The management of Romios Gold Resources Inc. (TSX VENTURE:
RG)(OTCBB: RMIOF)(FRANKFURT: D4R) ("Romios" or "the Company") is
pleased to announce the results of the Titan 24 geophysical survey
carried out by Quantec Geoscience (Quantec) during August 2010 on
its Trek Property in the Galore Creek area in north-western British
Columbia. The objective of the survey was to map and detect
porphyry mineralization at depth targeting the North and Tangle
Zones. Titan 24 surveys have been a part of the successful
identification of porphyry ore bodies and extensions of known ore
bodies at other locations in British Columbia. The surveys measured
the resistivity (DC), induced polarization (IP), and
magnetotelluric (MT) properties of the underlying rock.
Highlights of the Survey:
-- The survey identified a large deep conductor 500 metres long, 300 metres
wide and 200 metres high across all three lines in the North Zone. This
conductor remains open to the North and the South. This new feature,
which lies east and below the previous drilling and occurs from 500 to
675 metres below surface, represents the main target for future
drilling. The conductor provides an opportunity for significant added
tonnage to the North Zone.
-- The analysis and interpretation of the DC, IP and MT results also
identified several chargeable anomalies above the deep conductive zone.
These anomalies coincide reasonably well with the results of the
existing 23 drill holes on the North Zone. The Company intends to
continue drill testing these anomalies in its next drill program.
-- On the Tangle Zone, three pronounced IP anomalies were identified along
the profile. These are located above a deep conductive zone which is the
main drill target in the Tangle Zone. The IP anomalies and the deep
conductor correlate well with grab sample assays and a significant soil
copper-gold geochemical anomaly. Romios intends to drill this zone in
its next drill program.
Tom Drivas, the President of Romios Gold, states, "We are very
pleased with the results from the Titan 24 survey. The upper level
results correlate well with the drilling at the North Zone, but
what is even more exciting is the new large deep anomaly below our
drilling to date which may represent the main porphyry body thought
to be the source of the upper level mineralization. The survey
results at the Tangle Zone are particularly encouraging as they
correlate strongly with high copper-gold soil geochemistry. Romios
intends to drill-test the new targets which have the potential to
host significant incremental copper-gold porphyry mineralization on
Trek."
North Zone - Line 1
This 1.2 kilometre line extended from east of the known
mineralization to the collar of TRK08-05. The results of the survey
clearly indicate a two conductive layer structure separated by a
resistive sub- surface layer. The deep conductive zone, which also
extends through lines 2 and 3, is the main target as it may
represent the main porphyry system. The results also indicate a
large high chargeability anomaly near hole TRK08-05 that correlates
with high content of pyrite, and four small IP anomalies that may
represent alteration zones. One large high chargeability anomaly at
approximately 250 metres depth may correlate to a possible fracture
zone and is located near drill holes TRK08-01, 02, 03 and TRK 09-06
which contain mineralized porphyry occurrences with significant
copper-gold mineralization. This anomaly is located at the edge of
the profile and cannot be completely resolved by the inversion of
the data.
North Zone - Line 2
The second and northern-most line transects the North Zone 500
meters north of Line 1. Line 2 extends from east of the known
mineralization westward to terminate 150 meters northwest of TRK10-
04. This line displays a zone of high conductivity north of
TRK10-04, untested by drilling. Other areas of moderate-high
conductivity at the North Zone are associated with copper
mineralization. The upper resistive layer is sectioned by two main
conductive zones. The main deep conductive zone appears on Line 2
at a depth of 600 metres. A weak IP chargeability anomaly appears
near the main conductive anomaly at 250 metres depth and may
represent potential alteration or mineralization. Drill holes
TRK10-03, 10-05 and 10-06 encountered mineralized porphyry dykes
above this zone and confirm the zone's exploration potential.
North Zone - Line 3
The third Titan 24 survey line was placed between Lines 1 and 2,
and transects the center of the North Zone from east to west.
Generally, the IP and DC patterns reflect those in Line 1. Three
high chargeability anomalies can be identified on this profile. A
large IP anomaly on the west side of Line 3 correlates with zones
of copper-gold-silver mineralized breccias. The first high
chargeability may correspond to a near surface anomaly. The second
high chargeability is approximately at a depth of 300 metres and
remains to be drill tested. The third high is at 300 metres depth
on the west side of Line 3 and correlates with zones of
copper-gold-silver mineralized breccias. This IP anomaly dips to
the east, mirrors a zone of moderate conductivity, and joins with a
significant MT anomaly at 500-650 meters depth, interpreted as
being the main deep conductive zone displayed on Line 1 and 2.
Drill holes TRK10-07 and 10-08 also encountered mineralized
porphyry dykes above this zone and further confirm the zone's
exploration potential.
Tangle Zone - Line 4
Three high chargeability anomalies located at approximately 100
metres depth are above a deep conductive zone which appears to
extend from 400 metres to 600 metres depth. Results from each of
the DC, IP, and MT surveys transecting the Tangle Zone indicate
interconnected conductive anomalies that extend from surface to 600
meters depth. At surface, the conductive anomalies correlate with a
700 x 200 metre-wide area highly anomalous in copper and gold
derived from gridded soil sampling. Outcrops in the vicinity of the
conductive anomalies and soil anomalies contain bornite and
chalcopyrite mineralization in porphyry intrusive. Grab samples
assayed up to 9.6 g/t Au, and 16.45% Cu with 7.56 g/t Au. Soil
sampling in the area assayed up to 5.31 g/t Au and 12.2% Cu.
Titan 24 Survey Parameters
The Quantec Titan 24 DC, IP and MT system is a state of the art
geophysical tool used to explore for copper-gold mineralization.
Four 1.2 kilometre-long lines, three transecting the North Zone at
250 meter spacings and one transecting the Tangle Zone, were
completed at Trek. Each line was surveyed using a dipole-dipole
configuration with a dipole size of 50 metres and measured the
resistivity (DC), induced polarization (IP), and magnetotelluric
(MT) properties of the underlying rocks. The Titan 24 system is
capable of measuring properties simultaneously and comparing them
to ensure accuracy. The system's high-resolution digital signal
processing and data multiplicity within the array and over time
detects and resolves smaller signals from deeper targets while
filtering noise. At these line lengths, the Titan surveys permit
reliable, high-resolution analysis from surface to 400 meters depth
for DC and IP, and down to 1,000 metres for MT. Inversion of the DC
and IP data was completed using the UBC3D inversion code.
You can view the geophysical cross sections showing the Titan 24
survey results at the North and Tangle Zones by visiting the
following location on the web:
http://www.romios.com/s/Trek.asp.
The technical information contained in this press release has
been reviewed and approved by Mr. Mel de Quadros, 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 gold-copper-silver deposit
and Barrick's high grade gold mine at Eskay Creek.
Exchange Listings and Symbols: TSX-V: RG, NASDAQ OTC: 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
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 Investor
Relations Michael D'Amico 647-500-6023
Michael@baystreetconnect.com
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