- Press Releases
TORONTO, ONTARIO - April 5, 2006 - The management of Romios Gold Resources Inc. ("Romios") (TSX VENTURE:RG) is pleased to announce that it has received a technical report summarizing the results of an airborne magnetic survey completed over part of its Newmont Lake Property and has also received the results of chemical analyses of rock samples collected from the surveyed area. The Newmont Lake Property is one of several claim blocks currently being explored by Romios as part of its Galore Area Project, in the Galore Creek area, northwestern British Columbia.
As previously announced (Press Release dated November 14, 2005), the Newmont Lake Property which hosts advanced gold-copper-silver prospects, contains numerous mineralized occurrences that have yet to be tested by diamond drilling and a large tract of ground that has the potential to host additional precious and base metal mineralization. The objectives of the airborne magnetic survey were to provide information to facilitate geological mapping and to assist in the delineation of target areas for detailed ground surveys and diamond drilling.
The management of Romios is highly encouraged by the results of the airborne magnetic survey. The survey data confirms that the project area exhibits geophysical characteristics that are typical of alkalic porphyry copper-gold centres. Significantly, the survey delineated a pronounced, five kilometer long, northerly trending magnetic feature within which many of the known mineral prospects covered by the claim area occur. The Ken Zone, the NW Zone, the recently announced 3D induced polarization survey anomaly (Press Release dated January 10, 2006), a number of prospects localized between the Ken Zone and the NW Zone and a train of angular, mineralized boulders located two kilometers southwest of the NW Zone, all lie within this large magnetic feature.
Results of verification sampling on drill core from the NW Zone (Press Release dated March 7, 2006) and the Ken Zone (Press Release dated November 14, 2005) confirm the promising results that were reported previously from these areas and results of sampling completed at other prospects within the large magnetic feature defined by the airborne survey, produced significant results. Samples collected from the Jazzman Zone located to the northeast of the 3D induced polarization anomaly returned grades ranging from 5.0 to 9.0 grams per tonne gold and two widely spaced samples collected from the mineralized boulders located southwest of the NW Zone returned results of 62.9 and 164.0 grams per tonne gold.
A comprehensive follow-up exploration program, consisting of an airborne electromagnetic survey, a ground 3D induced polarization survey, geological mapping, prospecting and diamond drilling is planned during the forthcoming summer on the Newmont Lake Property. Management believes that the presence of numerous, untested mineral occurrences along the trend defined by the magnetic survey combined with the successful application of advances in induced polarization survey techniques has the potential to identify several new mineralized zones in 2006.
For the purposes of the disclosure in this press release, Thomas Skimming, P.Eng., the Vice President of Exploration and director of the Company, is the Qualified Person ("QP") in accordance with NI 43-101.
Romios Gold Resources Inc. is a Canadian exploration company which focuses on the acquisition and exploration of North American precious and base metal prospects in the vicinity of established mining camps or proximal to existing and/or developing mines.
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)
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