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Kalayi: Mining licence conversion programme
Rome Resources PLC has commenced a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo, a key regulatory step to convert its exploitation permit into a full mining licence. This conversion is expected to facilitate the proposed increase in Rome Resources' ownership in the Kalayi Project to approximately 79%, strengthening its position with potential strategic partners. Early indications from the mining programme are positive, with exposed mineralised zones showing up to 17% tin, and the operations are anticipated to generate modest revenues from tin concentrate sales while providing valuable geological and metallurgical data. Disclaimer*
About this update from Rome Resources Plc
15 June 2026 Rome Resources plc ("Rome Resources" or the "Company") Kalayi: Mining licence conversion programme commenced Mining programme is anticipated to provide key data and generate modest revenues; and Conversion expected to facilitate proposed increase in ownership in Kalayi to ~79% Rome Resources plc (AIM: RMR), the DRC and Canada-focused critical minerals explorer, is pleased announce the commencement of a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo (the "Kalayi Project"). The small-scale tin mining programme fulfils a key regulatory requirement of the Company's small-scale exploitation permit 13274 ("PEPM 13274") and is designed to support the conversion of PEPM 13274 into a full mining licence (Exploitation Licence under DRC mining law). It is anticipated that achieving this milestone will assist in facilitating the Company's proposal to increase its ownership interest in PEPM 13274, as announced on 17 April 2026. This is expected to strengthen the Kalayi Project's attractiveness to potential strategic and development partners. Highlights · A small-scale near-surface mining programme has commenced at the Kalayi Project, seeking to fulfil a key regulatory requirement required to support the conversion of PEPM 13274 into a full mining licence; · Successful conversion is expected to facilitate the proposed acquisition of the remaining 27.5% interest in Kalayi Tin SARL, increasing Rome Resource's ownership in the Kalayi Project to approximately 79%; · Early indications are encouraging: the site team has reported portable XRF readings of up to 17% tin within the exposed mineralised zone; · The mining programme is expected to generate valuable geological, metallurgical and processing data, supporting the further Mineral Resource Estimates and is expected to improve the Company's understanding of the Kalayi Project's vein system; · Mining operations are anticipated to generate modest revenues through the sale of tin concentrate via the State facility at Walikale, with limited capital expenditure required; and · The Company continues to attract interest from potential strategic and development partners; advancement of the mining licence and increased own...
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