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RMR Rome Resources Ltd

0.19
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rome Resources Ltd TSXV:RMR 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% 0.19 0.15 0.175 0 01:00:00

Proposed Reverse Circulation Drilling on the Central Zone of Rome's Don Luis Property in Sonora, Mexico, is Based on All Analyse

27/04/2011 7:42pm

Marketwired Canada


Rome Resources Ltd. (TSX VENTURE:RMR) (FRANKFURT:33R) is pleased to announce a
proposed grid of holes for the Central Zone on the Don Luis Greisen-Porphyry
Silver-Gold-Tungsten Property, Sonora, Mexico. Proposed locations of 190 reverse
circulation drill holes are justified by sampling to date. The object of this
drilling is to discover a bulk tonnage, open pit silver-gold-tungsten (+/-
molybdenum) mine.


The Don Luis Property is about 45 km north-northeast of Hermosillo, the capital
of Sonora. The three zones, West, Central and East are marked by geochemical
anomalies that individually are about 500 meters in diameter.


Best results for all significant metals analyzed are mainly within
greisen-porphyry that hosts spires of massive quartz and quartz breccia commonly
associated with "brain rock" (UST texture). A preliminary drilling pattern,
based on these results is shown in Figure A1. Drill site location will be
modified for locally steep terrain. Twenty-nine of the 190 holes are first
priority, 35 are second priority, and 126 are third priority. Drilling is
expected to begin with our new, state-of-the-art Prospector II Reverse
Circulation Drill in May following drilling of the West and East Zones (see this
year's News Releases #01 and #02 on SEDAR or on our web site, below).


Rome Resources Ltd. is a Canadian mineral exploration company focused on silver,
gold, copper and tungsten projects in Mexico and Argentina. It is traded on the
TSX-VEN (symbol RMR) and on the Frankfurt Exchange (33R). Company and
exploration details are at: http://www.romeresources.com (click: "What's New"
(SEDAR News Releases) and "Projects").


On behalf of the Board of Directors 

Colin I. Godwin, PhD, PEng, PGeo

President and Director of Rome Resources Ltd. 

Professor Emeritus, The University of British Columbia

Colin I. Godwin, PhD, PEng, PGeo, a qualified person under National Instrument
43-101, has verified data disclosed in this release. This News Release may
contain forward-looking statements. Forward-looking statements are statements
which relate to future events. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may cause our or
our industry's actual results, levels of activity, performance or achievements
to be materially different from any future results, levels of activity,
performance or achievements expressed or implied by these forward-looking
statements. While these forward-looking statements, and any assumptions upon
which they are based, are made in good faith and reflect our current judgment
regarding the direction of our industry, actual results will almost always vary,
sometimes materially, from any estimates, predictions, projections, assumptions
or other future performance suggested herein.


APPENDIX A

http://romeresources.com/site/2011/04/27/news-release-05-april-26th-2011-proposed-reverse-circulation-drilling-on-the-central-zone-of-rome%E2%80%99s-don-luis-property-in-sonora-mexico-is-based-on-all-analyses-to-date/


Figure A1. Location of 190 proposed holes for reverse circulation drilling.
Holes priorities were selected on the basis of trench, soil and mineralized rock
samples. The contoured color is a summary of combined metals where 4 and above
(pink to white) are statistically anomalous. There are 29 first priority holes
(largest red dots), 35 second priority holes (intermediate dots) and 126 holes
of third priority (smallest dots). Note that the main area of priority is about
400 meters in diameter.


CH Valoren No: 699 171

WKN: 886289

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