Eurasia Mining continues evaluating investment opportunities in Russia and FSU

In today’s interim report, Eurasia Mining highlighted the progress madcement grinding mill flow diagrame at its flagship West Kytlim alluvial platinum project in Russia and said it continues looking for more assets in Russia and the former Soviet Union.

Just yesterday, Eurasia Mining reported that the Russian government had approved two further areas of additional reserves of C2 classification as defined by the Russian Standard within the Tylai-Kosvinsky (TK) Placer at West Kytlim. This addition increased the approved C2 reserves at West Kytlim by 81 percent. Eurasia Mining is currently waiting to have its application for a production license approved by Russian authorities. It may be possible to combine the two new areas into one revised application. Apart from West Kytlim, the company has been working on its Kamushanovskoye uranium project in Kyrgyzstan after agreeing to co-fund a bankable feasibility study for Kamushanovskoye in March this year. The company has so far invested...