM mineralisation. A sample from outcrop of a chromitite unit has assayed platinum at 1g/t. A recent
trench on anorthosite below the magnetite layers gave 2.94g/t of PGMs over a 1 metre-thick zone. The work programme for
2006 involves till geochemistry, geophysics and diamond drilling.
Volchetundra
This licence area, totalling 210 square kilometres, is situated some 20km northeast of the town of Monchegorsk. The
licence was granted for a period of five years that expires on the 15th July 2008.
The target geological feature in this area is a north-south, 40km long, 2-4 km wide early Proterozoic mafic intrusive
comprising mainly gabbros and anorthosites with ultramafic rocks at their base. These were intruded into Archaean
gneisses and developed a dioritic contact zone on the eastern basal contact of the intrusion. The western contact
appears to be tectonic.
Early stage exploration work has identified sulphide rich zones near the base of the intrusion. The northern half of the
area has been surveyed by till sampling and geochemistry with several anomalies defined for drill testing. Early stage
mapping, rock sampling and trenching have identified several bedrock targets for PGM. At the southern end of the
licence, weak nickel-cobalt mineralization is known from exploration work in the 1960s but has never been tested for
PGM.
Results of bedrock sampling in trench and outcrop have yielded a number of targets with anomalous PGM. Two zones are of
particular interest: one with grades of 0.7 g/t of platinum group metals over a thickness of 10 metres, and a second,
4.7 g/t of platinum, 4.6 g/t of palladium and 2 g/t of gold over a thickness of 2.6 metres.
The drill programme for 2006 will test the geochemical anomalies and also some of the early rock outcrop targets.
Further rock sampling, mapping and trenching will be carried out on the former base metal target areas.
Monchetundra
The Monchetundra exploration licence is granted for five years expiring on the 30th August 2009. The area is smaller,
approximately 36 square kilometres but is centred on four PGM rich horizons identified from previous sampling and
drilling.
The target horizons are located near the base of an ultramafic-mafic intrusive complex, with a complex geological
history. Later structures have disrupted the central part of the area but despite this the four target horizons can be
seen and correlated over several kilometres. The platinum bearing horizons show different characteristics. Two are
palladium rich while the other two carry higher platinum grades. High grade results include intersections of 3.58 to
38.78 grams per tonne (g/t) of combined platinum and palladium over intervals of 0.4 to 2.8 metres. Lower grade
intersections at some points overlap and extend beyond them - for example 35.9 metres and 13.4 metres of 1.94 g/t and
2.2 g/t of combined platinum and palladium, respectively. The work completed to date allows Eurasia to plan a detailed
drilling programme for 2006 to assess continuity along strike and down dip. There is good evidence that the zones are
continuous, except in an area where faulting has disrupted the geology.
The 2006 work programme will concentrate on detailing the structure of the zones identified, in particular those with
potential for a near surface open pit type of mine development. The drill programme will commence in July and can
continue all year round, due to its proximity to Monchegorsk city and ease of access.
AngloGold Ashanti Exploration Alliance
In 2005 Eurasia established an exploration alliance with AngloGold Ashanti Limited, the world's number two gold
producer, covering gold and related mineral exploration and possible development projects in eastern Siberia. The
alliance combines our country experience and exploration management skills in the region with AngloGold Ashanti's
technical and financial resources.
The Eastern Siberian geological environment represents one of the best endowed, yet least systematically explored
regions of the world for hard rock gold deposits. Historic production in the region was dominated by placer mining of
alluvial gold. Since the mid 20th Century a number of large hard rock deposits have been explored and developed. Total
resources in these deposits, including previous production and known reserves, stands well in excess of 65 million
ounces, or 2,000 tonnes of gold.
The agreement gives AngloGold Ashanti the exclusive right to participate in projects proposed by Eurasia, which has
been appraising potential prospects in the region. AngloGold Ashanti is funding the first $2 million of exploration
spending in recognition of Eurasia's work to date. Subsequent spending will be shared equally.
Our objective is to participate in the rapid advancement of a number of projects towards feasibility study. The
exploration alliance extends the range and type of projects in which Eurasia can participate within this highly
prospective but increasingly more competitive environment for gold project development. The alliance has already lodged
applications for licences to explore in five areas and is optimistic of being able to commence work on several of them
during the 2006 field season.
The company also continues independently to seek projects that will add value to our portfolio by reviewing and
potentially bidding for both prospective mineral ground as well as advanced stage projects elsewhere in the country. In
this regard the company is working with a potential Russian partner to jointly acquire advanced gold development and
exploration properties.
C Schaffalitzky
Managing Director
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Final Results
RNS Number:3662E
Eurasia Mining PLC
9 June 2006
Eurasia Mining Plc
9 June 2006
PRELIMINARY ANNOUNCEMENT OF AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2005
Chairman's Statement
It is a pleasure to report to you this year as our company embarks on the major voyage that it has been charting for
over two years. The company has completed the acquisition of four important platinum projects that will see substantial
investment this year at no cost to shareholders. We are managing these projects together with our partner Anglo Platinum
Limited and are starting new gold ventures, partly in alliance with AngloGold Ashanti Limited.
In February 2006 we announced an agreement for the purchase of two Russian companies holding three exploration licences
in the Kola peninsula near Murmansk in northwest Russia. Here, early results lead us to believe that exploration work
could lead to the discovery of significant platinum mineralization. Anglo Platinum agrees with us and through our joint
venture company we have commenced a work programme. This year we are undertaking a $2 million programme that will be
funded by Anglo Platinum but as work progresses we expect this to accelerate in 2007. Anglo Platinum is funding the
first $10 million of expenditure as part of our joint venture agreement, explained more fully in the Operations Report.
