Monchetundra Flanks Update

RNS Number : 0198X

Eurasia Mining PLC

25 August 2020

 

EURASIA MINING PLC

("Eurasia" or "the Company")

Monchetundra Flanks Update

Eurasia Mining plc, the palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominantly palladium open pit deposits near base metal and PGM processing facilities close to the  town of Monchegorsk on the Kola Peninsula, is pleased to announce that the Monchetundra Flanks license has been approved by the regional licensing body, SevZapNedra.

More information about the Monchetundra Flanks license has been provided in the announcements dated 4 Dec 2019 and 17 Dec 2019.

Comments

Christian Schaffalitzky, Executive Chairman commented: "The Directors are encouraged with the approval of Monchetundra Flanks license, an important milestone for the Company. Further announcements will be made in due course".

ENQUIRIES:

Eurasia Mining Plc

Christian Schaffalitzky/ Keith Byrne

[phone]

SP Angel Corporate Finance LLP (Nomad and Joint Broker)

Ewan Leggat / David Hignell / Soltan Tagiev

[phone]

Optiva Securities (Joint Broker)

Christian Dennis

Tel: [phone]

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

END

 

 

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