Mining Explorers 2012: Romios Gold Resources Inc.
RG: TSX-V/RMIOF:NASDAQ OTC/D4R:FE
President and Director: Anastasios (Tom) Drivas
Chief Financial Officer: Michael D’Amico, CA
Vice President, Exploration and Geologist: Thomas Skimming, P. Eng.
Romios Gold Resources Inc. focused its 2012 exploration activities Romios on its gold-copper properties located in northern British Columbia. Following up on extensive 2010 and 2011 programs at its Trek, Newmont Lake and the Dirk properties, Romios undertook a C$1.4 million exploration campaign in June on the Newmont Lake Project consisting of diamond drilling on the Northwest, Ken, ’72, and Telena zones, with additional ground magnetic and magneto-telluric geophysical surveys planned at both Newmont Lake and Trek. The junior also planned more prospecting and geochemical sampling to test for extensions of existing mineralization and identification of new high-grade gold and copper mineralization on both the Newmont Lake and Trek projects. In late August, Romios reported completing 15 diamond drill holes totaling 2,613 meters at Newmont Lake. In addition, the junior completed a technical review of the Trek Property’s North Zone and confirmed extensions of geophysical conductors to the north and south. Romios also acquired about 5,700 hectares (14,085 acres) of mineral tenures, bringing to some 72,000 hectares (177,912 acres) its holdings in the vicinity of Pretium Resources’ Brucejack deposit, Barrick Gold’s Eskay Creek mine and the Galore Creek Mining Corp.’s Galore Creek project. The mineral tenures expand Romios’ land position southward along the projected metallogenic corridor of the Newmont Lake Project. Field evidence acquired during Romios’ 2012 summer exploration campaign confirms that the mineralized zones on the Newmont Lake Project coincides with the BC Ministry of Mines’ interpretation of a volcanic massive sulphide belt of mineralization which extends over a distance of at least 20 kilometers (12.4 miles).
Cash and short-term deposits: C$3.73 million (March 31, 2012)
Working capital: C$3.73 million (March 31, 2012)
Market capitalization: C$17.24 million (Aug. 27, 2012)
25 Adelaide Street East, Suite 1010
Toronto, ON Canada M5C 3A1
Tel: 416-221-4124 • Fax: 416-218-9772