We are very encouraged by the early results from these areas and look forward to reporting on our work as the field
season progresses.
In the Urals, we were finally reissued with the exploration licence on the West Kytlim area for alluvial platinum and
fieldwork began immediately. The first drill rig arrived on site in September and work continued into the winter. We
reported our first detailed results to you in April 2006 and this has confirmed our confidence in this project. The
excellent results hold out promise for the first two target areas, one of which is a new discovery. If work progresses
as planned this summer we hope to lodge an application for a mining licence for production in 2007. The aim of the
programme is to design a project capable of producing 15,000 ounces of platinum per annum, beginning in 2007. Further
exploration work will also be focused on other targets in the licence area, which could add to the potential.
In Siberia, we have been working with AngloGold Ashanti Limited on a number of gold targets and exploration projects for
which further information will be provided when final title has been established. Our efforts have been concentrated on
areas where there has been historic alluvial production from placer mining for decades but where bedrock exploration is
at an early stage. Our agreement provides for the first $2 million of expenditure to be provided by AngloGold Ashanti
before Eurasia begins to contribute an equal proportion of expenditure. In addition, the company has been assessing a
number of gold production opportunities in conjunction with a potential Russian partner.
In summary, we believe that Eurasia's work over the past two years has now borne fruit and we look forward to developing
the company into a significant presence in Russia. This development is set against a background of a changed mining
industry, both in Russia and worldwide. The major rise in commodity prices over the last three years is the main driving
force behind a dramatic increase in activity. The industry has become very competitive as a growing army of mining
companies move to secure mineral assets. At the same time, the increased activity has led to a shortage in both manpower
and materials, increasing capital and operating costs. However, we have deliberately held back from moving too quickly
in the current market, combining our own independent work with partnerships that spread the risk and reduce overheads on
higher risk activities. The plan in the coming year is to build on this solid platform and use the imminent revenue from
production to strengthen and expand our portfolio.
At the moment the company has a small and experienced board and management team that will be expanded as the company
grows. On a sad note, John Mitchell passed away during the year. John was a founder director and former chairman of the
company and his advice and support will be missed.
None of our success would have been possible without the dedication of our small but talented executive team based in
London, together with our professional staff working in Russia. Many of our Russian staff have been with the company for
some time and have sustained our efforts when life was not easy. On behalf of you all I thank them and look forward to
us all reaping the rewards in the coming years.
Dr. Michael Martineau
Chairman
OPERATIONS REPORT
Over the past twelve months Eurasia has completed the acquisition of four projects on which it has been working for
several years. This delay arose due to the formalities involved in completing both licence agreements as well as the
corporate transactions. In order to bring shareholders up to date with these projects this report summarises the
technical background of these areas, the results obtained to date, their potential and the plans for the future. The
information includes results up to April 2006.
Urals Alluvial Platinum Joint Venture
The Urals Alluvial Platinum project is a 50:50 joint venture with Anglo Platinum Limited, the largest platinum metal
producer in the world. It is operated by Eurasia through jointly owned Urals Alluvial Platinum Limited, a Cyprus
registered company. The joint venture commenced work in 2000 and has worked on a number of licences, seeking
economically viable alluvial platinum deposits in the Urals. This work is funded 100% by Anglo until a project
feasibility study has been completed. This year most of the work has concentrated on detailed appraisal of the West
Kytlim area.
Historical production of platinum from alluvials in the Urals region over the past 150 years totals some 500 tonnes (16
million ounces), and small scale production continues today. The joint venture has identified small platinum resources
over the last 5 years but to date most of these have been too small to be viable for the joint venture.
The joint venture continues to assess new areas for their platinum potential. Currently the West Kytlim licence is the
only area held but it is expected that new areas will be applied for in the near future.
For a number of years the joint venture has been seeking to acquire an interesting area in the central Urals where it
seemed that significant untested potential for large alluvial platinum concentrations remained. In March 2005 an
exploration licence was granted for the West Kytlim area but work commenced only in September as a number of detailed
administrative issues had first to be clarified.
West Kytlim
Located approximately 350 km north of Ekaterinburg, the Kytlim district itself has produced approximately 50 tonnes (1.6
million ounces) of alluvial platinum to date. The joint venture holds a 75% interest in the West Kytlim project, with
the remaining interest held by Production Artel Yuzhno-Zaozersky Priisk, a successful local alluvial platinum and gold
mining company.
The exploration licence covers an area of 171km2 over a drainage system which was partially worked for alluvial platinum
in the past by dredging and manual methods. The joint venture is targeting previously unworked and untested terrace
gravels, as well as the tailings from past production which can be reworked to recover residual platinum using modern
processing technologies.
In April the first drill hole results were announced that have allowed a preliminary assessment of the resource
potential of two targets in the licence area. The two targets tested are terraces to the south of the Tylai River and a
smaller area on the Bolshoya Sosnovka river, a tributary of the Tylai.
Drill results from the first traverse across the Tylai terraces average 335 milligrams per cubic metre (mg/m3 - the
standard method of reporting drill results for alluvial deposits) over a surface width of 320 metres (m) and an average
thickness of 3.2m. Details of the results are provided on the company's web site www.eurasiamining.co.uk.
