|Lundmark-Akow Lake (approx. 2,751 hectares) |
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- Located in the centre of the North Caribou Lake greenstone belt in northwestern Ontario.
- Underlain by banded iron formations analogous to those hosting the Musselwhite gold deposits owned by Goldcorp Canada Limited with a NI 43-101 proven and probable reserves of 9.74 million tonnes grading 6.32 g/t and producing nearly a quarter of a million ounces of gold annually.
- Exploration by Romios has identified evidence of widespread gold mineralization.
- A zone of extensive copper mineralization believed to reflect a more massive sulphide occurrence at depth.
- Will resume exploration and drilling as soon as an agreement is concluded with the North Caribou First Nations Community.
November 7, 2016
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March 31, 1999
November 24, 1997
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Timmins Hislop (approx. 65 hectares)
- Located in Hislop Township, on the southwestern edge of the prolific Destor-Porcupine Fault surrounded by a number of significant gold occurrences and deposits.
- In 1988, a diamond drilling program carried out by Chevron Minerals encountered gold mineralization in 6 of the 15 holes that were drilled.
- Located adjacent to 3 properties with total resources of 2,929,000 tonnes containing 550,000 ounces of gold.
- New gold mines currently under development in the area.
- Further exploration planned.