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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Romios Gold Resources Inc | TSXV:RG | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.01 | 0.01 | 0.015 | 0 | 00:00:00 |
Romios Gold Resources Inc. (TSX VENTURE:RG)(PINKSHEETS:RMIOF)(FRANKFURT:D4R) is pleased to announce the completion of an exploration program conducted in August on its projects located within the world-class Golden Triangle mineral district of northwestern British Columbia. Romios retained Ethos Geological, Ltd., to perform prospecting, sampling, and mapping over several new regions holding a strong potential for copper, gold, and silver mineralization located within the Trek and Newmont Lake Project areas. The areas investigated include historical and recently discovered mineral showings that surround the Dirk porphyry on the Newmont Lake Project (Press Release dated October 10, 2012), the historical Argent mineral occurrence acquired by Romios in 2012 (Press Release dated Aug 27, 2012), and prospective locations elsewhere within the Romios properties. The Company is encouraged by the discovery of a large continuous exposure of mineralization located along the margin of the Dirk porphyry. Recent higher temperatures and reduced summer snowpack exposed a 300 metre long x 225 metre wide area of porphyry-related copper and gold-bearing sulphide mineralization extending over 100 metres in elevation which is sitting along trend of the 72 and Telena Zones, and broadening downhill to the south from the Ridge mineral showing. This new area - named "Burgundy Ridge" - is interpreted as one of the principle epicentres for porphyry mineralization throughout the entire Newmont Lake project and is an excellent target for future drill campaigns. The Burgundy Ridge Zone contains chalcopyrite and bornite sulphides occurring within porphyry dykes, breccias, and metamorphosed sedimentary rocks that sit together with a thick unit of limestone and several late-stage barren dykes. Ethos performed 1:2000-scale mapping over the zone and collected grab, continuous chip, and 84 gridded samples, which have been submitted for rush assay. Please see photos of the Burgundy Ridge Zone at www.romios.com. Additionally, the historical and silver-rich Argent mineral showing was re-discovered after remaining hidden from previous exploration efforts due to historical map errors. Four historical samples at the showing range from 5.16 to 369.64 oz/ton silver, and up to 4.22 g/t gold. New sampling from quartz veins in the area included several samples from a tetrahedrite-galena-chalcopyrite bearing vein, which is up to 8.0 cm wide and extending for 8.0 metres in length (approximately), and locally contains up to 60% sulphides. All samples have been submitted to AGAT Laboratories in Terrace, B.C. for assay. As a matter of procedure, a rigorous on-site quality assurance and quality control program was implemented that includes the insertion of blanks, standards and duplicates within the samples to ensure reliable assay results. The assay results, maps, and additional information will be released when received and reviewed by the Company. The technical information contained in this press release has been reviewed and approved by Mr. Scott Close, P.Geo, President, Ethos Geological, Ltd., and a Qualified Person as defined by National Instrument 43-101. About Romios Gold Resources Inc. Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Galore Creek Mining Corporation's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements. FOR FURTHER INFORMATION PLEASE CONTACT: Romios Gold Resources Inc. Tom Drivas President, CEO and Director 416-221-4124 416-218-9772 (FAX) romios@romios.com Romios Gold Resources Inc. Frank van de Water COO and Director 416-221-4124 416-218-9772 (FAX) fvandewater@an.aibn.com Romios Gold Resources Inc. Thomas Skimming, P.Eng Vice-President, Exploration and Director 416-444-0900 tmsk8ing@hotmail.com www.romios.com
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