The deposit lies under 1 - 8m of barren river sediment which hitherto has concealed the deposit from previous mining
activity. The results are consistent with Eurasia's exploration model, which has identified this target as being
approximately 5 km long on the south side of this river with an estimated total potential volume of 5.1 million m3. A
second as yet untested target remains to be explored on the north side of the Tylai river.
In addition to this virgin discovery and located near the headwaters of the Tylai river, a second drill traverse at
Bolshoya Sosnovka has identified material comprising both tailings from an earlier dredging operation and blocks of
remnant un-mined material that average 320 mg/m3 from surface, over thicknesses of 3.6 to15.3m. Eurasia's work indicates
a potential volume of 3.7 million m3 over a surface width of some 200m and a potential length of 2 km. A number of small
producers in the Urals are economically extracting platinum at grades of 100 to 150 mg/m3.
An intensive drilling programme continues with the aim of delineating blocks of mineralisation to be test-mined and
processed during this (2006) summer using a plant that has been constructed by Eurasia. Additional target areas within
the licence area have yet to be assessed by drilling.
Following test mining and the definition of mineable reserves, a mining permit will be applied for. Processing of
alluvial sediment is simple in principle, with excavation and washing of the platinum bearing sediments carried out so
that a heavy minerals concentrate is produced. This concentrate consists of platinum rich particles as well as other
heavy minerals such as chromite and magnetite. This concentrate is further processed to leave the platinum concentrate,
which consists primarily of a mineral alloy called isoferroplatinum. The platinum concentration of this alloy ranges
from 78% to 89% with iron and copper comprising most of the remainder, with trace gold, silver and other platinum group
metals. This material is sold directly to refineries, with payment based on the recovered metal. As this material is
high grade the refining costs are minimal compared to the sulphide rich materials forming the bulk of the world's
platinum production.
Resource estimates for alluvial projects are constructed differently from those calculated on hard rock mineral
deposits. The grades are reported as the recovered weight of platinum concentrate measured against the volume of
sediments sampled or extracted. Drilling of samples proceeds on a grid which is designed for approval of reserves by the
Russian authorities - an essential step for obtaining a mining permit. At West Kytlim, two drillhole profiles, one on
each target area, provide an early indication of the grade of platinum, the distribution of metal in the sediments and
the thickness and extent of the mineralised layers.
So far two potential areas of production have been identified. As the capital costs for mining these projects are
modest, helped by using equipment owned by our local partner, Eurasia expects to see cash flow in 2007 if a mining
permit is obtained in time for the summer season.
Other Urals Areas
A licence held 75% by Eurasia's subsidiary Eurasia PGM Limited has recently been renewed at Baronskoye. Here Eurasia
discovered palladium-gold mineralisation in 2001 and outlined an area which may have potential for the development of a
small open pit project. Work this year is looking at metallurgical options which will determine the economics for such a
project.
Kola Peninsula
In February 2006 Eurasia agreed to acquire two companies which hold three exploration licences in Murmansk Oblast
(region) in northwest Russia. This followed a long period of negotiation with the vendors while early exploration work
was underway. The three areas were acquired because of their good potential for bedrock platinum mineralisation. While
Eurasia had been seeking to acquire these projects for two years, the company was joined in late 2005 by its partner in
the Urals project, Anglo Platinum Limited.
The agreement to acquire a 100% interest in three large exploration areas on the Kola Peninsula in Murmansk Oblast,
Russia was met by paying $1.5 million and issuing 10 million new Ordinary Shares in Eurasia. The three licence areas are
Volchetundra, held by ZAO Yuksporskaya Mining Company, and Monchetundra and West Imandra, held by Joint Stock Company
Terskaya Mining Company. Simultaneously, Eurasia agreed with Rustenburg Platinum Mines Limited (Cyprus) (RPM), a wholly
owned subsidiary of Anglo Platinum Limited, to include these projects in their existing joint venture, by Eurasia
selling an 80% interest in the Russian companies into the 50:50 joint venture company, Urals Alluvial Platinum Limited.
RPM will acquire their interest by providing $1 million as part of the total consideration. On completion, Eurasia will
hold a 60% interest in the Kola projects.
Under the agreement, RPM will fund the first $10 million of Kola expenditure before both parties fund in proportion to
their equity interest. On completion of a bankable feasibility study or the completion of the $10 million expenditure,
whichever is the sooner, RPM have 90 days to purchase the 20% held by Eurasia for $6 million or $5 per ounce of platinum
group metals in Russian C1 and C2 categories, whichever is the lesser. Should RPM exercise this option, Eurasia would
hold 40% of the projects through UAP. RPM can also opt to require UAP to purchase this interest under the same
conditions. Exploration expenditure totalling approximately $589,000 incurred during 2004 and 2005 has also been
refunded to the vendors, of which Eurasia's liability represented $246,000.
The licences are located within 30 kilometres of the town of Monchegorsk in the centre of the Murmansk region. The town
has been a centre of mining and metal refining since the 1930s, principally of nickel and copper with PGM as by-product.
Iron mining is also an important industry located to the north of Monchegorsk. Consequently, good rail, road and power
infrastructure is in place in what would otherwise be a remote area north of the Arctic Circle. PGM mineralization was
discovered in 1996, associated with ultramafic and mafic intrusive complexes that extend over several hundred
kilometers. Exploration has only been carried out in recent years but with increasingly favourable results. Two other
western companies have been working on PGM exploration for a number of years, namely Barrick Gold and Consolidated Puma,
a company controlled by Bema Gold.
