Romios' ZTEM Survey Results on the Newmont Lake Property Identifies Additional Copper-Gold-Silver Porphyry Targets
17 April 2014 - 12:08AM
Marketwired
Romios' ZTEM Survey Results on the Newmont Lake Property Identifies
Additional Copper-Gold-Silver Porphyry Targets
TORONTO, ONTARIO--(Marketwired - Apr 16, 2014) - Romios Gold
Resources Inc. ("Romios") (TSX-VENTURE:RG) (PINKSHEETS:RMIOF)
(FRANKFURT:D4R) is pleased to announce that it has received from
Geotech Ltd. of Aurora, Ontario, a summary interpretation report on
the results of a helicopter-borne Z-Axis Tipper Electromagnetic
(ZTEM) and Aeromagnetic Geophysical Survey that was carried out on
Romios' Newmont Lake Project in the Liard Mining Division in
northwestern British Columbia.
Tom Drivas, President and CEO, comments: "We are extremely
pleased that the results of the geophysical surveys carried out by
Geotech Ltd. readily identified the known copper-gold-silver
occurrences on which Romios has been conducting exploration
programs during the last several years. We are even more excited
that the surveys identified new geophysical anomalies that could
have significant exploration potential. Since the scope of the
present study did not allow a full evaluation of the survey
results, we are considering a more detailed interpretation of the
geophysical data generated by the airborne survey which may include
3D ZTEM and 3D Magnetic inversions and ground follow up.
More than seventeen discrete magnetic anomalies have been
outlined in the Geotech survey of which nine currently appear to be
unexplained geologically and could represent significant
exploration targets.
Based on a geophysical target model for alkaline porphyry
mineral deposits and related skarn-type occurrences, at least
fourteen favourable resistivity and magnetic high priority
exploration targets have been identified.
A total of 372 line kilometres of survey along lines oriented
east-west and spaced 300 metres apart were flown over an area that
encompassed the Northwest Zone, Telena Zone, Ken Zone, '72 Zone and
the recently discovered Burgundy Ridge Zone, an area of significant
widespread copper-gold-silver mineralization exposed over a 350
metre-long by 225 metre-wide area (see News Release dated October
7, 2013). In addition to determining the airborne geophysical
signatures of the known zones of copper-gold-silver mineralization
within the survey area, the objective of the ZTEM and aeromagnetic
surveys was to define other possible hidden alkalic porphyry copper
and related skarn-type occurrences at depth.
The survey area is located 50 kilometres southeast of Galore
Creek Mining Corporation's (NovaGold-Teck JV) Galore Creek alkali
porphyry copper-gold deposit, is also adjacent to the Copper Canyon
skarn copper-gold deposit and is 30 kilometres northwest of the
Barrick Gold Eskay Creek volcanogenic massive sulphide (VMS)
deposit in the Stikine VMS and porphyry trend. Romios' property is
underlain by favourable Stikine Terrane rocks and hosts numerous
porphyry and skarn-type copper-gold-silver occurrences, as well as
a VMS occurrence.
This press release was reviewed and approved by Thomas Skimming,
P.Eng, Vice-President of Exploration and a Director of Romios 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 actively engaged in
precious and base metal exploration in 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 currently exploring its Golden Triangle 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.
This News Release contains forward-looking statements which
are typically preceded by, followed by or including the words
"believes", "expects", "anticipates", "estimates", "intends",
"plans" or similar expressions. Forward-looking statements are not
guarantees of future performance as they involve risks,
uncertainties and assumptions. We do not intend and do not assume
any obligation to update these forward- looking statements and
shareholders are cautioned not to put undue reliance on such
statements.
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.
Romios Gold Resources Inc.Tom DrivasPresident and
Director416-221-4124416-218-9772romios@romios.comRomios Gold
Resources Inc.Thomas Skimming, P.Eng.Vice-President, Exploration
and Director(416)-444-0900tmsk8ing@hotmail.comRomios Gold Resources
Inc.Frank van de WaterChief Operating Officer and Director(416)
221-4124fvandewater@on.aibn.com
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