TORONTO, ONTARIO (August 9, 2012) -- Romios Gold Resources Inc. (TSX.V -RG) ("Romios" or the "Company") is pleased to provide an update on the exploration being carried out on its Newmont Lake and Trek properties announced on July 10, 2012. Romios' mineral tenures are located between Pretium Resources' Brucejack deposit, Barrick Gold's Eskay Creek mine, and the Galore Creek Mining Corporation's (GCMC, a NovaGold/Teck Resources' joint venture) Galore Creek project. To date, Romios has completed 10 diamond drill holes totalling 1,815 metres on its Ken, Northwest-Jazzman, and '72 Zone exploration targets located within its Newmont Lake project. Additionally, Romios conducted 24 CSAMT (controlled-source audiomagnetotelluric) single-point geophysical readings, 477 metres of down-hole resistivity surveys, and 350 metres of surface-to-borehole resistivity surveys. The 10 drilled holes are KZ12-08, KZ12-09, JZ12-14, and DRK12-04 through DRK12-10. Romios' exploration program has focused on the following principle areas and a brief update of preliminary results is set out below:
The technical information contained in this press release has been reviewed by Mr. Scott Close, P.Geo., Exploration Manager 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, CEO and Director: (tel) 416-221-4124, (fax) 416-218-9772 or (email) romios@romios.com Scott Close, P.Geo, Exploration Manager, (tel) 604 424-4456 or (email) scott@ethosgeo.com Thomas Skimming, P.Eng, Vice-President, Exploration and Director, (tel) 416-444-0900 or (email) tmsk8ing@hotmail.com Michael D'Amico, CFO: (tel) 647-500-6023 or (email) Michael@baystreetconnect.com 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 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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