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Rome Resources Confirms Wide Zones of Tin, Copper, & Zinc Mineralization at Mont Agoma

  • Diamond drilling results from Mont Agoma prospect confirm significant widths of tin mineralization across three zones.
  • Tin grades increase at depth, aligning with company's mineralization model and suggesting higher grades likely at deeper levels.
  • High-grade copper and zinc also intersected, with copper potentially within a high-grade shoot and zinc comparable to nearby deposit.
  • £4.2M strategic investment from Stanvic Mining enables expanded drilling to define resources in Q1 2025.
  • Encouraging signs point to potential for significant tin, copper, zinc, and silver resources at Mont Agoma and Kalayi prospects.

Rome Resources (AIM:RMR) is a tin exploration company focused on the Democratic Republic of Congo (DRC). The company's key assets are the Mont Agoma and Kalayi tin prospects located in the North Kivu province. Rome Resources aims to unlock the potential of these prospects to become a significant tin producer in the DRC.

Drilling Results

Rome Resources announced highly encouraging assay results from the first two diamond drill holes of an ongoing drilling campaign at its Mont Agoma prospect. The holes, MADD016A and MADD017, confirmed significant widths of tin mineralization across three discrete zones, with combined widths of 38.4m and 32.1m respectively.

Notably, tin grades and visible tin minerals increased in the deeper intersection in MADD017, supporting the company's zonation model in which tin grades are expected to increase closer to the granitic source at depth. Going forward, drilling will focus on evaluating the development of mineralization approximately 100m below the current intercepts.

The best tin intercepts include:

  • MADD016A: 3m at 0.27% Sn, 20.5m at 0.18% Sn, 14.9m at 0.45% Sn (38.4m total)
  • MADD017: 4m at 0.44% Sn, 10.5m at 0.28% Sn, 9.6m at 0.37% Sn, 8m at 0.49% Sn (32.1m total)

In addition to tin, the holes also intersected high-grade copper and zinc mineralization:

  • Copper: 3.9m at 1.24% Cu and 1.7m at 4.8% Cu in MADD016A
  • Zinc: 31m at 4.02% Zn in MADD016A and 25.35m at 13.97% Zn in MADD017
Completed and Planned Diamond Drill Holes with Tin Results at Mont Agoma.
Source: Significant Tin Widths Confirmed at Mont Agoma

Mineralization Model

The drilling results to date indicate that the mineralization at Mont Agoma aligns with the copper-to-tin transition zone seen at the San Rafael deposit in Peru, with copper grades decreasing and tin grades increasing at greater depth.

The high-grade copper appears to be within a shoot plunging to the northwest, as evidenced by over 100m of visible copper mineralization in MADD018, the northernmost hole drilled so far.

The high-grade zinc occurs in a similar setting to the nearby Mpama South deposit operated by Alphamin Resources. Importantly, the tin, copper, and zinc mineralization remains open to the north, south, and at depth, offering significant potential for further expansion.

Next Steps

A £4.2 million strategic investment from Stanvic Mining has put Rome Resources in a strong position to accelerate drilling at both Mont Agoma and Kalayi. The company is well-funded to continue deeper drilling throughout 2025, particularly targeting the depth extensions where there are clear indications of increasing tin grades.

With five holes completed and three holes ongoing out of an initial 12-hole program at Mont Agoma, Rome Resources has already covered 500m of the 1km potential strike length. Assays are pending for the other completed holes.

The company will also be drilling a priority deep hole, MAPC015, to confirm the continuation of high-grade mineralization at depth and to enable planning of an extensive follow-up drilling program. Additional results are also expected from the Kalayi prospect during January 2025.

The focus of the ongoing exploration program is to define significant tin, copper, zinc, and silver resources at Mont Agoma and Kalayi within the first quarter of 2025.

For Investors

The latest drilling results from Mont Agoma are a major step forward for Rome Resources, confirming wide zones of tin, copper, and zinc mineralization with clear potential for higher tin grades at depth. The receipt of strategic funding enables the company to aggressively advance both the Mont Agoma and Kalayi prospects with the near-term goal of delineating substantial polymetallic resources.

With a strong treasury, highly prospective ground, and active drilling programs, Rome Resources offers a compelling opportunity for investors to gain exposure to the burgeoning tin sector in the DRC. Positive drilling results, a growing resource base, and the development of two potential company-making projects could serve as key catalysts for the stock over the coming months. Investors should watch this space closely.

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