28th Aug 2024 11:22
(Alliance News) - Rome Resources PLC on Wednesday said it expects to find further mineralisation at the Kalayi prospect after reporting positive findings from its latest drilling campaign.
The Vancouver, Canada-based mineral explorer has been conducting drilling operations on its Kalayi prospect in the Democratic Republic of Congo which, together with the Mont Agoma prospect and the Mont Agoma Northwest prospect, comprise the Bisie North tin projects.
Drilling at KBDD006 in Kalayi has intersected a "significant" tin mineralisation zone at a depth between 29 and 52 metres below the trench.
Chief Executive Officer Paul Barrett said: "We are delighted to see such a significant intersection of mineralisation so early in the drilling campaign, confirmed from drillsite analysis as tin-bearing. More importantly, this mineralisation is present from surface and given the management's experience at Alphamin's neighbouring Bisie Tin project, it is expected to continue to considerable depths. We will continue to build on this success with the forward campaign and look forward very much to informing shareholders of the quantitative assay results when available."
The next drillhole will be situated 100 metres to the north west of KBDD006.
Mobilisation of the second and third drill rigs at the site is ongoing with completion expected by the end of this week or early next week.
Rome Resources shares were up 1.8% at 0.29 pence each in London on Wednesday morning.
By Elijah Dale, Alliance News reporter
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