Vast Resources Regulatory News (VAST)

21 Mar 2007 14:59

African Consolidated Resources Plc21 March 2007 African Consolidated Resources("ACR" or "The Company") Statement re Marange Diamond Title Further to previous statements regarding the validity of ACR's claims to theMarange diamond deposit, having sought detailed legal advice the Board of ACRhas chosen to make an application in chambers in the High Court of Zimbabwe foran order confirming that ACR's claims over the Marange diamond deposit arevalid. It is the Board's belief that this action will have no legal effect on ACR'score activities or its broad portfolio of mineral exploration. Further statements will be made to update the market in due course 21 March 2007 Enquiries: African Consolidated Resources PlcAndrew Cranswick +44 7920 189010Roy Tucker +44 1622 816918 +44 7920 189012 Evolution SecuritiesSimon Edwards +44 20 7071 4300 College Hill +44 20 7457 2020Nick ElwesPaddy Blewer This information is provided by RNS The company news service from the London Stock Exchange