Romios Gold Resources Inc. ("Romios") (TSX
VENTURE:RG)(PINKSHEETS:RMIOF)(FRANKFURT:D4R) is pleased to announce that an
exploration permit (PR-13-10449) has been issued to Romios by the Mineral
Development and Lands Branch of the Ministry of Northern Development and Mines.
In conjunction with the issuance of the exploration permit, Romios signed a
binding Letter of Intent ("LOI") with the North Caribou Lake First Nation
("NCLFN"), which is broadly defined as the Community of Weagamow Lake, Chief and
Council, Trappers and the Traditional Territory. 


The exploration permit (the "Permit") is subject to the requirements of the
Mining Act of Ontario and all applicable Provincial Standards for early
exploration and is effective for a period of three (3) years with options to
renew. The Permit is specific to Romios' claims in the vicinity of Akow Lake in
the North Caribou Lake area, which has been the subject of ongoing discussions
with the NCLFN for some time.


Romios looks forward to developing the positive relationship with the NCLFN in
accordance with the LOI, which recognizes the need for both parties to benefit
and coexist through a process of mutual respect, ongoing dialogue and regular
interaction in order to realize the objectives of both Romios and the NCLFN.
Based on the LOI, both parties will work towards completing a Memorandum of
Understanding, which will govern the relationship of both parties during the
early exploration phase on the Lundmark-Akow Lake property. 


The exploration permit and the LOI will allow Romios to resume exploration on
its Lundmark-Akow Lake property, located within the North Caribou Lake
greenstone belt in the Patricia Mining Division in northwestern Ontario. Earlier
exploration carried out by Romios identified indications of widespread gold
mineralization associated with banded iron formations ("BIFs") analogous to
those hosting the Musselwhite gold deposits approximately 18 km to the southeast
and with a highly siliceous deformation zone adjacent to the BIFs. In addition,
an extensive zone of stringer-type copper mineralization, believed to reflect a
more massive copper sulphide occurrence at depth, was discovered by Romios. 


Five holes were drilled to test the copper zone during the winter of 1998-1999
by Romios. All five drill holes (holes RGRI-99-1 to RGRI-99-5) intersected wide
zones of potentially significant copper and gold mineralization over a strike
length of more than 1,000 metres (3,280 feet). Geophysical evidence suggests
that the zone is much more extensive than that tested by the diamond drilling.
Rather than assay the entire width of the stringer-type copper mineralization in
each hole, a number of samples were collected throughout the zone to determine
roughly the tenor of the copper and gold contained within the mineralized zone.


One of the more notable holes (hole RGRI-99-3) intersected 94.0 metres (308
feet) of the stringer-type copper mineralization. A total of 25 samples
collected over 12.21 metres (40.05 feet) within the mineralized zone assayed a
weighted average of 0.39% copper. Highly anomalous gold values were encountered
over 96.32 metres (316.0 feet) within this zone. A total of 22 samples over
11.30 metres (37.07 feet) averaged 0.36 gpt in gold. Similar copper and gold
grades over comparable widths were encountered in the other 4 holes. (Press
Release dated March 31, 1999).


In the most southerly exposed portion of the gold-bearing deformation zone, 14
grab and channel samples collected from an outcrop area assayed from a low of
12.26 gpt (0.358 oz/ton) to a high of 1,323.81 gpt (38.612 oz/ton) of gold. The
arithmetic average of the 14 samples was 402.85 gpt (11.75 oz/ton) of gold.
(Press Release dated November 24, 1997).


Prior to further diamond drilling on the property, Romios plans to conduct an
airborne deep penetrating, geophysical survey in the vicinity of the known
copper mineralization in order to determine locations for a number of drill
holes to evaluate the significance of the stringer-type copper mineralization
encountered in earlier drill programs.


The Management of Romios would like to express its sincere appreciation and
gratitude to the Ministry of Northern Development and Mines for its
understanding and patience in granting exclusions of time for assessment work
requirements during the discussions with the North Caribou Lake First Nation.


This press release was approved by Thomas Skimming, P.Eng, Vice-President of
Exploration and a Director of Romios and a Qualified Person as defined by
National Instrument 43-101.


About Romios Gold Resources Inc.

Romios is a progressive Canadian mineral exploration company established in 1995
and is actively engaged in precious and base metal exploration in 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 and is
currently exploring its Golden Triangle 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.


This News Release contains forward-looking statements which are typically
preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions.
Forward-looking statements are not guarantees of future performance as they
involve risks, uncertainties and assumptions. We do not intend and do not assume
any obligation to update these forward-looking statements and shareholders are
cautioned not to put undue reliance on such 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
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 and Director
(416)-444-0900
tmsk8ing@hotmail.com


Romios Gold Resources Inc.
Frank van de Water
Chief Operating Officer and Director
(416) 221-4124
fvandewater@on.aibn.com

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