Baita Plai Miners Protest

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

26 August 2015
Vast Resources plc
("Vast" or "the Company")

Baita Plai Miners Protest

Vast Resources plc, the AIM-listed resource and development company, notes that miners at its 80 per cent owned Baita Plai Polymetallic Mine in Romania have started a sit-in demonstration underground at the mine in strong support of Vast and in protest at the delay in the mining licence being transferred from the state owned company Baita SA to Vast's Romanian subsidiary. 

The Company is aware of an English press report which has cited a comment by the Economy Minister of Romania, Mihai Tudose, stating that authorities were investigating suspected cases of illegal mining at the mine.  Vast wishes to state that the English translation of what was said by the Economy Minister is inaccurate and highly misleading and wishes to make clear that, whilst other mining operations continue to be undertaken within the larger perimeter, these are in no way connected either with Vast or with the Baita Plai Polymetallic Mine.  Vast has to date not carried out any mining activity at the Baita Plai Polymetallic Mine as it awaits the transfer of the mining licence to it. 

Vast remains confident that the mining licence will be transferred and continues to develop its Manaila Polymetallic Mine in Romania and Pickstone-Peerless Gold Mine in Zimbabwe in conjunction with the Baita Plai Polymetallic Mine, all of which offer near term revenue potential.

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For further information visit www.vastresourcesplc.com or please contact:

Vast Resources plc Roy Tucker (Finance Director)	[phone]  [phone]
Roy Pitchford (Chief Executive Officer)	[phone]  [phone]   [phone]
Strand Hanson Limited - Financial & Nominated Adviser  James Spinney  James Bellman	www.strandhanson.co.uk  [phone]
Daniel Stewart and Company plc - Joint Broker  Martin Lampshire David Coffman	www.danielstewart.co.uk  [phone]
Dowgate Capital Stockbrokers Ltd - Joint Broker Jason Robertson Neil Badger	www.dowgatecapitalstockbrokers.co.uk [phone]
St Brides Partners Ltd Charlotte Heap Hugo de Salis	www.stbridespartners.co.uk  [phone]

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Source: Vast Resources plc via Globenewswire

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