Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R)
("Romios" or the "Company") is pleased to announce the acquisition of
approximately 5,700 hectares of mineral tenures within the so-called Golden
Triangle area in northwestern British Columbia. Romios now holds approximately
72,000 hectares in the vicinity of Pretium Resources' Brucejack deposit, Barrick
Gold's Eskay Creek mine and the Galore Creek Mining Corporation's Galore Creek
project (a NovaGold/Teck Resources' joint venture).


The mineral tenures expand Romios' land position southward along the projected
metallogenic corridor of the Newmont Lake Project. Field evidence acquired
during Romios' 2012 summer exploration campaign (reviewed in Press Releases
dated August 9 and July 10, 2012) confirms that the mineralized zones on the
Newmont Lake Project coincides with the BC Ministry of Mines' ("BCGS")
interpretation of a volcanic massive sulphide ("VMS") belt of mineralization
which extends over a distance of at least 20 kilometres (see Press Release dated
March 3, 2011, and BCGS Open File 2011-02).


Mineralization on the new claims includes the Argent showing- BC Minfile # 104B
348- named for the significant occurrences of silver. In 1989, Pezgold Resources
reported 30 grab samples collected from numerous quartz veins within a highly
silicified shear zone at the Argent showing (BC Assessment Report 18546). Of
these, sample 22190 assayed 369.64 oz/tonne Ag, 4.22 g/t Au, and greater than 2%
Cu; four additional grab samples assayed 4,387.8 g/t Ag, 2,065 g/t Ag, 524.56
g/t Ag, and 146.5 g/t Ag (samples 22191, 22279, 22286, and 22289, respectively).
Romios intends to verify these non NI 43-101 compliant assays with QAQC-directed
trench and chip sampling in future exploration campaigns.


The new mineral tenures additionally secure a land position approximately 4.5
kilometres from the developing hydroelectric power, communications, and road
infrastructure at the mouth of the McLymont River (see Press Release dated April
3, 2012).


As of late August, 2012, Romios has completed 15 diamond drill holes totalling
2,613 metres on its Newmont Lake property. Drilling at the Ken Zone encountered
visible gold and VMS-style mineralization. Geophysics and drilling extended
Romios' 72 Zone porphyry discovery and intercepted a mineralized porphyry
underlying the zone of bornite and chalcopyrite mineralization exposed at
surface. Recent drilling carried out at the Northwest Zone indicates that the
known zone of gold-silver-copper mineralization is wider and larger than
historically recognized. All drill assay results will be released when received
and reviewed by the Company.


In addition to the geophysical and drill program, Romios completed a technical
review of the Trek Property's North Zone and confirmed extensions of geophysical
conductors to the north and south.


Drill core has been cut using an electric-powered core saw, bagged and sealed
for shipping to SGS Minerals for processing in Telkwa, BC. In addition to the
laboratory's quality control program, a rigorous on-site quality assurance and
quality control program is implemented involving the insertion of blanks,
standards and splits to ensure reliable assay results.


The technical information contained in this press release has been reviewed and
approved by Mr. Scott Close, P.Geo., Exploration Manager for Romios 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.


Exchange Listings and Symbols: (TSX VENTURE:RG)(OTCBB: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.


Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Vortex Metals Charts.
Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Vortex Metals Charts.