Romios Gold Resources Inc. (TSX
VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company")
is pleased to announce the results from the analyses of the
remainder of the drill core samples from the diamond drill program
carried out during the month of August, 2011 on Romios'
wholly-owned Dirk Property in the vicinity of Galore Creek in
northwestern British Columbia.
Romios completed four diamond drill holes collectively totalling
743 metres (2,437.6 feet) in length on the Dirk Property during
August of 2011 which encountered copper (Cu), gold (Au) and silver
(Ag)-bearing sulphides near-surface in all of the drill holes
within breccias and intrusions that appear to be genetically
related to syenitic intrusions similar to those located at the
neighbouring NovaGold-Teck Resources' Galore Creek Project,
Seabridge Gold's KSM and Brucejack Projects in northwestern British
Columbia and Imperial Metals' Mount Polley Project in central
British Columbia.
Romios' CEO Tom Drivas stated "We are very excited about the
Dirk drill results. This is the first drill program undertaken by
Romios on the Dirk property and these early results may indicate
the presence of significant new porphyry mineralization. British
Columbia porphyry-type orebodies are typically large tonnage, lower
grade deposits. To date, we have identified four zones of
copper-gold-silver mineralization on the Dirk property which
coincide with a 4 km long airborne magnetic anomaly identified in a
recent survey commissioned by Romios. Only two zones, approximately
2 km apart, have been tested with the drilling carried out to date.
The results from the diamond drilling carried out during the last
several field seasons, demonstrate the potential for significant
porphyry mineralization both on the Dirk and Trek properties. We
are awaiting additional assay results from the drilling carried out
on the Trek property and intend to continue our exploration efforts
to evaluate the overall porphyry potential of these
properties."
Table 1 below, contains a complete list of all assay summaries
for the 2011 drilling program on both the '72 ('DRK') and Telena
('TEL') Zones on the Dirk Property. Summarized highlights
follow:
The first tranche of assays from hole DRK11-01 were announced in
a Press Release issued on October 19, 2011 and included a section
of 63.35 metres (207.84 feet) grading 0.29% Cu, 0.25 g/t Au and
2.93 g/t Ag starting from 14.65 metres below surface.
Hole DRK11-02 encountered prolific sulphide mineralization from
surface to 182 metres down the hole, which included an interval,
starting at 3.60 metres below surface, of 68.4 m (224.41 feet)
grading 0.15% Cu, 0.22 g/t gold and 1.53 g/t Ag. The upper portion
of this interval from 3.60 to 8.20 metres (4.62 metres or 15.16
feet) assayed 0.91% Cu, 1.66 g/t Au and 6.20 g/t Ag. A much longer
interval from 3.60 to 133.80 metres (130.20 metres or 427.16 feet)
averaged 0.10% Cu, 0.16 g/t Au and 1.33 g/t Ag, which illustrates
the pervasive nature of the copper-gold-silver mineralization
within the porphyry.
Hole DRK11-03, drilled to a length of 159 metres, encountered a
zone of sulphide mineralization starting from 3.0 metres
(essentially the collar of the hole) to 27.76 metres down the hole.
This 24.76 metres (81.23 feet) section assayed 0.19 % Cu, 0.24 g/t
Au, and 1.34 g/t Ag.
Hole TEL11-01 was drilled to a length of 104 metres and is the
only hole drilled on the Telena Zone to date. The relatively
shallow hole intersected chalcopyrite veining within megacrystic
syenite intrusions throughout the top 50 metres of the hole. The
interval from 6.0 metres to 51.93 metres (45.93 metres or 150.69
feet) down the hole assayed 0.18% Cu, 0.09 g/t Au, and 2.07 g/t
Ag.
Elevated platinum (Pt) and palladium (Pd) values were
encountered in all four drill holes. Values are outlined in the
table below.
Table 1: Weighted assay composites from holes DRK11-01,
DRK11-02, and DRK11-03 from the '72 Zone and hole TEL11-01 from the
Telena Zone, on Romios' Dirk property.
