RE: A couple of....24 Aug 2018 13:37
Initial results from drilling, assaying and associated works undertaken to deliver sufficient information to support an Inferred JORC Mineral Resource for gold and other polymetallic minerals, including silver, copper, lead and zinc
· Highlights from the first six surface drill holes totalling 735m include:
o AR001: 52.20m @ 0.80 g/t gold ('Au') and 2.73 g/t silver ('Ag'), from 0.80m to 53.00m
o AR002: 7.0m @ 0.61 g/t Au and 0.57 g/t Ag, from 11.00m to 18.00m
o BB007: 15.60m @ 0.54g/t Au and 11.62 g/t Ag, from 17.40 to 33.00m
o AVBB017: 26.10m @ 1.34 g/t Au and 3.50 g/t Ag, from 0.30m to 26.40m
§ Including 3.20m @ 5.06 g/t Au and 10.27 g/t Ag from 23.20 to 26.40m
o AVBB017: 1.50m @ 4.80 g/t Au and 0.70 g/t Ag, from 112.40 to 113.90m
o AVBB017: 2.00m @ 4.74 g/t Au and 0.25 g/t Ag, from 167.00 to 169.00m
· Mineralisation has been intersected at or near surface within targeted breccia zones and higher-grade mineralised zones have been intersected at depth within zones of veining and faulting in line with geological expectations
Andrew Prelea, Chief Executive of Vast, commented,
"Having acquired a strategic interest in Blueberry less than a week ago, we are delighted to be able to share with investors the first set of drill results from the active exploration programme currently underway which we believe support the expedited development approach that we have implemented to realise the value potential of this asset. We look forward to sharing the assay results from the drill programme on a regular basis in the coming weeks as we continue to explore the potential size and quality of this significant mineralised system at Blueberry with the objective of ultimately crystallising value for Vast shareholders through a proposed IPO."