Highlights from the latest phase of drilling included;
21.7m at 3.14 grams per tonne (g/t) of gold (Au) and 3.12 g/t silver (Ag) from 25.3m to 47.0m
12.0m at 5.79 g/t Au, 5.86 g/t Ag from 54.0m to 66.0m
31.0m at 1.09 g/t Au, 1.42 g/t Ag from 119.0m to 150.0m
9.5m at 1.44 g/t Au and 3.08 g/t Ag, from 1.0m to 10.5m
28.5m at 1.58 g/t Au, 17.42 g/t Ag, 0.26% lead (Pb) and 0.38% zinc (Zn) from 28.5m to 57.0m
· Including 8.0m at 0.90g/t Au, 19.33g/t Ag, 0.55% Pb and 0.80% Zn
5.0m at 0.85 g/t Au, 17.68 g/t Ag, 0.1% Pb and 0.22% Zn from 79.0m to 84.0m
6.5m at 0.03 g/t Au and 94.32 g/t Ag, from 10.5m to 17.0m
3.0m at 3.24 g/t Au, 22.60g/t Ag, 0.10% Pb and 0.19% Zn from 33.0m to 36.0m.
9.0m at 0.25 g/t Au, 1.74 g/t Ag, 0.31% Pb and 0.51% Zn from 126.0m to 135.0m
24.0m at 2.64 g/t Au, 22.77 g/t Ag, 0.36% Pb and 0.40% Zn from 19.0m to 43.0m
To date, a total of 3,581 metres of assay results have been received from the 6,802-metre drill programme, representing 52.6% of total assays, the company said, adding that there was “continued progress” towards defining a maiden JORC resource estimate by the end of the year.
Andrew Prelea, chief executive of Vast, said the rest of the of the period up to the end of the year would be “punctuated with additional assay results and operational updates” as the firm prepared to apply for an exploitation license by year end.
He added that the company was also focusing on “rapidly expanding and enhancing” its production profile in Romania.