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REACH: non-regulatory announcement*
21 August 2024
Rome Resources Plc
("Rome" or the "Company")
Website update
Rome Resources Plc (AIM: RMR) announces that it has launched a new section on its website which details, inter alia, instructions to legacy Rome Resources Ltd shareholders in relation to the receipt of their Consideration Shares.
Shareholders are encouraged to visit https://romeresources.com/investor-centre/guidance-to-legacy-rome-resources-ltd-shareholders/.
The same definitions apply throughout this announcement as those set out in the Admission Document published on 8 July 2024, a copy of which is available to view at www.romeresources.com, unless the context requires otherwise.
For further information please contact:
Rome Resources Plc
Mark Gasson, Executive Chairman
Paul Barrett, Chief Executive 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 (jerry.keen@oak-securities.com)
Henry Clarke, Head of Sales (henry.clarke@oak-securities.com)
Tel. +44 (0)20 3973 3678
Camarco (Financial PR)
Gordon Poole / Emily Hall / Sam Morris
Tel. +44 (0) 20 3757 4980
OAK Securities is a trading name of Merlin Partners LLP. Merlin Partners LLP is authorised and regulated by the Financial Conduct Authority (Reference Number: 449191). Merlin Partners LLP is registered in England and Wales (Registered Partnership Number: OC317265).
Note to Editors
Bisie North Project
Rome currently holds a circa 51% beneficial interests in two exploration permits, Permis d'Exploitation des Petites Mines PEPM13274 (a small scale mining permit converted from PR13274) and Permis de Recherches PR15130 (exploration permit) which together cover a rectangular area of 38.43 km2. The project lies immediately north of Alphamin Resource Corporation's Mpama North mine, which is the world's highest-grade tin mine, currently producing mined material (run of mine) at an average grade of approximately 4.5% Sn and accounting for 3% of the world's tin production (alphaminresources.com, 2024).
Previous exploration on the Bisie North Project included soil sampling with complete coverage of both tenements, a single trench and diamond drilling in 2023. Two tin in soil anomalies were identified, one at Kalayi in and around the artisanal workings and a second at Mont Agoma. At Kalayi, a single line of 4 drillholes was completed, aimed at investigating mineralisation below artisanal workings. Significant tin mineralisation was intersected below the high-grade tin in soil anomaly and artisanal workings. The mineralisation at Kalayi is similar to that at Alphamin's Mpama South, 8km to the southeast, which is predominantly within the deeper tin zone and little base metal mineralisation.
Fifteen diamond drillholes were completed at Mont Agoma where a 250m wide sulphide zone of high grade copper, tin, zinc and silver was identified over 300m of the high grade tin in soil anomaly (>500ppm Sn). Significant widths of tin mineralisation were intersected at depth which supports a mineralisation model similar to that at San Rafael in Peru in which high grade tin mineralisation is expected at deeper levels.
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