Change of Registered Office
Globenewswire·2025-05-15 11:20

Company Overview - Vast Resources plc is an AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [5] - The company focuses on advancing high-quality mining projects and recommencing production at previously operating mines [5] Registered Office Change - The registered office of Vast Resources has been changed to c/o Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London EC2N 4BQ, effective immediately [2] Romanian Operations - Vast holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent [6] - The company is working on confirming an enlarged exploration target of up to 5.8 million tonnes [6] - Vast also owns the Manaila Polymetallic Mine, which is being prepared for reactivation after a period of care and maintenance, and has received an Extended Exploitation Licence for further resource examination [7] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on all sales of non-ferrous concentrate and other metals produced [9] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajik government [10] - Aprelevka currently produces approximately 11,600 ounces of gold and 116,000 ounces of silver annually, with plans to increase production towards historical peak levels of approximately 27,000 ounces of gold and 250,000 ounces of silver per year [10] Zimbabwe Operations - Vast maintains a presence in Zimbabwe and is re-engaging its investment strategy, initiating discussions for further mining concessions [8]