- Press Releases
Outcrop Chip Samples Assay up to 8.55 g/t Gold, 44.0 g/t Silver and 8.07 % Copper
Romios Gold Resources Inc. (TSX-V: RG) is pleased to report that a follow-up program of prospecting and sampling at the Northeast Zone and the newly discovered Upper Northeast Zone on its Trek Property in northwestern British Columbia has resulted in the discovery of an area of mineralized outcrop wherein, individual samples assayed up to 8.55 g/t gold, 44.0 g/t silver and 8.07 % copper over 1.0 metres. The average grade of 4 samples from the Upper Northeast Zone is 5.15 g/t gold, 5.08 g/t silver and 4.18% copper. Nine samples taken from the Northeast Zone averaged 1.99 g/t gold, 19.38 g/t silver and 4.55% copper over an area 100 metres (328 feet) by 50 metres (164 feet) in size. The samples include both grab and chip samples.
The program was carried out to assess the significance of the results from an airborne geophysical survey carried out over the Trek Property by Fugro Airborne Surveys during the 2007 summer field season. The survey identified a large, positive magnetic anomaly with vertical gradient and magnetic tilt images that suggests sulphide veins have been emplaced along the Trek fault which prominently bisects the anomaly. A map showing the location of the areas of gold-copper-silver mineralization and the associated magnetic high is shown on Romios Gold's website, www.romios.com - see Trek property- Map Gallery.
Outcrop exposure at the Northeast Zone is limited to a 350 metre (1,148 feet) long north trending gully. The best mineralization is exposed within an area that measures 100 metres (328 feet) by 50 metres (164 feet) in size. Mineralization is observed as clotty to disseminated malachite, chalcopyrite, and pyrite seen at the contact of felsic dykes and wallrock mafic volcanics.
Prospecting and sampling of the Northeast Zone led to the discovery of the Upper Northeast Zone. The Upper Northeast Zone is located approximately 140 metres ( 459 feet ) to the northeast of the Northeast Zone and measures approximately 100 metres by 50 metres aligned in an east-west direction and sits along the strike of the Trek fault. The Trek fault bisects the Trek Property and is traceable over a distance of over 6 kilometres (3.7 miles) from southwest to northeast. The fault is inferred to be a major structural control for hydrothermal fluids on the property. Mineralization at the Upper Northeast Zone is seen as clotty to vein controlled chalcopyrite, malachite and chrysocolla, commonly with magnetite in veins that strike east-west with northerly dips.
Sampling Results Upper Northeast and Northeast Zones
Assay results for outcrop grab and chip samples are listed below.
|ASSAY#||Au (g/t)||Ag (g/t)||Cu (%)||ZONE||SAMPLE TYPE|
|686832||2.73||8.5||3.43||Upper Northeast||Outcrop-1m chip|
|686833||6.43||5.9||5.39||Upper Northeast||Outcrop-2m chip|
Tom Drivas, President Romios Gold commented, "The high assay values, strong geophysical signature, and its location along the major northeast trending structures in the area, plus proximity to the wide mineralized zone identified in our previous diamond drill program, clearly highlights the importance of these most recent results. The Northeast and Upper Northeast Zones are located approximately 350 metres (1,148 feet) and 490 metres (1,607 feet), respectively, northeast of the discovery hole TRK-08-01. This hole intersected significant gold, silver and copper values over wide intervals. TRK 08-01 cut a higher grade breccia zone from 147.5 metres to 179.5 metres downhole (32.0 metres or 105 ft.) that assayed 2.06 % copper, 1.05 g/t gold and 26.01 g/t silver. The breccia zone was contained within a mineralized interval from 65.2 metres to 196.6 metres, (131.4 metres or 431 ft. in the hole), that had a weighted average grade of 0.61 % copper, 0.39 g/t gold and 8.48 g/t silver. The Northeast Zone is also located 520 metres (1,076 feet) northeast of the high grade breccia zone identified exposed in the cliff face. We are very pleased with these most recent sample results and look forward to further work to define this potentially very large mineralized zone."
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 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 and Nevada. The Corporation is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Nova Gold'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.
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Tel: 416-221-4124, Fax: 416 218-9772
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, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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