9th Jun 2025 07:00
This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
9 June 2025
Rome Resources PLC
("Rome" or the "Company")
Discovery of New Tin Zone at Mont Agoma
Rome Resources Plc (AIM: RMR), the DRC-focused tin and base metals explorer, is pleased to announce the discovery of a new tin zone on the eastern flank of the Mont Agoma prospect at its flagship Bisie North project in North Kivu Province, eastern DRC.
Highlights
· New tin zone intersected in hole MADD030: 40m interval in shallow weathered sequence.
· XRF on-site confirms significant tin mineralisation; assays pending.
· Sits outside existing soil anomaly and drilled area, suggesting a possible new system or fault-generated repetition.
· Potential for significant upside expansion along the eastern flank of Mont Agoma.
· Three rigs active; four holes drilled (737m) since 13 May, all encountering broad visual mineralisation.
· Maiden Resource Estimate (MRE) work underway.
Further details
Drill hole MADD030, located northeast of known mineralisation, intercepted a 40m wide tin-bearing zone at shallow depth. Although visual identification of cassiterite is limited in the weathered rock, initial Niton XRF readings confirms elevated tin levels, suggesting strong potential. Grades of tin mineralisation will be provided once laboratory results are reported.
Importantly, the mineralised intercept at MADD030 lies well outside both the current mineralised footprint and the tin-in-soil geochemical anomaly (Figure 1), potentially representing either a new tin system zone or a fault repetition of known mineralisation (Figure 2).
The newly drilled zone further suggests that there could be significant additional tin resource along the eastern flank of Mont Agoma.
Following the deepening of hole MADD030 (now MADD030A) to better understand the structural model, two follow-up drill holes will test the extension of this newly identified zone to the northwest.
To date, four holes totalling 737m have been completed since 13 May 2025 with three rigs currently drilling. All four holes have intersected visual tin, copper and zinc mineralisation and confirmed with the on-site Niton XRF analyser.
Broader zones of mineralisation are highlighted below, with no inference as to grade:
· MADD023: 50m Sn (38 - 88m), 8m Cu (105 - 113m), 31m Zn (57 - 88m)
· MADD025: 54m Sn (123 - 177m), 6m Cu (120 - 126m), 80m Zn (106 - 186m)
· MADD027: 57m Sn (61-118m), 71m Cu (67-138m), 57m Zn (67-124m)
Samples will be sent to ALS Global in South Africa with assay results expected before 31 July 2025.
Paul Barrett, Chief Executive Officer of Rome Resources Plc, commented:
"To date all the Mont Agoma drilling has focused on the main ridge where the geochemical anomaly is strongest. These initial indications from MADD030 open up the exciting scenario where tin mineralisation is present beyond the limits of our known footprint, potentially opening up the whole of the eastern flank of Mont Agoma. This is exactly the kind of upside we hoped to unlock with this new phase of drilling.
With three rigs turning, work in relation to our maiden mineral resource estimate underway and work due to start soon on the metallurgy of the deposit, Rome is building serious momentum on both the exploration and development fronts. We will continue sharing further updates in relation to drilling progress as well as assay results as they become available."
For more information and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: https://romeresources.com/s/5b5af1. Here you will find all company news and additional content to further explain Rome Resources' business.
Figure 1 Map of Mont Agoma showing new tin zone identified in drillhole MADD030
Figure 2 Cross Section through Mont Agoma showing shallow tin zone in drillhole MADD030
For further information, please contact:
Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor hub | https://romeresources.com/s/5b5af1 |
Rome Resources Plc Paul Barrett, Chief Executive Officer Mark Gasson, Chief Operating Officer
| Tel. +44 (0)20 3143 6748 |
Allenby Capital Limited (Nominated Adviser and Joint Broker) John Depasquale / Vivek Bhardwaj / Lauren Wright (Corporate Finance) Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking) | Tel. +44 (0)20 3328 5656
|
OAK Securities (Joint Broker) Jerry Keen, Head of Corporate Broking Henry Clarke, Head of Sales |
Tel. +44 (0)20 3973 3678 |
Camarco (Financial PR) Emily Hall / Gordon Poole / Sam Morris
| Tel. +44 (0)20 3757 4980
|
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Qualified Person Statement
Dr Deon Vermaakt is a consultant of Rome Resources plc, a qualified geologist and a registered Professional Natural Scientist (Geological Science) with the South African Council for Natural Scientific Professions (SACNASP Reg. No. 400074/03). Dr Vermaakt is a qualified person (QP) under NI 43-101 and as defined by the AIM Note for Mining, Oil and Gas Companies and has reviewed and approved the scientific and technical information contained in this news release.
Furthermore, Dr Vermaakt reviews all the sampling procedures on an on-going basis. The handheld Niton XRF is frequently checked and calibrated to ensure accurate analysis and measurements.
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