Rome Resources Plc · LSE:RMR
Rome Resources — Cape Town 1-2-1 Investor Presentation (February 2024)
30 slides from Rome Resources's conference presentation, February 2024
Slide 1: Targeting Success at Bisie North, in the DRC's High Grade Tin Province
C A P E TO W N 1 2 1 I N V E S TO R P R E S E N TAT I O N FEBRUARY 2024 TARGETING SUCCESS AT BISIE NORTH, IN THE DRC’S HIGH GRADE TIN PROVINCE TSXV:RMR FRA:33R
Slide 2: Disclaimer
Disclaimer 2 This presentation includes “forward-looking statements,” within the meaning of the U.S. Securities Act of 1933, as amended and the U.S. Securities Exchange Act of 1934, as amended, or the “Exchange Act.” Forward-looking statements are not based on historical information and include, wit
Slide 3: Company Highlights
Company Highlights
Slide 4: Tin & copper prospects within 8km of the world's highest-grade tin mine
Tin & copper prospects within 8km of the world’s highest- 4 grade tin mine Highly anomalous, 5km long, tin soil anomaly; same geological setting PE13155 Within 8km of Alphamin’s Mpama North tin mine (Alphamin) Currently producing 4% of world tin supply (7% once Mpama South comes onstream) 1 Alphamin
Slide 5: Significant Investment Opportunity
Significant Investment Opportunity 5 Rome has a 51% indirect interest in the Bisie North tin project First phase of drilling completed at Mont Agoma (1,000m soil anomaly at >80ppm Sn) & Kalayi Prospect (2,000m soil anomaly >40ppm; max 1m at 11% Sn from artisanal workings) High grade tin mineralizati
Slide 6: Bisie North Tin Project
Bisie North Tin Project
Slide 7: Tin Soil Anomalies
Tin Soil Anomalies 7 Two significant tin anomalies defined over 5km • Two parallel tin in soil anomalies defined over 5km on PEPM 13274 & PR 15130 – grades from soil sampling up to 0.2% Sn at Mont Agoma Prospect • 2,000m tin in soil anomaly (>40ppm Sn) at Kalayi Prospect - up to 1m at 11% Sn from ch
Slide 8: Drilling at Kalayi Prospect
Drilling at Kalayi Prospect 8 Significant tin discovery at Kalayi • Assay results received for 3 of 4 holes drilled at Kalayi – Significant results include: • KBDD003: ― 12.5m at 1.06% Sn incl 2.5m at 3.39% Sn & 0.5m at 11.7% Sn from 41.5m ― 1m at 1.11% Sn from 59m ― 3m at 1.92% Sn incl 0.4m at 12.8
Slide 9: Drilling at Kalayi Prospect (cont.)
Drilling at Kalayi Prospect (cont.) 9 Tin mineralization associated with a 2,000m tin in soil anomaly at Kalayi • Drilling tested 150m of the associated 2,000m tin in soil anomaly at Kalayi • No associated Cu or Zn mineralization – closer to Alphamin’s Mpama mineralization • Results demonstrate pote
Slide 10: Drilling at Kalayi Prospect (cont.)
Drilling at Kalayi Prospect (cont.) 10 Targeting tin within the tin mineralized zone at Kalayi Prospect – similar to Mpama North & South 1 1. Alphamin Resources, Investor Presentation, BMO Roadshow 19, June 2023
Slide 11: Drilling at Mont Agoma Prospect
Drilling at Mont Agoma Prospect 11 Drilling targeted 1,000m, high grade tin in soil anomaly (>80ppm Sn) at Mont Agoma • 15 diamond holes were completed for 2,938m at Mont Agoma, testing 300m of strike • Significant sulphide mineralized system defined over a width of 200-250m • Tin mineralization ide
Slide 12: Drilling at Mont Agoma Prospect (cont.)
Drilling at Mont Agoma Prospect (cont.) 12 Significant tin, copper, silver & zinc mineralization defined over 300m at Mont Agoma • Assay results received for all priority samples – high grade polymetallic mineralization defined in upper levels; high- grade tin mineralization expected at deeper level
Slide 13: Drilling at Mont Agoma Prospect (cont.)
