Business
New Contractor Appointed at West Kytlim
New Contractor Appointed at West Kytlim.
About this update from Eurasia Mining Plc
[{"type":"text","content":"\n \nRNS Number : 1807H Eurasia Mining PLC 09 March 2018 \n\nEurasia Mining plc (AIM: EUA)\n \n(\"Eurasia\" or the \"Company\")\n \n \nNew contractor appointed at West Kytlim, commencement of site work\n \n \nEurasia, the London listed platinum group metals and gold producer, is pleased to announce the commencement of site works for the 2018 field season at its West Kytlim Project in the Ural Mountains. Terms have now been finalised with OOO Techstroy of Nizhny Tagil (\"Techstroy\").\n \nChristian Schaffalitzky, Executive Chairman at Eurasia commented \"We are very pleased with this result which comes after extensive discussions, predominantly technical in nature, over the past number of months. We are very much looking forward to a successful mining season at West Kytlim and to working together with our new partners Techstroy. Site works have already commenced, in this the first week of March, a marked improvement on last year. This means we can take full advantage of the full mining season at Malaya Sosnovka starting now and aim to break ground at the Kluchiki area later this summer. In a show of good faith the contractors mobilised equipment to site a week ahead of final signing of the contract. We look forward to reporting on progress from the site in the near future.\"\n \nHighlights:\n \n- Machinery and equipment mobilised to site with stripping works to commence immediately.\n- Revised flow sheet to incorporate a trommel and scrubber arrangement prior to sluice.\n- Mining to initially focus on the Malaya Sosnovka site which contains 275,000m3 of productive gravels and 84 kilograms raw platinum.\n- Mining to progress to the larger Kluchiki site which contains 893,000m3 of productive gravels for 319 kilograms raw platinum. \n- Targeted productivity ranging 50,000m3 to 70,000m3 per month at a single working site.\n- Options for deploying further washplants remain available to both Eurasia and Techstroy, who are permitted under the contract to deploy a second washplant during the 2018 mining season.\n- Techstroy to manage mining, trucking and beneficiation of platinum bearin...