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Romios Gold Resources Inc.
Summary
| Project: | Lundmark-Akow | |
|---|---|---|
| Deposit: | Atim Lake North | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 9/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-9-2017: Romios Gold Resources Inc. announces an Exploration/Drilling Update report for its Atim Lake North deposit at the Lundmark-Akow project. Drilling results incl. 1.9m @ 2.35% Cu, 1.4g/t Au, 68.2g/t Ag from 299.2m. Toronto, Ontario--(Newsfile Corp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Biczok (Internal) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - September 19, 2017) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios" or the "Company") is pleased to announce the results of hole RGR-17-1 which was drilled to a length of 513 metres at Atim Lake North on its Lundmark-Akow Lake project in northwesternOntario, approximately 18 km NNW of Goldcorp's Musselwhite Gold Mine, to test a series of stacked electromagnetic (VTEM) conductors in the vicinity of the 1.5 km long "Romios Copper-Gold Zone" discovered by Romios and tested initially by diamond drilling in 1998, 1999 and more recently in 2016. The host rocks are moderately siliceous and contain abundant tourmalinite imilar to that encountered in drill hole RGR-16-2 within the "Romios Copper-(Gold) Zone" which is now interpreted as a hydrothermal alteration pathway similar to those found beneath many massive sulphide deposits. The presence of mineralized staurolite-garnet-biotite-sericite schists as well as tourmalinite with high copper-silver-(gold) values in both the massive sulphide horizon and the alteration pathway, indicates that the massive sulphide style horizon is very likely a product of this extensive alteration zone. The available geological evidence also suggests that this initial sulphide intersection is on the periphery of the mineralized horizon and that the potentially thicker and higher-grade core lies some distance away. A review of the most appropriate type of ground geophysical survey that might better define the extent and most favourable portions of the conductor related to the massive sulphide is now underway by Romios' geophysical consultant. It is currently anticipated that ground geophysical surveys will be conducted over the Atim Lake North area during the winter prior to any further drilling. | |
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