Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
1 August 2022
Vast Resources plc
(‘Vast’ or the ‘Company’)
Baita Plai Operational Update
Vast Resources plc, the AIM-listed production and development company, is pleased to announce that it will commence molybdenum concentrate production in August 2022 at its Baita Plai Polymetallic Mine (“Baita Plai”) in
Further to the announcements made on 31 January 2022 and 3 May 2022 regarding the installation and commissioning of a molybdenum (‘Mo’) flotation line at Baita Plai, the Company is pleased to confirm that the 0.6m3 cells are installed in the flotation circuit and production of a molybdenum concentrate will commence in August 2022. The Company will report on quarterly molybdenum production as part of its quarterly production reporting.
The Company will upload photos and videos of the commencement of the Mo production at Baita Plai on its social media platforms.
Market Abuse Regulation (MAR) Disclosure
Certain 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 as it forms part of
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc Andrew Prelea (CEO) Andrew Hall (CCO) | www.vastplc.com +44 (0) 20 7846 0974 |
Beaumont Cornish – Financial & Nominated Advisor Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 20 7628 3396 |
Shore Capital Stockbrokers Limited – Joint Broker Toby Gibbs / James Thomas (Corporate Advisory) | www.shorecapmarkets.co.uk +44 (0) 20 7408 4050 |
Axis Capital Markets Limited – Joint Broker Kamran Hussain | www.axcap247.com +44 (0) 20 3206 0320 |
St Brides Partners Limited Susie Geliher / Charlotte Page | www.stbridespartners.co.uk +44 (0) 20 7236 1177 |
ABOUT VAST RESOURCES PLC
Vast Resources plc is a United Kingdom AIM listed mining company with mines, development projects and mining interests in
In
The Company's Romanian portfolio includes 100% interest in Vast Baita Plai SA’s producing Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts
The Company also owns the Manaila Polymetallic Mine in
Vast has an interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in
In