Operations

Two regions, multiple projects, one vision

Vast Resources has two primary areas of activity: Tajikistan and Romania. Our operations are focused on revitalising existing assets, expanding production capacity and unlocking significant mineral potential in these highly prospective regions.
Gold
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Based on maximum resource inventory value across Tajik portfolio

Silver
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Based on maximum resource inventory value across Tajik portfolio

copper
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Exploration Target under NAEN code at Baita Plai Mine

A key part of our strategic focus is our foothold in the highly prospective Tien Shan Belt, one of the most prolific and mineral-rich geological belts in the world. Stretching across Central Asia, the Tien Shan is renowned for its exceptional endowment of gold, copper, and other base and precious metals, and hosts some of the world’s largest and most successful mines, including the Kumtor Gold Mine in Kyrgyzstan, Muruntau in Uzbekistan — one of the biggest gold mines globally — and major operations like the Almalyk Mining and Metallurgical Complex. Vast Resources’ presence in Tajikistan, in a prime area of this globally significant belt, provides us with a unique opportunity to tap into its vast potential, applying our technical expertise and responsible mining approach to unlock value and deliver sustainable benefits for all stakeholders.

Vast Resources is working to expand gold mining and processing facilities at the Aprelevka group of mines and central processing facility, where the Company holds a 49% beneficial interest, alongside the Government of Tajikistan, which holds the remaining 51%. Our objective is to increase production capacity and extend the life of the mine through the development of new mining areas, the upgrade of existing processing plants, and the introduction of advanced mining technologies to enhance efficiency and ensure environmental best practice.

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COMMODITY CURRENT PRODUCTION

Gold

40,774t at 1.40g/t

Silver

40,774t at 19.23g/t

Status

Producing

Beneficial interest

49%

Resources

200kt-3.12Mt at 2.7-3.0g/t Au and 32.0-40.9g/t Ag for 17,000-301,000oz Au and 203,000oz-4,100,000Moz Ag

COMMODITY CURRENT PRODUCTION

Gold (open pit)

27,782t at 1.24g/t

Gold (underground)

40,248t at 1.37g/t

Silver (open pit)

27,782t at 18.96g/t

Silver (underground)

40,248t at 19.14g/t

Status

Producing

Beneficial interest

49%

Resources

150kt-210kt at 3.9-5.6g/t Au and 17.3-70.0g/t Ag for 19,000-38,000oz Au and 84,000oz-474,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

22,328t at 1.20g/t

Silver

22,328t at 9.80g/t

Status

Producing

Beneficial interest

49%

Resources

60kt-400kt at 9.0-11.4 g/t Au and 18.0-23.0g/t Ag for 16,000-148,000oz Au and 32,000-299,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

40,458t at 1.16g/t

Silver

40,458t at 9.30g/t

Status

Producing

Beneficial interest

49%

Resources

460kt-750kt at 1.4-1.7 g/t Au and 97.8-110.0g/t Ag for 20,000-40,000oz Au and 1,439,000-2,645,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

352,307t at 0.65g/t

Silver

352,307t at 20.36g/t

Status

Producing

Beneficial interest

49%

Resources

690kt-5.86Mt at 0.4-0.6 g/t Au and 16.3-18.0g/t Ag for 9,000-106,000oz Au and 363,000-3,395,000oz Ag

Status

Near term production

Beneficial interest

49%

Resources

2.72Mt-3.36Mt at 1.1-1.4 g/t Au and 304.4-376.0g/t Ag for 98,000-149,000oz Au and 26,618,000-40,618,000oz Ag

In Romania, Vast Resources is focused on two significant brownfield sites: Baita Plai and Manaila. 

Baita Plai lies within an area renowned for hosting Romania’s largest polymetallic mines. Located just 50km northwest of the major Rosia Montana gold-copper mine (>10Moz Au) and 52km northwest of Roșia Poieni — which holds over one billion tonnes of porphyry copper ore — Baita Plai is well positioned for growth. A comprehensive drilling campaign has been launched ahead of implementing a new mine plan to guide future production activities at Baita Plai.

The Manaila-Carlibaba Mining Complex includes the Manaila Polymetallic Mine, together with the Carlibaba extension project. Vast Resources is currently assessing opportunities to establish a new open pit operation to extract resources alongside development of a smaller, higher-grade underground mine beneath the open pit.

With these projects, Vast Resources is unlocking valuable mineral wealth and laying the foundation for sustainable, long-term production growth.

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Status

Care and maintenance

Beneficial interest

100%

Resources

Measured, Indicated & Inferred mineral resource category of 608,000 tonnes @ 2.58% Cu equivalent

Status

Care and maintenance / development

Beneficial interest

100%

Royalty rate and type

Measured and Indicated Mineral Resource of 3.6Mt grading 0.93% Cu, 0.29% Pb, 0.63% Zn, 0.23g/t Au and 24.9g/t Ag

Vast retains a continued presence in Zimbabwe and is re-engaging its future investment strategy in Zimbabwe.  The management has commenced discussions with further mining concessions in-country alongside its wider portfolio.

Vast is also involved in diamond sales, relating to a historic parcel of stones returned to the Company in 2025.

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Tajikistan