Rome Resources Plc (AIM:RMR) has returned results from its New Brunswick exploration programme that indicate extensive mineralisation.
The company, in a technical update, told investors that it had measured surface assays of up to 0.6% tin and 0.2% tungsten, with trenching now set to test a 300-metre-wide mineralised zone ahead of a potential 2027 drilling campaign.
The AIM-listed explorer said sampling across its optioned claims in southwest New Brunswick had also produced assays of up to 0.8% bismuth, 17 parts per million indium and 1.5% copper. Several historically identified mineral occurrences have been confirmed, while new areas of mineralisation have also been discovered.
At Victoria Lake, three new mineral occurrences have been identified during the 2026 field programme. One area east of the lake returned the 0.6% tin and 0.2% tungsten assay, while a historical drillhole showed tin mineralisation extending at depth. Trenching is due to begin in early September, with further targeted work continuing through October.
Chief executive Paul Barrett said the initial results pointed to “extensive mineralisation for tin and tungsten”, alongside potential for indium and bismuth.
"I am extremely pleased with the progress to date and we look forward to the trenching operations and the subsequent assay reporting, ultimately leading to a drill campaign in 2027, subject to the exercise of the option (as defined below)."
Rome Resources will assess whether to exercise its option over the New Brunswick claims after completing the 2026 field programme, with a core drilling campaign targeted for 2027 if it proceeds.
