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.
*About Reach announcements
This is a Reach announcement. Reach
is an investor communication service aimed at assisting listed
and unlisted (including AIM quoted) companies
to distribute media only / non-regulatory news releases
into the public domain. Information required to be notified
under the AIM Rules for Companies, Market Abuse Regulation or other
regulation would be disseminated as an RNS regulatory announcement
and not on Reach.