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Eurasia Mining Shares Rise On Granting Of Tipil Exploration Licence

10th Aug 2020 09:38

(Alliance News) - Shares in Eurasia Mining PLC were higher on Monday as it announced that it has been granted the Tipil exploration licence, 24.5 square metres adjacent of the current mining permit at West Kytlim mine in the Urals, Russia.

Shares in the London-headquartered miner were 9.4% higher at 22.10 pence on Monday in London.

The Tipil licence contains 17 kilometres of river course and sediment units that have been proven to host platinum group metals deposit at the West Kytlim project.

"The directors are pleased with the permitting progress achieved across all of our projects," said Executive Chair Christian Schaffalitzky.

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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