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Rome Resources Ltd V.RMR

Rome Resources Ltd. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and developing its exploration and evaluation assets. The Company operates through the acquisition and exploration of the exploration and evaluation assets segment. The Company has two option agreements and to acquire direct and indirect interests in two contiguous properties situated in the Walikale District of the North Kivu Province in eastern Democratic Republic of the Congo (DRC), which are referred to as the Bisie North Tin Project.


TSXV:RMR - Post by User

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Post by Betteryear2on May 08, 2023 1:00pm
117 Views
Post# 35436666

Rome Resources Announces Initial Drill Results

Rome Resources Announces Initial Drill Results

Highlights

  • Drilling has identified a large sulphide mineralised system at the Mont Agoma Prospect.
  • Significant tin, copper and zinc mineralisation from surface, >300m of strike and >250m width. System is open to the southeast and down dip.
  • Twelve diamond drill holes completed to date, showing strong increase in tin mineralisation at depth and to the southeast.
  • Assay results for first four holes (drilled in northwest) received. Results include 11.25m at 0.51% Sn from 5.75m and 4.4m at 1.03% Sn from 36m. These discovery holes interpreted to be northern, near surface extensions of the main target tin zone. Anomalous zones of zinc and copper mineralisation also intersected.
  • Continuing drill program is testing mineralisation to the southeast and at depth. Most recently completed drill hole intersected a significant (29m) zone enriched in tin (including visible cassiterite) and strong visible copper - assays pending.
  • Drilling has also recently commenced at the nearby Kalayi Prospect (tin-in-soil anomaly over 2 kms strike length).

CEO and President Mark Gasson commented: "The initial drilling at Mont Agoma has identified a large sulphide mineralised system and these discovery holes have enabled us to identify tin bearing zones at surface that continue along strike and appear to increase significantly in grade and width at depth. Base metal zones which contribute to the width of the sulphide mineral system of more than 250m do the same. We are clearly starting to understand the sulphide system and the mineral distribution within it. Previous experience in working in similar environments has shown that a centimetre wide cassiterite (tin) zone or vein at shallow intervals can blow out into a 20 to 30m wide mineralised zone at depth or along strike.

The key is that we have identified tin zones at shallow levels and through our understanding of the distribution of the tin, copper and zinc we are able to be more precise in planning our drilling programmes going forward. The programme was initially planned to test the source of the high-grade tin in soil anomaly identified at Mont Agoma. We are very excited to have uncovered a system of this magnitude. To date we have only tested 300m of the potential 1.2km of strike length defined in the high-grade tin in soil anomaly down to a maximum depth of 200m at Mont Agoma. We also look forward to understanding the grade and widths of mineralisation currently being mined by artisanal means at the Kalayi Prospect where drilling has recently commenced."

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Rome Resources Ltd. (TSXV: RMR) (FSE: 33R) ("Rome" or the "Company") is pleased to announce that drilling at its Mont Agoma Prospect (Figure 1), which is located within the Bisie North Tin Project ("BNTP"), has uncovered a large sulphide mineralised system along the Bisie Ridge that also hosts Alphamin's Mpama North & South deposits. Hydrothermal fluids impregnated in tin, copper, lead and zinc were injected along open structures at the time of mineralisation resulting in three discrete zones of mineralisation, which have a combined width of more than 250m at Mont Agoma. The most important of these are the "copper and tin" zone and the "tin" zone located along the north-eastern portion of the sulphide body.

Rome Resources Announces Initial Drill Results Confirming Large Sulphide Mineralised System at Bisie North Tin Project (newsfilecorp.com)

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