For thousands of other reports visit RSC's Mineral Intellingence Map
Romios Gold Resources Inc.
Summary
| Project: | Lundmark-Akow | |
|---|---|---|
| Deposit: | Lundmark-Akow | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 11/7/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-11-2016: Romios Gold Resources Inc. announces an Exploration/Drilling Update report for its Lundmark-Akow deposit at the Lundmark-Akow project. Drilling results incl. 14.80m @ 0.22% Cu, 0.10g/t Au from 274.70. TORONTO, ONTARIO, November 7, 2016, Romios | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Biczok (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO, November 7, 2016, Romios Gold Resources Inc. (“Romios” or the “Company”) (TSX.V-RG) (OTC-PK: RMIOF) (Frankfurt: D4R) is pleased to announce assay results from its recently completed four hole diamond drilling program at its Lundmark-Akow Lake copper-gold project in northwestern Ontario, approximately 18 km (11.2 miles) NNW of Goldcorp’s Musselwhite gold mine. As reported previously (Romios News Release October 13, 2016), a total of 1,826 m (5,990 ft.) of NQ drilling was completed with individual hole lengths ranging from 399 m (1,309 ft.) to 528 m (1,732 ft.). Three of these holes, #RGR-16-1, RGR-16-2 and RGR-16-4, tested a series of parallel north-northwest trending geophysical anomalies over a strike length of approximately 1,500 m (4,920 ft.). The copper-gold bearing stratigraphic horizon (mineralized zone), identified by Romios in earlier drilling on the property, was expanded significantly by the recent drill program. The mineralized zone was shown to continue to the north for approximately 450 m (1,475 ft.), to the south for 100 m (330 ft.) and to depth of about 120 m (393 ft.) beyond that outlined in the earlier drilling carried out in 1998 and 1999. The projection of the copper-gold zone discovered by Romios in those drill programs was targeted at depths of approximately 200 to 300 m (656 to 984 ft.) in this most recent drilling. The three recent holes noted above each intersected a package of hydrothermally altered metasedimentary and volcaniclastic rocks including various staurolite-garnet-biotite-sericite schists which hosted intermittent zones of copper-(gold) mineralization. The alteration is commonly pervasive over tens of metres and is evidenced by a pronounced coarsening in minerals such as garnet and staurolite as well as cross-cutting veins of massive biotite with very coarse-grained garnets and/or staurolite. Both the pervasive and vein-type alteration contain chalcopyrite +/- pyrrhotite mineralisation in the form of thin seams along the foliation, semi-massive veinlets, and as fracture fillings in the coarse-grained garnets. Gold values up to 1.4 g/t and copper values up to 2.51% were returned from this program. | |
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