logo-loader
RNS
viewVast Resources PLC

Baita Plai Project Update

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

27 May 2020


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

Baita Plai Project update

Vast Resources plc, the AIM-listed mining company, is pleased to present to the market a new video the company has produced introducing its Baita Plai Polymetallic Mine “Baita Plai” in Romania.

The new video entitled “Welcome to Baita Plai” includes a driving tour of the Baita Plai complex, a walking tour of the renovated adminstration building as well as interviews with key personel in the undergound sections and floatation plant. The video concludes with several interviews of key staff working at Baita Plai, including the new General Manager, Chief Mechanical Engineer, a senior mining engineer and a geologist.

The Company will post the video on its website at www.vastplc.com and on its social media pages.

**ENDS**

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

Vast Resources plc
Andrew Prelea (Chief Executive Officer)
Andrew Hall

 

 
www.vastplc.com
+44 (0) 20 7846 0974
Beaumont Cornish - Financial & Nominated Adviser 
Roland Cornish 
James Biddle

 
www.beaumontcornish.com
+44 (0) 20 7628 3396
SP Angel Corporate Finance LLP – Joint Broker
Richard Morrison
Caroline Rowe

 
www.spangel.co.uk
 +44 (0) 20 3470 0470

Axis Capital Markets Limited – Joint Broker
Richard Hutchison

 
www.axcap247.com
 +44 (0) 20 3206 0320
Blytheweigh
Tim Blythe
Megan Ray

 
www.blytheweigh.com 
+44 (0) 20 7138 3204

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 a United Kingdom AIM listed mining company with mines and projects in Romania and Zimbabwe - focused on the rapid advancement of high quality projects by recommencing production at previously producing mines in Romania and the 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.

Quick facts: Vast Resources PLC

Price: 0.251

Market: AIM
Market Cap: £30.66 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Markets weaken as tit-for-tat tariff war between US and China intensifies

Mining Capital's Alastair Ford gives his take on the war of words between the US and China over tariffs. US President Donald Trump's told officials to look at a further $100bln of tariffs against China. Ford also talks through changes around Zimbabwe's export credit rules. In...

on 04/06/2018