Rome Resources Plc (AIM: RMR) has reported another set of encouraging drill results from the Mont Agoma prospect in the Democratic Republic of Congo, identifying new tin and copper zones along with deeper extensions of existing mineralisation.
Chief executive Paul Barrett said the follow-up drilling continues to deliver consistent mineralisation and confirmed that the company is working with contractor MSA to ensure the geological model and forthcoming maiden mineral resource estimate (MRE) accurately reflect the system’s potential.
Highlights included drill hole MADD030A, which returned 18 metres of tin mineralisation peaking at 2.4% tin, and MADD032, which intercepted 13 metres of copper with a maximum grade of 13% copper, as well as 9 metres of tin within a higher-grade zinc zone. Data also suggests a strike-slip fault may have duplicated the main tin zone to the east.
Highlights
· Recent drilling has encountered tin and copper mineralisation at both newly identified zones in addition to deeper extensions of known zones.
· The new tin zone, encountered at drill hole MADD030, was confirmed by drill hole MADD030A which returned 18 metres of mineralisation with a maximum grade of 2.4% tin measured by the XRF analyser.
· Results suggest the presence of a strike-slip fault creating a potential duplication of the principal mineralisation zone to the east of the main zone drilled to date.
· Drill hole MADD032 encountered a copper intercept measuring 13 metres, with the XRF analyser reporting a maximum grade of 13% copper plus 9 metres of tin within a higher-grade, 13 metres wide zinc zone – interpreted as the continuation of the main zone of mineralisation at depth.
· The significant copper intercepts are expected to add to the growing polymetallic resource at Mont Agoma in connection with the ongoing work associated with the Company’s maiden mineral resource estimate (“MRE”).
· Assays for a six further drill hole samples are expected in 2 to 3 weeks and will be included in the forthcoming MRE.
· Soil sampling to define a northerly extension of the tin anomaly along strike from the main tin zone intercepts is complete, with results also expected in 2 to 3 weeks.
· Metallurgical testwork, aiming to quantify the mineralogy and evaluate optimum beneficiation processes for optimum multi-commodity revenue streams at Mont Agoma, is underway at SGS Ontario.
Six drill hole samples are pending assay results within the next two to three weeks, which will be incorporated into the maiden MRE. Metallurgical testwork is currently underway in Ontario to determine optimal processing methods for tin, copper, zinc, and silver.
Samples from six drill holes covering the main mineralisation zones have been prepared and submitted to ALS Global’s laboratory in Johannesburg. Results are expected within 2 to 3 weeks and will feed directly into the upcoming maiden MRE.
