Vast Resources plc Chiadzwa Community Diamond Project
11 Ottobre 2019 - 11:28AM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
11 October 2019
Vast Resources plc
("Vast" or the "Company")
Chiadzwa Community Diamond Project
Vast Resources plc, the AIM-listed mining company, is pleased to update
the market on progress of the Chiadzwa Community Diamond Project.
The Company notes the recent comments in a number of online news sites
as a result of the press conference held by the Hon. Minister W Chitando
at the Zimbabwe Ministry of Mines and Mining Development relating to the
current status of the signing of the Agreements between its Zimbabwean
subsidiary company Katanga Mining (Pvt) Ltd -- (which is jointly owned
with Chiadzwa Mineral Resources (Pvt) Ltd) -- and Zimbabwe Consolidated
Diamond Company (Pvt) Ltd ('ZCDC').
The Company continues to work closely with the Zimbabwean Ministry of
Mines and Mining Development, ZCDC and the Chiadzwa Community and wishes
to confirm that it has received confirmation of the signing during the
course of next week.
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc www.vastplc.com
Andrew Prelea (Chief Executive +44 (0) 1491 615 232
Officer)
Andrew Hall
Beaumont Cornish - Financial & www.beaumontcornish.com
Nominated Adviser +44 (0) 020 7628 3396
Roland Cornish
James Biddle
SP Angel Corporate Finance LLP www.spangel.co.uk
-- Broker +44 (0) 20 3470 0470
Richard Morrison
Caroline Rowe
Blytheweigh www.blytheweigh.com
Tim Blythe +44 (0) 20 7138 3204
Megan Ray
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 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 currently underway towards
developing and recommissioning the mine on completion of funding and the
commencement of the of 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, and is focused
on its expansion through the development of a second open pit operation
and new metallurgical complex at the Carlibaba Extension Area.
Attachment
-- Chiadzwa Community Diamond Project
https://ml-eu.globenewswire.com/Resource/Download/19388323-a53c-4727-aacf-0941dbcbd310
(END) Dow Jones Newswires
October 11, 2019 05:28 ET (09:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Grafico Azioni Vast Resources (LSE:VAST)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Vast Resources (LSE:VAST)
Storico
Da Mar 2023 a Mar 2024