Rome Resources CEO on low-cost New Brunswick tin opportunity

Rome Resources Plc (AIM:RMR, FRA:33R) CEO Paul Barrett talked with Proactive's Stephen Gunnion about the company's decision to expand its exploration portfolio into Canada through an option agreement covering early-stage licences in New Brunswick, close to the historic Mount Pleasant deposit.

Barrett explained that while Rome Resources remains primarily focused on advancing its tin projects in the Democratic Republic of Congo, the company was attracted to the geological potential of the New Brunswick region. The licences cover more than 100 square kilometres and include the Three Lakes and Schoullar Mountain projects, positioned within a mineralised system known for tin as well as other critical minerals.

He highlighted that the geology in the area hosts high-grade tin mineralisation alongside metals such as indium and tungsten, which are considered strategically important for modern technologies. Barrett noted that Mount Pleasant itself is a significant deposit and a key geological reference point in the region.

Rome Resources plans to begin by analysing existing data and conducting initial fieldwork to better understand the geology and structural controls of the licences. Potential drilling could follow at a later stage once targets are defined.

Barrett emphasised that the Canadian opportunity will not distract from Rome Resources’ ongoing exploration work in the DRC, which remains the company’s primary focus as it continues drilling for tin.