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Christian Schaffalitzky, CEO of Eurasia, the platinum production and gold exploration company, is pleased to announce that they have now been granted a discovery certificate for the Monchetundra Project's 1.9 million ounce palladium equivalent global Reserves and Resources.

Christian Schaffalitzky, CEO of Eurasia, provides an update on the Semenovsky Tailings Project. Eurasia's exclusive right to acquire up to 67per cent of the project has now been extended to end of August 2017. This timeline ensures sufficient time for Eurasia to continue its development program at Semenovsky, ahead of making a final decision on participation.

Eurasia Mining, the platinum and gold production company, announces that the Reserves Report and Feasibility Study for the Monchetundra palladium and platinum Project have now been approved by the Russian State Agency for Subsoil Use . Christian Schaffalitzky, Managing Director of Eurasia updates us on this important development at the Monchetundra Project which they have been working on for more than 10 years now.

Christian Schaffalitzky, Managing Director, updates us on the commencement of mining at West Kytlim, Urals, Russia. First production is to commence next week, the late delivery of critical parts for the wash plant delayed start-up by 10 days but the projected production for 2016 is still expected to be met.

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