West Imandra
This exploration licence comprises a large area of 229 square kilometres and is granted for five years up to 30th
January 2009. Only early stage exploration for PGM has been undertaken with some trenching and drilling carried out
previously for chromite. The main targets for exploration are several prospective horizons in a large intrusion hosting
important layered units of chromitite towards the base and magnetite with anorthosite towards the top, both often
associated with PGM mineralisation. A sample from outcrop of a chromitite unit has assayed platinum at 1g/t. A recent
trench on anorthosite below the magnetite layers gave 2.94g/t of PGMs over a 1 metre-thick zone. The work programme for
2006 involves till geochemistry, geophysics and diamond drilling.
Volchetundra
This licence area, totalling 210 square kilometres, is situated some 20km northeast of the town of Monchegorsk. The
licence was granted for a period of five years that expires on the 15th July 2008.
The target geological feature in this area is a north-south, 40km long, 2-4 km wide early Proterozoic mafic intrusive
comprising mainly gabbros and anorthosites with ultramafic rocks at their base. These were intruded into Archaean
gneisses and developed a dioritic contact zone on the eastern basal contact of the intrusion. The western contact
appears to be tectonic.
Early stage exploration work has identified sulphide rich zones near the base of the intrusion. The northern half of the
area has been surveyed by till sampling and geochemistry with several anomalies defined for drill testing. Early stage
mapping, rock sampling and trenching have identified several bedrock targets for PGM. At the southern end of the
licence, weak nickel-cobalt mineralization is known from exploration work in the 1960s but has never been tested for
PGM.
Results of bedrock sampling in trench and outcrop have yielded a number of targets with anomalous PGM. Two zones are of
particular interest: one with grades of 0.7 g/t of platinum group metals over a thickness of 10 metres, and a second,
4.7 g/t of platinum, 4.6 g/t of palladium and 2 g/t of gold over a thickness of 2.6 metres.
The drill programme for 2006 will test the geochemical anomalies and also some of the early rock outcrop targets.
Further rock sampling, mapping and trenching will be carried out on the former base metal target areas.
Monchetundra
The Monchetundra exploration licence is granted for five years expiring on the 30th August 2009. The area is smaller,
approximately 36 square kilometres but is centred on four PGM rich horizons identified from previous sampling and
drilling.
The target horizons are located near the base of an ultramafic-mafic intrusive complex, with a complex geological
history. Later structures have disrupted the central part of the area but despite this the four target horizons can be
seen and correlated over several kilometres. The platinum bearing horizons show different characteristics. Two are
palladium rich while the other two carry higher platinum grades. High grade results include intersections of 3.58 to
38.78 grams per tonne (g/t) of combined platinum and palladium over intervals of 0.4 to 2.8 metres. Lower grade
intersections at some points overlap and extend beyond them - for example 35.9 metres and 13.4 metres of 1.94 g/t and
2.2 g/t of combined platinum and palladium, respectively. The work completed to date allows Eurasia to plan a detailed
drilling programme for 2006 to assess continuity along strike and down dip. There is good evidence that the zones are
continuous, except in an area where faulting has disrupted the geology.
The 2006 work programme will concentrate on detailing the structure of the zones identified, in particular those with
potential for a near surface open pit type of mine development. The drill programme will commence in July and can
continue all year round, due to its proximity to Monchegorsk city and ease of access.
AngloGold Ashanti Exploration Alliance
In 2005 Eurasia established an exploration alliance with AngloGold Ashanti Limited, the world's number two gold
producer, covering gold and related mineral exploration and possible development projects in eastern Siberia. The
alliance combines our country experience and exploration management skills in the region with AngloGold Ashanti's
technical and financial resources.
The Eastern Siberian geological environment represents one of the best endowed, yet least systematically explored
regions of the world for hard rock gold deposits. Historic production in the region was dominated by placer mining of
alluvial gold. Since the mid 20th Century a number of large hard rock deposits have been explored and developed. Total
resources in these deposits, including previous production and known reserves, stands well in excess of 65 million
ounces, or 2,000 tonnes of gold.
The agreement gives AngloGold Ashanti the exclusive right to participate in projects proposed by Eurasia, which has
been appraising potential prospects in the region. AngloGold Ashanti is funding the first $2 million of exploration
spending in recognition of Eurasia's work to date. Subsequent spending will be shared equally.
Our objective is to participate in the rapid advancement of a number of projects towards feasibility study. The
exploration alliance extends the range and type of projects in which Eurasia can participate within this highly
prospective but increasingly more competitive environment for gold project development. The alliance has already lodged
applications for licences to explore in five areas and is optimistic of being able to commence work on several of them
during the 2006 field season.
The company also continues independently to seek projects that will add value to our portfolio by reviewing and
potentially bidding for both prospective mineral ground as well as advanced stage projects elsewhere in the country. In
this regard the company is working with a potential Russian partner to jointly acquire advanced gold development and
exploration properties.
C Schaffalitzky
Managing Director
immer bedenken,nächstes Jahr soll ein Projekt schom produzieren!
Eurasia Mining working with potential Russian partner for gold development
Article layout: raw
LONDON (AFX) - Eurasia Mining PLC said it continues independently to seek projects that will add value to the portfolio and in this regard the company is working with a potential Russian partner to jointly acquire advanced gold development and exploration properties.
