Eurasia Mining Provides Operational Update on Mining Projects
Summary
Eurasia Mining plc has issued an operational update on its three mining projects. The West Kytlim sale and Monchetundra detailed design completion are progressing as announced in December 2025. At the NKT project, work continues on a feasibility study to support a mining licence application and integration with the adjacent Monchetundra mine plan. The company expects all developments to proceed as announced.
“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.”
What changed
Eurasia Mining plc published a company update disclosing current operational status across its portfolio of platinum group metal and gold mining projects. For West Kytlim, the company is working with appropriate parties to complete the sale. Monchetundra is progressing through detailed design completion. At NKT, a feasibility study is advancing to support a mining licence application and integration planning with the Monchetundra mine plan.
Affected parties include existing and prospective investors in Eurasia Mining and counterparties involved in the West Kytlim sale process. This announcement does not create new compliance obligations for third parties; it provides market transparency on project milestones previously announced in December 2025. The company indicated it will provide further updates as developments occur.
Archived snapshot
Apr 20, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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Company Update
EURASIA MINING PLC Released 07:00:05 20 April 2026 RNS Number : 0187B Eurasia Mining PLC 20 April 2026 Dissemination of a Regulatory Announcement that contains inside information according to UK Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.
20 April 2026
Eurasia Mining plc
Company Update
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."
For further information, please contact:
| Eurasia Mining plc
Christian Schaffalitzky | +44 (0)20 7118 1095
info@eurasiamining.co.uk |
| SPARK Advisory Partners Limited (Nominated Adviser)
Andrew Emmott | +44 (0)20 3368 3555 |
| Oak Securities (Broker)
Jerry Keen | +44 (0)20 3973 3678 |
| Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah | +44 (0)20 3004 9512
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