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RG Romios Gold Resources Inc

0.015
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 0.015 0.01 0.015 0.015 0.015 0.015 10,000 01:00:00

Romios' ZTEM Survey Results on the Newmont Lake Property Identifies Additional Copper-Gold-Silver Porphyry Targets

16/04/2014 3:08pm

Marketwired Canada


Romios Gold Resources Inc. ("Romios") (TSX VENTURE:RG) (PINKSHEETS:RMIOF)
(FRANKFURT:D4R) is pleased to announce that it has received from Geotech Ltd. of
Aurora, Ontario, a summary interpretation report on the results of a
helicopter-borne Z-Axis Tipper Electromagnetic (ZTEM) and Aeromagnetic
Geophysical Survey that was carried out on Romios' Newmont Lake Project in the
Liard Mining Division in northwestern British Columbia.


Tom Drivas, President and CEO, comments: "We are extremely pleased that the
results of the geophysical surveys carried out by Geotech Ltd. readily
identified the known copper-gold-silver occurrences on which Romios has been
conducting exploration programs during the last several years. We are even more
excited that the surveys identified new geophysical anomalies that could have
significant exploration potential. Since the scope of the present study did not
allow a full evaluation of the survey results, we are considering a more
detailed interpretation of the geophysical data generated by the airborne survey
which may include 3D ZTEM and 3D Magnetic inversions and ground follow up.


More than seventeen discrete magnetic anomalies have been outlined in the
Geotech survey of which nine currently appear to be unexplained geologically and
could represent significant exploration targets. 


Based on a geophysical target model for alkaline porphyry mineral deposits and
related skarn-type occurrences, at least fourteen favourable resistivity and
magnetic high priority exploration targets have been identified. 


A total of 372 line kilometres of survey along lines oriented east-west and
spaced 300 metres apart were flown over an area that encompassed the Northwest
Zone, Telena Zone, Ken Zone, '72 Zone and the recently discovered Burgundy Ridge
Zone, an area of significant widespread copper-gold-silver mineralization
exposed over a 350 metre-long by 225 metre-wide area (see News Release dated
October 7, 2013). In addition to determining the airborne geophysical signatures
of the known zones of copper-gold-silver mineralization within the survey area,
the objective of the ZTEM and aeromagnetic surveys was to define other possible
hidden alkalic porphyry copper and related skarn-type occurrences at depth. 


The survey area is located 50 kilometres southeast of Galore Creek Mining
Corporation's (NovaGold-Teck JV) Galore Creek alkali porphyry copper-gold
deposit, is also adjacent to the Copper Canyon skarn copper-gold deposit and is
30 kilometres northwest of the Barrick Gold Eskay Creek volcanogenic massive
sulphide (VMS) deposit in the Stikine VMS and porphyry trend. Romios' property
is underlain by favourable Stikine Terrane rocks and hosts numerous porphyry and
skarn-type copper-gold-silver occurrences, as well as a VMS occurrence. 


This press release was reviewed and approved by Thomas Skimming, P.Eng,
Vice-President of Exploration and a Director of Romios 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 actively engaged in precious and base metal exploration
in 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 currently exploring its Golden Triangle 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.


This News Release contains forward-looking statements which are typically
preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions.
Forward-looking statements are not guarantees of future performance as they
involve risks, uncertainties and assumptions. We do not intend and do not assume
any obligation to update these forward- looking statements and shareholders are
cautioned not to put undue reliance on such statements. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Romios Gold Resources Inc.
Tom Drivas
President and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com


Romios Gold Resources Inc.
Thomas Skimming, P.Eng.
Vice-President, Exploration and Director
(416)-444-0900
tmsk8ing@hotmail.com


Romios Gold Resources Inc.
Frank van de Water
Chief Operating Officer and Director
(416) 221-4124
fvandewater@on.aibn.com

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