Romios Gold Resources Inc. is pleased to report on the results of the 2021 geological mapping and sampling program at its wholly owned, historic gold-producing Scossa Mine property in Pershing County, Nevada. Highlights: Follow-up sampling in 2021 of the old shafts, pits and dumps along the veins returned assays ranging from trace to 23 g/t Au . Mapping of the vein textures in 2021 confirmed the presence of spectacular [...]
Romios Gold Resources is pleased to report on the results of two diamond drill holes completed in September 2021 on the Gold-Copper Stockwork target at the Lundmark-Akow Lake project in NW Ontario. These two holes were part of a nine-hole program totalling 1,756 m, drilled from 8 sites to test a variety of targets across this very large, 7,800-hectare property that is host to at least 4 different types of gold and copper [...]
Romios Gold Resources Inc. is pleased to announce that is has acquired 140 single cell mining claims covering 2,753 hectares immediately along strike from Newmont's giant Musselwhite gold mine in NW Ontario . The claims were acquired from Bounty Gold Corp. in return for a 2% NSR on those claims. Together with Romios' existing claims, the Markop Lake project now covers 5,920 Ha with potential for both Musselwhite-type gold [...]
Romios Gold Resources Inc. is pleased to announce that it has entered into a research agreement with Dr. Pete Hollings of the Geology Department at Lakehead University in Thunder Bay, Ontario, to conduct graduate level studies on the gold and base metal occurrences on Romios' Lundmark-Akow Lake project in NW Ontario. In addition to the funding to be provided by Romios, this research project has been awarded $100,000 in [...]
Romios Gold Resources Inc. is pleased to report that it has received the final C$1 million cash payment from Enduro Metals Corporation, pursuant to the option agreement by which Enduro has now acquired a 100% interest in the Newmont Lake Project in northwestern British Columbia , subject to a 2% Net Smelter Return Royalty in favour of Romios. Agreement Highlights: The original Option Agreement included C$2,000,000 in cash [...]
Romios Gold Resources Inc. is pleased to report that it has acquired 109 claims over numerous historic gold-silver-copper prospects in the Kinkaid area of Mineral County, Nevada. The Kinkaid claims are 18 km east of the town of Hawthorne and largely accessible by road. "International focus on Nevada as one of the world's leading gold districts continues, and plans are underway at Romios to develop a significant offering [...]
Romios Gold Resources Inc. is pleased to announce that it has closed a non-brokered private placement private placement of 8,333,334 flow-through units for gross proceeds of $500,000. Each FT Unit is priced at $0.06 and consists of one common share and one half of a common share purchase warrant. Each full warrant entitles the holder to purchase one common share at a price of $0.10 per Warrant Share until December 15 [...]
Romios Gold Resources Inc. is pleased to report that it has received the final tranche of 4 million shares of Enduro Metals Corporation, pursuant to the option agreement to acquire 100% of the Newmont Lake Project in northwestern British Columbia. Agreement Highlights: The original Option Agreement included $2,000,000 CAD in cash payments, the issuance of 12,000,000 Enduro shares and making $8,000,000 CAD in Expenditures [...]
Romios Gold Resources Inc. is pleased to report on the 2021 mapping program on the Trek South claims in the Golden Triangle of northwestern British Columbia. The program has partially delineated a >1 km wide zone of porphyry-style alteration and veinlet-hosted Copper-Gold-Silver mineralization. As a result, Trek South is now a high priority target for geophysical surveys and diamond drilling in 2022 along with the [...]
Romios Gold Resources Inc. is pleased to announce that it has closed its non-brokered private placement, referred to in its news release dated October 7, 2021 , with the issuance of 5,420,000 flow-through units for gross proceeds of $271,000 and 4,800,000 working capital units for gross proceeds of $240,000. The Company raised total gross proceeds of $511,000 pursuant to the Offering. Each FT Unit is priced at $0.05 and [...]
Romios Gold Resources Inc. is pleased to report on the latest discovery of gold and base metal mineralization on two of the Company's ten 100%-owned claim blocks in the Golden Triangle of northwestern British Columbia that all together cover a total of 360 sq km . During a month-long field program this past summer, the exploration team discovered the most significant gold and copper mineralization to date on the [...]
Romios Gold Resources Inc. is pleased to report that it has successfully completed its fall drilling program on the Lundmark-Akow Lake gold and base metals project in northwestern Ontario. The drilling program resulted in the intersection of two banded iron formations not previously known in this area and only 18 km NNW of Newmont's giant Musselwhite gold mine which is hosted by a tightly folded iron formation [...]