The management of Romios Gold Resources Inc. (TSX VENTURE:
RG)(OTCBB: RMIOF)(FRANKFURT: D4R) ("Romios" or "the Company") is
pleased to announce further positive results from the diamond drill
program carried out during the summer of 2010 on its Trek Property
in the Galore Creek area of British Columbia. Higher grade
mineralization in holes TRK10-01 to TRK10-03 was followed with
further higher grade results in drill holes TRK10-05 to TRK10-08.
Tom Drivas, President of Romios, commented, "We are very pleased
with the positive results from the 2010 Drill Program on the Trek
Property. With each drill program we are getting closer to
fulfilling our objective of developing a viable high tonnage
porphyry copper-gold deposit. We are looking forward to our next
drilling program on Trek, especially in light of the upcoming Hwy
37 power line and other developments in the area. In addition, we
will continue working to advance the gold resource on our Newmont
Lake Project and further our exploration work on our other
projects."
Eight holes totalling 3,975.4 metres (13,042 feet) were drilled
at the North Zone bringing the total to 23 holes on the Trek
Property to date. The results confirm mineralization over an area
measuring approximately 700 metres (2,296 feet) by 550 metres
(1,804 feet) and to a depth of 450 metres (1,476 feet) indicating
potential for significant tonnage. The North Zone is yet to be
fully explored and is open to the east, south, north and at
depth.
Some significant long intercepts from the 2010 drill program are
as follows:
-- TRK10-01: 78.0 metres (256 feet) of 0.20 % Cu, 0.26 g/t Au, and 2.18 g/t
Ag
-- TRK10-03: 102.0 metres (335 feet) of 0.37% Cu, 0.15 g/t Au, and 1.18 g/t
Ag
-- TRK10-05: 56.0 metres (184 feet) of 0.37% Cu, 0.42 g/t Au, and 0.62 g/t
Ag
-- TRK10-07: 152.0 metres (499 feet) of 0.25% Cu, 0.15 g/t Au, and 1.94 g/t
Ag
-- TRK10-08: 50.8 metres (166 feet) of 0.33% Cu, 0.18 g/t Au, and 2.68 g/t
Ag
Some significant, higher grade intercepts from the 2010 drilling
program are as follows:
-- TRK10-03: 4.6 metres (15 feet) of 3.84% Cu, 1.82 g/t Au, and 8.52 g/t Ag
-- TRK10-05: 10 metres (33 feet) of 0.76% Cu, 0.99 g/t Au, and 1.3 g/t Ag
-- TRK10-07: 5.2 metres (17 feet) of 1.75% Cu, 0.60 g/t Au, and 14.3 g/t Ag
-- TRK10-08: 8.0 metres (26 feet) of 1.52% Cu, 0.75 g/t Au and 5.98 g/t Ag
A table containing the composite assays, including the corrected
TRK10-03 assays, is presented below.
Table 1. Composite and weighted assay intercepts from holes TRK10-01 to
TRK10-08. Intercepts represent apparent thickness. The results for holes
TRK10-01 to TRK10-03 were previously reported in a press release dated
September 13, 2010 and have been adjusted to reflect the correct values
determined during the Company's subsequent verification and validation of
the assay data ("QA/QC"). See note below.
----------------------------------------------------------------------------
Total Total
Hole ID Zone From (m) To (m) (m) (ft) Cu % Au g/t Ag g/t
----------------------------------------------------------------------------
TRK10-01(i) Upper 12.50 34.28 21.78 71.44 0.19 0.15 0.75
Azimuth: 0 Middle 1 128.00 154.00 26.00 85.28 0.22 0.16 1.25
Dip: -70 Middle 2 208.00 286.00 78.00 255.84 0.20 0.26 2.18
Lower 322.00 336.00 14.00 45.92 0.25 0.34 2.60
Whole Hole 3.00 405.00 402.00 1318.56 0.12 0.14 1.65
TRK10-02(i) Upper 85.00 105.00 20.00 65.60 0.15 0.06 0.52
Azimuth: 12 Containing 101.00 105.00 4.00 13.12 0.24 0.14 0.65
Dip: -80 Middle 190.50 192.50 2.00 6.56 0.36 0.06 1.50
Lower 296.50 304.75 8.25 27.06 0.28 0.06 1.41
TRK10-03(i) Upper 321.00 423.00 102.00 334.56 0.37 0.15 1.18
Azimuth: 170 Containing 344.10 409.20 65.10 213.53 0.45 0.19 1.25
Dip: -80 that
includes 365.90 407.70 41.80 137.10 0.60 0.25 1.57
Containing 365.90 370.50 4.60 15.09 3.84 1.82 8.52
and
Containing 406.70 409.20 2.50 8.20 2.19 0.48 6.44
Lower 495.40 504.00 8.60 28.21 0.19 0.21 2.98
All Zones 324.00 552.00 183.00 600.24 0.22 0.10 0.83
TRK10-04 Middle 325.08 336.00 10.92 35.82 0.15 0.19 0.82
Azimuth: 350 Lower 427.50 429.50 2.00 6.56 0.34 0.27 3.10
Dip: -70
TRK10-05 Upper 18.00 74.00 56.00 183.68 0.37 0.42 0.62
Azimuth: 330 Containing 18.00 28.00 10.00 32.80 0.76 0.99 1.30
Dip: -70 Middle 182.00 190.50 8.50 27.88 0.29 0.12 1.28
Lower 1 373.00 389.00 16.00 52.48 0.22 0.17 0.38
Lower 2 405.50 407.50 2.00 6.56 0.40 0.09 1.70
Lower 3 423.75 431.00 7.25 23.78 0.22 0.12 0.84
