VAST Vast Resources Plc

 
TIDMVAST 
 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   11 May 2020 
 
   Vast Resources plc 
 
   ("Vast" or the "Company") 
 
   Baita Plai Update 
 
   Vast Resources plc, the UK AIM listed mining company, is pleased to 
update the market on progress at its Baita Plai Polymetallic Mine "Baita 
Plai" in Romania. 
 
   The Company is pleased to announce the hire of Adrian Badita as General 
Manager at Baita Plai, reporting to Craig Harvey, the Company's Chief 
Operating Officer. Adrian will be responsible for the overall management 
of Baita Plai including but not limited to ensuring the safety and 
health of all the team at the mine as well as implement and monitor the 
Company's development plan to ensure Baita Plai develops into an 
efficient and profitable producing mining operation. Adrian will 
commence his role on Monday 18(th) May 2020. 
 
   Adrian, an Australian & Romanian national, is a qualified Competent 
Person under the JORC Mineral Resource and Ore Reserve code. He has over 
20 years' mining experience including progressive supervisory experience 
in all phases of the mining industry. He has solid production experience 
including drill & blast, haulage, waste management, risk management 
strategy and environmental site rehabilitation. Adrian has supervised 
several large-scale operations including a $1.5BN operation producing 
100 million t/year. 
 
   Following the previous announcement on 5(th) May 2020 regarding the 
arrival of equipment at Baita Plai, the Company has now also released 
footage of both containers, from the first shipment, being unloaded at 
Baita Plai on social media. 
 
   **ENDS** 
 
   For further information, visit www.vastplc.com or please contact: 
 
 
 
 
Vast Resources plc                                www.vastplc.com 
 Andrew Prelea (Chief Executive Officer)           +44 (0) 20 7846 0974 
 Andrew Hall 
Beaumont Cornish - Financial & Nominated Adviser  www.beaumontcornish.com 
 Roland Cornish                                    +44 (0) 20 7628 3396 
 James Biddle 
SP Angel Corporate Finance LLP -- Joint Broker    www.spangel.co.uk 
 Richard Morrison                                  +44 (0) 20 3470 0470 
 Caroline Rowe 
Axis Capital Markets Limited -- Joint Broker      www.axcap247.com 
 Richard Hutchison                                 +44 (0) 20 3206 0320 
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 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. 
 
 
 
 

(END) Dow Jones Newswires

May 11, 2020 02:00 ET (06:00 GMT)

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