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Romios Gold Resources Inc. (RMIOF) is a progressive Canadian mineral exploration company primarily focused on gold, copper, and silver exploration. The company owns several key properties including the Lundmark-Akow Lake Au-Cu property in Ontario, claim blocks in northwestern Ontario, and porphyry copper-gold prospects in British Columbia's Golden Triangle. Recent field programs at the Kinkaid and Scossa properties in Nevada have yielded promising results, expanding the potential extent of mineralized systems. Romios is actively engaged in ongoing exploration efforts to uncover new deposits and further enhance its geological understanding of the properties.
Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) has provided an update on the Honeycomb Hill prospect at its Kinkaid property in Nevada. The area shows potential for a porphyry Cu-Au-Ag system with high-grade assays and extensive alteration. Key findings include:
1. Expanded mineralized area to >450 x 450 m
2. High-grade assays up to 78.16 g/t Au, 12.1% Cu, and 575 g/t Ag
3. Extensive sericitic alteration visible in SWIR satellite imagery
4. Multiple old mine workings and trenches with significant mineralization
5. Geological indicators suggesting an epithermal to mesothermal vein system above a potential porphyry deposit
The company plans further exploration, including detailed mapping, soil sampling, and geophysical surveys to define drill targets. Additionally, Tom Drivas announced a change in ownership interest, with his collective partially diluted ownership decreasing to 9.977% due to a recent private placement.
Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) reports exceptional assays and expanded footprint of potential porphyry centers at its Kinkaid property in Nevada. Highlights include:
1. Honeycomb Hill: Expanded to >450 x 450 m area with assays up to 26.96 g/t Au, >10% Cu, and 574 g/t Ag.
2. Montreal Au-Ag mine: Discovered mineralized outcrop 150 m west, assaying 1.62% Cu, 11.3 g/t Ag, and 0.49 g/t Au.
3. PM skarn: Found gold-bearing quartz veins, supporting epithermal overprint theory.
4. KIN claims: Located numerous copper-rich boulders, suggesting nearby sedimentary targets and shallow pluton.
These results support Romios' model of multiple porphyry Cu-Au-Ag centers with high-grade epithermal to mesothermal veins overlay.
Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) has announced a CFO transition. Frank van de Water is retiring as CFO on August 1, 2024, but will remain on the Board of Directors. Brian Crawford will assume the role of CFO, subject to regulatory approval.
Stephen Burega, President and CEO, thanked Frank for his executive leadership since joining as CFO in December 2015 and as a board member since July 2007. Brian Crawford, the incoming CFO, is a University of Toronto graduate and former partner with BDO Canada LLP. He has extensive experience as CFO and director of private and public companies, currently serving in these roles for several public companies.
Romios Gold Resources (OTCQB: RMIOF) has commenced fieldwork at its Kinkaid Copper-Gold-Silver Property in Nevada following a comprehensive satellite image study by Photosat. The study leveraged Deep Learning Technology to identify significant alteration zones, revealing new, previously unrecognized targets. The Kinkaid property, comprising 131 claims over 11 sq km, is in a geologically rich area. Fieldwork begins June 14, with initial findings showing high-grade mineralization, including copper values up to 13.3% and gold assays up to 12.7 g/t from sampled boulders.
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