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Rome Resources Confirms High-Grade Tin at Kalayi, Reinforcing Economic Potential

Story Highlights
  • Rome Resources confirms high-grade tin mineralisation at Kalayi, reinforcing its geological model.
  • The findings highlight economic potential with tin prices near US$34,000/t, advancing towards a resource estimate.
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Rome Resources Confirms High-Grade Tin at Kalayi, Reinforcing Economic Potential

The latest announcement is out from Pathfinder Minerals ( (GB:RMR) ).

Rome Resources Plc has announced promising assay results from its Kalayi tin prospect, confirming high-grade tin mineralisation across multiple sub-parallel ore shoots. This development reinforces the company’s geological model and highlights the potential for economic mineralisation as drilling progresses towards the granitic source. The results indicate strong mineralisation continuity, with tin remaining open beyond 250m depth, and suggest similarities to world-class deposits like Alphamin’s Mpama South. With tin prices nearing US$34,000/t, these findings underscore the project’s economic potential and the company’s strategic positioning in the tin market. The company remains fully funded for its exploration program, with ongoing drilling at Kalayi and Mont Agoma, and is moving rapidly towards defining its maiden inferred mineral resource estimate.

More about Pathfinder Minerals

Rome Resources Plc is a tin exploration company focused on the Democratic Republic of Congo (DRC). The company is actively engaged in drilling and exploration activities at its Kalayi tin prospect in North Kivu, aiming to define a maiden inferred mineral resource estimate. Rome Resources is strategically positioned within a prospective tin belt, with a focus on high-grade tin zones and potential open-pit development.

YTD Price Performance: -17.39%

Average Trading Volume: 14,264,582

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £17.3M

For detailed information about RMR stock, go to TipRanks’ Stock Analysis page.

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