Andrew Prelea of Vast: Report on the Technical Programme secures long term future for Baita Plai

Andrew Prelea, CEO of Vast Resources #VAST comments on the Report on the Technical Programme for Baita Plai, which sets out a plan for a drilling programme for the purpose of establishing an enlarged JORC compliant Mineral Resource, saying its a significant step in securing the long term future of the mine.

The Report concludes that the fulfilment of the programme will give the Company potential to:

- Extend the current mine ore zone (Antonio)

- Justify the opening of a new mining area (Baia Rosie) directly from Antonio Level 15 into the Baia Rosie Skarn

- A potential upgrade to the existing Mineral Resource at Baita Plai (Antonio plus Baia Rosie) with the inclusion of a JORC compliant Exploration Target of 11.65-12.65Mtn at 0.98% to 1.69%% Cu, 0.23% to 0.57% Pb, 0.17% to 0.62%Zn.

- 12 Month Drilling Programme to confirm historic data and continuation of the previously mined areas.

- Total of 15,870 drilling metres (59 locations) are planned

- 10,890 diamond drilling metres are planned in Baia Rosie

- from surface 18 holes – 9,900 metres

- from underground 14 holes -990 metres

4,980 diamond drilling metres are planned for Antonio

from underground 27 holes – 4,980 metres

To read the full RNS click here