Romios Announces Initial Results of 2010 Drill Program at the Trek Property in the Galore Creek Area Including 4.03% Cu, 1.71 g/t Au and 8.85 g/t Ag over 4.6 metres (15.0 feet), within a 43.3 metres (142.0 feet) Intersection of 0.88% Cu, 0.34 g/t Au
Including 4.03% Cu, 1.71 g/t Au and 8.85 g/t Ag over 4.6 metres (15.0 feet), within a 43.3 metres (142.0 feet) Intersection of 0.88% Cu, 0.34 g/t Au and 2.21 g/t Ag
TORONTO, ONTARIO -- (Marketwire) -- 09/13/10 -- The management of Romios Gold Resources Inc. ('Romios' or 'the Company') (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) is pleased to announce the initial results of the diamond drill program carried out during the summer of 2010 on its Trek property in the Galore Creek Area in northwestern British Columbia. Eight holes totaling 3,975.4 metres (13,042 feet) were drilled at the North Zone. Assay results received to date for holes TRK10-01, TRK10-02 and TRK10-03, confirm the extension of the copper-gold mineralization at depth and to the northeast by at least 350 metres from earlier findings.
The Trek property, which is located adjacent to both the proposed Galore Creek mine and mill site, hosts a large and growing mineralized zone.
Highlights of the assays received to date include drill hole TRK10-03, which was drilled to a length of 591 metres (1,939 feet), is located approximately 160 metres (520 feet) south of hole TRK10-02 and 240 metres (780 feet) northeast from hole TRK10-01. TRK10-03, which was drilled with a southerly bearing, was designed to test the mineralization along the trend from the North to the Northeast Zones and between holes TRK10-01 and TRK10-02. Hole TRK10-03 intersected an upper zone of disseminated and vein-hosted copper mineralization 117 metres (383.8 feet) in length assaying 0.47% copper, 0.18 g/t gold, and 1.40 g/t silver. This interval includes a section of 65.1 metres (213.5 feet) which assayed 0.62% copper, 0.24 g/t gold and 1.64 g/t silver (within which a section of 4.6 metres (15.0 feet) averaged 4.03% copper, 1.71 g/t gold and 8.85 g/t silver). A lower zone in hole TRK10-03 intersected 8.6 metres (28.2 feet) in length which assayed 0.19% copper, 0.20 g/t gold, and 3.04 g/t silver. Collectively, the rocks containing the upper and lower zone intersections and adjacent mineralization, comprise a total intersection of 294 metres (964.3 feet) in length assaying 0.25% copper, 0.11 g/t gold and 0.93 g/t silver.
Table 1. Significant assay intercepts from holes TRK10-01, TRK10-02 and TRK10-03.
Intercepts represent apparent thickness.
From Total Total
Hole ID Zone (m) To (m) (m) (ft) Cu % Au g/t Ag g/t
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TRK10-01 Upper 12.50 34.28 21.78 71.44 0.18 0.14 0.75
TRK10-01 Middle 1 128.00 154.00 26.00 85.28 0.22 0.16 1.25
TRK10-01 Middle 2 208.00 286.00 78.00 255.84 0.20 0.26 2.18
TRK10-01 Lower 322.00 336.00 14.00 45.92 0.25 0.34 2.60
TRK10-01 Whole Hole 3.00 405.00 402.00 1318.56 0.12 0.14 1.88
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TRK10-02 Upper 85.00 105.00 20.00 65.60 0.15 0.06 0.52
TRK10-02 Containing 101.00 105.00 4.00 13.12 0.24 0.14 0.65
TRK10-02 Middle 190.50 192.50 2.00 6.56 0.36 0.06 1.50
TRK10-02 Lower 296.50 304.75 8.25 27.06 0.28 0.06 1.40
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TRK10-03 Upper 324.00 441.00 117.00 383.76 0.47 0.18 1.40
TRK10-03 Containing 344.10 409.20 65.10 213.53 0.62 0.24 1.64
TRK10-03 With 365.90 409.20 43.30 142.02 0.88 0.34 2.21
Intersection
TRK10-03 Containing 365.90 370.50 4.60 15.09 4.03 1.71 8.85
TRK10-03 and 406.70 409.20 2.50 8.20 2.58 0.5 7.55
Containing
TRK10-03 Lower 495.40 504.00 8.60 28.21 0.19 0.20 3.04
TRK10-03 All Zones 258.00 552.00 294.00 964.32 0.25 0.11 0.93
As a matter of procedure, the mineralized intervals of drill core are split in the field using an electric-powered core saw and bagged using security seals. The samples are then delivered to ALS Chemex Laboratories in Vancouver for analysis. In addition to the laboratory's quality control program, a rigorous on-site quality assurance and quality control program is implemented which involves the insertion of blanks, standards and splits to ensure reliable assay results.
To date, breccia and porphyry-type copper-gold mineralization have been intersected on the North Zone over an area measuring approximately 700 metres (2,296 feet) by 550 metres (1,804 feet) and to a depth of 450 metres (1,476 feet).
Tom Drivas, President of Romios commented, 'We are very pleased with the assay results received to date. The drilling continues to expand the mineralized zones intersected in our earlier holes and provides further evidence of the widespread and pervasive nature of the copper and gold mineralization on the North Zone. The drilling results encountered on the North Zone are comparable to other large tonnage copper-gold porphyry deposits in British Columbia and substantiate the exploration potential for Trek to become a viable copper-gold porphyry deposit.'
Assays for the remaining five holes will be reported once they have been received and reviewed by the Company. In addition, results from the recently completed Titan 24 Survey and sampling on the Dirk property will also be released when they have been received and analyzed by the Company.
You can view a map showing the location of all 23 holes drilled on the Trek property to date by visiting the following location on the web:
http://www.romios.com/s/TrekMaps.asp
Photos of select core samples can be accessed by visiting:
http://www.romios.com/s/TrekPhotos.asp
The technical information contained in this press release has been reviewed and approved by Mel de Quadros. Ph.D., P.Eng., Director of Romios Gold Resources Inc. and a qualified person as defined by National Instrument 43-101.
About Romios Gold Resources Inc.
Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Galore Creek Mining Corporation's (GCMC) large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek.
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 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 and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com
Romios Gold Resources Inc.
Michael D'Amico
Investor Relations
647-500-6023
romios@romios.com
www.romios.com