- Press Releases
|TORONTO, Ontario (September 9, 2011) - Romios Gold Resources Inc. (TSX-V: RG) ("Romios" or the "Company") is pleased to report that on September 2, 2011 Valard Construction Ltd., one of Canada's largest power line contractors, announced that the team of Valard Construction Ltd and Burns & McDonnell, two high-quality contractors capable of providing turnkey solutions for power system requirements, have finalized a contract with BC Hydro for the engineering, procurement and construction of the Northwest Transmission Line (NTL), a 344-kilometre (213-mile), 287- kilovolt transmission line between Skeena Substation and a new substation to be built near Bob Quinn Lake in northwestern British Columbia. This development follows the approval granted by the Provincial Environmental Assessment Office on February 24, 2011, for the extension of the provincial power grid into the "Golden Triangle" region of British Columbia where a number of mineral exploration and mining companies have generated advanced-stage exploration projects during the last several years. |
Tom Drivas, President of Romios, stated: "We were pleased to learn that B.C. Hydro had awarded
a contract to Valard Construction Ltd. and Burns & McDonnell, two highly qualified and capable contracting companies, for the design and construction of the Northwest Transmission Line. This power line will provide an essential source of electricity for the development of the natural resources in the "Golden Triangle" region of British Columbia and collaterally, will create numerous economic and employment opportunities. The expanded power grid will enhance the probability of the development of a number of mining properties in the area, including Romios' Trek, Dirk and Newmont Lake projects."
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 and Director: (tel) 416-221-4124, (fax) 416-218-9772 or (email) email@example.com
Mel de Quadros, Ph.D., P.Eng. Director (tel) 416-668-6145 or (email) firstname.lastname@example.org
Michael D'Amico, CFO, Investor Relations: (tel) 647-500-6023 or (email) Michael@baystreetconnect.com
Exchange Listings and Symbols: TSX-V:RG, NASDAQ OTC:RMIOF, Frankfurt:D4R.
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
Tel: 416-221-4124, Fax: 416 218-9772
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 view the Next News Releases item: September 9, 2011, Romios Drilling Intersects Significant Sulphide Mineralization at its Dirk Property
You can view the Previous News Releases item: August 16, 2011, Drilling Update: Romios Intersects Significant Sulphide Mineralization Along Deep Geophysical Targets on Trek
You can return to the main News Releases page, or press the Back button on your browser.