For thousands of other reports visit RSC's Mineral Intellingence Map

Romios Gold Resources Inc.

opaxe

Summary

Project:

Lundmark-Akow

Deposit:Lundmark-Akow
Location:Canada
Commodities:Gold
Date:7/10/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-7-2019: Romios Gold Resources Inc. announces an Exploration/Drilling Update report for its Lundmark-Akow deposit at the Lundmark-Akow project. Drilling results incl. 4.75m @ 8.64g/t Au. Toronto, Ontario--(Newsfile Corp. - July 10, 2019) - Romios Gold R
Resources:x
CP/QP:[Overall Report]: John L. Biczok (Internal)
ABSTRACT:Toronto, Ontario--(Newsfile Corp. - July 10, 2019) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios" or the "Company") is pleased to announce that the June diamond drilling program on the Company's Lundmark-Akow Lake Cu-Au-Ag Project in NorthwesternOntario has been completed successfully (6 holes totalling 1,343 metres) and resulted in the discovery of a Quartz-Pyrrhotite vein that assayed 8.64 g/t Au across a width of 4.75 m. The vein was intersected in the 5 th hole of the program, and consists of a complex mix of early stage, pyrrhotite-rich, locally sheeted white to grey quartz veins and wallrock slivers, cut by a later stage of white quartz. Ten specks of visible gold were observed in the vein, in both generations of quartz. The vein was intersected at the eastern end of a coincident VTEMTM airborne EM conductor which is more than 300 metres and possibly 400 metres long. Numerous calcite veinlets are associated with the quartz-pyrrhotite vein and several large calcite +/- pyrrhotite veins up to 7.5 metres wide with "epithermal-style" open-space filling textures and a coincident lamprophyre dyke were intersected nearby. Assays are pending for this material and almost all of the non-vein related core. True widths of the vein intersections are expected to be in the 80-85% range. Individual assays for the mineralized vein are presented in the table below.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report