Romios Gold completes survey at Lundmark-Akow Lake

Mar 5, 2019

2019-03-04 10:06 ET – News Release

Mr. Tom Drivas reports

ROMIOS COMPLETES AIRBORNE MAGNETIC AND VTEM SURVEY OVER 6 KM OF CONDUCTORS ON STRIKE FROM ITS LUNDMARK-AKOW LAKE VMS DISCOVERY IN NW ONTARIO

Geotech Ltd. has completed an airborne magnetic and VTEM terrain time-domain electromagnetic survey over approximately six kilometres of conductors along strike from the copper-gold-silver-(cobalt) massive sulphide (VMS) horizon discovered in 2017 at Atim Lake North, part of Romios Gold Resources Inc.’s Lundmark-Akow Lake project. The discovery hole intersected 1.9 metres grading 2.35 per cent copper, 1.4 grams per tonne gold and 68 grams per tonne silver with elevated cobalt values (see Romios’s news release dated Sept. 19, 2017). Since the discovery hole, Romios has acquired additional claims covering six kilometres of EM (electromagnetic) conductors originally detected by a 1985 Ontario government survey. Romios’s claims now cover a total of 10 kilometres of EM conductors extending northwest from the discovery hole. Results of the VTEM survey are expected to provide a much-improved definition of the conductors on the new claims, allowing a more precise siting of drill holes targeting these conductors.

The results of the airborne geophysical survey will be released once the data have been processed and interpreted. Romios expects to undertake diamond drilling of the most promising targets commencing in the summer of 2019.

The technical information in this news release has been reviewed and approved by John Biczok, PGeo, vice-president, exploration, and a qualified person as defined by National Instrument 43-101.

About Romios Gold Resources Inc.

Romios Gold Resources, a progressive Canadian mineral exploration company established in 1995, is engaged in precious metal and base metal exploration primarily focused on gold, silver and copper on its properties in the Golden Triangle area in northwestern British Columbia. In addition to the properties in the Golden Triangle area, Romios holds a 100-per-cent interest in the Lundmark-Akow Lake property in Ontario, the LaCorne property in Quebec and the Scossa property in Nevada. It also holds a 2-per-cent net smelter return royalty on the Hislop property in Ontario.

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http://www.romios.com/press-releases/