16th Jan 2026 14:24
(Alliance News) - Rome Resources PLC shares rose on Friday after the miner reported progress at its Bisie North drilling programme in the Democratic Republic of the Congo, highlighting encouraging tin mineralisation at depth.
The tin and copper explorer said drilling is underway at both the Mont Agoma and Kalayi prospects, with two rigs currently operating on site. The programme follows the company's maiden mineral resource estimate announced in December.
At Kalayi, Rome Resources said early on-site results from drillhole KBD019 confirmed significant tin mineralisation.
The hole was drilled to a depth of 189.5 metres and intersected a six-metre zone between 129 metres and 135 metres showing elevated tin content. Handheld XRF readings across the interval averaged 1.6% tin, within a broader 26-metre zone of disseminated cassiterite mineralisation.
The company said the results are consistent with its geological model for Kalayi, which indicates near-surface high-grade tin mineralisation that remains open at depth and is expected to increase in width and grade.
Drilling has since moved to a follow-up hole at the Kalayi prospect.
At Mont Agoma, Rome Resources said drilling is progressing toward deeper parts of the system where tin grades are anticipated to strengthen. One hole was completed to 94 metres to support structural modelling, while a second hole from the same pad is advancing at around 190 metres depth within the main mineralised zone.
Chief Executive Officer Paul Barrett said: "We are encouraged by the early indications from this second phase of drilling at Kalayi, where the intersection of a tin-rich zone at depth is consistent with the Company's structural model and expectations for high-grade extensions beneath the known mineralisation."
Rome Resources shares were up 14% at 0.25 pence in London on Friday afternoon.
By Eva Castanedo, Alliance News reporter
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