Commencement of Drilling at the Kalayi Prospect

Rome Resources Plc (AIM: RMR) has commenced drilling on its Kalayi prospect ("Kalayi") located in the North Kivu province in the Democratic Republic of Congo (the "DRC") which, together with the Mont Agoma prospect and the Mont Agoma Northwest prospect, comprise the "Bisie North Projects".

In line with the Company's announcement on 30 July 2024, Mole Drilling Congo SARLU have now completed their site establishment, local staff orientation and have commenced drilling at the first diamond core drill hole at Kalayi. Two additional diamond core drill rigs will now be mobilised to additional identified drill sites, one at Kalayi and one at Mont Agoma where drilling is expected to commence within the next two weeks.

The drilling programme will be fine-tuned as results are received and is expected to complete early in the fourth quarter of 2024 with all results and a potential mineral resource estimate reported before year end.

Drilling Programme at Kalayi

The initial planned resource drilling programme at Kalayi is comprised of up to 12 diamond core drill holes which will test mineralisation at two levels roughly 50m apart over 700m of the core high grade tin in soil anomaly (>80ppm Sn) at Kalayi. Two holes will be drilled on each section spaced roughly 100m apart. Drilling is expected to define tin mineralisation down to depths exceeding 100m below surface.

An initial 4 drill holes were completed previously at Kalayi where significant tin mineralisation intersected two holes and included:

KBDD002: 2.5 m at 2.6% Sn from 79.0m including 1m at 4.68% Sn from 79m

KBDD003: 12.5 m at 1.05% Sn from 40.5m including 1m at 7.21% Sn from 51.5m

KBDD003: 3.0 m at 1.92% Sn from 70.0m

The first hole is targeting the tin zone 50m below the high grade intercept in KBDD003. All completed and planned drill holes are shown in Figure 1 (below).

Figure 1: Kalayi tin in soil anomaly, significant drillhole intersections and current and planned drill holes (plan view). Note the central high grade tin in soil anomaly (>81ppm Sn) which covers 700m of the 2km tin anomaly.

A narrow cassiterite vein, confirmed by hand-held X-Ray Fluorescence ("XRF") analyser, was exposed during pad clearing of the first drill pad of this campaign (KBPC003) confirming mineralisation is open to the northwest.

Paul Barrett, Chief Executive Officer of Rome Resources Plc, commented:

"We are extremely pleased to have reached this milestone so soon after admission, demonstrating the Rome team's ability to execute operations in the DRC. The Kalayi prospect has already yielded grades of up to 7.2% tin in previous shallow drilling and has striking similarities with Alphamin's nearby Mpama South Mine, where tin grades increase with depth. We look forward to regularly updating the market as this work progresses."

Glossary