2nd Jul 2015 07:11
LONDON (Alliance News) - Vast Resources PLC on Thursday said it is on track for first gold production from the Pickstone-Peerless mine in Zimbabwe in August.
The company said the first two blasts at the mine have been completed and run-of-mine ore stockpiles are being built at the feed-pad to the crusher ahead of wet commissioning.
"With the commencement of blasting, the processing plant construction well advanced and production on track to commence in August 2015, this ia very exciting period of development," said Roy Pitchford, Vast's chief executive.
Vast shares were up 5.3% to 1.5 pence in early trade, one of the best performers in the AIM All-Share.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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