Romios Announces Initial Exploration Results for 2013, Including Discovery of New Mineralized Area in the Golden Triangle, No...
September 04 2013 - 9:49AM
Marketwired Canada
Romios Gold Resources Inc. (TSX VENTURE:RG)(PINKSHEETS:RMIOF)(FRANKFURT:D4R) is
pleased to announce the completion of an exploration program conducted in August
on its projects located within the world-class Golden Triangle mineral district
of northwestern British Columbia.
Romios retained Ethos Geological, Ltd., to perform prospecting, sampling, and
mapping over several new regions holding a strong potential for copper, gold,
and silver mineralization located within the Trek and Newmont Lake Project
areas. The areas investigated include historical and recently discovered mineral
showings that surround the Dirk porphyry on the Newmont Lake Project (Press
Release dated October 10, 2012), the historical Argent mineral occurrence
acquired by Romios in 2012 (Press Release dated Aug 27, 2012), and prospective
locations elsewhere within the Romios properties.
The Company is encouraged by the discovery of a large continuous exposure of
mineralization located along the margin of the Dirk porphyry. Recent higher
temperatures and reduced summer snowpack exposed a 300 metre long x 225 metre
wide area of porphyry-related copper and gold-bearing sulphide mineralization
extending over 100 metres in elevation which is sitting along trend of the 72
and Telena Zones, and broadening downhill to the south from the Ridge mineral
showing.
This new area - named "Burgundy Ridge" - is interpreted as one of the principle
epicentres for porphyry mineralization throughout the entire Newmont Lake
project and is an excellent target for future drill campaigns. The Burgundy
Ridge Zone contains chalcopyrite and bornite sulphides occurring within porphyry
dykes, breccias, and metamorphosed sedimentary rocks that sit together with a
thick unit of limestone and several late-stage barren dykes. Ethos performed
1:2000-scale mapping over the zone and collected grab, continuous chip, and 84
gridded samples, which have been submitted for rush assay. Please see photos of
the Burgundy Ridge Zone at www.romios.com.
Additionally, the historical and silver-rich Argent mineral showing was
re-discovered after remaining hidden from previous exploration efforts due to
historical map errors. Four historical samples at the showing range from 5.16 to
369.64 oz/ton silver, and up to 4.22 g/t gold. New sampling from quartz veins in
the area included several samples from a tetrahedrite-galena-chalcopyrite
bearing vein, which is up to 8.0 cm wide and extending for 8.0 metres in length
(approximately), and locally contains up to 60% sulphides.
All samples have been submitted to AGAT Laboratories in Terrace, B.C. for assay.
As a matter of procedure, a rigorous on-site quality assurance and quality
control program was implemented that includes the insertion of blanks, standards
and duplicates within the samples to ensure reliable assay results. The assay
results, maps, and additional information will be released when received and
reviewed by the Company.
The technical information contained in this press release has been reviewed and
approved by Mr. Scott Close, P.Geo, President, Ethos Geological, Ltd., 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.
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.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Romios Gold Resources Inc.
Tom Drivas
President, CEO and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com
Romios Gold Resources Inc.
Frank van de Water
COO and Director
416-221-4124
416-218-9772 (FAX)
fvandewater@an.aibn.com
Romios Gold Resources Inc.
Thomas Skimming, P.Eng
Vice-President, Exploration and Director
416-444-0900
tmsk8ing@hotmail.com
www.romios.com
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