27th May 2020 07:00
Baita Plai Project UpdateVast 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.
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