12th Aug 2025 14:09
(Alliance News) - Rome Resources PLC on Tuesday said recent drilling found tin and copper at new zones and extensions of known zones at its Mont Agoma prospect.
The stock was up 12% at 0.31 pence on Tuesday afternoon in London.
Rome Resources, a Democratic Republic of the Congo-focused metal exploration company, said: "Recent drilling has encountered tin and copper mineralisation at both newly identified zones in addition to deeper extensions of known zones."
The firm said the prospect's new zone, at its flagship Bisie North Project in the eastern DRC, was encountered at drill hole MADD030 and confirmed by MADD030A. The latter confirmed the new zone, returning 18 metres of mineralisation with a 2.4% maximum tin grade.
"Results suggest the presence of a strike-slip fault creating a potential duplication of the principal mineralisation zone to the east of the main zone drilled to date," it added.
Rome Resources also said drill hole MADD032 encountered a 13-metre copper intercept with a maximum grade of 13%, and nine metres of tin "within a higher-grade, 13 metres wide zinc zone".
The company said it expects the "significant copper intercepts" to add to Mont Agoma's "growing polymetallic resource...in connection with the ongoing work associated with [its] maiden mineral resource estimate."
Moreover, Rome Resources said it expects assays for another six drill hole samples in two to three weeks, and will include these in its forthcoming MRE. Within a similar time frame, it also expects results from recently completed soil sampling "to define a northerly extension of the tin anomaly along strike from the main tin zone intercepts".
Chief Executive Paul Barrett commented: "We are pleased to see consistent mineralisation coming through in our follow-up drilling at Mont Agoma. Drill holes MADD030 and MADD030A suggest additional tin potential to the east of Mont Agoma and the copper grades emerging from MADD032 are equally encouraging.
"We are working closely with [consultancy] MSA to ensure our geological model and upcoming MRE are both technically robust and representative of the system's potential."
He continued: "With several assays pending and both MRE and metallurgical testwork underway, the coming months should provide the potential for multiple value-driving milestones for the company."
By Emma Curzon, Alliance News reporter
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