Vast Resources granted Manaila expansion licence

UK-based Vast Resources has been granted a permit for its Manaila Carlibaba extension project in Romania, enabling an expansion of over 400% on the original project surface area and the construction of a larger processing facility.
Vast Resources granted Manaila expansion licence Vast Resources granted Manaila expansion licence Vast Resources granted Manaila expansion licence Vast Resources granted Manaila expansion licence Vast Resources granted Manaila expansion licence

Manaila polymetallic mine

Preliminary studies by the company indicate a new open-pit mine can be built there to exploit mineral resources to a depth of approximately 125 meters below surface, and a smaller higher-grade underground mine simultaneously developed below this facility.

The newly agreed Manaila Carlibaba exploitation licence area covers 138.6 hectares, an increase of 410% in surface area from the existing area. This size also allows for a larger mining and processing facility to be developed that would eliminate the current need to transporting mined ore elsewhere, added the company.

A survey of the Manaila Carlibaba exploitation perimeter in 2018 found contains a JORC 2012 compliant measured and indicated mineral resource of 3.6Mt grading 0.93% copper, 0.29% lead, 0.63% zinc, 0.23g/t gold and 24.9g/t silver with Inferred Mineral Resources of 1.0Mt grading 1.10% copper, 0.40% lead, 0.84% zinc, 0.24g/r gold and 29.2g/t silver.