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Vast Resources Plc
Summary
| Project: | Manaila Mine | |
|---|---|---|
| Deposit: | Carlibaba | |
| Location: | Romania | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 10/4/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 4-10-2017: Vast Resources Plc announces an Exploration/Drilling Update report for its Carlibaba deposit at the Manaila Mine project. Drilling results incl. 27.0m @ 0.49% Cu, 0.21% Pb, 0.45% Zn, 0.28g/t Au, 11.19g/t Ag from 28m. Vast Resources plc, the AIM | |
| Resources: | (not mentioned in this report) | |
| 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 results of its first phase of drilling at the Carlibaba prospect ('Carlibaba'), the proposed location of a second open pit mining operation at the Manaila Polymetallic Mine in Romania ('Manaila'). Roy Pitchford, Chief Executive of Vast, commented:"Carlibaba is shaping up to be an important new component in our expanding portfolio of development projects and operating mines in Romania. Not only does Carlibaba appear to be a significant new mining prospect in its own right, but when coupled with the proximal main open pit at Manaila and the proposed new metallurgical complex, the entire production profile of the licence has potential to be significantly enhanced to deliver long-term profitable operations for the Company."A total of nine diamond drill holes were cored for a total of 1,000.6 metres of drilling. All samples were logged on site by Vast employees in conjunction with Formin SA, a local drilling and geological consultancy firm. All core from mineralised intervals were split in half using a diamond saw on site and photographed. One half of the core was used for sampling with the samples sent to the independent laboratories of ALS at Rosia Montana. The remaining split core is stored on site for future reference. | |
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