Romios Announces Appointment of Chief Operating Officer
TORONTO, ONTARIO -- (Marketwired) -- 04/09/13 -- Romios Gold Resources Inc. (TSX VENTURE: RG)(PINKSHEETS: RMIOF)(FRANKFURT: D4R) ("Romios" or the "Company") is pleased to announce that Frank van de Water, a director and Chairman of the Audit Committee, has been appointed as Chief Operating Officer of the Company, subject to acceptance by the TSX Venture Exchange. Mr. van de Water has been granted 250,000 officer's stock options exercisable at $0.10 per share for 5 years under the Company's Stock Option Plan.
Frank holds a B.Comm from Concordia University, Montreal and is a Canadian CPA, CA. He has been involved in international mining, metals and resource companies in North and Latin America, Europe, Asia and Africa. He spent two years as the Finance Director of one of the largest metal dealers on the London Metal Exchange and has some 40 years' experience in the mining industry. Frank has been a director of Romios since July, 2007.
Corporate Update
The 2012 summer drill program at the Ken Zone of the Newmont Lake Project, B.C. encountered significant Scandium mineralization in addition to the targeted gold and copper. The news release on November 13, 2012 referred to the drill results, including an intersection of 198 metres averaging 0.23 g/t Au and 32.67 g/t Scandium. Scandium is very scarce, and is used as an alloying agent in aerospace, solar cells, fuel cells and high intensity lamps. In a processed format, scandium oxide is extremely valuable. The Company is following up this new aspect of mineralization with metallurgical testing to assess the significance of the scandium discovery.
Other recent activity has been in the Timmins, Ontario gold camp where drill results from 2012 are currently being analysed.
We are currently in the process of planning our 2013 exploration activities as well as investigating a number of other options and will be announcing any significant developments in due course.
The technical information contained in this press release has been reviewed and approved by Mr. Thomas Skimming, P. Eng, Vice-President, Exploration and Director, and a Qualified Person as defined by National Instrument 43-101.
About Romios Gold Resources Inc.
Romios is an active Canadian exploration company established in 1995, with a primary focus on gold, silver and copper. Extensive exploration work has been done on its Galore Creek area properties in British Columbia, which are centrally located between Teck and NovaGold's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek. Road access and power lines are being advanced to this exploration area in North Western B.C.
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, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Romios Gold Resources Inc.
Tom Drivas
President, CEO and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com
Romios Gold Resources Inc.
Thomas Skimming, P.Eng
Vice-President, Exploration and Director
416-444-0900
tmsk8ing@hotmail.com
www.romios.com