Vast Resources PLC Investor Update and Q&A Session
May 31 2022 - 1:01AM
RNS Non-Regulatory
TIDMVAST
Vast Resources PLC
31 May 2022
Vast Resources plc / Ticker: VAST / Index: AIM / Sector:
Mining
31 May 2022
Vast Resources plc
("Vast" or the "Company")
Investor Update and Q&A Session
Vast Resources plc, the AIM-listed producing mining company, is
pleased to announce that Andrew Prelea (CEO) and Andrew Hall (CCO)
will provide a live investor update and Q&A session via the
Investor Meet Company platform on Monday 6 June 2022 at 2:00pm
BST.
The presentation is open to all existing and potential
shareholders. Questions can be submitted pre-event via your
Investor Meet Company dashboard up until 9am the day before the
meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add
to meet Vast via:
https://www.investormeetcompany.com/vast-resources-plc/register-investor
Investors who already follow Vast on the Investor Meet Company
platform will automatically be invited.
**ENDS**
For further information, visit www.vastplc.com or please
contact:
Vast Resources plc www.vastplc.com
Andrew Prelea (CEO) +44 (0) 20 7846 0974
Andrew Hall (CCO)
Beaumont Cornish - Financial www.beaumontcornish.com
& Nominated Advisor +44 (0) 20 7628 3396
Roland Cornish
James Biddle
Shore Capital Stockbrokers www.shorecapmarkets.co.uk
Limited - Joint Broker +44 (0) 20 7408 4050
Toby Gibbs / James Thomas (Corporate
Advisory)
Axis Capital Markets Limited www.axcap247.com
- Joint Broker +44 (0) 20 3206 0320
Kamran Hussain
St Brides Partners Limited www.stbridespartners.co.uk
Susie Geliher +44 (0) 20 7236 1177
Charlotte Page
ABOUT VAST RESOURCES PLC
Vast Resources plc is a United Kingdom AIM listed mining company
with mines and projects in Romania and Zimbabwe.
In Romania, the Company is focused on the rapid advancement of
high-quality projects by recommencing production at previously
producing mines.
The Company's Romanian portfolio includes 100% interest in the
producing Baita Plai Polymetallic Mine, located in the Apuseni
Mountains, Transylvania, an area which hosts Romania's largest
polymetallic mines. The mine has a JORC compliant Reserve &
Resource Report which underpins the initial mine production life of
approximately 3-4 years with an in-situ total mineral resource of
15,695 tonnes copper equivalent with a further 1.8M-3M tonnes
exploration target. The Company is now working on confirming an
enlarged exploration target of up to 5.8M tonnes.
The Company also owns the Manaila Polymetallic Mine in Romania,
which was commissioned in 2015, currently on care and maintenance.
The Company has been granted the Manaila Carlibaba Extended
Exploitation Licence that will allow the Company to re-examine the
exploitation of the mineral resources within the larger Manaila
Carlibaba licence area.
The Company has also acquired an interest in a joint venture
company which provides exposure to a near term revenue opportunity
from the Takob Mine processing facility in Tajikistan. The Takob
Mine opportunity, which is 100% financed, will provide Vast with a
12.25 percent royalty over all sales of non-ferrous concentrate and
any other metals produced. Processing of stockpiled ore on site is
expected to commence in Q2 2022.
In Zimbabwe, the Company is focused on the commencement of the
joint venture mining agreement on the Community Diamond Concession,
Chiadzwa, in the Marange Diamond Fields.
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END
NRAEANSEDFDAEFA
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