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Rome Resources Drilling Confirms High-Grade Tin at DRC’s Kalayi Prospect

Story Highlights
  • Rome Resources’ latest drilling at Kalayi confirms high-grade tin mineralisation at depth, supporting the existing structural model and indicating strong continuity of the deposit.
  • With the Kalayi drilling campaign nearing completion, assay results are expected to underpin a resource update and strengthen Rome’s hand in talks with strategic partners amid robust tin prices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rome Resources Drilling Confirms High-Grade Tin at DRC’s Kalayi Prospect

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An announcement from Pathfinder Minerals ( (GB:RMR) ) is now available.

Rome Resources reported further strong drilling results from its Kalayi prospect at the Bisie North project in the DRC, with portable XRF data confirming high‑grade tin mineralisation at depth beneath the existing resource. Recent intercepts from multiple holes, including intervals grading above 2% and 5% tin, suggest continuity of near‑surface mineralisation and support the company’s structural model for the deposit.

The current drilling campaign is close to completion, with final holes in progress and more than 900kg of samples already sent for laboratory assays in Johannesburg. Management said the results underline the potential to expand Kalayi’s Mineral Resource Estimate in a high‑price tin market and will feed into the next resource update as Rome continues talks with potential strategic partners on development options for the asset.

The most recent analyst rating on (GB:RMR) stock is a Hold with a £0.24 price target. To see the full list of analyst forecasts on Pathfinder Minerals stock, see the GB:RMR Stock Forecast page.

Spark’s Take on RMR Stock

According to Spark, TipRanks’ AI Analyst, RMR is a Neutral.

The score is primarily pressured by weak financial performance (no revenue, widening losses, and persistent negative free cash flow implying continued funding risk). Technicals add a modest headwind due to a weak longer-term trend and negative MACD, while valuation is constrained because negative earnings make P/E less informative and there is no dividend support.

To see Spark’s full report on RMR stock, click here.

More about Pathfinder Minerals

Rome Resources is a tin and copper exploration company focused on the Democratic Republic of Congo, where it is advancing the Bisie North project near Alphamin’s Mpama tin mine complex. The AIM-listed group is targeting high‑grade tin deposits at its Kalayi prospect, aiming to expand resources and position itself within a globally significant tin district.

Average Trading Volume: 14,887,060

Technical Sentiment Signal: Buy

Current Market Cap: £20.34M

Find detailed analytics on RMR stock on TipRanks’ Stock Analysis page.

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