|JW Property (approx. 613 hectares) |
Romios holds an option to earn a 100% interest. This property covers two distinct types of potentially economic, gold-bearing mineralization: the North Fork copper-gold porphyry prospect and a number of highgrade quartz-sulphide veins.
The North Fork prospect is characterized by large, coincident gold and copper soil geochemical anomalies over an area of 500 X 1400 metres which is open to the north and the south.
In 1990, five core holes that were drilled, tested a small portion of the North Fork prospect. Each hole intersected porphyry-style copper-gold mineralization which included 45 metres grading 0.24% copper and 0.4 grams/tonne gold in DDH 90JW-3 and 51 metres grading 0.24% copper and 0.5 grams/tonne in gold in DDH 90JW-1. These holes were confined to a 300 metre long section of the large soil anomaly and were drilled almost entirely away from the higher grade (>200 ppb gold and >500 ppm copper) core of the geochemical anomaly.
In addition to the North Fork porphyry prospect, at least six gold-rich quartz-sulphide veins have been discovered and sampled within a large pyritic halo surrounding the North Fork zone prospect. On one of the veins, known as the Jake Vein located near the northern boundary of the JW Property, 29 chip samples collected along 170 metres of strike length averaged 25.3 grams/tonne gold where the vein averaged 0.23 metre in width. The best sample assayed 169 grams/tonne gold across 0.4 metres. There is no historical evidence to indicate that any of these veins have ever been tested by diamond drilling. Several intensely silicified shear zones are exposed within a microdiorite near the foot of the North Fork canyon. A 3.4 metre chip sample across one of these shear zones assayed 11.3 grams/tonne gold and 0.11% copper. A 1.0 metre grab sample across another portion of the same shear zone assayed 42.8 grams/tonne gold and 0.24% copper. (see Romios News Release dated October 5, 2006).
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