The comments came alongside results for 2005 which showed a pretax loss of 1.44 mln stg compared with 1.49 mln the prior year.
During the year, Eurasia completed the acquisition of four platinum projects that will see substantial investment this year at no cost to shareholders, the board said.
Eurasia is managing these projects together with partner Anglo Platinum Ltd and is starting new gold ventures, partly in alliance with AngloGold Ashanti Ltd.
In the Urals, if work progresses as planned this summer the group said it hopes to lodge an application for a mining licence for production in 2007.
The aim of the programme is to design a project capable of producing 15,000 ounces of platinum per annum, beginning in 2007. Further exploration work will also be focused on other targets in the licence area, which could add to the potential, the company said.
The plan in the coming year is to build on the company's solid platform and use the imminent revenue from production to strengthen and expand the portfolio.
Article layout: raw
LONDON (AFX) - Eurasia Mining PLC said it continues independently to seek projects that will add value to the portfolio and in this regard the company is working with a potential Russian partner to jointly acquire advanced gold development and exploration properties.
The comments came alongside results for 2005 which showed a pretax loss of 1.44 mln stg compared with 1.49 mln the prior year.
During the year, Eurasia completed the acquisition of four platinum projects that will see substantial investment this year at no cost to shareholders, the board said.
Eurasia is managing these projects together with partner Anglo Platinum Ltd and is starting new gold ventures, partly in alliance with AngloGold Ashanti Ltd.
In the Urals, if work progresses as planned this summer the group said it hopes to lodge an application for a mining licence for production in 2007.
The aim of the programme is to design a project capable of producing 15,000 ounces of platinum per annum, beginning in 2007. Further exploration work will also be focused on other targets in the licence area, which could add to the potential, the company said.
The plan in the coming year is to build on the company's solid platform and use the imminent revenue from production to strengthen and expand the portfolio.
Antwort auf Beitrag Nr.: 22.212.172 von hainholz am 21.06.06 20:06:54Eurasia handhat diese Projekte zusammen mit Partner Angloplatin Ltd. und beginnt neue Goldwagnisse, teils im Bündnis mit AngloGold Ashanti Ltd..
Antwort auf Beitrag Nr.: 21.289.034 von hainholz am 23.04.06 22:07:42The world's largest platinum producer Anglo Platinum is to provide all the funding for mining explorations in Russia. Exploration cost funding of $2 million will be handed to London-listed firm Eurasia Mining, as it attempts to develop three deposits of platinum in the Kola peninsula, north-west Russia. That is just one part of a $10 million deal that will see Anglo earn 40 per cent interest on the three sites.
"Most of the platinum in the world comes from two places: the Bushveld (in South Africa), which dominates the industry, and Norilsk, where it's a by-product from a base metal operation," Christian Schaffalitzky, the managing director of Eurasia, told Reuters.
"Outside of those two areas, identified projects that look attractive for platinum are fairly thin on the ground. We believe that in our Kola projects, we've got three very good ones." Eurasia will also start mining another deposit located in the Ural mountains in the summer of 2007.
"Most of the platinum in the world comes from two places: the Bushveld (in South Africa), which dominates the industry, and Norilsk, where it's a by-product from a base metal operation," Christian Schaffalitzky, the managing director of Eurasia, told Reuters.
"Outside of those two areas, identified projects that look attractive for platinum are fairly thin on the ground. We believe that in our Kola projects, we've got three very good ones." Eurasia will also start mining another deposit located in the Ural mountains in the summer of 2007.
gewalti,gewaltig
Close | Print
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Drilling Report
RNS Number:1745H
Eurasia Mining PLC
03 August 2006
DRILLING UPDATE
Eurasia Mining plc, the AIM-quoted platinum metals exploration group, is pleased
to announce substantial progress on its drilling programmes in Russia. This
drilling forms part of Eurasia's $3 million work programmes for 2006, currently
wholly funded by the world's largest platinum producer, Anglo Platinum.
In the Kola Peninsula in north-west Russia, drilling programmes continue on
Eurasia's three projects: West Imandra, Volchetundra and Monchetundra. Each has
intersected horizons where geological conditions suggest platinum group metals
(PGMs) may be present.
In the central Urals, drilling at West Kytlim also continues to outline two
alluvial platinum resources that the company hopes to develop in 2007. Assays
from each of these areas are currently outstanding.
Eurasia Managing Director Christian Schaffalitzky said: 'We are looking forward
to the first assay results from our Kola projects which will enable us to begin
more advanced definition of their potential. In the meantime we are also looking
forward to the next set of sample results from our West Kytlim project where
additional traverses across the alluvial terraces and river channels have been
completed.'
At West Imandra in the Kola Peninsula, Eurasia has now completed drilling a
total of 2,300 metres in eight drill holes. These constitute the first drill
profile across the ultramafic intrusion comprising the core of the licenced
area. The profile is designed to locate PGM-bearing horizons in bedrock beneath
the glacial cover soils. The first target tested a zone of PGM mineralisation,
the presence of which was suggested in at least one horizon from surface outcrop
sampling. Here a chromite layer gave an assay of 1 gram per tonne of platinum
prior to the commencement of Eurasia's drill programme. Near this location, two
drill holes intersected four chromite horizons, with associated disseminated
sulphide mineralisation. Early drill samples have been submitted for assay in St
Petersburg. The turnaround time is long, due to heavy workloads during the
summer period, but initial results are expected in the near future, with further
results arriving through to the end of the year.