From To Length Length Cu Au Ag Pt+Pd
Hole Interval (m) (m) (m) (ft) % g/t g/t (g/t)
----------------------------------------------------------------------------
DRK11-01 (previously released- Oct 19, 2011)
Section 1 14.65 25.81 11.16 36.61 0.61 0.21 4.63 0.007
Containing 15.56 20.50 4.94 16.21 1.09 0.34 6.31 0.007
Section 2 34.22 49.08 14.86 48.75 0.47 0.34 5.00 0.007
Containing 43.87 48.00 4.13 13.55 1.01 0.48 9.65 0.004
Section 3 64.08 69.87 5.79 19.00 0.56 0.81 8.18 0.004
Containing 65.66 67.71 2.05 6.73 1.19 1.59 18.84 0.004
Section 1-3
Envelope 14.65 78.00 63.35 207.84 0.29 0.25 2.93 0.007
Section 4 96.76 97.85 1.09 3.58 0.02 0.02 0.25 0.029
DRK11-02
Section 1 3.60 10.11 6.51 21.36 0.72 1.24 6.09 0.081
Containing 6.83 8.22 1.39 4.56 1.65 3.75 13.00 0.056
Within 3.60 8.22 4.62 15.16 0.91 1.66 6.20 0.104
Section 2 15.20 24.70 9.50 31.17 0.15 0.19 1.10 0.012
Containing 20.35 24.70 4.35 14.27 0.17 0.25 1.13 0.017
Section 3 40.10 45.00 4.90 16.08 0.21 0.26 1.16 0.019
Section 4 50.30 51.30 1.00 3.28 0.71 0.23 11.00 0.033
Section 5 69.43 72.00 2.57 8.43 0.12 0.18 1.05 0.013
Section 6 99.00 115.50 16.50 54.13 0.06 0.14 1.28 0.010
Containing 100.09 100.33 0.24 0.79 0.15 0.74 1.70 0.034
Within 99.00 101.00 2.00 6.56 0.04 0.39 1.24 0.009
And Containing 113.30 115.50 2.20 7.22 0.12 0.21 1.83 0.004
Section 7 124.26 133.80 9.54 31.30 0.08 0.10 2.75 0.004
Containing 132.00 133.80 1.80 5.91 0.34 0.16 9.70 0.000
Section 8 165.00 181.82 16.82 55.18 0.02 0.02 3.15 0.006
Containing 177.72 178.20 0.48 1.57 0.03 0.18 53.60 0.004
Section 1-2
Envelope 3.60 24.70 21.10 69.22 0.30 0.48 2.71 0.032
Section 1-3
Envelope 3.60 45.00 41.40 135.83 0.19 0.29 1.90 0.020
Section 1-4
Envelope 3.60 51.30 47.70 156.49 0.18 0.26 1.92 0.019
Section 1-5
Envelope 3.60 72.00 68.40 224.41 0.15 0.22 1.53 0.016
Section 1-6
Envelope 3.60 115.50 111.90 367.12 0.11 0.17 1.27 0.012
Section 1-7
Envelope 3.60 133.80 130.20 427.16 0.10 0.16 1.33 0.011
Section 1-8
Envelope 3.60 181.82 178.22 584.70 0.08 0.12 1.53 0.010
DRK11-03
Section 1 3.00 27.76 24.76 81.23 0.19 0.24 1.34 0.048
Containing 3.00 7.97 4.97 16.31 0.23 0.21 1.92 0.018
Containing 10.16 14.62 4.46 14.63 0.25 0.35 1.35 0.046
Containing 20.10 21.11 1.01 3.31 0.36 0.17 1.70 0.065
and Containing 23.41 24.60 1.19 3.90 0.43 0.67 2.70 0.178
Within 23.41 27.76 4.35 14.27 0.23 0.33 1.61 0.151
Section 2 36.00 37.05 1.05 3.44 0.31 0.07 3.80 0.198
Section 3 120.70 122.02 1.32 4.33 0.24 0.26 1.60 0.077
Pt + Pd Section 23.41 40.51 17.10 56.10 0.14 0.15 0.91 0.153
Containing 28.48 31.50 3.02 9.91 0.09 0.10 0.40 0.235
TEL11-01
Section 1 6.00 51.93 45.93 150.69 0.18 0.09 2.07 0.018
Containing 27.36 28.70 1.34 4.40 0.92 0.30 4.60 0.125
Within 26.90 32.23 5.33 17.49 0.53 0.25 3.72 0.088
and Containing 37.78 38.92 1.14 3.74 1.09 0.17 11.0 0.009
and Containing 51.68 51.93 0.25 0.82 2.14 0.66 5.20 0.031
Section 2 93.00 95.50 2.50 8.20 0.00 0.49 0.80 0.003
QA/QC
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
Terrace 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 duplicates to ensure reliable assay
results.
The technical information contained in this press release has
been prepared by Mr. Thomas Skimming, P.Eng., Vice-President,
Exploration and a Director of Romios Gold Resources Inc. and a
Qualified Person as defined by National Instrument 43-101.
A map showing the location of the drill holes reviewed herein
can be found at: http://www.romios.com/s/DirkMaps.asp. For
additional information, including maps showing the location of
drill holes completed to date during the 2011 drill program, please
visit our website at www.romios.com.
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.
Exchange Listings and Symbols: TSX-V:RG, NASDAQ OTC:RMIOF,
Frankfurt:D4R.
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. Thomas Skimming, P.Eng. Vice-President,
Exploration and a Director of Romios Gold Resources Inc.
416-444-0900tmsk8ing@hotmail.com Romios Gold Resources Inc. Michael
D'Amico CFO, Investor Relations
647-500-6023Michael@baystreetconnect.com Romios Gold Resources Inc.
Head Office: 25 Adelaide Street East, Suite 1010 Toronto, ON
Canada, M5C 3A1www.romios.com
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