Rome Resources Plc (AIM:RMR, FRA:33R) told investors that drilling at its Kalayi prospect in the DRC has delivered the widest tin-bearing intercept recorded there so far, giving fresh support to the group’s view that mineralisation may strengthen and widen with depth.
Rome said the latest holes continue to back its structural model at Kalayi, part of the Bisie North project located about 8 kilometres from Alphamin’s Mpama tin mine complex.
The standout result came from hole KBDD033, which returned portable XRF readings of 20 metres at an average 1.0% tin from 144 metres, including narrower higher-grade sections of 3 metres at 1.7%, 3 metres at 2.1% and 4 metres at 2.0% tin. The same hole also cut shallower intervals of 3 metres at 2.5% tin from 110 metres and 3 metres at 0.9% from 137 metres. Meanwhile, KBDD032 returned 5 metres at 1.8% tin from 113 metres, including 2 metres at 4.0%, while KBDD031 delivered 4 metres at 1.1% tin from 101 metres.
Chief executive Paul Barrett highlighted the KBDD033 intercept materially strengthened the case for greater tin volumes at depth and could support a meaningful uplift in the company’s proposed mineral resource estimate update.
"This is a highly encouraging result, both in terms of scale and geometry, and is consistent with the style of mineralisation seen at Alphamin's nearby Mpama mine," Barratt said.
"This will feed into our proposed Mineral Resource Estimate update and strengthens our confidence that the proposed Mineral Resource Estimate update could deliver a meaningful uplift. Importantly, this phase of drilling on Kalayi is concluding with the drilling of a follow-up hole beneath KBDD033 designed to test the continuity of this zone at greater depth and further assess the scale of the opportunity."
Rome is now drilling hole KBDD034 beneath KBDD033 to test continuity between about 125 metres and 225 metres depth, with the hole having reached around 100 metres at the time of the update.