VAST Vast Resources Plc

 
TIDMVAST 
 
   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
 
   28 May 2015 
 
   Vast Resources plc 
 
   ("VAST" or the "Company") 
 
   Progress Announcement - Pickstone-Peerless Gold Mine 
 
   VAST, the AIM listed resource and development company, is pleased to 
provide an update on progress at the Pickstone-Peerless Gold Mine (PPGM), 
in which VAST has a 50 per cent. equity interest. 
 
 
   -- Substantially all of the gold processing equipment has arrived at the 
      mine 
 
 
   -- Installation of the equipment is estimated to be 80% complete 
 
 
   -- Grade control drilling and preparation of the oxide open cast mine is 
      on-going 
 
 
   -- Ore stockpiling will commence in June 2015 
 
 
   -- The gold processing plant is scheduled to undergo hot commissioning in 
      July 2015 
 
 
   -- Maiden gold deliveries to Fidelity Printers, the Zimbabwe State refining 
      facility, are expected in August 2015 
 
 
   -- The Ministry of Mines, the local community, and all relevant authorities 
      are kept up to date on progress on a regular basis 
 
 
   Roy Pitchford, Vast CEO, commented; "We are very pleased with the 
progress made to date in developing PPGM and with the build quality of 
the ore processing plant.  The working relationship with joint owners, 
Grayfox Investments (Pvt) Ltd, is excellent and both parties look 
forward to commencing operations shortly. Expansion options are under 
consideration for implementation as soon as practicable." 
 
   A presentation will be added to the website which highlights the mining 
strategy being followed at Pickstone-Peerless Gold Mine. 
 
   *** ENDS *** 
 
   For further information visit www.vastresourcesplc.com or please 
contact: 
 
 
 
 
Roy Tucker (Finance Director)                          +44 (0) 1622 816918 
 Roy Pitchford (Chief Executive Officer)                +44 (0) 7920 189012 
                                                        +44 (0) 7793 909985 (UK) 
                                                        +40 (0) 7411 11900 (Romania) 
                                                        +263 (0) 7721 69833 (Zimbabwe) 
 
Strand Hanson Limited - Financial & Nominated Adviser  www.strandhanson.co.uk 
 James Spinney                                          +44 (0) 20 7409 3494 
 Ritchie Balmer 
 James Bellman 
 
Daniel Stewart and Company plc - Broker                www.danielstewart.co.uk 
 Martin Lampshire                                       +44 (0) 20 7776 6550 
David Coffman 
 
St Brides Partners Ltd                                 www.stbridespartners.co.uk 
 Charlotte Heap                                         +44 (0) 20 7236 1177 
 Hugo de Salis 
 
 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Vast Resources plc via Globenewswire 
 
   HUG#1924376 
 
 
  http://www.acrplc.com/ 
 

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