Drilling work has also commenced on the other two Kola projects, Volchetundra
and Monchetundra. In both of these areas, sulphide mineralisation has been
encountered and the programmes are continuing. Eurasia plans to drill a total of
4,000 metres on the two areas during 2006.
At West Kytlim in the central Urals, three drill rigs have been working on two
areas defined for resource drilling as part of a feasibility study underway
since October 2005. Work is progressing well, with 154 holes completed in the
first six months of 2006 totaling 2,100 metres of drilling. Also bulk sample
testing is underway on trench sample material stockpiled at the end of the 2005
field season, following modifications to the wash plant aimed at improving the
recovery of fine platinum. This plant is designed to simulate the recoveries of
a full-scale operating plant being considered for the development.
In May 2006, Eurasia announced an agreement whereby Anglo Platinum is providing
funding of up to $10 million for the Kola project in return for an initial
interest of 40%. At West Kytlim, Anglo Platinum has a 50-50 joint venture with
Eurasia and is funding all the work up to the completion of a feasibility study.
Close | Print
lse announcements - news story
The information on this page is updated via a feed from the London Stock Exchange's Regulatory News Service.
Eurasia Mining PLC - Drilling Report
RNS Number:1745H
Eurasia Mining PLC
03 August 2006
DRILLING UPDATE
Eurasia Mining plc, the AIM-quoted platinum metals exploration group, is pleased
to announce substantial progress on its drilling programmes in Russia. This
drilling forms part of Eurasia's $3 million work programmes for 2006, currently
wholly funded by the world's largest platinum producer, Anglo Platinum.
In the Kola Peninsula in north-west Russia, drilling programmes continue on
Eurasia's three projects: West Imandra, Volchetundra and Monchetundra. Each has
intersected horizons where geological conditions suggest platinum group metals
(PGMs) may be present.
In the central Urals, drilling at West Kytlim also continues to outline two
alluvial platinum resources that the company hopes to develop in 2007. Assays
from each of these areas are currently outstanding.
Eurasia Managing Director Christian Schaffalitzky said: 'We are looking forward
to the first assay results from our Kola projects which will enable us to begin
more advanced definition of their potential. In the meantime we are also looking
forward to the next set of sample results from our West Kytlim project where
additional traverses across the alluvial terraces and river channels have been
completed.'
At West Imandra in the Kola Peninsula, Eurasia has now completed drilling a
total of 2,300 metres in eight drill holes. These constitute the first drill
profile across the ultramafic intrusion comprising the core of the licenced
area. The profile is designed to locate PGM-bearing horizons in bedrock beneath
the glacial cover soils. The first target tested a zone of PGM mineralisation,
the presence of which was suggested in at least one horizon from surface outcrop
sampling. Here a chromite layer gave an assay of 1 gram per tonne of platinum
prior to the commencement of Eurasia's drill programme. Near this location, two
drill holes intersected four chromite horizons, with associated disseminated
sulphide mineralisation. Early drill samples have been submitted for assay in St
Petersburg. The turnaround time is long, due to heavy workloads during the
summer period, but initial results are expected in the near future, with further
results arriving through to the end of the year.
Drilling work has also commenced on the other two Kola projects, Volchetundra
and Monchetundra. In both of these areas, sulphide mineralisation has been
encountered and the programmes are continuing. Eurasia plans to drill a total of
4,000 metres on the two areas during 2006.
At West Kytlim in the central Urals, three drill rigs have been working on two
areas defined for resource drilling as part of a feasibility study underway
since October 2005. Work is progressing well, with 154 holes completed in the
first six months of 2006 totaling 2,100 metres of drilling. Also bulk sample
testing is underway on trench sample material stockpiled at the end of the 2005
field season, following modifications to the wash plant aimed at improving the
recovery of fine platinum. This plant is designed to simulate the recoveries of
a full-scale operating plant being considered for the development.
In May 2006, Eurasia announced an agreement whereby Anglo Platinum is providing
funding of up to $10 million for the Kola project in return for an initial
interest of 40%. At West Kytlim, Anglo Platinum has a 50-50 joint venture with
Eurasia and is funding all the work up to the completion of a feasibility study.
Antwort auf Beitrag Nr.: 23.754.778 von xtera am 04.09.06 12:13:01The AIM-quoted platinum and gold exploration group Eurasia Mining (AIM symbol:
EUA) is pleased to announce that it has appointed King & Shaxson Capital Limited
(K&S) as joint broker alongside WH Ireland Ltd, Eurasia's nominated advisor and
broker.
K&S, which has considerable experience in the mineral and mining sector, and
whose parent company, PhillipCapital Group, is based in Singapore, assisted Loeb
Aron & Company Ltd with Eurasia's £930,000 fundraising announced last week.
Eurasia Mining is now working in three regions in Russia, two of which are the
focus of exploration for platinum group metals - in the Kola Peninsula in the
north-west, and the Urals. Eurasia's exploration projects in these two areas are
currently funded by Anglo Platinum, the world's largest platinum producer. The
third project is for gold exploration in eastern Siberia and is funded by
AngloGold Ashanti.
EUA) is pleased to announce that it has appointed King & Shaxson Capital Limited
(K&S) as joint broker alongside WH Ireland Ltd, Eurasia's nominated advisor and
broker.
K&S, which has considerable experience in the mineral and mining sector, and
whose parent company, PhillipCapital Group, is based in Singapore, assisted Loeb
Aron & Company Ltd with Eurasia's £930,000 fundraising announced last week.
