- Press Releases
Romios Gold Resources Inc. ("Romios" or the "Corporation") (TSX-V: RG) is pleased to report the results of recently completed airborne geophysical surveys carried out at its Royce - Porc and Trek properties located in the Galore Creek area. A DIGHEM airborne geophysical survey was flown by Equity Engineering Ltd and coverage consisted of approximately 830 line -km, including 81 line -km of control lines. The purpose of the survey was to detect zones of conductive sulphide minerization, to outline any porphyry - like intrusives, and to provide information that could be used to map the geology and structure of the survey areas. The survey data were processed and compiled by Fugro Airborne Surveys, Toronto office and interpreted by consulting geophysicist Jan Klein. P. Eng, P. Geo on behalf of Romios.
The airborne survey identified an area of resistivity low (< 1000 ohm) measuring 500 m x 1300 m. The area is interpreted as an alteration pipe, which is associated with previously identified mineralization located nearby. The Jeffe Zone, with samples grading 13.1 g/t gold over one metre of trenching, lies on the eastern margin of the anomaly. A grab float sample from the Royce Zone, which is located within the anomalous area, graded 769 g/t gold.
The Trek property is located within Nova Gold's Galore Creek claim boundary and lies approximately 12 kms south of the Galore Creek deposit. An anomaly consisting of a circular cluster of conductors about 250 metres in diameter was identified. The anomaly is viewed as an extension of the North Zone, which has a reported weighted average grade of 2.45% copper and 0.23 g/t gold from channel samples over an area of 18 x 20 m of breccia, with copper values greater than 0.5 % copper over a larger area in altered wall rocks. The conductors contained both magnetic and non-magnetic components.
A linear zone of discontinuous magnetic/non- magnetic conductors was identified along Trek creek. The zone extends over 4 kms and exhibits low resitivity, low magnetics and numerous magnetic/ non magnetic conductors. The Gully Zone, located 300 metres west and parallel to the anomaly is mineralized. Previous drilling on the Gully Zone intersected 10.4 metres grading 1.5 % copper and 1.5 g/t gold.
Tom Drivas, President stated, "These new and additional geophysical targets on our Galore Creek area properties further confirm the exploration potential of our land package. A $5 million exploration and drilling program is scheduled for our Galore Creek properties, commencing this month.
The technical information contained in this press release has been reviewed and approved by Mr. Thomas Skimming, P. Eng., Geologist, V.P. of Exploration, 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., 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 and Nevada. The Corporation plans to undertake extensive exploration work on its Galore Creek properties in British Columbia, which are centrally located between NovaGold's large gold-copper-silver deposit and Barrick's high grade gold mine at Eskay Creek.
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.
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. Contact: Tom Drivas, President Email Address: email@example.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. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
You can view the Next News Releases item: June 23, 2008, Petrographic and Age Determinations for Intrusives at Romios Gold's Newmont Lake Property Suggest Intrusives are Close in Age to Galore Creek Deposit
You can view the Previous News Releases item: June 12, 2008, Romios Gold Names Brian E. Robertson to its Board of Directors
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