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Romios Gold Resources Inc

Publié le 27 août 2012

Expands Tenure Position And Provides Exploration Update On Its Golden Triangle Project, Northwestern

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News Release Monday, August 27, 2012

Romios Expands Tenure Position And Provides Exploration Update On Its Golden Triangle Project, Northwestern British Columbia

TORONTO, ONTARIO (August 27, 2012) -- Romios Gold Resources Inc. (TSX.V -RG) ("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.

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:

Tom Drivas, President, CEO and Director: (tel) 416-221-4124, (fax) 416-218-9772 or (email) romios@romios.com

Scott Close, P.Geo, Exploration Manager, (tel) 406-366-3880 or (email) scott@ethosgeo.com

Thomas Skimming, P.Eng, Vice-President, Exploration and Director, (tel) 416-444-0900 or (email) tmsk8ing@hotmail.com

Michael D'Amico, CFO: (tel) 647-500-6023 or (email) Michael@baystreetconnect.com

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.

You can also view this News Release on our website at:
http://www.romios.com/s/NewsReleases.asp?ReportID=543893
 


 
 
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Romios Gold Resources Inc

PRODUCTEUR
CODE : RG.V
ISIN : CA7759041055
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Romios Gold Res. est une société de production minière d'or basée au Canada.

Romios Gold Res. détient divers projets d'exploration au Canada.

Son principal projet en production est SCOSSA GOLD en USA et ses principaux projets en exploration sont LA CORNE, SEAGOLD, LUNDMARK-AKOW LAKE, CRY LAKE (NIZI CREEK), JW PROPERTY, TIMMINS HISLOP, TREK, NEWMONT LAKE et ROYCE/PORC au Canada.

Romios Gold Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,5 millions CA$ (1,8 millions US$, 1,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,02 CA$, et son plus bas niveau récent le 02 mai 2024 à 0,01 CA$.

Romios Gold Res. possède 167 270 000 actions en circulation.

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Annual Report Filed on SEDAR
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12/12/2011Closes Flow-Through Financing
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27/01/2014Expands its Land Position in Northwestern B.C.
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24/01/2013to Exhibit at the Mineral Exploration Roundup
25/10/2012(Newmont Lake)Intersects 3.99 g/t Au, 0.17% Cu & 2.36 g/t Ag Over 11.35 Me...
27/08/2012Expands Tenure Position And Provides Exploration Update On I...
09/08/2012Provides an Update on its Exploration Program in the Golden ...
10/07/2012Commences Drilling And Exploration In The Golden Triangle, N...
29/05/2012Announces $1.4 Million Exploration Program for 2012 in the G...
18/04/2012(Trek): Activities Update on the Trek and Newmont Lake Projects, N...
03/04/2012is Pleased by AltaGas and Tahltan First Nations Agreement to...
05/03/2012(Trek)Presents Status Update on Trek Property Copper-Gold-Silver P...
11/01/2012(Timmins Hislop)Options Timmins Hislop Property to Mexivada
12/07/2011(Trek).: Ground Geophysical Survey Indicates Continuity of the Dee...
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05/05/2011(Trek)Announces Aggressive $6.0+ Million Exploration Program for 2...
05/05/2011(Newmont Lake)Announces Aggressive $6.0+ Million Exploration Program for 2...
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05/05/2011(Newmont Lake)Announces Aggressive $6.0+ Million Exploration Program for 2...
18/12/2007(Newmont Lake) Intersects 7.82 GPT Gold over 19.69 Metres...
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13/07/2016Romios Announces the Appointment of Aranea Partners, Inc. as...
10/06/2016Romios Announces Financial Support for its Akow Lake Project...
10/06/2016Romios Announces Non-Brokered Offering and First Closing
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20/04/2016Romios Announces Grant of Stock Options
05/01/2016Romios Gold Announces Appointment of Chief Financial Officer
10/09/2015Romios Announces Additional Prospecting and Sampling on Its ...
12/02/2015Romios Announces Results of a Geotech Ltd. VTEM(R) plus Airb...
04/11/2014Romios Unaware of Any Material Change
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22/07/2014Romios Commences Summer Exploration Program on Its Newmont L...
26/06/2014Romios Announces 2014 Summer Exploration Program on Its Newm...
06/05/2014Romios Announces Grant of Stock Options
16/04/2014Romios' ZTEM Survey Results on the Newmont Lake Property Ide...
07/02/2014Doubles Its Holdings In Sheslay Valley, B.C.
07/10/2013Reports an Average 0.47% Copper, 0.27 g/t Gold and 3.77 g/t ...
18/09/2013(Newmont Lake)Announces Completion Of A 359 Line Km Helicopter-Borne ZTEM ...
18/09/2013(Newmont Lake)Announces Completion of A 359 Line Km Helicopter-Borne ZTEM ...
04/09/2013Announces Initial Exploration Results For 2013, Including Di...
15/07/2013s Activity on the Timmins-Hislop Property
30/05/2013Acquires Additional 2900 Hectares in Its Golden Triangle Pro...
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26/04/2013Re-Adopts Shareholder Rights Plan and Updates By-Laws
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30/10/20122012 China Mining Conference and Exhibition and Canada Miner...
25/10/2012(Newmont Lake)Intersects 3.99 g/t Au, 0.17% Cu & 2.36 g/t Ag over 11.35 Me...
10/10/2012(Newmont Lake)Encounters Widespread Gold, Copper, and Silver Mineralizatio...
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04/09/2012Lawrence Roulston Features Romios Gold
20/07/2012Featured on CEO Clips Airing on BNN
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20/04/2011.: Unaware of Any Material Change
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08/05/2007FUGRO AIRBORNE GEOPHYSICAL SURVEYS AT THEIR GALORE CREEK PRO...
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