Eurasia Mining, which is predominantly exploring for gold in Russia, has announced positive results from the Kola platinum prospect in north west Russia.
The development of this will be paid for by Anglo platinum as part of the deal via which Anglo earns its stake in the joint venture that owns the exploration rights. The plan is to register a reserve figure and convert the exploration licence to a mining licence. Eurasia also wants to expand its portfolio of gold exploration interests in the second half of this year.
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