- Press Releases
TORONTO, ONTARIO - Jan. 10, 2006 - Romios Gold Resources Inc. ("Romios" or "the Corporation")(TSX VENTURE:RG) wishes to announce that Management of Romios has received preliminary results of exploration work carried out in the area of the "NW Zone", an advanced stage gold, copper, silver prospect which forms part of the Company's Newmont Lake Gold Copper Project located near Galore Creek in north western British Columbia.
The NW Zone was originally discovered by Gulf International Minerals in 1986 and was the focus of extensive drill testing between 1986 and 1990 (148 drill holes totaling 16,633 meters). According to Gulf the NW Zone consists of skarn style, gold copper mineralization up to 100 meters in width which has been identified over a strike length of 300 meters. It is interesting to note that in a recent technical report prepared for RGRI J. Nicholson, P.Geo., commented that Gulf only reported mineralized intervals above an arbitrary cut-off grade of 3 g/t gold and may have understated the overall extent of mineralization at the NW Zone. At the time Gulf was exploring the NW Zone the claims covering potential extensions of the zone were held by various unrelated junior companies and only limited exploration was carried out.
During early 2005 RGRI acquired 100% of the outstanding shares of a private BC corporation that has the right to earn up to a 75% interest in the Gulf Property and the NW Zone and also acquired an option to earn up to a 75% interest in the claims which cover potential extensions of the NW Zone (referred to as the Roca Option). RGRI presently controls a land package comprising 442 claim units which cover a total of 22 known, intrusion related copper gold prospects.
During the 2005 exploration season RGRI carried out a systematic assay verification program to confirm the drilling results reported by Gulf for the NW Zone; completed a detailed 3D IP survey over the NW Zone to determine if the zone has a distinctive signature; sampled several areas in the vicinity of the NW Zone that host similar mineralization and/or alteration features and completed reconnaissance 3D IP surveys over two of these prospective areas.
A preliminary review of the assay results from the verification program suggests that the Gulf database is valid and results of a statistical analysis of the comparative data will be released as soon as a report is available.
Results of the 3D IP survey completed over the NW Zone indicate that 3D IP surveys are a highly effective tool for delineating the extent of this type of mineralization.
Preliminary results of the reconnaissance 3D IP surveys completed within the Roca Option have clearly delineated a potential zone of NW Zone style mineralization approximately 500 meters northeast of the NW Zone (located approximately 100 meters northwest of the area referred to as the Jazzman Showing). The new target has the same orientation as the NW Zone and has been defined over a strike length of 200 meters. The anomaly is open to the northeast and may represent a faulted extension of the NW Zone. This target will be one of the priority target areas for drill testing in 2006.
Based on results of the exploration work completed at the NW zone, Management has authorized preparation of an updated technical report including recommendations for follow-up exploration. A detailed report on the 3D IP survey results and a report on the assay verification program regarding the historic drill results for the NW Zone will be posted on the Company's website as soon as they become available.
For the purposes of the disclosure in this press release, Carl von Einsiedel, PGeo., a director of the Company, is the Qualified Person ("QP") in accordance with NI 43-101.
To find out more about Romios Gold Resources Inc. (TSXV: RG) visit our website at http://www.romios.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Romios Gold Resources Inc.
President and Director
Romios Gold Resources Inc.
Carl von Einsiedel, P.Geo
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