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Recent Airborne Geophysical Survey Identifies High-Priority Target Structures on Romios' Lundmark-Akow Lake and North Caribou Gold Projects Near Newmont's Musselwhite Gold Mine
Toronto, Ontario--(Newsfile Corp. - March 4, 2021) - Romios Gold Resources Inc.  (TSXV:...
About this update from Oreterra Metals Corp.
[{"type":"text","content":"Recent Airborne Geophysical Survey Identifies High-Priority Target Structures on Romios' Lundmark-Akow Lake and North Caribou Gold Projects Near Newmont's Musselwhite Gold MineToronto, Ontario--(Newsfile Corp. - March 4, 2021) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) (\"Romios Gold\" or the \"Company\") is pleased to report that very encouraging results have now been received from its recently completed airborne VLF-EM and Magnetic geophysical survey over its primary gold targets on the Lundmark-Akow Lake and North Caribou River properties in northwestern Ontario, Canada (Map 1). This helicopter-borne survey was conducted by Terraquest Ltd. on closely spaced lines focussed over postulated structural features thought to control the location of gold mineralization in both areas. The presence of the theorised structures appears to have been confirmed by the geophysical survey and these geophysical features now become high-priority targets for drilling in 2021.The Lundmark-Akow Lake gold target is 25 km from Newmont's Musselwhite gold mine in the North Caribou Lake greenstone belt (Map 1), approximately 500 km north of Thunder Bay, Ontario. Drilling here in 2019 located perhaps the most significant gold intersection in this belt outside of the Musselwhite mine property, a quartz-pyrrhotite vein 4.75 m wide grading 8.64 g/t Au (true width is approx. 4.3 m) and a second, similar but lower grade gold-quartz vein, 7.3 m wide, ~300 m to the north (see Romios news release July 10, 2019). These veins appear to be of an extensional style and are associated with a unique series of large, gold enriched, open-space filling calcite veins similar to those in the Red Lake and Timmins-Kirkland Lake gold camps. The gold-bearing quartz veins and the unique calcite veins line up along a NNE-trending abrupt offset in both the regional magnetic pattern and a number of the local EM conductors and this offset was thought to represent a major fault at a high angle to the stratigraphy (see Romios new release October 22, 2020). The fall 2020 airborne survey defined a strong NNE pattern in the VLF and magnetics, including a series of >1 km long, sub-parallel \"breaks\" that may well reflect the main fault/vein controlling the extensional type veins drilled in 2019 (see Map 2). These apparent breaks are now a high-prio...