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Rome Resources Secures £1.9 Million for DRC Drilling Expansion

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Rome Resources Secures £1.9 Million for DRC Drilling Expansion

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Pathfinder Minerals ( (GB:RMR) ) has provided an announcement.

Rome Resources plc has announced a successful placement to raise £1.9 million, which will fund its upcoming drilling operations at the Bisie North Project in the DRC. The funds will support a drilling program targeting high-priority tin zones at the Kalayi and Mont Agoma prospects, with the potential to significantly increase the company’s tin resource base. The drilling campaign is expected to commence shortly and could transform the project’s strategic outlook, benefiting stakeholders by enhancing resource estimates and potentially improving regional security following a recent peace agreement.

More about Pathfinder Minerals

Rome Resources plc is a company focused on exploring tin and copper resources in the Democratic Republic of Congo (DRC). The company is involved in mineral exploration, particularly targeting high-grade tin zones, and aims to expand its resource base through strategic drilling programs.

Average Trading Volume: 20,922,004

Technical Sentiment Signal: Sell

Current Market Cap: £12.17M

See more data about RMR stock on TipRanks’ Stock Analysis page.

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