Share Talk spoke to Christian Schaffalitzky, Managing Director & CEO of Eurasia Mining Plc. We speak in depth about the historical nature of the company and the changes made during the downturn in the resources sector.
We talk about their 3 projects in the former Soviet Union at West Kytlim in the Central Urals, Monchetundra on the Kola peninsula and Semenovsky in the Southern Urals. Highlighting the future work and prospects of the company as projects come to fruition.
INTRODUCTION TO THE COMPANY
Eurasia Mining PLC is an international mineral exploration company, listed on the Alternative Investment Market (AIM), currently operating in Russia.
Eurasia’s stated objective is to explore for platinum group metals (PGMs) and gold through self-funded own exploration targets and joint venture partnerships with strategic operators and local partners. Operations are funded from the company’s own equity funds and funded joint venture agreements. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company’s intention to either proceed to develop the project to production or partner the project with a suitable operator.
The company maintains an office in London and two offices in Russia where field campaigns are planned and executed.
Eurasia is currently evaluating several gold targets in Eastern Russia and is focused on the following ongoing advanced exploration projects:
- Urals Alluvial project — West Kytlim licence
- Kola Peninsula — Monchetundra licence
- Bashkiria Tailings Project — Semenovsky licence
Eurasia Mining PLC is incorporated in England and Wales and listed on AIM in London. Eurasia’s main area of operation is in the Russian Federation.
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