Silver Bear Resources Plc

Silver Bear Resources Plc (TSX: SBR) primary business is the acquisition, exploration, evaluation and development of silver properties in the Russian Federation. The Company’s principal focus is its wholly-owned Mangazeisky exploration licence area of 570 sq. km, host to the Vertikalny silver mine development. The Project is located approximately 400 km north of Yakutsk in the Republic of Sakha (Yakutia), Russian Federation. In September 2013, Silver Bear was granted a 20-year Mining Licence for the Vertikalny deposit. In September 2016, the Company was granted a seven-year extension to the term of its Exploration Licence, which now contains no minimum work requirements.

In August 2017, the Company updated its Vertikalny Feasibility Study and its Mangazeisky North Preliminary Economic Assessment (“PEA”) all contained in one Technical Report (“Report”) filed on SEDAR on August 28, 2017. The results of this updated Report continue to confirm that the project has very positive financial outcomes for the Company. As of September 2017, the Project is significantly advanced with construction and commissioning work well underway. The Mangazeisky North deposit PEA confirms an additional opportunity to further improve overall mine economics, increase the overall mine life and extend the useful life of the capital equipment on the Mangazeisky project.

As of August 2017, the Company’s NI 43-101 mineral reserve and resource estimates include a Reserve of 858 kt averaging 809 g/t Ag totaling 22.3 million ounces of silver, an Indicated resource of 1.0 Mt averaging 1,079 g/t Ag totaling 36.0 million ounces of silver and an additional Inferred resource of 1.5 Mt averaging 504 g/t Ag totaling 24.4 million ounces of silver.


Eurasia Mining PLC

Eurasia’s West Kytlim Project is an operating platinum and gold mine in the Ural Mountains. With circa 4.5 tonnes of state approved reserves + resources it is one of the largest alluvial platinum projects in the world. Eurasia’s have recently (June 2017) been issued a Discovery Certificate at its Monchetundra project for state approved reserves and resources totalling 1.9m ounces PGM (Palladium + Platinum). The resources present in two open pit targets also hosting significant Gold and base metal(Nickel and Copper) credits. The project, currently going through permitting towards issue of a mining license has excellent local infrastructure including rail and access to sea ports.


Orsu Metals Corporation

Orsu Metals Corporation is a mineral exploration and development company. As announced May 18, 2017, the purchase of the initial 30% of the Sergeevskoe gold project located in the Mogocha District of the Zabaikal’skiy Region of the Russian Federation closed and it will be the focus of Orsu’s activities going forward. On October 11, 2017, Orsu completed the sale of its 94.75% interest in the Karchiga, Kazakhstan project for proceeds of US$ 6 million. (TSXV: OSU)


Central Asia Metals Plc

CAML is a copper producer with SX-EW operations at Kounrad, Kazakhstan and is a zinc and lead producer at the Sasa mine in Macedonia. The Company listed in 2010 and began producing copper in 2012. Kounrad has since produced over 65,000 tonnes of cathode and generated cash of $200m. CAML has now distributed $105 m in dividends and share buy backs as well as paying $90m in Kazakh taxes and supporting the local community. The Company recently announced its acquisition of Lynx Resources, owner of the Sasa zinc-lead mine. The acquisition has provided operational, commodity and geographical diversification, while increasing CAML's low cost base metals production by 150% in copper equivalent terms.


Metalfer Mining

Metalfer Group is an industrial group of companies involved in steel production, trading, mining and energy. It was founded in London in 1993 as Metalfer LTD. Headquartered from London and Moscow, the Group moved many millions of tons of steel and steel-related material all over the globe, with particular focus of operations to export from CIS countries. Since 2008, focus of operations was transferred to the region of Balkans, in parallel developing the mining operations and building its deposits portfolio as Metalfer Mining in Serbia, Montenegro and Bosnia.

In the last 4 years Metalfer Mining invested in mining and geological exploration works and the opening of mines of iron, lead, zinc, copper, and building stone aggregates diabase, on concessions in the Republic of Serbia, Montenegro and Republica Srpska.