Drilling at Mont Agoma Prospect (cont.) 13 Future drilling targeting tin mineralization at deeper levels at Mont Agoma Prospect 1 1. Alphamin Resources, Investor Presentation, BMO Roadshow 19, June 2023
Slide 14: Planned Work Programmes – Q1 & Q2
Planned Work Programmes – Q1 & Q2 14 Deep drilling planned at Mont Agoma and resource infill drilling planned at Kalayi Extent of drilling dependent on available funding: • Scenario 1 (Current funding from PFP Loans) ― Maximum of 1000m (2 holes at MA and 4 holes at Kalayi) – 1 diamond drill rig ― Op
Slide 15: Peer Comparison
Peer Comparison
Slide 16: Mineralization Model at Bisie North
Mineralization Model at Bisie North 16 Kalayi mineralization at similar levels to Mpama South (148,900 tonnes tin) • High grade tin intersected at Kalayi • Low-grade tin (<1% Sn) intersected in upper levels at Mont Agoma • High grade, near surface Zn & Cu mineralization at Mont Agoma - Zn & anomalou
Slide 17: Mineralization Model at Bisie North
Mineralization Model at Bisie North 17 Similar style of mineralization to San Rafael tin mine in Peru (9% of world supply) Mineralization at San Rafael (Peru) top to bottom (1): • Strong zonation with copper/zinc/lead near surface and tin at depth • Copper (3-10%), Zinc (2-4%), lead (2%), silver (20
Slide 18: Tin – The Neglected Critical Mineral
Tin – The Neglected Critical Mineral
Slide 19: Tin, a future facing metal
Tin, a future facing metal 19 Growing demand • Essential metal to modern electronics, AI, and EV demand • “Tin’s extensive use in solder makes it the metal that glues the technology revolution together” (Ref: Roskill) • Potential future applications include lithium-ion batteries, solar PV, hydrogen
Slide 20: Think tin for solder, batteries, chemicals and critical alloys
Think tin for solder, batteries, chemicals and critical alloys 20 Global tin use by application Top tin producers 48% Solder 17% Chemicals 12% Tinplate 30% China 23% Indonesia 10% Peru 9% Myanmar 7% Brazil 7% Lead-acid 7% Tin-Copper 9% Other 6% Bolivia 5% DR Congo 3% Australia 7% Other Ref: Internat
Slide 21: Company Insight
Company Insight
Slide 22: Corporate Overview
Corporate Overview 22 A strong, highly credentialed Management team and Board of Directors Capitalisation Data(1) Last 12 Months Share Price Performance C$/share Share Price C$ 0.24 Volume (M) 0.50 1.40 Basic S/O(2) M 120.3 0.45 1.20 Market Cap C$M 28.9 0.40 0.35 1.00 Board and Management 0.30 0.80
Slide 23: Pathfinder Minerals Reverse Takeover (RTO)
Pathfinder Minerals Reverse Takeover (RTO) 23 Heads of terms signed with Pathfinder (PFP); PFP to acquire all of Rome shareholding for a loan of C$2,500,000 Rationale • PFP has provided an interim funding facility of C$2,500,000 to Rome - no demand on good results from Canada • Rome’s funding of c.C
Slide 24: Rome Board and Management
Rome Board and Management 24 Mr Gasson is a geologist with 36 years of experience and has been active in South Africa, Tanzania and the DRC since 1986 in gold and base metals exploration and resource development. Mr Gasson served on the Boards of Tiger Resources, Erongo Energy, Alphamin Resources an
Slide 25: Rome Board and Management
Rome Board and Management 25 Mr. Jenkins has been involved in the energy and mining industries since 1990 and possesses business experience and expertise in the areas of hydrocarbon and mineral exploration, corporate finance, corporate administration, and corporate management. Mr. Jenkins is the Pre
Slide 26: Deal Terms
Deal Terms 26 An early-stage project in a major tin province in eastern DRC • Two licences, PEPM 13274 & PR 15130, cover 38.4km2 • Rome has acquired 51% indirect interests of both permits on the following terms: • Funding CAD$4M of exploration expenditures on both permits - completed • Issuance of 4
Slide 27: Takeaways
Takeaways 27 • Highly anomalous, 5km long, tin in soil anomaly within 8km of Alphamin’s Mpama North 4.5% tin mine • Anomaly in same geological setting & along the same structure which hosts Alphamin’s Mpama North & South deposits • First phase of drilling completed at Mont Agoma, multiple mineralize
Slide 28: Photo Gallery
Photo Gallery 28 Drill core (cassiterite blebs – brown & chalcopyrite) and drill pad preparation
Slide 29: Photo Gallery
Photo Gallery 29 Camp & Construction
Slide 30: Thank you
Thank you Rome Resources Ltd TSXV: RMR, FRA:33R E: info@romeresources.com W: romeresources.com
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