Eurasia Mining is now working in three regions in Russia, two of which are the
focus of exploration for platinum group metals - in the Kola Peninsula in the
north-west, and the Urals. Eurasia's exploration projects in these two areas are
currently funded by Anglo Platinum, the world's largest platinum producer. The
third project is for gold exploration in eastern Siberia and is funded by
AngloGold Ashanti.
Antwort auf Beitrag Nr.: 21.289.034 von hainholz am 23.04.06 22:07:42immer bedenken
Partner
Anglo Platinum
Anglo Gold Ashanti
Partner
Anglo Platinum
Anglo Gold Ashanti
11:41 Eurasia Mining reports 'successful' drilling results from jv licence in Russia AFX UK Focus
LONDON (AFX) - Eurasia Mining PLC said the new drill results from its joint venture Monchetundra licence in north-west Russia indicate strong potential for platinum group metals targets.
The company said the results, from drilling up until last August, show platinum plus palladium grades ranging between 1.7 and 8.4 grams per tonne (g/t) across two of the four zones currently being drilled at Monchetundra - Zone 2 and Zone 3.
Managing director Christian Schaffalitzky said: "... we are particularly encouraged by the substantial widths and relatively high platinum to palladium ratio of the mineralisation, in view of the fact that the price of platinum is approximately three times higher than palladium."
Anglo Platinum, the world's largest platinum producer, is funding the first 10 mln usd of the Monchetundra exploration spending in return for a 40 pct stake - expected to underpin operations until at least the end of 2008. Eurasia holds the remaining 60 pct stake.
Eurasia said spending at Monchetundra has to date reached around 800,000 usd with around twice that amount earmarked for the next phase of drilling. newsdesk@afxnews.com jro/lam
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
LONDON (AFX) - Eurasia Mining PLC said the new drill results from its joint venture Monchetundra licence in north-west Russia indicate strong potential for platinum group metals targets.
The company said the results, from drilling up until last August, show platinum plus palladium grades ranging between 1.7 and 8.4 grams per tonne (g/t) across two of the four zones currently being drilled at Monchetundra - Zone 2 and Zone 3.
Managing director Christian Schaffalitzky said: "... we are particularly encouraged by the substantial widths and relatively high platinum to palladium ratio of the mineralisation, in view of the fact that the price of platinum is approximately three times higher than palladium."
Anglo Platinum, the world's largest platinum producer, is funding the first 10 mln usd of the Monchetundra exploration spending in return for a 40 pct stake - expected to underpin operations until at least the end of 2008. Eurasia holds the remaining 60 pct stake.
Eurasia said spending at Monchetundra has to date reached around 800,000 usd with around twice that amount earmarked for the next phase of drilling. newsdesk@afxnews.com jro/lam
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
Der Platinpreis geht durch die Decke
Eurasia Mining ist zur Zeit mein am meisten vielversprechender Depotwert
Eurasia Mining ist zur Zeit mein am meisten vielversprechender Depotwert
Antwort auf Beitrag Nr.: 25.561.103 von wotuzu17 am 21.11.06 11:48:59Reine Platin und Palladium Explorer gibt es wenige!
durch die ETF Sache geht der Preis durch die Decke und Eurasia wird immer wertvoller
Platinum rockets 10% to record high
Heather D'Alton
Tue, 21 Nov 2006
The price of platinum has rocketed just short of 10 percent, its biggest jump in one day, to a record high.
By early trade on Tuesday, platinum soared to $1367.50 an ounce. According to analysts, the metal was boosted by the rumours that a new platinum exchange traded fund (ETF) will be launched.
Noelani King Conradie, economist at NKC Independent Economists on Tuesday said, "ETFs, often backed by the physical commodity, enable investors to trade securities on an exchange and give investors return based on commodities prices, without need to trade futures or to take physical delivery."
Christmas buying
Further support came from speculative buying on concerns of supply shortages, while demand was likely to increase from jewellers ahead of Christmas, King Conradie added.
The launch of an ETF has in the past also boosted the price of a metal, when the silver price saw its biggest leap in 11 years on reports that Barclays would launch a silver ETF in April this year.
The JSE's platinum mining index rocketed on the metal's gain, trading 8.18 percent in the black on Monday, with AngloPlat surging nine percent and Impala Platinum advancing 8.1 percent.
Palladium also gained a solid two percent, to trade at $324.50 an ounce, while gold inched up 0.1 percent, to trade at $623.10 a troy ounce in early trade on Tuesday.
Eurasia ever more valuable
durch die ETF Sache geht der Preis durch die Decke und Eurasia wird immer wertvoller
Platinum rockets 10% to record high
Heather D'Alton
Tue, 21 Nov 2006
The price of platinum has rocketed just short of 10 percent, its biggest jump in one day, to a record high.
By early trade on Tuesday, platinum soared to $1367.50 an ounce. According to analysts, the metal was boosted by the rumours that a new platinum exchange traded fund (ETF) will be launched.
Noelani King Conradie, economist at NKC Independent Economists on Tuesday said, "ETFs, often backed by the physical commodity, enable investors to trade securities on an exchange and give investors return based on commodities prices, without need to trade futures or to take physical delivery."
Christmas buying
Further support came from speculative buying on concerns of supply shortages, while demand was likely to increase from jewellers ahead of Christmas, King Conradie added.
