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in London gerade 420%
Eurasia Mining PLC
Big good NEWS to day
EXPLORATION UPDATE
The Board of Eurasia is pleased to present an update for West Kytlim, following an extensive drilling and exploration work in the region:
Background
Eurasia Mining plc holds a 50% interest in Urals Alluvial Platinum Limited, owned jointly with Anglo Platinum. It in turn owns 75% of a Russian holding company that holds the West Kytlim exploration licence, with an area of 171.3 km2. Yuzhno-Zaozersky Priisk, a local mining company, holds the remaining 25% interest. All the exploration work to date has been funded by Anglo Platinum with Eurasia acting as manager and operator.
The original exploration licence was granted to UAP in 2002 and is due to expire in December 2010. As previously announced in September 2009, application has been made to convert the exploration licence into a production licence and a decision on this is still awaited. A further announcement will be made when the decision concerning the licence is known.
Alluvial Deposits
As alluvial platinum exploitation is different from bedrock platinum mining, the Board has provided the following explanation as to its operations in the area and alluvial mining generally to enable shareholders to put the exploration results provided into context.
Alluvial platinum exploitation principally involves the washing of river sediments to produce heavy mineral concentrates, from which platinum is extracted. Such deposits, referred to as placers, can be present in active river channels as well as older river beds and terraces.
There are a number of ways such deposits are exploited; Eurasia has opted for the so-called 'dry mining' approach. Where the placer occurs in steep sided valleys this involves bulldozers pushing the platinum bearing sediments, comprising sands and gravels, towards a washing plant. Coarser boulders and rocks are removed while the finer sediments are washed in specialized sluices that capture the heavier mineral fractions.
Where the placer occurs in broader flat lying areas, any barren material above the platinum bearing sediments (termed 'overburden') is often removed using a dragline excavator which may also be used to mine the productive layers.
For both methods the "black sand" concentrate from the sluices is bagged and then further concentrated to produce a platinum rich product, which is sold directly to any one of three refineries in Russia.
The directors of Eurasia anticipate that the capital commitment needed will be modest, although some capital investment will be required for the Dragline Excavator and a power substation. Until the mining licence is granted, it is not possible to calculate the detailed economics for the operation.
Alluvial platinum in the Urals
Alluvial platinum has been produced continuously in the Urals since its first discovery in 1824. Prior to the discovery of the Bushveld complex in South Africa, the region was the world's largest producer of Platinum ("Pt"). Russian sources, estimate that some 500t (16Moz) have been produced. Much of this appears to have come from two river complexes, Vissim (160t) and Issovsky (250t). It is estimated that the Kytlim river complex, where Eurasia's licence is located, has produced some 50t Pt.
The West Kytlim licence, which covers the Tylai-Kosvinsky Platinum Placer, has seen some past production, including dredging, underground mining in coarse gravels, and artisanal scale washing. Eurasia's discovery at West Kytlim area followed from some preliminary pitting which identified buried placers below the overburden alongside some previously mined placers. In addition, early mining and dredging can be inefficient, and the Directors believe that potentially viable platinum grades exist in tailings from the older operations.
Exploration for alluvials
It is generally accepted that it is difficult to quantify reserves for alluvial deposits from drill hole data alone, as the location of the heavy minerals is extreme
in London gerade 420%
Eurasia Mining PLC
Big good NEWS to day
EXPLORATION UPDATE
The Board of Eurasia is pleased to present an update for West Kytlim, following an extensive drilling and exploration work in the region:
Background
Eurasia Mining plc holds a 50% interest in Urals Alluvial Platinum Limited, owned jointly with Anglo Platinum. It in turn owns 75% of a Russian holding company that holds the West Kytlim exploration licence, with an area of 171.3 km2. Yuzhno-Zaozersky Priisk, a local mining company, holds the remaining 25% interest. All the exploration work to date has been funded by Anglo Platinum with Eurasia acting as manager and operator.
The original exploration licence was granted to UAP in 2002 and is due to expire in December 2010. As previously announced in September 2009, application has been made to convert the exploration licence into a production licence and a decision on this is still awaited. A further announcement will be made when the decision concerning the licence is known.
Alluvial Deposits
As alluvial platinum exploitation is different from bedrock platinum mining, the Board has provided the following explanation as to its operations in the area and alluvial mining generally to enable shareholders to put the exploration results provided into context.
Alluvial platinum exploitation principally involves the washing of river sediments to produce heavy mineral concentrates, from which platinum is extracted. Such deposits, referred to as placers, can be present in active river channels as well as older river beds and terraces.
There are a number of ways such deposits are exploited; Eurasia has opted for the so-called 'dry mining' approach. Where the placer occurs in steep sided valleys this involves bulldozers pushing the platinum bearing sediments, comprising sands and gravels, towards a washing plant. Coarser boulders and rocks are removed while the finer sediments are washed in specialized sluices that capture the heavier mineral fractions.
Where the placer occurs in broader flat lying areas, any barren material above the platinum bearing sediments (termed 'overburden') is often removed using a dragline excavator which may also be used to mine the productive layers.
For both methods the "black sand" concentrate from the sluices is bagged and then further concentrated to produce a platinum rich product, which is sold directly to any one of three refineries in Russia.
The directors of Eurasia anticipate that the capital commitment needed will be modest, although some capital investment will be required for the Dragline Excavator and a power substation. Until the mining licence is granted, it is not possible to calculate the detailed economics for the operation.
Alluvial platinum in the Urals
Alluvial platinum has been produced continuously in the Urals since its first discovery in 1824. Prior to the discovery of the Bushveld complex in South Africa, the region was the world's largest producer of Platinum ("Pt"). Russian sources, estimate that some 500t (16Moz) have been produced. Much of this appears to have come from two river complexes, Vissim (160t) and Issovsky (250t). It is estimated that the Kytlim river complex, where Eurasia's licence is located, has produced some 50t Pt.
The West Kytlim licence, which covers the Tylai-Kosvinsky Platinum Placer, has seen some past production, including dredging, underground mining in coarse gravels, and artisanal scale washing. Eurasia's discovery at West Kytlim area followed from some preliminary pitting which identified buried placers below the overburden alongside some previously mined placers. In addition, early mining and dredging can be inefficient, and the Directors believe that potentially viable platinum grades exist in tailings from the older operations.
Exploration for alluvials
It is generally accepted that it is difficult to quantify reserves for alluvial deposits from drill hole data alone, as the location of the heavy minerals is extreme
Wo waren da 420 Prozent 
Antwort auf Beitrag Nr.: 39.695.538 von AndreasBernstein am 17.06.10 09:08:43abwarten, sind gerade in der mache
Antwort auf Beitrag Nr.: 39.695.847 von chinagerd am 17.06.10 09:47:365 Threads gibt es schon und alle vom gleichen user
na wer da böses denkt
na wer da böses denkt
Antwort auf Beitrag Nr.: 39.696.596 von brocklesnar am 17.06.10 11:12:04Vermögensverwalter nennen das "Clusterbildung" 
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