Business
Drilling Update
Drilling Update.
About this update from Eurasia Mining Plc
[{"type":"text","content":"\n \nRNS Number : 8163D Eurasia Mining PLC 29 March 2011 \n \n\nEurasia Mining plc\n(\"Eurasia\" or the \"Company\")\nHigh precious metals grades intersected in Follow-up Drilling at Kola.\nEurasia is pleased to announce results of recent follow-up drilling on its Monchetundra Licence area near the city of Monchegorsk in the Kola Peninsula in Russia. \nIntersections from the drilling include as follows, with the true widths estimated based on early geological interpretations:\n\n\n\n\nHole No.\n\n\nTotal depth\n\n\nInterval \n\n\nLength\n\n\nTrue width\n\n\nAu,\n\n\nPt,\n\n\nPd,\n\n\nCu,\n\n\nNi,\n\n\nPd equiv.\n\n\n\n\n\n\n\n(metres)\n\n\n(metres)\n\n\n(metres)\n\n\n(metres)\n\n\ng/t\n\n\ng/t\n\n\ng/t\n\n\n%\n\n\n%\n\n\ng/t\n\n\n\n\nMT-86\n\n\n90\n\n\n26.0 - 29.3\n\n\n3.3\n\n\n2.66\n\n\n0.14\n\n\n0.75\n\n\n4.96\n\n\n0.67\n\n\n0.15\n\n\n9.66\n\n\n\n\n(Includes) \n\n\n\n\n\n26.0 - 26.9\n\n\n0.9\n\n\n0.72\n\n\n0.27\n\n\n1.43\n\n\n6.46\n\n\n0.85\n\n\n0.21\n\n\n15.76\n\n\n\n\nMT-86\n\n\n\n\n\n49.0-50.1\n\n\n1.1\n\n\n1.03\n\n\n12.28\n\n\n6.52\n\n\n98.8\n\n\n2.13\n\n\n0.15\n\n\n145.39\n\n\n\n\nMT-87\n\n\n109.2\n\n\n8.7-27.1\n\n\n18.4\n\n\n13.46\n\n\n0.22\n\n\n0.23\n\n\n1.57\n\n\n0.18\n\n\n0.08\n\n\n4.05\n\n\n\n\n(Includes) \n\n\n\n\n\n8.7-19.05\n\n\n10.35\n\n\n7.43\n\n\n0.11\n\n\n0.34\n\n\n2.38\n\n\n0.29\n\n\n0.09\n\n\n5.45\n\n\n\n\n \nThe significance of these results is that they confirm the discovery of \"Hanging Wall\" Copper-Platinum Group Metals (Cu-PGM), type mineralisation in the Monchetundra Licence area. This mineralisation was first identified in Drill Hole 79, one of a series of holes drilled to test continuity of the deeper, basal, footwall mineralisation in the licence area. The Cu-PGM mineralisation occurs as a linear stockwork represented by a series of chalcopyrite-rich veins and veinlets in tectonized pyroxenites. So far, the north-south trending zone of mineralization has been confirmed and traced for 60m, but remains open both along strike and down dip.\nThe previously reported drillhole MT-79 intersections reported in December are shown below:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHole No.\n\n\nTotal depth\n\n\nInterval \n\n\nLength\n\n\nTrue width\n\n\nAu,\n\n\nPt,\n\n\nPd,\n\n\nCu,\n\n\nNi,\n\n\nPd equiv.\n\n\n\n\n\n\n\n(metres)\n\n\n(metres)\n\n\n(...