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Share Price: 0.215

Bid: 0.21

Ask: 0.22

Change: -0.015 (-6.52%)

Spread: 0.01 (4.762%)

Open: 0.23

High: 0.23

Low: 0.215

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IN BRIEF: Vast Resources Baita Plai mine drilling programme positive

Mon, 17th Jul 2023 13:30

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Notes positive drilling results from phase one drilling at Baita Plai mine in Romania. Says 45 metres of the 164 metres that were assayed is ore. Says the exploration programme confirms the potential to extend the mining area.

Chief Executive Officer Andrew Prelea says: "These exciting drill results, which exceed the initial estimation for the next working areas, give us increased confidence in the potential to extend the mining area at Baita Plai from its existing base and then to report a Joint Ore Reserve Committee compliant mineral resource."

Shares in Vast Resources were down by 2.2% at 0.36 pence each in London on Monday afternoon.

By Sabrina Penty; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

27 Apr 2020 10:30

Vast Resources reports progress on Baita Plai

(Sharecast News) - Vast Resources updated the market on progress at its Baita Plai Polymetallic Mine in Romania on Monday, confirming that the first shipment of equipment has arrived in country, at the Port of Constanta.

16 Apr 2020 16:54

Vast Resources Raises GBP600,000 To Maintain Working Capital

16 Apr 2020 15:28

Vast raises ?0.6m as it looks to complete Chiadzwa joint venture

(Sharecast News) - Mining company Vast Resources has raised ?0.6m before costs through a placing of 392,156,863 ordinary shares at a price of 0.153p each, it announced on Thursday.

16 Mar 2020 15:19

Vast Resources trying to maintain Baita Plai timeline

(Sharecast News) - Mining company Vast Resources updated the market on progress at its Baita Plai polymetallic mine in Romania on Monday, following President Iohannis declaring a state of emergency in the country as of 16 March, in response to the Covid-19 coronavirus pandemic.

31 Jan 2020 14:22

Vast Resources completes first drawdown of Atlas Capital facility

(Sharecast News) - Vast Resources announced on Friday that the first tranche drawdown process of the Atlas Capital Markets, adjoined with Atlas Special Opportunities, facility under the bond issue deed that it announced on 24 October, had been completed, with confirmation of payment now received.

2 Jan 2020 15:02

Vast Resources drawing down first tranche of Atlas Capital funding

(Sharecast News) - Mining company Vast Resources has submitted a drawdown request for the first tranche Issuance to Atlas Capital Markets, it announced on Thursday, in accordance with the terms and conditions of the bond issuance deed.

2 Jan 2020 12:16

Vast Resources Requests First Tranche Of Atlas Capital Funding

31 Dec 2019 13:40

Vast Resources Receives GBP1,303 From Warrant Exercise

23 Dec 2019 17:35

Vast Resources Begins Drilling At Romania Polymetallic Project

23 Dec 2019 14:54

Vest Resources begins drilling at Baita Plai

(Sharecast News) - Vast Resources announced on Monday that it has started the drilling programme at its Baita Plai Polymetallic Mine in Romania.

18 Dec 2019 14:14

Vast Resources To Get First Part Of USD15 Million Facility By 2019-End

16 Dec 2019 16:22

Vast Resources announces cold commissioning of Baita Plai

(Sharecast News) - Mining company Vast Resources announced the cold commissioning of Baita Plai Polymetallic Mine on Monday.

28 Nov 2019 16:41

Botswana Diamonds And Vast Resources Agree Terms For New Zimbabwe Deal

28 Nov 2019 16:05

Vast Resources revises agreement with Botswana Diamonds

(Sharecast News) - Romania and Zimbabwe-focussed mining company Vast Resources has revised its agreement with Botswana Diamonds as a consulting partner in the development of the Chiadzwa Community Diamond Concession in the Marange Diamond Fields of Zimbabwe, it announced on Thursday.

11 Nov 2019 12:05

Latest Share Chat

Vast Res Share News (VAST)

Share Price Information for Vast Res (VAST)

IN BRIEF: Vast Resources Baita Plai mine drilling programme positive

Vast Resources reports progress on Baita Plai

Vast Resources Raises GBP600,000 To Maintain Working Capital

Vast raises ?0.6m as it looks to complete Chiadzwa joint venture

Vast Resources trying to maintain Baita Plai timeline

Vast Resources completes first drawdown of Atlas Capital facility

Vast Resources drawing down first tranche of Atlas Capital funding

Vast Resources Requests First Tranche Of Atlas Capital Funding

Vast Resources Receives GBP1,303 From Warrant Exercise

Vast Resources Begins Drilling At Romania Polymetallic Project

Vest Resources begins drilling at Baita Plai

Vast Resources To Get First Part Of USD15 Million Facility By 2019-End

Vast Resources announces cold commissioning of Baita Plai

Botswana Diamonds And Vast Resources Agree Terms For New Zimbabwe Deal

Vast Resources revises agreement with Botswana Diamonds

Vast Resources Appoints Chief Financial Officer Fletcher To Board

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Vast Res Share News (VAST)

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