- Press Releases
TORONTO, ONTARIO--(May 8, 2007) - The management of Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) is pleased to announce that Fugro Airborne Surveys Corp has been commissioned to carry out extensive airborne magnetic, electromagnetic and resistivity surveys on each of Romios' nine properties in the Galore Creek area in northwestern British Columbia, located in the vicinity of the large copper-gold-silver porphyry deposits currently being developed by NovaGold Resources. The surveys, which are expected to commence during the latter part of May, will be carried out with a helicopter adapted to operate efficiently in rugged, mountainous terrain. Ground follow-up programs will commence immediately after the results of the surveys are received from Fugro and analyzed by Romios' exploration staff.
Data from these airborne geophysical surveys are expected to generate detailed information that will define high priority exploration areas, provide targets for ground geophysical surveys and assist in the design of Romios' ground exploration program scheduled to begin in late June.
Romios' Galore Creek Project hosts numerous intrusive-related copper-gold-silver occurrences which geologically and structurally, have many similarities to the area hosting NovaGold's large Galore Creek copper-gold-silver deposit as well as Barrick Gold's Eskay Creek VMS deposit 30 kilometres to the southeast.
The qualified person responsible for the technical information included in this press release is Thomas Skimming, P.Eng, VP of Exploration and a Director of the Company.
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 N0. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: D4R).
For further information about Romios or this press release, please visit our website at 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. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Romios Gold Resources Inc.
President and Director
(416) 218-9772 (FAX)
Romios Gold Resources Inc.
Vice President of Exploration and Director
(416) 444-0586 (FAX)
You can view the Next News Releases item: May 15, 2007, Romios to Initiate a Diamond Drilling Program on its JW Property in the Galore Creek Area
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