TRK10-06 Collar 0.00 4.00 4.00 13.12 0.06 0.29 0.20
Azimuth: 240 Upper 1 189.00 195.00 6.00 19.68 0.15 0.09 0.83
Dip: -82 Upper 2 205.00 211.00 6.00 19.68 0.09 0.05 0.43
Upper 3 285.00 291.00 6.00 19.68 0.17 0.15 0.30
Lower 375.00 411.00 36.00 118.08 0.10 0.07 0.40
Lower 2 440.05 447.00 6.95 22.80 0.13 0.06 0.89
Lower 3 462.00 471.00 9.00 29.52 0.14 0.06 0.82
Lower 4 495.00 522.00 27.00 88.56 0.12 0.04 2.45
that
includes 513.22 519.00 5.78 18.96 0.20 0.06 6.34
TRK10-07 Upper 29.00 61.00 32.00 104.96 0.19 0.21 0.38
Azimuth: 281 Containing 29.00 39.00 10.00 32.80 0.29 0.24 0.74
Dip: -83 Containing 57.00 61.00 4.00 13.12 0.45 0.65 0.70
Middle 1 184.00 189.84 5.84 19.16 0.40 0.18 3.02
Containing 189.00 189.84 0.84 2.76 1.38 0.34 9.60
Middle 2 208.00 219.00 11.00 36.08 0.21 0.22 1.66
Middle 3 231.00 240.00 9.00 29.52 0.23 0.55 1.68
Middle 4 265.50 270.70 5.20 17.06 1.75 0.60 14.30
Containing 266.30 268.10 1.80 5.90 3.81 1.44 31.29
Middle 5 311.46 325.18 13.72 45.00 0.31 0.25 2.08
Containing 321.24 325.18 3.94 12.92 0.74 0.76 3.95
ALL MIDDLE 184.00 336.00 152.00 498.56 0.25 0.15 1.94
TRK10-08 Upper 1 47.10 57.00 9.90 32.47 0.09 0.60 0.94
Azimuth: 20 Upper 2 87.50 92.50 5.00 16.40 0.11 0.45 1.81
Dip: -45 Upper 3 130.25 133.45 3.20 10.50 0.39 0.72 6.20
Middle 1 234.25 285.00 50.75 166.46 0.33 0.18 2.68
Containing 238.00 246.00 8.00 26.24 1.52 0.75 5.98
that
includes 239.40 242.34 2.94 9.64 1.74 1.11 2.99
and includes 244.18 245.20 1.02 3.35 6.10 2.17 34.40
Containing 262.85 270.00 7.15 23.45 0.19 0.18 2.85
Containing 279.00 285.00 6.00 19.68 0.35 0.16 6.66
Middle 2 311.46 317.00 5.54 18.17 0.19 0.15 3.21
(i) Please note: While the changes to the previously reported results were
not material, the disclosure with respect to TRK10-03 indicated "Hole TRK10-
03 intersected an upper zone of disseminated and vein-hosted copper
mineralization 117 metres (383.8 feet) in length assaying 0.47% copper, 0.18
g/t gold, and 1.40 g/t silver. This interval includes a section of 65.1
metres (213.5 feet) which assayed 0.62% copper, 0.24 g/t gold and 1.64 g/t
silver (within which a section of 4.6 metres (15.0 feet) averaged 4.03%
copper, 1.71 g/t gold and 8.85 g/t silver)." Based upon the Company's
subsequent QA/QC, the disclosure would be modified as follows: "Hole TRK10-
03 intersected an upper zone of disseminated and vein-hosted copper
mineralization 102 metres (334.56 feet) in length assaying 0.37% copper,
0.15 g/t gold, and 1.18 g/t silver. This interval includes a section of 65.1
metres (213.53 feet) which assayed 0.45% copper, 0.19 g/t gold and 1.25 g/t
silver (within which a section of 4.6 metres (15.09 feet) averaged 3.84%
copper, 1.82 g/t gold and 8.52 g/t silver)".
You can view a table showing a complete list of the composite
assays for the entire 2010 drill program and a map showing the
location of all of the holes (23 in total) that have been drilled
on the Trek property by visiting the following location on the web:
http://www.romios.com/s/Trek.asp.
Photos of select core samples can be accessed by visiting:
http://www.romios.com/s/TrekPhotos.asp.
As a matter of procedure, the mineralized intervals of drill
core were split in the field using an electric-powered core saw,
bagged and sealed for delivery to ALS Chemex Laboratories in
Vancouver for analysis. In addition to the laboratory's quality
control program, a rigorous on-site quality assurance and quality
control program was implemented which involves the insertion of
blanks, standards and splits to ensure reliable assay results.
Results from the recently completed Quantec Titan 24 Survey and
sampling on the Dirk Property will also be released when they have
been received and analyzed by the Company.
The technical information contained in this press release has
been reviewed and approved by Mr. Mel de Quadros, Ph.D., P.Eng.,
Director of Romios Gold Resources Inc. 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.
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.
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.
Contacts: Romios Gold Resources Inc. Tom Drivas President and
Director 416-221-4124 416-218-9772 (FAX) romios@romios.com Romios
Gold Resources Inc. Mel de Quadros, Ph.D., P.Eng. Director
416-668-6145 fortyholwood@rogers.com www.romios.com Romios Gold
Resources Inc. Michael D'Amico Investor Relations 647-500-6023
michael@baystreetconnect.com
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