Andrew Prelea of Vast: Confident of hitting target copper concentrate production after 47% increase in Q4

Jan 5, 2023

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Andrew Prelea CEO of Vast Resources is confident of hitting production target, of 14,000 tonnes per month in H1 2023, after announcing a 47% overall increase in copper concentrate production in Q4 2022.

Highlights

Vast Resources plc, the AIM-listed mining company, is pleased to announce that in Q4 2022 it achieved a 47% overall increase in copper concentrate production, a 248% increase in copper concentrate sold and a 35% increase in copper concentrate grade from its Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania compared with Q3 2022.

Further to the interim production update made last month, the Company is pleased to report that it has exceeded the forecasted figures announced on 16 December 2022, and that the December shipment was delivered as stated.

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Andrew Prelea of Vast: Confident of hitting target copper concentrate production after 47% increase in Q4

Andrew Prelea CEO of Vast Resources is confident of hitting production target, of 14,000 tonnes per month in H1 2023, after announcing a 47% overall increase in copper concentrate production in Q4 2022.