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Drilling Intersects Tin Mineralisation
Drilling Intersects Tin Mineralisation.
About this update from Rome Resources Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n20 August 2024\n \nRome Resources Plc\n(\"Rome\" or the \"Company\")\n \nDrilling Intersects Tin Mineralisation\n \nRome Resources Plc (AIM: RMR) is pleased to provide an update on diamond core drilling operations on its Kalayi prospect (\"Kalayi\") located in the North Kivu province in the Democratic Republic of Congo (the \"DRC\") which, together with the Mont Agoma prospect and the Mont Agoma Northwest prospect, comprise the \"Bisie North Projects\" (the \"Project\").\n \nHighlights\n \n· Drillhole KBDD005 was drilled down to a depth of 164.5m at the Kalayi Prospect.\n· The mineralised zone was intersected roughly 60m below the KBDD003 drillhole from Rome's 2023 drilling campaign which had reported 12.5m at 1.03% Sn including 1m at 2.78% Sn and 1m at 7.12% Sn.\n· Visible coarse grained cassiterite (tin mineral) in KBDD005 was intersected in 3 narrow zones associated with quartz veining and silica flooding at 88.5m, 114m and 125m.\n· Mobilisation of the second and third drill rigs to site will be completed during this week. \n \nThe presence of cassiterite (tin mineral) was confirmed from the Niton XRF analyses. Strong chlorite alteration (as shown in Figure 1) together with shearing and quartz veining was noted throughout a 30m interval from 84 to 114m. This has the potential to host fine grained disseminated cassiterite, which will be assessed in the quantitative analyses to be conducted by the laboratory. Chlorite alteration is strongly associated with tin mineralisation at both Alphamin's Mpama North and South deposits indicating a similar style of mineralisation at Kalayi. \n \nPaul Barrett, Chief Executive Officer of Rome Resources Plc, commented:\n \n\"We are delighted to see visible tin mineralisation in several intervals in the first hole of this drilling campaign and look forward to reporting assays as soon as they become available.&nb...