Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress at its Baita Plai Polymetallic Mine in Romania “Baita Plai”.
Final Shipping Update
Following the previous announcement regarding shipping updates made on 13th July 2020, the Company can confirm that the remaining containers of equipment, referred to in previous annoucements, have all arrived on site at Baita Plai.
Metallurgical Test Work Update
Following the previous announcements made on 12th & 15th May 2020 regarding the Baita Plai Metallurgical Test Work, the Company can confirm that the testing of Copper & Zinc has been finalised and the results are encouraging. The testing of the Lead and Molybdenum are ongoing. The Company will receive the Final Metallurgical Report from Grinding Solutions Ltd in August 2020.
The Company can also confirm it is now in receipt of the first batch of underground drill hole assays from ALS and the results are equally encouraging. Further batches of data are expected over the coming weeks. The Company will have a complete set of Assay results ready for publication in August 2020.
Commencement of Production Update
The Company can confirm that the commencement of underground production will go ahead, in line with previous annoucements, during the week commencing 27th July 2020. First concentrate will be produced in August 2020 in preparation for sale to Mercuria.
The Company will continue to update shareholders via social media.
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned