Company Update
Eurasia Mining plc provided an update on its operational developments, confirming progress on the West Kytlim sale and Monchetundra detailed design completion, both expected to proceed as previously announced. The company is also advancing a feasibility study at NKT to support a mining license application and integrate with the Monchetundra mine plan. The Executive Chairman expressed satisfaction with the progression of these projects and anticipates communicating next steps to the market.
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Eurasia Mining plc ("Eurasia" or the "Company"), the iridium, osmium, palladium, platinum, rhodium, ruthenium and gold mining company, announces a company update on the latest operational developments.
The Company is working with the appropriate parties to ensure the completion of both the West Kytlim sale and the Monchetundra detailed design completion, as announced in December 2025, as soon as practicable. The Company continues to expect that both developments will proceed as announced, and will update as soon as available.
At NKT, work continues to advance a feasibility study to support the application for a mining licence and to plan for the integration of this work with the adjacent Monchetundra mine plan.
Christian Schaffalitzky, Executive Chairman, commented:
"The Company is satisfied with the progression of both the West Kytlim sale, the Monchetundra design completion project and ongoing work at NKT as of today. We are working with the necessary personnel to ensure the Company continues on this path, and we are looking forward to communicating with the market about the next steps for Eurasia Mining."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.