RNS3 Mar 2020 14:25
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
3 March 2020
Vast Resources plc
(“Vast” or the “Company”)
Chiadzwa Community Diamond Project Update
Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress on the anticipated Joint Venture Agreement between the Company’s majority owned Katanga Mining Pvt Ltd (a joint venture company between the Company and the Chiadzwa Community Development Trust (CCDT)) and Zimbabwe Consolidated Diamond Company (Pvt) Ltd (wholly owned by the Government of Zimbabwe) concerning the Chiadzwa Community Diamond Project.
The Company has received official communication from the Ministry of Mines and Mining Development to the effect that all internal processes leading to the conclusion of the Joint Venture are expected to be finalised during the month of March 2020.
Further details pertaining to this key process will be communicated to the market as and when they occur.
**ENDS**
For further information, visit www.vastplc.com or please contact: