- Press Releases
The management of Romios Gold Resources Inc. (the "Company" or "Romios Gold") is pleased to announce assay results from chip sampling at its 100% owned Dirk property in the Galore Creek area in northwestern British Columbia. The chip sampling and prospecting on the Dirk claims was undertaken during 2010 to follow up on the results of the rock geochemical sampling conducted in the 2009 exploration program. The three principal mineral showings at the Dirk property are the Dirk, Telena, and the newly-discovered Ridge showings.
Below are highlights of the results of the mineral showings:
Though isolated from the Dirk and Telena showings by snow and overburden, the Ridge showing exhibits similar characteristics to the Telena and Dirk, indicating the three showings are related and form an inter-connected system of copper-gold mineralization. Eight grab samples from skarns and intrusions forming a ridgeline 7.0 metres wide and 30 metres long included 3.49% Cu and 0.28 g/t Au; 2.47% Cu and 0.19 g/t Au; 1.83% Cu and 0.38 g/t Au and 1.83% Cu and 0.49 g/t Au.
One 3.0 metre long continuous set of chip samples averaged 1.23% Cu, 1.00 g/t Au and 12.88 g/t Ag; and one 4.0 metre long continuous set of chip samples averaged 0.44% Cu, 0.35 g/t Au, and 5.2 g/t Ag. Chip sample assays from the 2010 season ranged from 0.01 to 1.96% Cu, and 0.01 to 1.27 g/t Au. This chip sampling followed up on a grab sample taken in 2009 (2.07% Cu, 0.97 g/t Au, and 6.9 g/t Ag), thirty-two 1.0 metre long chip samples and two additional grab samples.
Samples assayed up to 2.6 g/t Au from outcrop, and 6.21% Cu, 0.577 g/t Au, and 44.1 g/t Ag from a 3.0 metre long chip sample. Concentrated and high-grade gold and copper mineralization at the Dirk property was discovered in 2009, during a property-wide reconnaissance program designed to investigate the original historic Dirk mineral showing dating from 1973.
During the field work in 2010, Romios geologists conducted additional sampling at the Telena showing, and discovered and sampled the Ridge showing. The program focused on connecting the mineralization between these three showings, and identified three drill sites designed to intersect and explore the exposed mineralization at depth. Romios Gold intends to drill these sites with its next drill program this summer. The presence of high-grade mineralized surface exposures, spanning 300 metres in elevation for 2.4 kilometres horizontally indicates the potential for rapid exploration growth in a developing mineral district.
The Dirk property is 6.0 km northwest of the Company's Newmont Lake property. Mineralization on the Dirk claims is comprised of veinlets and stringers of bornite, digenite, and trace chalcopyrite within carbonates, mineralized breccias and related orthoclase megacrystic syenite intrusions, similar to those at the Galore Creek and Mt. Polley deposits. .
The technical information contained in this press release has been reviewed and approved by Mr. Mel de Quadros, Ph.D., P.Eng., Director of Romios Gold Resources Inc. 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 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, 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.
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