Drilling Report

Eurasia Mining PLC
09 May 2007




                Eurasia Mining plc ('Eurasia' or 'the Company')

                            URALS DRILLING UPDATE


May 9, 2007: AIM-quoted Eurasia Mining plc has completed an exploration drilling
programme on a portion of its West Kytlim licence area in the Urals, Russia.

The drilling programme was fully funded by Eurasia's 50:50 joint-venture
partner, Anglo Platinum, the world's largest platinum producer and was carried
out on one of two large potential areas of production on virgin alluvial
territory discovered by Eurasia in the West Kytlim area 13 months ago. Early
drilling indicated average grades of platinum as high as 335 milligrams per
cubic metre (mg/m3) - in a region where small producers are already extracting
alluvial platinum economically at grades as low as 100 mg/m3.

The completion of the latest drilling programme, which focussed on the area most
likely to form part of the first stage of mining at West Kytlim, is an important
milestone in the completion of the bankable feasibility study. Eurasia expects
to complete a reserve report shortly which can be lodged with the relevant
authorities, a necessary step once the conversion of the exploration licence
into a mining permit is required.

Feasibility studies continue and upon the completion of a bankable study the
joint venture will examine how best to implement the project. Issues currently
under consideration include the use of mining plant owned by a local partner,
Production Artel Yuzhno-Zaozersky Priisk, investment in a new washing plant and
project finance options. Plans are meanwhile advancing for further bulk testing
to be carried out this summer.

Alluvial mining is a significant component of the mining industry in Russia,
with over forty operators in gold and less than six in platinum. Approximately
120,000 ounces of platinum was produced from alluvial mining in 2006, while
allivial gold production is estimated at 2 million ounces for the same year.

Consent for release

Christian Schaffalitzky, FIMMM, PGeo, CEng, is a director of the Company. He has
reviewed the update and consents to the inclusion of the exploration information
in the form and context in which it appears here. He is a Competent Person for
the reporting of these results.


For further information contact:

Christian Schaffalitzky, Michael Martineau or
Michael de Villiers, Eurasia Mining Plc:                 [phone]
Laurie Beevers, W H Ireland Limited:                     [phone]
Allan Piper, First City Financial Public Relations:      [phone]
Nicholas Bealer, King & Shaxson Capital Limited:         [phone]





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