Romios Gold optionee begins drilling at Newmont

Oct 18, 2018

2018-10-17 15:21 ET – News Release

Mr. Tom Drivas reports

ROMIOS REPORTS DRILLING ON BURGUNDY RIDGE IN THE NEWMONT LAKE PROJECT IN THE GOLDEN TRIANGLE OF BC

Romios Gold Resources Inc. has noted that Crystal Lake Mining Corp. has commenced a reverse circulation drilling program at the Burgundy Ridge zone, a target area that has never been previously drilled and features multiple targets prospective for gold-copper-silver-zinc mineralization based on geological mapping and sampling. Mineralized skarn zones occur throughout an area of 450 metres by 300 metres on Burgundy Ridge and range from broad zones of moderate-grade mineralization (for example, 24 metres at 0.72 per cent copper, 0.12 gram per tonne gold and five grams per tonne silver) to locally substantial widths of high-grade mineralization (for example, 6.0 metres at 2.38 per cent copper, 2.2 grams per tonne gold, 44.8 grams per tonne silver and 6.7 per cent zinc) (see Romios’s news releases dated Sept. 23, 2014, and Nov. 12, 2015). Many of the mineralized areas are partially obscured by talus slopes or icefields, and the current drilling program is the initial attempt to determine the full extent of these zones.

Crystal Lake Mining is undertaking this exploration program pursuant to the terms of the letter agreement, as set out in the company’s news release of Sept. 24, 2018, whereby Crystal Lake Mining can earn a 100-per-cent interest in the company’s Newmont Lake property, which includes the Burgundy Ridge zone.

Once at least three planned drill holes have been completed at Burgundy Ridge, Crystal Lake Mining plans to move the drill rig to the gold deposit in the Northwest zone of the Newmont Lake project, at a lower elevation to the southeast, where a series of reverse circulation holes will test for continuity of high-grade mineralization while also providing samples for metallurgical testing.

Drill results will be announced when assays are received and analyzed.

The technical information in this news release has been reviewed and approved by John Biczok, PGeo, vice-president, exploration, for Romios 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.

We seek Safe Harbor.

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