Home > Boards > Free Zone > User's Groups > Eurasia Gold Corp. (EGX:TSX-V)

Eurasia Gold Inc. TSX symbol: EGX - 3QR. -

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
NYBob Member Profile
Member Level 
Followed By 820
Posts 70,883
Boards Moderated 77
Alias Born 11/22/03
160x600 placeholder
NYBob Member Level  Monday, 12/18/06 03:27:30 PM
Re: rossi post# 165
Post # of 191 
Eurasia Gold Inc. TSX symbol: EGX - 3QR. -
Eurasia Gold - 3Q R 2006 - snippet -

Leaching operations for the nine months ended
September 30, 2006 were as follows:

Recoverable Gold to Pad -
Central Mukur
Recoverable gold on the pad as at
December 31, 2005 Ounces 4,979

Additions to pad during 9 months 2006 Ounces 19,785
Less: gold precipitated Ounces (18,582)
Recoverable gold on the pad as at Sep 30, 2006 Ounces 6,182

Mizek and Charsk Gold -
Recoverable gold on the pad as at
December 31, 2005 Ounces 28,567

Additions to pad during 6 months 2006 Ounces 41,098
Less: gold precipitated Ounces (24,457)
Recoverable gold on the pad as at Sep 30, 2006 Ounces 45,208

Gold on Resin/Carbon
Central Mukur
Gold on resin at December 31, 2005 Ounces 1,658
Plus: gold precipitated during 9 months 2006 Ounces 18,602

Less: cathode gold delivered for processing Ounces (17,317)
Gold on resin as at Sep 30, 2006 Ounces 2,943

Mizek and Charsk Gold
Gold on carbon at December 31, 2005 Ounces 1,741
Plus: gold precipitated during 9 months 2006 Ounces 24,457

Less: cathode gold delivered for processing Ounces (23,138)
Gold on carbon as at Sep 30, 2006 Ounces 3,060

Eurasia Gold Inc.
Notes to Financial Statements
(in thousands of U.S. dollars, unaudited)

Gold in Process/Gold Sold
Central Mukur
Gold at plant and refinery as at December 31, 2005 Ounces 996
Plus: cathode gold delivered for processing during 9
months 2006 Ounces 18,292

Less: gold sold during 9 months Ounces (18,256)
Gold in process at plant and refinery at Sep 30, 2006 Ounces 1,032

Mizek and Charsk Gold
Gold at plant and refinery as at December 31, 2005 Ounces -
Plus: cathode gold delivered for processing during 9
months 2005 Ounces 23,138

Less: gold sold during 9 months Ounces (23,130)
Gold in process at plant and refinery at Sep 30, 2006 Ounces 8
Corporate Interim Chief Financial Officer

The Board of Directors of the Company is pleased to announce
the appointment of Mr. Yerlan Mukashev as
Interim Chief Financial Officer of the Company,
subject to receipt of necessary
regulatory and stock exchange approvals.

The appointment of Mr. Mukashev follows the
resignation Mr. Ismail Nishanbayev as Chief Financial Officer
of the Company during
September 2006.

Mr. Mukashev brings with him a background in finance and
previously served as the Finance Director of JSC Charaltyn,
a wholly owned subsidiary of the Company.

Mr. Mukashev holds a
Master of Business Administration degree from
the Russian Business Academy, Moscow
University.

The Board of Directors of the Company wishes
Mr. Nishanbayev every success in the future
and would like to thank him for his commitment
and contribution to the Company.

Financial results at September 30, 2006
The reverse takeover (occurred on May 23, 2006)
financial results are based on the combination of assets
and liabilities of both Eurasia Gold and Charaltyn, net of
intercompany transactions.
Eurasia Gold’s
revenues and expenses are included in the consolidated
operations statement from May 23, 2006.

Accordingly, all comparative information is that of Charaltyn
JSC. Charaltyn JSC’s prior period
financial statements were prepared in accordance with
International Financial Reporting Standards
(“IFRS”).
The review of Charaltyn’s financial statements
showed no significant differences between
GAAP and IFRS
that would require material adjustments in order for
Charaltyn financial statements to
conform to GAAP.

Eurasia Gold Inc. TSX symbol: EGX -
http://tinyurl.com/yfbltn
http://www.tsx.com/HttpController?GetPage=QuotesLookupPage&DetailedView=DetailedPrices&Marke....






Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist