Mr. Mark Gasson reports

ROME RESOURCES ANNOUNCES FINAL ASSAY RESULTS THAT CONFIRM TIN AND POLYMETALLIC MINERALISATION OPEN IN ALL DIRECTIONS AND AT DEPTH AT THE MONT AGOMA PROSPECT, BISIE NORTH TIN PROJECT

Rome Resources Ltd. has released assay results for the remaining six holes from the recently completed drilling program at its Mont Agoma prospect within the Bisie North tin project (BNTP). The BTNP is situated in the Walikale district of the North Kivu province in eastern Democratic Republic of the Congo (DRC).

Final assay results from drilling at the Mont Agoma prospect:

• High-grade copper (Cu), zinc (Zn), silver (Ag) and tin (Sn) mineralization, the latter expected at deeper levels, is open on strike in both directions and at depth.
• Drilling covered approximately 300 metres of a high-grade tin-in-soil anomaly covering a strike length of 1,000 m (greater than 80 parts per million (ppm) Sn; maximum 0.2 per cent Sn).
• Best tin intersections within upper mineralized levels included:
  • 16 m at 0.43 per cent Sn from 87 m, including five m at 0.88 per cent Sn from 96 m in MADD007;
  • 9.6 m at 0.38 per cent Sn from 42.4 m, including two m at 1.33 per cent Sn from 46 m in MADD009 (southernmost hole);
  • 15.5 m at 0.21 per cent Sn from 73.5 m in MADDO14.
• Best copper, silver and zinc intersections included:
  • 15 m at 2.72 per cent Cu, including 4.5 m at 11.4 per cent Cu from 115 m in MADD014;
  • 25 m at 1.96 per cent Cu from 167 m, including 16 m at 2.56 per cent Cu from 174 m in MADD015A;
  • 15.15 m at 57.74 grams per tonne (g/t) Ag from 143.85 m in MADD010A (100 g/t Ag top cut);
  • 4.5 m at 70.75 g/t Ag from 178 m in MADD015A (100 g/t Ag top cut);
  • 33 m at 9.2 per cent Zn from 150 m in MADD007;
  • 52 m at 5.14 per cent Zn from 110 m in MADD015A.
• The polymetallic nature of mineralization demonstrates that all mineralization intersected to date is within the upper levels of the mineralized system, typical of upward hydrothermal fluid migration from a cooling granitic source -- tin precipitates at high temperatures closer to the source while base and precious metals precipitate at lower temperatures away from the source.
• All results to date will be incorporated into a 3-D model to identify the best area to target tin mineralization at depth.

Mark Gasson, chief executive officer and president, commented: "We are extremely excited about having two highly significant prospects to follow up with future drilling at our Bisie North project. With the recent discovery at Kalayi and our understanding of the model for mineralization at Mont Agoma, we believe that we are well equipped to commence resource drilling at Kalayi and to test the potential for tin mineralization at deeper levels at Mont Agoma. We are confident of being close to the optimum depth for tin mineralization at Mont Agoma, as our deepest holes have intersected anomalous tin over widths of 15 to 25 m, which are associated with high-grade copper and silver mineralization. We believe the Mont Agoma target is analogous to the San Rafael tin mine in Peru, which commenced as a copper and base metal mine at surface, and gradually transgressed through a copper and tin transition zone, and today is one of the world's highest-grade producing tin mines. More impressive are our surface footprints from soil sampling of more than two kilometres at Kalayi and more than one km at Mont Agoma, on which we are following up with trenching and infill soil sampling.

"Our technical team, which discovered and drilled out the maiden mineral resource at neighbouring Alphamin's Mpama North tin mine, is seeing many similarities in structural controls and mineralization at both the Kalayi and Mont Agoma target areas."

Discussion of results at the Mont Agoma prospect

Assay results have been received for six additional holes at Mont Agoma, as summarized in the table entitled "Significant mineral intercepts at the Mont Agoma prospects."

Drilling has covered approximately 300 m of strike, with MADD009 reporting 9.6 m at 0.38 per cent Sn from 42.4 m, including two m at 1.33 per cent Sn from 46 m in the southernmost drill hole, confirming the model that tin mineralization potentially improves in grade and width toward the south and at depth, considering the intersection was at a relatively shallow depth. The intersection was within a broader 50 m zone with anomalous tin throughout.

Several shallow tin intersections were reported from the eastern tin zone at Mont Agoma during the drilling campaign and will be targeted at deeper levels, especially in the south, together with the continuation of the copper/tin zone. These included 11.25 m at 0.51 per cent Sn from 5.75 m in hole MADD004, 16 m at 0.43 per cent Sn from 87 m, including five m at 0.88 per cent Sn from 96 m in MADD007, 12 m at 0.31 per cent Sn from 29 m, including 1.75 m at 1.14 per cent Sn from 31.75 m in MADD005, and 9.6 m at 0.38 per cent Sn from 42.4 m, including two m at 1.33 per cent Sn from 46 m in MADD009.

Strong copper mineralization was intersected in all holes north of hole MADD009, which only intersected tin mineralization. Significant intersections included 15 m at 2.72 per cent Cu, including 4.5 m at 11.4 per cent Cu from 115 m in MADD014, and 25 m at 1.96 per cent Cu from 167 m, including 16 m at 2.56 per cent Cu from 174 m in MADD015A, in addition to 41 m at 3.52 per cent Cu from 139 m, including 13.15 m at 7.8 per cent Cu from 143.85 m from MADD010A, announced Aug. 23, 2023. The tin/copper zone was intersected at shallow levels in hole MADD008 and included 8.45 m at 1.09 per cent Cu from 34.55 m, within a broader 50 m wide zone anomalous in copper. Copper is typically leached at shallow levels in all holes drilled to date, suggesting high-grade copper mineralization is open to the north and at depth. The tin/copper zone is also strongly associated with silver mineralization, with best intersections including 15.15 m at 57.74 g/t Ag from 143.85 m in MADD010A, and 4.5 m at 70.75 g/t Ag from 178 m in MADD015A. A top-cut of 100 g/t Ag was applied to the silver results due to limitations in the method of analysis used in the laboratory.

Zinc mineralization was intersected in two zones, a western zone of more than 100 m thickness and a central-eastern zone which reported 33 m at 9.2 per cent Zn from 150 m in MADD007, and 52 m at 5.14 per cent Zn from 110 m in MADD015A. The northernmost hole, MADD008, reported a best intercept of 27.15 m at 6.25 per cent Zn from 154.35 m within a broader 80 m wide zone of zinc mineralization, suggesting zinc mineralization remains open to the north.

The company is in process of incorporating all results into a 3-D geological model which will assist in defining the optimum drill targets in the next drilling campaign, expected to commence during the quarter. The main focus of future drilling will be on the identification of significant tin mineralization at deeper levels and to the south, given the company's current understanding of the style of mineralization at Mont Agoma.

Infill soil sampling at the Kalayi prospect

The infill soil sampling program has better defined the tin-in-soil anomaly over 750 m (more than 80 ppm Sn), which will be the initial focus of mineral resource drilling at Kalayi. A series of trenches are currently being manually excavated to better define the surface position of all mineralized structures prior to the planned resource drilling program expected to commence during the quarter.

Qualified person statement

Dr. Deon Vermaakt is a consultant of Rome Resources and qualified geologist, and is a registered professional natural scientist (geological science) with the South African Council for Natural Scientific Professions (SACNASP registration No. 400074/03). Dr. Vermaakt is a qualified person (QP) under National Instrument 43-101, and has reviewed and approved the scientific and technical information contained in this news release.

Dr. Vermaakt reviews all sampling procedures and results of quality assurance/quality control (QA/QC) samples, which are inserted at regular intervals throughout the sample submissions on a continuing basis. To date, a total of 96 QA/QC control samples were inserted into the sample stream, consisting of 30 pulp duplicates, 36 blanks and 30 certified reference materials (CRM). Apart from three, the rest of QA/QC samples returned satisfactory and acceptable values. The three problematic QA/QC samples are currently being investigated, but not considered material.

About Rome Resources Ltd.

Rome Resources is a mineral exploration company that has entered into two option agreements and a binding term sheet to acquire direct and indirect interests in two contiguous properties situated in the Walikale district of the North Kivu province in eastern Democratic Republic of the Congo, which are collectively referred to as the Bisie North tin project. Rome has completed an initial phase of drilling on the project where it is responsible to finance exploration up to the completion of a definitive feasibility study.

We seek Safe Harbor.