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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

AIM:VAST
Market: AIM
Market Cap: £21.38 m
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