Romios Discovers New Zone of Copper-Gold Mineralization at Newmont Lake, Northwestern British Columbia -Grades of 2.61% Copper a
December 03 2007 - 8:55AM
Marketwired
TORONTO, ONTARIO (OTCBB: RMIOF)(FRANKFURT: D4R) is pleased to
announce the discovery of a new zone of copper-gold mineralization
on its Newmont Lake Property in the Galore Creek area of
northwestern British Columbia. This zone, referred to as the
"Chochi Zone" is located approximately 2.2 kilometers northeast of
the RNT Zone, another new copper-gold discovery announced recently
by Romios (see Press Release dated November 8, 2007).
The Chochi Zone occurs within the Forrest Kerr Pluton adjacent
to the Newmont Fault and consists of a network of stringers and
disseminated grains of chalcopyrite, bornite and pyrite within a
dioritic phase of the Forrest Kerr Pluton that has been subjected
to intense potassic alteration. The copper-gold mineralization,
varying in intensity, was observed over an area of 1.5 kilometres.
The most consistent mineralization was traced for over 600 metres
along a west-northwesterly trend in rugged, glacially polished
outcrops before disappearing under an extensive cover of glacial
debris to the northwest and under a large alpine glacier to the
southeast. The most intensely mineralized zone observed is
approximately 150 metres by 220 metres in size and is the area from
which most of the preliminary sampling was carried out. Copper
mineralization is pervasive in the vicinity of the Chochi Zone.
Pendants of sedimentary rocks are mineralized with chalcopyrite,
malachite, azurite and pyrite within and adjacent to the larger
zone of copper-gold mineralization.
A total of 19 combined chip-channel and rock-grab samples were
collected randomly over the aforementioned intensely mineralized
area. A single grab sample assayed 2.61% copper and 0.796 gpt gold.
Other notable grab samples assayed up to 0.76% copper and 0.19 gpt
gold. Chip-channel samples were collected across one metre of
exposed bedrock, generally perpendicular to foliation where
present. Assays ranged up to 0.5% copper and 0.159 gpt gold for the
chip-channel samples.
The Chochi Zone was discovered during follow-up work immediately
east of soil samples that were found to be consistently anomalous
in copper collected along the Newmont Fault during the 2007 field
season. Copper-in-soils in this anomaly were commonly between 100
ppm to 200 ppm, but values as high as 947 ppm copper were obtained.
Follow-up work consisted of mapping intrusive phases and alteration
mineral assemblages and by following increasingly intense
alteration to the east into a large gully within which the Chochi
Zone was discovered. It is evident from field observations that the
Chochi Zone is potentially much larger since it appears essentially
to be obscured by glacial debris and in part, underlies a large
valley glacier.
The management of Romios is very pleased to announce the
discovery of the
Chochi Zone since it fits the model for a large tonnage,
porphyry-type target, and is located proximal to a major regional
fault. The limited sampling of the Chochi Zone is not considered
representative of the overall zone due to the extensive cover of
glacial ice and glacial debris in the area. Detailed geophysical
surveys, additional sampling and diamond drilling will be required
before a proper assessment of the Chochi Zone is possible.
For the purposes of the disclosure in this Press Release, Thomas
Skimming, P.Eng., Vice-President of Exploration and a Director is
the Qualified Person ("QP").
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 and Nevada. The Corporation plans to
undertake extensive exploration work on its Galore Creek properties
in British Columbia, which are centrally located between NovaGold's
large gold-copper-silver deposit and Barrick's high grade gold mine
at Eskay Creek.
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. Shareholders are cautioned
not to put undue reliance on such forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Romios Gold Resources Inc. Tom Drivas President and
Director (416) 221-4124 (416) 218-9772 (FAX) Email:
romios@romios.com Romios Gold Resources Inc. Thomas Skimming Vice
President of Exploration and Director (416) 444-0900 (416) 444-0586
(FAX) Email: tmsk8ing@hotmail.com Website: www.romios.com
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