Vast Resources plc, the AIM quoted mining company, is pleased to announce that further to the announcement of 7 May 2025, positive progress has been made in the primary beneficiation process of preparing the diamond parcels for tendering.
Over recent weeks the Company has been working with specialist consultants to develop new cleaning and sorting processes specific to these eluvial stones, which are unique in character and require several layers of cleaning and preparation to maximise their value at tender. The intention of the Company is to be directly and indirectly involved in the entire value-chain where possible in order to maximise returns for shareholders, as this a unique opportunity to best capitalise on the long-awaited parcels from the historic settlement and could open further opportunities for the Company in the future.
Example photos of approximately 500ct of 4-6ct mixed stones during the various stages of the primary beneficiation process can be viewed using the following link http://www.rns-pdf.londonstockexchange.com/rns/9005Q_1-2025-7-14.pdf and will also be shared on the Company’s social media, to provide a visual representation of what has been achieved to date.
The Company will provide further updates to the market in due course.
**ENDS**
For further information, please visit the Company’s website at www.vastplc.com or contact:
|
Vast Resources plc Andrew Prelea (CEO) |
+44 (0) 20 7846 0974 |
