Drilling Report

Eurasia Mining PLC
27 April 2004



Eurasia Mining plc ('The Company') is pleased to announce that its first
drillhole on its Kliprivier permit on the Bushveld in South Africa has
intersected the UG2 reef at a depth of 854.4m, well within the projected depth
expected. The intersection consists of 0.7 metres of massive chromitite and was
followed by approximately 15m of thin chromitite layers, chromitite stringers
and chromite disseminations, typical of the UG2 reef in this area of the
Bushveld.


The next stage will see the drilling of two wedged holes from the master drill
hole. Following their completion, the cores will be assayed for platinum group
metals (PGMs). This program is estimated to take a further 3-4 weeks to
complete.


Merensky reef equivalent rocks were also intersected at 763 metres but at this
stage will not be included in the wedge drilling program. To date the Merensky
in this area of the Bushveld has not given economic grades of PGMs but this
single intersection will be assayed.


Eurasia holds a 90% interest in the Kliprivier permit through its subsidiary
company Masedi Platinum (Proprietary) Limited. Eurasia is undertaking a first
phase drilling assessment of two large structures present in the area. A second
drillhole is planned for the other major structure following completion of this
hole.


For further information contact:


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

Laurie Beevers, W H Ireland:
[phone]

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange