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Transaction Announcement Reports
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Project: | Blueberry | |
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Deposit: | Blueberry | |
Location: | Romania | |
Commodities: | Gold-Silver-Copper-Lead-Zinc | |
Date: | 10/11/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-10-2018: Vast Resources Plc announces an Exploration/Drilling Update report for its Blueberry deposit at the Blueberry project. Drilling results incl. 21.7m @ 3.14g/t Au, 3.12g/t Ag, 0.01% Cu, 0.01% Zn from 25.3m. Vast Resources plc, the AIM listed mi | |
Resources: | x | |
CP/QP: | [Overall Report]: Craig Harvey (Internal) | |
ABSTRACT: | Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, is pleased to announce further assay results from the exploration programme undertaken at the Blueberry Project ('Blueberry' or the 'Project') in Western Romania, in which Vast holds a 29.41% interest, subject to the conditions described in the Company's announcement of 15 August 2018. Blueberry is located in the 'Golden Quadrilateral' of Western Romania, which hosts the prolific Baia de Aries gold mine, the 17.1Moz Rosia Montana Mine and the 7.2Moz Rovina Valley Project. Andrew Prelea, Chief Executive of Vast, commented,"I am delighted to report further highly encouraging assay results from Blueberry, which continues to progress at an impressive pace ahead of our targeted maiden resource estimate within three months' time. This period will be punctuated with additonal assay results and operational updates as the team on site prepare all of the relevant work flows to enable the application for the exploitation licence at the end of this year."Hot on the heels of the approval from ANRM for our Baita Plai Association Licence yesterday, we are focussed on rapidly expanding and enhancing our overall production profile in Romania to establish Vast as the leading mid-tier, multi-commodity mining company in the region." | |
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