Vast Resources Regulatory News (VAST)

20 Mar 2020 09:57

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

20 March 2020

Vast Resources plc (“Vast” or the “Company”)

Baita Plai Project Update

Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress at its Baita Plai Polymetallic Mine “Baita Plai” in Romania.

Further to the Company’s announcement on 18 March 2020 confirming the initial shipment of equipment had sailed from Yangshan port Shanghai. The Company is pleased to announce that a further 3 containers of equipment are packed and ready to be loaded on to a Vessel due to depart on 25th March 2020.

The Company can also confirm there are further containers due to load the week commencing 23rd March 2020 and the first week of April 2020. 

**ENDS**

For further information, visit www.vastplc.com or please contact:

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (“MAR”).

ABOUT VAST RESOURCES PLC

Vast Resources plc, is an AIM listed mining company with mines in Romania and Zimbabwe focused on the rapid advancement of high quality brownfield projects by recommencing production at previously producing mines in Romania and commencement of the joint venture mining agreement on the Chiadzwa Community Concession Block of the Chiadzwa Diamond Fields in Zimbabwe.

The Company’s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in Romania, where work is now currently underway towards developing and recommissioning the mine and the Community Concession Block in Chiadzwa, Zimbabwe.

Vast Resources owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance.