- Press Releases
|Romios Gold Resources Inc. (TSX-V:RG) ("Romios" or the "Company") is pleased to announce the results of a combined airborne magnetic, electromagnetic and resistivity survey over the Company's JW Property in the Galore Creek area in northwestern British Columbia. A total of 134 line kilometres of survey was flown along lines oriented east-west. Tie lines, spaced 1000 metres apart, were oriented north-south. Emphasis was put on collecting quality data so that resistivity maps could be generated from them to assist in the search for porphyry-style copper-gold mineralization and vein-style gold mineralization. The survey was carried out by Fugro Airborne Surveys Corp. (Fugro) using a helicopter adapted to operate efficiently in rugged, mountainous terrain.|
Three well defined resistivity lows, which may be reflecting altered porphyry intrusives were identified from the survey data. One of these anomalous resistivity lows, which covers an area of 400 by 700 metres, coincides with a set of prominent conductors and is upslope from the large gold copper geochemical anomaly and may be the source of the anomalous gold and copper values in the soils. The other two resistivity lows which also coincide with sets of parallel conductors and interpreted to be possibly caused by intensely altered intrusives, were recorded in areas where little or no exploration work has been carried out in the past and therefore represent priority targets for exploration during the forthcoming summer.
Several weak to moderate electromagnetic anomalies and individual conductor intercepts were identified by the survey and may be reflecting high-grade, quartz-sulphide veins similar to that which Romios intersected in hole JW07-06 drilled in the summer of 2007. The magnetic data exhibits patterns that are suggestive of bedrock deformation and structural features that are favourable for high-grade gold veins on the JW Property. The airborne data generated by Fugro was analyzed and interpreted by consulting geophysicist Jan Klein, P.Eng, P.Geo on behalf of Romios.
President Tom Drivas comments: "We are very pleased with the results of the airborne geophysical survey and we believe that a combined airborne geophysical survey represents an effective exploration tool to identify areas of potential importance and to assist in designing further exploration programs on the property."
The JW Property covers two distinct types of potentially economic, gold-bearing mineralization: the North Fork copper-gold porphyry prospect and a number of high grade quartz-sulphide veins. The North Fork prospect is characterized by large coincident gold and copper soil geochemical anomalies which encompass an area of 500 by 1400 metres and are open to the north and south. Drilling by Bellex Mining Corp in 1990 at the south end of this geochemical anomaly intersected significant porphyry-style gold and copper mineralization in several holes (see Press Release dated May 15, 2007). A hole (JW07-06) drilled by Romios during the summer of 2007 to test one of the high-grade quartz-sulphide veins, intersected a 2.4 metre (7.87 feet) interval that contained a weighted average of 31.87 g/t (0.93 o/t) gold (see Press Release dated September 20, 2007).
The technical information contained in this press release has been reviewed and approved by Mr. Garth Kirkham, P.Geo., director of Romios Gold Resources and a qualified person as defined by National Instrument 43-101.
About Romios Gold Resources Inc.
Romios Gold Resources Inc. is a Canadian exploration company which focuses on the acquisition and exploration of precious and base metal prospects in the vicinity of major mining camps throughout North America. Currently, Romios is involved in several major exploration projects in British Columbia, Ontario and Nevada. Romios has been a public company since 1995 and in addition to trading on the Toronto Venture Exchange, it trades on the Over-The-Counter market in the United States (Exemption No. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: D4R).
For further information, please contact:
Tom Drivas, President and Director:
(tel) 416-221-4124, (fax) 416-218-9772 or (email) email@example.com
Thomas Skimming, Vice President of Exploration and Director:
(tel) 416-444-0900, (fax) 416-444-0586 or (email) firstname.lastname@example.org
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
You can view the Next News Releases item: May 29, 2008, Romios Gold's Geophysical Surveys Outline Anomalies Adjoining the North West Zone at Galore Creek in North Western British Columbia
You can view the Previous News Releases item: February 19, 2008, Romios Planning Aggressive $5 Million Exploration Program in Northwestern British Columbia in 2008
You can return to the main News Releases page, or press the Back button on your browser.