Vast Resources First Gold Production in August 2015 Update

  
 
   Vast, the AIM listed resource and development company, has told 
DirectorsTalk that strong progress is being made in advancing the 
Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. 
The mine is being commissioned, with an estimated annualised gold 
production of circa 10,000oz Au expected from the targeted initial 
mining rate of 10,000 tonnes of ore per month from the open cast oxide 
gold cap. 
 
   Overview 
 
 
   -- First two blasts, one at the Pickstone open cast pit and one at the 
      Peerless open cast pit, have been completed 
 
   -- Run-of-mine ore stockpile is being built at the feed-pad to the crusher 
      ready for the wet commissioning of the crusher circuit: 
 
          -- The circuit, consisting of a primary crusher, two secondary 
             crushers and a cone crusher, is complete - commissioning  expected 
             to take place imminently 
 
          -- Completion of the crushing circuit will release additional 
             construction personnel to be allocated to the milling circuit and 
             the carbon-in-leach/carbon-in-pulp tanks 
 
   -- Electrowinning (the recovery of metals from their ores that have been put 
      into solution by means of electrical methods) and gold production 
      facility is complete 
 
   -- Ancillary facilities such as the laboratory, accommodation and mine 
      offices are complete 
 
   -- First gold production scheduled for August 2015 
 
   -- First round of grade control drilling has been completed confirming the 
      initial grades expected of approximately 3.0 grams per tonne 
 
 
 
   Photographs of the plant construction and videos of the initial two 
blasts will be available on the Company's website at 
www.vastresourcesplc.com. 
 
   Roy Pitchford, Chief Executive Officer, commented: 
 
   "With the commencement of blasting, the processing plant construction 
well advanced and production on track to commence in August 2015, this 
is a very exciting period of development.  In addition to realising 
commercial production in Zimbabwe, we continue to advance our 
polymetallic interests in Romania and we look forward to updating 
shareholders on our activity in both Zimbabwe and Romania in due 
course."