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Baita Plai Production
Production for the quarter is provided below with a comparison to previous quarters.

Baita Plai processing – former Hanes Gold Mine
Baita Plai, as part of its activities, has, as announced on 11 September 2024, also commenced processing the First Agreement product derived from the former Hanes Gold Mine, that is anticipated will generate long-term income for the Company. This activity combined with the mine’s own production is calculated to allow Baita Plai to be net cash generative towards the end of the year. The initial results from first production of the First Agreement material is a polymetallic concentrate containing in excess of 10 g/t of Au and in excess of 1200 g/t of Ag.

500t Concentrate sale
The Company is awaiting final assays to enable the shipment of the first consignment of the concentrate under the Second Agreement, as announced on 11 September 2024. It was hoped that these would have been received by now; but when they are received and assuming that they are as expected satisfactory, the Company will update the market upon shipment departure.

Aprelevka Mine Operations
Progress continues to be made at the Aprelevka mine (a joint venture in which the Company has a 4.9% interest in income) which the Company estimates has amounted to cost savings of approximately 25% of the production costs.

The Company now has increased the expat team to include management, production, mining and geological personnel to implement further improvements across the business, reduce costs, and improve mining methods and safety.

The changes in crushing have also resulted in an increase in throughput at the plant from 800 tonnes per day to 950 tonnes per day in Q2, and with further improvements is expected to increase to 1,500 tonnes per day in Q4 and beyond including, as already announced, a tertiary crushing system and new processing equipment currently under construction, that will allow the Company to reach up to 2,500 tonnes per day in Q2 2025. All capex costs have been self-generated for the increase in profitability that has been achieved.

The mine has re-commissioned the mills as announced on 4 June 2024 and has commenced the reprocessing of tailings in tandem with ore production to increase gold and silver production yielding high recoveries from the tailings. The new silver processing plant referred to in the Company’s announcement of 11 September 2024 is currently being installed and is targeted to be operational in Q4 2024, thus enabling the doubling of silver production at the plant, up to 360kg per month.

The Company takes this opportunity to notify that following the Company’s investment in Aprelevka, the Board was informed that Andrew Prelea and Paul Fletcher had acquired interests of 17.8% and 5% respectively in Gulf, International Minerals Ltd, which has a 49% interest in the Aprelevka mines.

Aprelevka Production
Production for the quarter is provided below with a comparison to previous quarters.

Takob
Full production has recommenced, and deliveries are expected in November.

Historic Claim
The Company maintains its position as announced on 24 September 2024.

Investor Warning

Investors and other Market Participants should note that the effectiveness of the measures referred to above to improve performance at Baita Plai and Aprelevka will only be known as and when the production results are achieved and can be announced.

Competent Person

The technical information in this announcement has been reviewed by, and the forward-looking technical views are based on, information interpreted by Dr Marius Zlagnean. Dr Marius Zlagnean has more than 30 years professional experience in the mining industry and is currently a Technical Consultant for Vast for the processing of ore in Romania and Tajikistan. He is also Head of the Processing Techniques and Technologies Department, and former Vice President of the Board of Directors, at the Romanian National Institute of Research and Development for Metals and Radioactive Resources.

Dr Zlagnean is a Qualified Person who is a Member in good standing of the:
Balkan Mineral Processing Technical Academy;
National Association of Specialists in Geology and Mining, Bucharest (Romania);
Executive Board of the XIII Balkanic Mineral Processing Congress, Bucharest;
Scientific Committee of the journal "Buletin CENTIREM";
Scientific Council National Institute of Research and Development for Metals and Radioactive Resources.

Dr Zlagnean is a mining engineer and has a PhD in engineering in centrifugal concentration of gold-silver precious metals at the University Petrosani. He is an accredited expert of the National Agency for Mineral Resources of Romania.

**ENDS**

For further information, visit www.vastplc.com or please contact:

ABOUT VAST RESOURCES PLC

Vast Resources plc is a United Kingdom AIM listed mining company with mines and projects in Romania, Tajikistan, and Zimbabwe.

In Romania, the Company is focused on the rapid advancement of high-quality projects by recommencing production at previously producing mines.

The Company's Romanian portfolio includes 100% interest in Vast Baita Plai SA which owns 100% of the producing Baita Plai Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts Romania's largest polymetallic mines. The mine has a JORC compliant Reserve & Resource Report which underpins the initial mine production life of approximately 3-4 years with an in-situ total mineral resource of 15,695 tonnes copper equivalent with a further 1.8M-3M tonnes exploration target. The Company is now working on confirming an enlarged exploration target of up to 5.8M tonnes.

The Company also owns the Manaila Polymetallic Mine in Romania, which the Company is looking to bring back into production following a period of care and maintenance. The Company has also been granted the Manaila Carlibaba Extended Exploitation Licence that will allow the Company to re-examine the exploitation of the mineral resources within the larger Manaila Carlibaba licence area.

Vast has an interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan. The Takob Mine opportunity, which is 100% financed, will provide Vast with a 12.25 percent royalty over all sales of non-ferrous concentrate and any other metals produced.

Vast has also been contractually appointed to manage and develop the Aprelevka Gold Mines located along the Tien Shan Belt that extends through Central Asia, producing at the time of appointment approximately 11,600 oz of gold and 116,000 oz of silver per annum. It is the intention to increase production closer to historical peak production of 27,000 oz gold and 250,000 oz silver. Vast is entitled to a 4.9% effective interest in the mines with the option to acquire equity in the future.

The Company retains a continued presence in Zimbabwe in respect of the Historic claims.

Beaumont Cornish Ltd

Beaumont Cornish Limited (“Beaumont Cornish”) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

The following is a summary of technical terms: