Vast Resources plc Cold Commissioning Of Baita Plai Polymetallic Mine
16 Dicembre 2019 - 8:00AM
UK Regulatory
TIDMVAST
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
16 12 2019
Vast Resources plc
("Vast" or the "Company")
Cold Commissioning of Baita Plai Polymetallic Mine
Vast Resources plc, the AIM-listed mining company, is pleased to
announce the cold commissioning of Baita Plai Polymetallic Mine.
Over the past year (since the association licence was granted) the
mine's infrastructure required for the cold commissioning including the
electricity line, tailings pipe, mills, crushers, floatation line and
equipment has been either upgraded, refurbished or has been replaced.
Initial trial production is expected to be carried out shortly. The
current cold commissioned capacity is up to 7,000 tpm and will be
progressively ramped up after the arrival of the new equipment from
China in January to 14,000 tpm in accordance with the project plan.
Photos and videos of the equipment are available on the Company's
Twitter Page and will shortly be available on the Company's website.
Both links are provided below:
https://www.globenewswire.com/Tracker?data=YycVSHr6Y_4Bt-I_oFqgL2k3cLNb8Hgrswm8Sv9I793b7svkvHO_wBB8Yx6tN-94LInXbDkk3Vy-MJhPLUA7GHr11r0yseXgIvYiYve-_QWvC5ax5EJZaKf9li4bB5hc
Vast Resources PLC Twitter
https://www.globenewswire.com/Tracker?data=YycVSHr6Y_4Bt-I_oFqgLz2zTZlCMNG08VhKwGsYIoUOczJP5dPLNpk2SfBALrtY9YOddTmaYVnXTfuV8cI2ENitB_-4x8BlyqUHEc8P87hR4ay-ACmGqWGiMlgGNyiSPM0q0XcTLGfnmrdxoJoYsSH407bTMwh3FwfRjcji3ws=
Vast Resources PLC Website
**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 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 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.
Attachment
-- Cold Commissioning of Baita Plai Polymetallic Mine
https://ml-eu.globenewswire.com/Resource/Download/b8cabbd4-cd09-4173-bd49-788e7f7b9d29
(END) Dow Jones Newswires
December 16, 2019 02:00 ET (07:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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