Petrographic and Age Determinations for Intrusives at Romios Gold's Newmont Lake Property Suggest Intrusives are Close in Age to
June 23 2008 - 9:05AM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R)
announces that recently completed geochemistry, petrography, and
age determination studies carried out for two intrusive phases at
its RNT Zone, Newmont Lake property determined that the porphyry
intrusives are very similar geochemically and mineralogically to
the Mount Milligan Cu- Au porphyry and similar in age to Teck-
Cominco/ Nova Gold's nearby alkalic Cu- Au Galore Creek deposit.
Based on the findings of the study and known area geology, Romios
Gold has expanded its land holdings by an additional 412 units
covering an area of 78 square kilometers or 7,289 hectares and is
planning further ground geophysics, soil sampling and mapping
during its summer drilling program.
The studies were carried out by K.L. Rasmussen, PhD Candidate,
Department of Earth and Ocean Sciences, University of British
Columbia. Samples were taken from the RNT zone porphyritic
intrusion and a porphyritic stock located four kilometers to the
north. The RNT Zone is located approximately 1.5 Km east of the
Newmont Fault.
Samples from the RNT Zone and the stock to the north had
lithogeochemical compositions and textures that are typical of
silica - saturated alkalic Cu- Au porphyry systems. The porphyritic
dykes at the RNT zone have undergone an early high temperature
"sodic" alteration event. The porphyritic stock has undergone
similar styles of alteration, although less strongly. The pervasive
sericitic alteration and secondary mineral assemblages found in the
porphyry intrusives are indicative of proximity to the core of a
silica-saturated porphyry system that is prospective for high grade
chalcopyrite -bornite - gold mineralization.
Two samples of the porphyritic intrusions submitted for
geochronological analysis returned late Triassic U-Pb ages of 203.1
to 214.1 Ma (million years), respectively. These ages are close to,
or within the 210 -200 Ma timeframe in which most mineralized
alkalic Cu-Au porphyry deposits in BC formed, including the
approximately 210-215 Ma syn- mineralized intrusives at
Teck-Cominco / Nova Gold deposit.
"We are very excited about the findings of the most recent
studies and have significantly expanded our land holdings at our
Newmont Lake property based on these results. We are starting our
exploration program this month and will be targeting these highly
prospective intrusives with further geophysical surveys and field
work", said Tom Drivas, President.
The technical information contained in this press release has
been reviewed and approved by Mr. Thomas Skimming, P. Eng.,
Geologist, V.P. of Exploration, Director of Romios Gold Resources
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 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.
Exchange Listings and Symbols: (TSX VENTURE: RG)(OTCBB:
RMIOF)(FRANKFURT: D4R).
Head Office: 25 Adelaide Street East, Suite 1010, Toronto, ON
Canada, M5C 3A1 Tel: 416-221-4124, Fax: 416 218-9772 Website:
www.romios.com. Contact: Tom Drivas, President Email Address:
romios@romios.com
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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