VAST Vast Resources Plc

 
TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   16 March 2020 
 
   Vast Resources plc 
 
   ("Vast" or the "Company") 
 
   Baita Plai Update 
 
   Vast Resources plc, the AIM-listed mining company, is pleased to update 
the market regarding progress at its Baita Plai Polymetallic Mine "Baita 
Plai" in Romania following President Iohannis declaring a state of 
emergency in Romania as of Monday 16(th) March in a response to 
Covid-19. 
 
   The Company has spent the weekend putting in place all the necessary 
precautions to adhere to the guidelines being put in place whilst 
ensuring it maintains the implementation programme to bring Baita Plai 
into production with minimal disruption in order to meet the timeframe 
stated in the previous announcement made on 11(th) March 2020. 
 
   **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 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. 
 
   Attachment 
 
 
   -- Baita Plai Update 
      https://ml-eu.globenewswire.com/Resource/Download/768e08f1-6459-46f4-8c46-ad0ec56639dd 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 16, 2020 03:00 ET (07:00 GMT)

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