Eurasia is currently focused on developing platinum, palladium and gold deposits capable of delivering value to its shareholders.

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Urals Alluvial Platinum : West Kytlim

Project Highlights:

  • Seasonal alluvial Platinum mine under development, work commenced Q3 2016
  • Mining work contracted to SKRS on the basis of a 70:30 split of gross revenue
  • C2 State approved Reserves total 2,283 kg raw platinum
  • Further Resources on the licence to be proven during mining

 

 

Figure 1: The Malaya Sosnovka Area is shown in red in the northeast. The reserves here are near or at surface which makes this an ideal area for a start up operation with gravels accessed by diesel powered machinery. Other areas such as Kluchiki (blue) will be developed using draglines from year 2 of the operation.

 

 

Figure 2: Detail of the mining area at Malaya Sosnovka. The Reserves blocks currently under development are shown, north of the tailings dam and process water pond.

  

Some recent pictures from site are shown below;

September 2016



Early August 2016


Early June 2016

Sequence of exploration and development

In the process of early reconnaissance, data was collected and processed for 211 reported occurrences of which West Kytlim was the stand out target in the Central Urals. The Kytlim region has produced circa 50 tonnes of alluvial platinum to date.

The first drilling results from exploration at West Kytlim were announced in April 2005. Grades of up to 500 mg/m3 were discovered, well above the minimum 100 mg/m3 required to be economic. Work has progressed from the original discovery of buried placers in tributaries of the Tylai River to the river terraces of both the Tylai and Kosva Rivers (see sections below).

To read the latest news announcements on Eurasia's West Kytlim project please click here.

 

 

History of Urals alluvial platinum mining.

Alluvial Platinum was first discovered in the Ural Mountains in 1824, since then the region has yielded in excess of 500 tonnes of platinum mined from a number of placer fields, the largest of which is estimated to have produced more than 240 tonnes. The fields comprise natural, gravity-driven economic concentrations of platinum and very minor gold formed in stream and river sediments eroded and drained from platinum bearing ultramafic complexes.

Placers of this type are attractive development targets owing to their often high concentrations of platinum and relatively low-tech and low cost mining and processing requirements.

Urals Geology

The Urals ultramafic rocks (peridotite, pyroxenite and dunite), were formed in an ancient rift zone and later upthrust into the Urals as part of the mountain building collision between the Siberian and European Cratons during the Hercynian Orogeny. Tectonic activity in the Urals extended over a very long geological time frame and included six phases of post-Triassic uplift. Previous mapping of the distribution of high energy sediment accumulations which were formed in association with intense erosion during these uplift phases, indicate the potential for elevated concentrations of platinum within these sediments.

It was the potential for these sequential erosion phases to form separate layers of platinum buried beneath much younger placers that ignited Eurasia’s interest in conducting Urals Platinum Exploration.

 

 

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