Romios Gold Discovers High-Grade Gold Veins Assaying up to 72.6 g/t Au on the North West Claims Project, Golden Triangle, B.C.
Romios Gold Discovers High-Grade Gold
Veins Assaying up to 72.6 g/t Au on the North
West Claims Project, Golden Triangle, B.C.
Toronto, Ontario--(Newsfile Corp. - January 17, 2023) -
Romios Gold Resources Inc.
(TSXV: RG)
(OTCQB: RMIOF) (FSE: D4R)
("Romios Gold" or the "Company")
is pleased to report that is has
discovered a series of high-grade gold veins assaying from
12.65 g/t Au to
72.6 g/t Au
in four of five
samples on its North West claim block in the Golden Triangle of NW British Columbia. The veins appear
to be controlled by a well-developed set of NW-SE trending faults.
Romios' VP of Exploration, Mr. John Biczok, P. Geo, commented, "Romios' brief 2022 exploration
program on the North West claims resulted in not only the highest-grade gold assays ever found on the
property but also the identification of a set of probable control structures up to 1 km long that now provide
an exciting focus for our future exploration work."
Highlights:
1
.
Four high-grade gold veins returned 4 assays
between 12.65 and 72.6 g/t Au
.
2
.
A 5
th
assay of 1.23 g/t Au came from a chip sample <2 m from a historic assay of 16.5 g/t Au and
4 m from the 12.65 g/t Au result, indicating that there may be a nuggety distribution of gold in some
veins.
3
.
The mineralized veins are distributed along a >500 metre long trend on Romios' North West claim
block
(Map 1).
4
.
These results are from chip samples across vein widths of 10 to 60 cm within fault zones from 1 m
to more than 8 m wide (See Table 1).
5
.
Anomalous gold levels of 0.14 to 0.45 g/t Au were detected in 5 additional veins as well as a
quartz flooded, pyritic patch in the host granodiorite that also assayed 0.57% Cu.
6
.
The largest and most mineralized veins tend to be aligned in a NW-SE direction, parallel to a
nearby prominent series of unexplored lineaments/fault structures up to 1 km long that are visible in
recent satellite imagery (see Map 1).
7
.
The host granitic rocks are part of the Texas Creek plutonic suite, the same series of intrusions
associated with multiple past producers and major deposits in the Golden Triangle including
Silbak Premier, Scottie Gold, KSM, SNIP, etc.
"The broad extent of the high-grade gold veins discovered this year is very encouraging," stated Romios'
CEO and President, Mr. Stephen Burega. "Even though some of these high-grade veins are narrow
where exposed, the fact that they are spread out along a >500 m trend that is parallel to some very
prominent fault lineaments nearby provides a realistic opportunity to find larger, more extensive veins in
those major structures. The discovery on the North West claims is just one of the encouraging set of
recent results from Romios' pipeline of grass-roots to advanced projects in this highly endowed portion
of the Golden Triangle" he continued.
BACKGROUND INFORMATION
The area between the exposed mineralized veins is covered with a veneer of glacial till from a rapidly
receding glacier. It is currently unknown if the high-grade veins sampled in 2022 are connected along a
single structure, however, they are aligned in the same orientation as a prominent set of NW-SE
lineaments beginning in the extensive outcrops about 200 m to the southwest (See Map 1). This set of
potential controlling structures has not been specifically targeted in past years and now forms a high-
priority target for future exploration.
Map 1: North West claims gold showings and lineaments on a Worldview 3 satellite image
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5376/151540_f198fb12544aaaae_002full.jpg
In 2021, Romios discovered three mineralized quartz + pyrite veins assaying 5.28 - 8.9 g/t Au in outcrop
and boulders located 1.1 km to the SSW of the high-grade samples reported herein (
see Romios news
release Oct. 27, 2021
) and, in 2010, another Romios crew located more modest mineralization 670 m to
the SW in a quartz vein that assayed 1.65 g/t Au plus 19 g/t Ag and 0.19% Cu (Map 1). This crew also
located the original high-grade sample (16.5 g/t Au) that was followed up in 2022 and resulted in the
high-grade discoveries reported in this news release.
These recent gold discoveries on Romios' North West Claims block are within 4.4 km of the partially
cleared road route to Teck and Newmont's enormous Galore Creek Cu-Au-Ag porphyry deposit(s) which
is now in the final stages of a pre-feasibility study (See website at
www.gcmc.ca
). They are also just 4
km east of the Stikine River, which was a major barge route between the seaport of Wrangell, Alaska
and the community of Telegraph Creek in the past (see Map 2).
Map 2: Romios' North West claim block and 2022 gold discoveries on a topographic map. All
surrounding claims are held by the Galore Creek Mining Corp.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5376/151540_f198fb12544aaaae_003full.jpg
Table 1: Descriptions of the highest-grade auriferous vein samples.
SAMPLE #
Easting
Northing
Description
Au g/t
B994603
341101
6329604
10 cm chip across narrow part of the main fault-fill
quartz vein in shear zone >8 m wide
72.6
B994606
341102
6329584
50 cm chip of large quartz vein on strike from
B994603. Vein swells to 1 m.
1.23
B994607
341102
6329580
75 cm chip of vein ~5m along strike to SE of
B994606.
12.65
B994608
341209
6329477
10 cm chip of a quartz-pyrite vein on small cliff
face.
33.1
B994614
341515
6329323
60 cm chip of quartz vein with minor pyrite,
chalcopyrite; in a fault zone >2 m wide.
30.7
For more information, please
click here
for Romios' website.
QA/QC
The samples discussed in this document were grab and chip samples considered representative of the
outcrops and mineralization being sampled. They were submitted to the ISO/IEC 17025 accredited ALS
Canada Ltd. laboratories in Terrace and Vancouver, BC for gold assay and multi-element analyses. As
a matter of procedure, a rigorous quality assurance and quality control program was implemented to
ensure reliable assay results by inserting alternating blanks and commercial assay standards at every
10th position in the sample series.
Qualified Person
The technical information in this news release has been reviewed and approved by John Biczok, P.
Geo., VP-Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101.
In addition to his extensive experience with several major mining companies exploring for a wide variety
of ore deposit types across Canada and India, Mr. Biczok spent 12 years conducting exploration and
research at the Musselwhite gold mine in NW Ontario.
About Romios Gold Resources Inc.
Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in
precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100%
interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern
Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the
"Golden Triangle" of British Columbia. Additional interests include the Kinkaid claims in Nevada
covering numerous Au-Ag-Cu workings and two former producers: the Scossa mine property (Nevada)
which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The
Company retains an ongoing interest in several properties including a 20% carried interest in five of
Honey Badger Mining's claim blocks in the Thunder Bay silver district of northwestern Ontario; a 2%
NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake
Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead
Resources Inc. ("Copperhead") whereby Copperhead can acquire a 75% ownership interest in Romios'
Red Line Property in BC.
For more information, visit
www.
romios.com
As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have
several communication portals. If you have any questions online (
,
,
) please
feel free to send direct messages.
To book a one-on-one 30-minute Zoom video call, please
click here
.
For further information, please contact:
Stephen Burega, President and CEO - 647-515-3734 or
John Biczok, P. Geo., VP of Exploration - 613-410-7877 or
This News Release contains forward-looking statements which are typically preceded by, followed by or
include the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar
expressions. Forward-looking statements are not guarantees of future performance as they involve risks,
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release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/151540