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(Sharecast News) - Rome Resources said on Thursday that final assays from its latest drilling campaign at the Kalayi deposit in the DRC supported plans for an updated mineral resource estimate targeted for July.
The AIM-traded company said standout results included 9.5 metres at 2.05% tin from 60 metres in hole KBDD025, including 3.0 metres at 5.66% tin, as well as 19.5 metres at 0.52% tin from 144 metres in KBDD033.
The campaign returned a length-weighted average grade of 2.41% tin across all samples above a 0.5% cut-off.
Chief executive Paul Barrett said the results provided "a strong foundation" for the forthcoming resource update, adding that the grade "compares favourably with many of the world's leading tin deposits".
Rome said work was also continuing on the Kalayi pilot mining project and processing of airborne geophysical survey data across Bisie North.
At 1052 BST, shares in Rome Resources were up 0.75% at 0.34p.
Reporting by Josh White for Sharecast.com.
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