Rome Resources Begins Tin Mining Programme at Kalayi Project in DRC to Support Licence Conversion
Rome Resources Launches Tin Mining Programme at Kalayi Project in DRC to Advance Mining Licence Conversion
Aim-listed Rome Resources has launched a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo (DRC).
The initiative is intended to meet key regulatory requirements necessary for converting the company’s small-scale exploration permit into a full mining licence.
The company expects that achieving this milestone will facilitate its planned increase in ownership of the PEPM 13274 licence, as previously announced in April.
This step is also anticipated to strengthen the strategic appeal of the Kalayi project to potential development and investment partners.
Upon successful conversion of the licence, Rome Resources aims to proceed with the acquisition of the remaining 27.5% interest in Kalayi Tin, which would raise its total ownership stake in the project to approximately 79%.
Early operational indications have been positive, with the on-site technical team reporting portable X-ray fluorescence (XRF) readings of up to 17% tin within exposed mineralised zones.
The mining programme is expected to generate important geological, metallurgical, and processing data, which will support future mineral resource estimates and enhance understanding of the Kalayi vein system.
In addition, limited production is expected to generate modest revenues through the sale of tin concentrate via the state facility at Walikale, with minimal capital expenditure required.
Rome Resources has also indicated that it continues to attract interest from potential strategic and development partners.
The company believes that progress toward a full mining licence and increased ownership will further strengthen its position in ongoing discussions.
Commenting on the development, Chief Executive Officer Paul Barrett said early XRF results from the entrance of the adit are encouraging and consistent with previous surface trenching results in the area.
He added that the company’s strategy to increase its ownership in Kalayi is driven by strong confidence in the asset’s potential, supported by exploration work completed to date and current observations within the mineralised zone.
Barrett emphasized that converting the exploration permit into a full mining licence is a critical step in the process, as it enables the proposed acquisition of the remaining interest.
This would increase Rome Resources’ stake to approximately 79%, providing a stronger platform for advancing the project and engaging with potential partners.
