REG - Vast Resources PLC - Manaila Extension Drilling Results Update <Origin Href="QuoteRef">VAST.L</Origin>
RNS Number : 2573SVast Resources PLC29 September 2017Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
29 September 2017
Vast Resources plc
("Vast" or "the Company")
Manaila Extension (Carlibaba) Drilling Results Update
Vast Resources plc, the AIM-listed mining company with operations in Romania and Zimbabwe, is pleased to announce that further to the announcement on 8 June 2017, the analysis for the first 1,000m of the 2,200m drilling programme for Carlibaba, the proposed location of a second open pit mining operation at the Manaila Polymetallic Mine in Romania, is completed.
Preliminary results are in line with management expectations however the Company will provide full details in the coming week once the analysis has been reviewed and prepared in a presentation format.
In addition, the Company is pleased to report that progress is being made in the process of agreeing the contractual terms of the association on the licence granting the right to mine polymetallic ore at the Baita Plai mine in Romania ("Baita Plai"), in accordance with previous announcements and further updates will be made as soon as appropriate.
**ENDS**
For further information, visit www.vastresourcesplc.com or please contact:
Vast Resources plc
Roy Pitchford (Chief Executive Officer)www.vastresourcesplc.com
+44 (0) 20 7236 1177
Beaumont Cornish - Financial & Nominated Adviser
Roland CornishJames Biddle
www.beaumontcornish.com
+44 (0) 020 7628 3396Brandon Hill Capital Ltd - Joint Broker
Jonathan Evans
www.brandonhillcapital.com
+44 (0) 20 3463 5016
Peterhouse Corporate Finance Ltd - Joint Broker
Duncan Vaseywww.pcorpfin.com
+44 (0) 20 7469 0936
St Brides Partners Ltd
Susie Geliher
Charlotte Pagewww.stbridespartners.co.uk
+44 (0) 20 7236 1177The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
This information is provided by RNSThe company news service from the London Stock ExchangeENDDRLEAENNAAFXEFF
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