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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: | 8/24/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 24-8-2018: Vast Resources Plc announces an Exploration/Drilling Update report for its Blueberry deposit at the Blueberry project. Drilling results incl. 52.20m @ 0.80g/t Au, 2.73g/t Ag, 0.01% Cu, 0.02% Zn from 0.80m. Vast Resources plc, the AIM listed min | |
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 the first set of drill results from the exploration programme undertaken at the recently acquired 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, "Having acquired a strategic interest in Blueberry less than a week ago, we are delighted to be able to share with investors the first set of drill results from the active exploration programme currently underway which we believe support the expedited development approach that we have implemented to realise the value potential of this asset. We look forward to sharing the assay results from the drill programme on a regular basis in the coming weeks as we continue to explore the potential size and quality of this significant mineralised system at Blueberry with the objective of ultimately crystallising value for Vast shareholders through a proposed IPO." | |
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