The launch of an ETF has in the past also boosted the price of a metal, when the silver price saw its biggest leap in 11 years on reports that Barclays would launch a silver ETF in April this year.
The JSE's platinum mining index rocketed on the metal's gain, trading 8.18 percent in the black on Monday, with AngloPlat surging nine percent and Impala Platinum advancing 8.1 percent.
Palladium also gained a solid two percent, to trade at $324.50 an ounce, while gold inched up 0.1 percent, to trade at $623.10 a troy ounce in early trade on Tuesday.
Eurasia ever more valuable
Wo werden die denn noch gehandelt, außer Berlin?
Antwort auf Beitrag Nr.: 25.573.839 von 04030 am 21.11.06 20:33:44in London Kürzel EUA
http://www.eurasiamining.co.uk/default.…
http://www.eurasiamining.co.uk/default.…
Antwort auf Beitrag Nr.: 25.574.389 von hainholz am 21.11.06 20:43:29Hallo hainholz, wie soll der kurs steigen wenn man keine Aktien kaufen kann.
Gruß Walter
Gruß Walter
Antwort auf Beitrag Nr.: 25.592.485 von walterdergenaue am 22.11.06 15:48:23
Ach ja habe heute 5000 Stck. bekommen.
Ach ja habe heute 5000 Stck. bekommen.
der MM in Berlin muß nur mal welche in London besorgen.
Was soll eine Listung hier in Berlin,wenn sie nicht bedient wird.
habe dazu aber auch schon vorgesprochen.
Was soll eine Listung hier in Berlin,wenn sie nicht bedient wird.
habe dazu aber auch schon vorgesprochen.
NEWS
RNS Number:1606R Eurasia Mining PLC 13 February 2007
Eurasia Mining plc
("Eurasia" or the "Company")
Notification of Change of Interest
Following the change in the Company's total voting rights, announced on 20 January 2007, Eurasia has received notification of the following change of interest in voting rights in the Company's share capital:
JP Morgan Chase & Co indirectly holds 10,700,000 ordinary shares of 5p each in the Company, through its nominee account, JP Morgan Asset Management (UK) Limited. This holding now represents 7.60% of the total voting rights of the Company.
For more information please contact:
Christian Schaffalitzky, Eurasia Mining plc Tel: +44 (0) 20 7495 4877
J.P.Morgan strong in Eurasia
die wissen warum!!!!
RNS Number:1606R Eurasia Mining PLC 13 February 2007
Eurasia Mining plc
("Eurasia" or the "Company")
Notification of Change of Interest
Following the change in the Company's total voting rights, announced on 20 January 2007, Eurasia has received notification of the following change of interest in voting rights in the Company's share capital:
JP Morgan Chase & Co indirectly holds 10,700,000 ordinary shares of 5p each in the Company, through its nominee account, JP Morgan Asset Management (UK) Limited. This holding now represents 7.60% of the total voting rights of the Company.
For more information please contact:
Christian Schaffalitzky, Eurasia Mining plc Tel: +44 (0) 20 7495 4877
J.P.Morgan strong in Eurasia
die wissen warum!!!!
Gestern 35 % im Plus ! Hat jemand Ahnung warum ??
Antwort auf Beitrag Nr.: 28.890.958 von ogon am 19.04.07 06:42:00na,wegen den letzten News
Antwort auf Beitrag Nr.: 28.904.719 von hainholz am 19.04.07 18:30:26z. Zt. wieder auffi in London
Platinpreis bricht auch Rekord
Platinpreis bricht auch Rekord
NEWS
Barcleys Capital steigt ein !!!!!!!!!!!!!!!!!!!!
NS Number:0917W
Eurasia Mining PLC
04 May 2007
Eurasia Mining plc
("Eurasia" or the "Company")
Notification of Interest
In accordance with the Financial Services Authority's Disclosure and Transparency Rules, Eurasia has received the following notification of current interests in the voting rights in the Company's share capital:
Barclays plc, through Barclays Stockbrokers Ltd, has an indirect interest in
7,225,461 ordinary shares of 5p each in the Company, representing approximately
5.13 per cent. of the voting rights of the Company.
For more information please contact:
Christian Schaffalitzky, Eurasia Mining plc
Barcleys Capital steigt ein !!!!!!!!!!!!!!!!!!!!
NS Number:0917W
Eurasia Mining PLC
04 May 2007
Eurasia Mining plc
("Eurasia" or the "Company")
Notification of Interest
In accordance with the Financial Services Authority's Disclosure and Transparency Rules, Eurasia has received the following notification of current interests in the voting rights in the Company's share capital:
Barclays plc, through Barclays Stockbrokers Ltd, has an indirect interest in
7,225,461 ordinary shares of 5p each in the Company, representing approximately
5.13 per cent. of the voting rights of the Company.
For more information please contact:
Christian Schaffalitzky, Eurasia Mining plc
DurchsuchenBeitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Investoren beobachten auch:
| Wertpapier | Perf. % |
|---|---|
| -50,00 | |
| 0,00 | |
| +0,65 | |
| +171,43 | |
| +0,49 | |
| +0,66 | |
| 0,00 | |
| +21,74 | |
| +1,10 | |
| -0,91 |
Meistdiskutiert
| Wertpapier | Beiträge | |
|---|---|---|
| 201 | ||
| 110 | ||
| 100 | ||
| 52 | ||
| 47 | ||
| 41 | ||
| 38 | ||
| 34 | ||
| 33 | ||
| 30 |
