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Project: | Lundmark-Akow | |
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Deposit: | Lundmark-Akow | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 8/19/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 19-8-2019: Romios Gold Resources Inc. announces an Exploration/Drilling Update report for its Lundmark-Akow deposit at the Lundmark-Akow project. Drilling results incl. 7.35m @ 0.51g/t Au, 0.34% Cu from 151.10m. TORONTO, ONTARIO, August 19, 2019, Romios G | |
Resources: | x | |
CP/QP: | [Overall Report]: John L. Biczok (Internal) | |
ABSTRACT: | TORONTO, ONTARIO, August 19, 2019, Romios Gold Resources Inc. (“Romios” or the “Company”) (TSX.V-RG) (OTC-PK: RMIOF) (Frankfurt: D4R) is pleased to announce that all assay results from the June diamond drilling program on the Company’s Lundmark-Akow Lake Cu-Au-Ag Project in Northwestern Ontario have been received and have significantly expanded the potential of the gold discovery announced in July (8.64 g/t Au over 4.75 m, see Romios news release July 10, 2019). The gold-bearing quartz-pyrrhotite discovery vein was intersected in hole RGR-19-5 at the eastern end of a coincident VTEMTM airborne EM conductor which is 300 to 400 metres long. A similar but lower grade vein was intersected in hole RGR-19-6, drilled from the same set-up as hole RGR-19-5 but in the opposite direction to test a parallel series of multiple conductors. This vein was intersected 330 m NE of the discovery vein at the tail end of a 700 m long conductor and assayed 0.5 g/t Au over 7.35 m with individual assays between 96 ppb and 1.9 g/t Au. Drilling is planned in September to test the stronger central portions of both EM conductors. Assay results of the 2019 program are summarised in Table One below and drill hole locations are shown on Figure One below. | |
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