viewVast Resources PLC

Vast Resources eyes start of underground production at Baita Plai

The last remaining shipments of equipment recently arrived on-site in Romania

Vast Resources PLC - Vast Resources eyes start of underground production

Vast Resources PLC (LON:VAST) has updated investors on its operations at the Baita Plai polymetallic mine, in Romania, where it has now received to site all awaited containers of equipment required for the continued development of the mine.

Vast said it now intends to start underground production next week and it expects first concentrate production will take place in August.

READ: Vast Resources receives licence to expand Manaila

Additionally, the company gave details of its metallurgical testing programme which has provided encouraging results for copper and zinc, while lead and molybdenum tests are ongoing.

The group said it now has receipt of the first batch of underground drill hole assays and those results are also described as encouraging. More data is expected over the coming weeks, Vast added.

Quick facts: Vast Resources PLC

Price: 0.16 GBX

Market: AIM
Market Cap: £21.38 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Vast Resources PLC named herein, including the promotion by the Company of Vast Resources PLC in any Content on the Site, the Company receives...


Market report: FTSE gains as pound falls on fears of a no-deal Brexit

The FTSE opened in positive territory this morning on the back of a weak pound after U.K. Prime Minister Boris Johnson raised the chances of a no-deal Brexit as trade negotiations continue to look uncertain with the European Union. Johnson would rather let talks fail than...

3 weeks, 2 days ago

2 min read