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Romios Gold Resources Inc

Publié le 09 août 2012

Provides an Update on its Exploration Program in the Golden Triangle, Northwestern British Columbia

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News Release Thursday, August 09, 2012

Romios Provides an Update on its Exploration Program in the Golden Triangle, Northwestern British Columbia

TORONTO, ONTARIO (August 9, 2012) -- Romios Gold Resources Inc. (TSX.V -RG) ("Romios" or the "Company") is pleased to provide an update on the exploration being carried out on its Newmont Lake and Trek properties announced on July 10, 2012. Romios' mineral tenures are located between Pretium Resources' Brucejack deposit, Barrick Gold's Eskay Creek mine, and the Galore Creek Mining Corporation's (GCMC, a NovaGold/Teck Resources' joint venture) Galore Creek project.

To date, Romios has completed 10 diamond drill holes totalling 1,815 metres on its Ken, Northwest-Jazzman, and '72 Zone exploration targets located within its Newmont Lake project. Additionally, Romios conducted 24 CSAMT (controlled-source audiomagnetotelluric) single-point geophysical readings, 477 metres of down-hole resistivity surveys, and 350 metres of surface-to-borehole resistivity surveys. The 10 drilled holes are KZ12-08, KZ12-09, JZ12-14, and DRK12-04 through DRK12-10.

Romios' exploration program has focused on the following principle areas and a brief update of preliminary results is set out below:

  • Drill holes KZ12-08 and KZ12-09 at the Ken Zone confirmed the existence of volcanogenic massive sulphide ("VMS") related mineralization near surface and indicates that the Ken Zone remains open to the west, south, and at depth. Continued drilling at the Ken Zone (planned drill holes KZ12-10 and 11) will target expansion of the sulphide mineralization, as well as test for additional VMS and VMS-related mineralization along a 1.3 kilometre-long trend of anomalous magnetic highs.
  • Drilling, CSAMT, and surface-to-borehole resistivity surveys at the Northwest-Jazzman massive sulphide zones have indicated an area of high conductivity at 350 metres depth, immediately to the north of the Northwest Zone. Drill hole JZ12-14, drilled near this area, encountered numerous sulphide-bearing horizons throughout its entire length from 0 to 715 metres down-hole (locally ranging up to 25% pyrite by volume over 1.0 metre).
  • Holes DRK12-04 through DRK12-10 were drilled to test for a possible expansion of the high grade gold and copper intercepts discovered at the '72 Zone in 2011. Bornite and chalcopyrite mineralization was encountered in every hole except DRK12-09 which was stopped due to broken ground before reaching its target depth. CSAMT surveys identified a conductive horizon, coincident with a known occurrence of sulphide mineralization, which is both open and dipping to the southwest. DRK12-10 additionally intersected a sulphide-mineralized porphyry intrusion at 112 metres down-hole, within the vicinity of the deeper conductive horizon indicated from the CSAMT surveys, which is likely related to the overlying bornite and chalcopyrite mineralization at surface and suggests the presence of a larger mineralized porphyry system.
  • The results of additional borehole resistivity and CSAMT surveys conducted at the Telena Zone, and CSAMT surveys from the North Zone on the Trek property, are presently under review.
As a matter of procedure, all drill core is cut at the camp 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 by Mr. Scott Close, P.Geo., Exploration Manager 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) 604 424-4456 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=541272
 


 
 
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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$ (2,0 millions US$, 1,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,02 CA$, et son plus bas niveau récent le 15 avril 2024 à 0,02 CA$.

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

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Annual Report Filed on SEDAR
Financements de Romios Gold Resources Inc
12/12/2011Closes Flow-Through Financing
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27/01/2014Expands its Land Position in Northwestern B.C.
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15/07/2013s Activity on the Timmins - Hislop Property
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...
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11/01/2012(Timmins Hislop)Options Timmins Hislop Property to Mexivada
12/07/2011(Trek).: Ground Geophysical Survey Indicates Continuity of the Dee...
02/06/2011(Trek)Announces the Commencement of Its Aggressive $6.0+ Million D...
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...
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...
18/12/2007(Newmont Lake) Intersects 7.82 GPT Gold over 19.69 Metres...
16/05/2007Announces Filing of National Instrument 43-101 Report
15/05/2007To Initiate a Diamond Drilling Program on its Property in th...
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28/07/2016Romios Closes Non-Brokered Offering
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
19/05/2016Romios Announces Financial Support For Its Akow Lake Project...
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...
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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
13/11/2012Encounters Gold, Copper, Silver and Significant Scandium Min...
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
02/03/2011Northwest Power Line Environmental Assessment Certificate Ap...
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08/05/2007FUGRO AIRBORNE GEOPHYSICAL SURVEYS AT THEIR GALORE CREEK PRO...
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