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Rome Resources CEO on latest Kalayi results; high-grade tin extended beneath existing resources

Rome Resources CEO on latest Kalayi results; high-grade tin extended beneath existing resources

Episode 13941 Published 2 weeks, 1 day ago
Description
Rome Resources Plc (AIM:RMR, FRA:33R) CEO Paul Barrett talked with Proactive's Stephen Gunnion about the company’s latest high-grade tin drilling results at the Kalayi project in the Democratic Republic of Congo, highlighting increasing intercept widths and improving hit rates beneath the maiden resource. Barrett explained that recent drilling has delivered multiple significant intercepts, including multimetre intervals grading around 3% tin and up to 7.5% tin. He noted that historically, there were only two intercepts greater than two metres at over 2% tin, whereas in the latest seven holes, five have delivered comparable or stronger results. “We are increasing the hit rate… and we’re certainly increasing the widths of the intercept as we go,” he said, adding that the company is “seeing greater widths, and with really good cassiterite numbers within them.” He also discussed the geological similarities between Kalayi and Alphamin’s nearby Mpama mine, located just eight kilometres away. According to Barrett, the style of cassiterite mineralisation and vein structures appears “very, very similar,” with Kalayi’s latest holes returning grades comparable to Mpama North. Addressing tin prices and development strategy, Barrett said the company’s long-term plan is for Kalayi ore to be processed through the Alphamin facility at Bisie. While short-term price fluctuations may occur, he emphasised the structural supply-demand fundamentals: “The longer term demand is there, and there is a supply gap out in the next few years.” Barrett also shared insights from Mining Indaba, noting growing optimism around critical minerals and increased investment interest in the DRC. For more interviews like this, visit Proactive’s YouTube channel, give this video a like, subscribe to the channel and enable notifications so you don’t miss future content. #RomeResources #PaulBarrett #Kalayi #Tin #TinMining #CriticalMinerals #DRCMining #MiningStocks #ResourceInvesting #Alphamin #Bisie #MineralExploration #JuniorMining #CommodityMarkets
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