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Drilling results update: West Kytlim

Drilling results update: West Kytlim.

articleEurasia Mining PlcMay 10, 20135/company/eurasia-mining/news/drilling-results-update-west-kytlim
Drilling results update: West Kytlim

About this update from Eurasia Mining Plc

[{"type":"text","content":"\n \nRNS Number : 3849E Eurasia Mining PLC 10 May 2013  \n \n\nEurasia Mining plc\n(\"Eurasia\" or the \"Company\")\n \nDrilling results update: West Kytlim\n \nFurther to the Exploration Update released on the 12 April 2013, the Company provides the following summary of its drilling operations for 2011 and 2012 at West Kytlim. These drill data have been used in the reserve calculations, also announced on 12 April 2013. For clarity the average grades of mineralization, and the increased reserve at each of the Company's operational areas are here repeated.\n \nAs announced on 12 April 2013, the Company has increased its total C2 approved platinum reserves at the West Kytlim alluvial platinum project. Exploration was focused along the terraces of the Tylai and Kosva Rivers and their tributaries over an approximate length of 18 kilometres. \n \nExploration drilling during 2011 and 2012 (approximately 199 holes) was typically spaced on lines at intervals of 750 to 2,500m; the spacing between lines was 40 to 160m. The holes were from 8-10m to 20-25m deep. More detailed drilling (approximately 100 holes) was spaced on lines from 200 to 400m, with holes spaced 20-40m apart on each line. Hole depths reached 30m, rarely 40m. A further 80 reconnaissance holes were drilled to map the alluvial deposits and 24 large diameter (500-600mm) holes were also drilled in the period - the latter being a requirement of the protocols relating to the Russian C2 reserves standard (see below). \n \nFor clarity, the detail of grades encountered during the 2011 and 2012 drilling campaign, and quoted in the reserve update released on the 12 April 2013, is repeated in the table below.\n \n\n\n\n\nTK Placer Area\n\n\nAv Raw Pt grade, (mgm/m3)\n\n\nContained raw Pt, (kg)\n\n\n\n\nTK Area 1\n\n\n316\n\n\n756.55\n\n\n\n\nTK Area 3\n\n\n363\n\n\n121.7\n\n\n\n\nTK Area 9      \n\n\n303     \n\n\n490.3\n\n\n\n\nTK Area 2 (part)\n\n\n364\n\n\n320.5\n\n\n\n\nCurrent Total C2\n\n\n323\n\n\n1,689\n\n\n\n\n                                              &nbsp...

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