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An announcement from Pathfinder Minerals ( (GB:RMR) ) is now available.
Rome Resources Plc, a company focused on tin exploration in the Democratic Republic of Congo, has confirmed continuous tin mineralisation at its Kalayi prospect. Recent drilling results support the company’s geological model, indicating significant potential for economic mineralisation, especially as tin prices hover around $30,000 per ton. The company is on track to complete its initial drilling program and anticipates a maiden inferred mineral resource estimate in the first quarter of 2025. Despite regional unrest, operations remain unaffected, with plans to accelerate exploration funded by a strategic investment. These developments could enhance Rome’s positioning in the tin mining industry and suggest promising implications for stakeholders.
More about Pathfinder Minerals
YTD Price Performance: -17.65%
Average Trading Volume: 17,472,518
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £17M
Find detailed analytics on RMR stock on TipRanks’ Stock Analysis page.