REG - Rome Resources PLC - Maiden MRE Work Commences at Bisie North

Rome ResourcesAnnouncement

02/06/2025 07:00

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RNS Number : 9063K  Rome Resources PLC  02 June 2025

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2 June 2025

Rome Resources PLC

("Rome" or the "Company")

 

Maiden Mineral Resource Estimate Work Commences at Bisie North

 

Rome Resources Plc (AIM: RMR), the DRC-focused tin and base metals explorer,
is pleased to advise that it has engaged The MSA Group (Pty) Ltd ("MSA") to
complete maiden Mineral Resource Estimates ("MREs") for its Bisie North
project located in North Kivu Province, eastern DRC.

The scope of work covers both the Kalayi and Mont Agoma prospects and includes
the generation of mineral resource models and reporting in accordance with CIM
guidelines. The results will be documented in an NI 43-101 Technical Report,
suitable for LSE-AIM disclosure and will include revieing 3D block models,
incorporating grades and estimating tonnage.  In addition, an assessment will
be made of the prospects for eventual economic extraction.

A previous NI 43-101 Technical Report was completed for Rome by MSA in 2024.
Following extensive drilling since then, sufficient data has now been
generated to support the creation of three dimensional mineralisation models
for both prospects.

Completion of the maiden MRE is targeted for around the end of June 2025 at
which point a summary will be released to the market and the full report
available on the Company's website.

Rome is currently undertaking an aggressive deep drilling programme at Mont
Agoma, with three rigs in operation targeting deeper tin mineralisation
beneath the shallower copper-zinc zones.

Given strong momentum in the field, an update to the initial maiden MRE is
expected following receipt of new assay results from the current campaign.
In addition, the Company will put out an update on pre-assay drill results
when available, the first being on completion of the current three drill holes
in the coming days.

 

Paul Barrett, Chief Executive Officer of Rome Resources Plc, commented:

"With three rigs currently operating at Mont Agoma, we are making rapid
progress in testing what we believe is a large-scale, high-value
copper-tin-zinc-silver system. The data collected so far is robust enough to
support our maiden resource estimates for both Kalayi and Mont Agoma, and we
are pleased to appoint MSA to carry out this important milestone for the
Company."

"The geology is shaping up as we had hoped - with copper and zinc dominant
near surface and tin strengthening at depth - confirming the zonation model we
are targeting. This resource will be our first formal step in defining scale
and value at Bisie North, and we plan to follow it with a further updates once
assay results from our current deeper drilling campaign are 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 (https://romeresources.com/s/5b5af1) . Here
you will find all company news and additional content to further explain Rome
Resources' business

 

For further information, please contact:

 Investor questions on this announcement                                  https://romeresources.com/s/5b5af1 (https://romeresources.com/s/2b8304)

 We encourage all investors to share questions

 on this announcement via our investor hub
 Rome Resources Plc                                                       Tel. +44 (0)20 3143 6748

 Paul Barrett, Chief Executive Officer

 Mark Gasson, Chief Operating Officer

 Allenby Capital Limited (Nominated Adviser and Joint Broker)             Tel. +44 (0)20 3328 5656

 John Depasquale / Vivek Bhardwaj / Lauren Wright (Corporate Finance)

 Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking)

 OAK Securities (Joint Broker)                                             Tel. +44 (0)20 3973 3678

 Jerry Keen, Head of Corporate Broking

 Henry Clarke, Head of Sales
 Camarco (Financial PR)                                                     Tel. +44 (0)20 3757 4980

 Emily Hall / Gordon Poole / Sam Morris

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