TORONTO, ONTARIO, November 12, 2015, Romios Gold Resources Inc. (TSX.V-RG) ("Romios" or the "Company") is pleased to announce the results of the additional prospecting and rock-chip sampling that was carried out recently on its Burgundy Ridge discovery located in the southern portion of the Newmont Lake Project Area within its large (75,996 hectares/187,786 acres) Golden Triangle Property in northwestern British Columbia. Burgundy Ridge is located approximately 20 km from a completed road and an operating run-of- river hydroelectric facility connected to the Northwest Transmission Line in BC.
The most recent prospecting and sampling carried out at Burgundy Ridge identified several new areas of copper-gold-silver mineralization exposed by a continually receding snowfield. Prospecting and systematic continuous rock-chip sampling in this new exposure delineated a 6.0 metre wide zone still covered by snow along strike that assays a weighted average of 2.38% copper, 2.20 g/t gold, 44.80 g/t silver, and 6.73% zinc, the details of which are outlined in the following table:
| SAMPLE ID | SAMPLE TYPE | LENGTH (M) | Cu % | Au ( g/t) | Ag ( g/t) | Zn % |
|---|---|---|---|---|---|---|
| 1430507 | ROCK-CHIP | 2.0 | 2.46 | 2.99 | 54.80 | 7.27 |
| 1430508 | ROCK-CHIP | 2.0 | 2.93 | 2.30 | 54.30 | 9.42 |
| 1430509 | ROCK-CHIP | 2.0 | 1.76 | 1.32 | 25.30 | 3.51 |
| WEIGHTED AVERAGE | 6.0 METRES | 2.38 | 2.20 | 44.80 | 6.73 | |
Other results from the 2015 sampling program include a 4.0 metre long continuous rock-chip sample that assayed 0.47% copper, 0.41 g/t gold, 8.31 g/t silver and 0.44 % zinc. In addition, a 2.0 metre rock-chip sample assayed 0.51% copper, 0.56 g/t gold, 8.67 g/t silver and 0.50% zinc; and a further 2.0 metre rock-chip sample assayed 0.51% copper, 0.55 g/t gold, 9.50 g/t silver and 0.64 % zinc and a 1.0 metre rock- chip sample assayed 1.59% copper, 1.29 g/t gold, 32.9 g/t Ag and 1.51% zinc. Two representative grab samples were collected. The first assayed 1.01% copper, 0.16 g/t gold, 2.96 g/t Ag, and 2.07% zinc and the second, 0.26 % copper, 0.10 g/t gold, 1.03 g/t silver, and 0.33% zinc. Sample identification and the details of the analyses are outlined in the following table:
| SAMPLE ID | SAMPLE TYPE | LENGTH (M) | Cu % | Au ( g/t) | Ag ( g/t) | Zn % |
|---|---|---|---|---|---|---|
| 1430574 | GRAB | - | 0.26 | 0.10 | 1.03 | 0.33 |
| 1430575 | ROCK-CHIP | 4.0 | 0.47 | 0.41 | 8.31 | 0.44 |
| 1430576 | ROCK-CHIP | 2.0 | 0.51 | 0.56 | 8.67 | 0.50 |
| 1430504 | GRAB | - | 1.01 | 0.16 | 2.96 | 2.07 |
| 1430505 | ROCK-CHIP | 2.0 | 0.51 | 0.55 | 9.50 | 0.64 |
| 1430506 | ROCK-CHIP | 1.0 | 1.59 | 1.29 | 32.90 | 1.51 |
A map identifying the location of the samples collected during the summer of 2015 relative to earlier sampling at Burgundy Ridge is shown below and is on the Company's website at http://www.romios.com/s/BurgundyPhotos.asp.
The high-grade mineralization at Burgundy Ridge occurs within breccias and intrusive dykes that are structurally located along the margin of a large dolomitic limestone body which has been intruded by a variety of porphyries. The contact hosts semi-massive pods of copper-gold-silver-zinc mineralization that exhibit an affinity for an epidote-garnet skarn zone. The high-grade core of the system is centered in a lower-grade envelope of disseminated copper-gold mineralization hosted in-part by dolomitic limestones, mega-crystalline syenite porphyry, syenite porphyry and diorite porphyry.
The additional prospecting and sampling carried out at Burgundy Ridge corroborates the high grade nature of the copper-gold-silver mineralization encountered in previous work on the property and adds credence to management's belief that the mineralization extends beneath the snowfields encircling the approximate 400 metres of mineralized surface exposure. In addition, the sampling enlarged the area underlain by high grade mineralization outlined by the sampling carried out during the summers of 2013 and 2014 at Burgundy Ridge.
Tom Drivas, President and CEO of Romios comments: "The recent sampling carried out during the summer of 2015 provides confirmation of the high grade nature of the mineralization encountered in earlier exploration programs at Burgundy Ridge and reinforces management's belief that the discovery is one that exhibits considerable potential and is interpreted to be one of the principal epicentres for porphyry mineralization within the Newmont Lake Project area. The receding snowpack continues to expose mineralization at Burgundy Ridge whose grade is comparable to those of a number of large porphyry deposits surrounding Romios' Newmont Lake Project ie: Seabridge's KSM property and the Galore Creek, Schaft Creek, and Red Chris deposits".
All samples were submitted to ALS Laboratories in Vancouver, B.C. for assay. As a matter of procedure, a rigorous on-site quality assurance and quality control program was implemented to ensure reliable assay results. The technical information contained in this press release has been reviewed and approved by Mr. Scott Close, P.Geo., 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 engaged in precious and base metal exploration primarily focused on gold, silver and copper in its properties in British Columbia centrally located between Galore Creek Mining Corporation's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek. Romios has other property interests in Ontario, Quebec, and Nevada.
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:
Tom Drivas, President and Director, (tel) 416-221-4124, (fax) 416-218-9772 or (email) romios@romios.com
Frank van de Water, Chief Operating Officer and Director, (tel) (416) 221-4124 or (email) fvandewater@rogers.com
Thomas Skimming, P.Eng., Vice-President, Exploration and Director, (tel) (416)-444-0900 or (email) tmsk8ing@hotmail.com
