Vast concludes JV to access diamond fields in Zimbabwe

Aim-listed Vast Resources has concluded an agreement with Red Mercury for exclusive access to a diamond concession area in what has become known as the Marange diamond fields in the Chiadzwa region of Zimbabwe.  Under the terms of the agreement, Vast will have the right to carry out initial due diligence on the area with a view to concluding a joint venture agreement, the principal terms of which have been agreed, for exploration, mining and marketing of any diamonds recovered.