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Mining & Metals Rome Resources

Rome Resources posts maiden Mineral Resource at Bisie North as cash falls to £1.4m

The DRC tin and copper explorer delivered its first resource estimate for Bisie North in 2025 but ended the year with cash down sharply at £1.42 million.

by tickstock newsroom
The image showcases a ground-level view of a reverse circulation drill rig, emphasizing its hydraulic mast reaching upward against a pale sky. The drill rods and hydraulic hoses are prominently arranged, creating an imposing perspective as they converge towards the top, with red laterite dust visible on the lower sections. aiImage created using AI — nano_banana_2

Rome Resources (AIM:RMR), the AIM-listed Democratic Republic of Congo-focused tin and copper explorer, delivered its maiden Mineral Resource Estimate for its flagship Bisie North project during the year ended 31 December 2025, the standout operational milestone in an otherwise capital-intensive period.

Cash at bank fell to £1.42 million at 31 December 2025, down from £4.33 million a year earlier, as the company funded 3,170 metres of core drilling at Bisie North across the Kalayi and Mont Agoma deposits.

The company raised £2.1 million in equity during 2025 to support those operations, with a further approximately £1.6 million raised in the first half of 2026.

Since its AIM admission in July 2024, Rome has completed 9,780 metres of total core drilling at Bisie North, which sits 8 kilometres along strike from the Alphamin tin mine, described by Rome as producing approximately 7% of global tin output.

Post-period activity has moved quickly: a further 3,250-metre drilling programme concluded in April 2026, an airborne geophysical survey is under way, and the company signed an option over early-stage tin-tungsten-molybdenum-indium claims in New Brunswick, Canada.

An updated Mineral Resource Estimate focused on Kalayi is expected mid-2026, following receipt of assays from the completed drill campaign.

"The Maiden Mineral Resource Estimate laid down a marker for the Company," chief executive Paul Barrett said, citing strong tin grades at Kalayi and copper, zinc and silver at Mont Agoma as the basis for resource growth.

by tickstock newsroom

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