Drilling Report

Eurasia Mining PLC
25 June 2004



Eurasia Mining plc ('The Company') is pleased to announce that the second drill
hole on its Kliprivier permit in South Africa's Bushveld has intersected the UG2
reef.

The UG2 reef is known as a highly productive source of platinum group metals
(PGMs) elsewhere on the Bushveld.

The intersection of UG2 by the second drill hole follows the completion of the
first drill hole in April, which also located the reef. But the second hole
confirms its presence in a separate basin believed to be further south than any
previously drilled on the Eastern Bushveld, covering an area of 6 kilometres by
1.5 kilometres.

The latest intersection, at a depth of 715.4 metres, comprises 1.0 metre of
massive chromite rock sandwiched between thin chromite disseminations and rock
layers over a total thickness of approximately 13 metres.

Eurasia is now drilling two 'wedge' holes fanning out from the main hole.
Following their completion, the cores will be assayed for PGMs.

The Company expects to announce the results of the assays from both this and the
first drill hole within the next few weeks.

Eurasia holds a 90% interest in the Kliprivier permit through its subsidiary
company Masedi Platinum (Proprietary) Limited.



For further information contact:

Christian Schaffalitzky, Managing Director, Eurasia Mining plc:  [phone]

Allan Piper, First City Financial Public Relations:              [phone]
                                                                 [phone]


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