Business
Romios Begins Follow-Up Work On Epithermal and Skarn Cu-Au-Ag-Co Prospects At Its Newmont Lake Project and Stakes Additional Claims in the Golden Triangle Area, BC
Toronto, Ontario--(Newsfile Corp. - September 20, 2018) - Romios Gold Resources Inc. (TSXV:...
About this update from Oreterra Metals Corp.
[{"type":"text","content":"Romios Begins Follow-Up Work On Epithermal and Skarn Cu-Au-Ag-Co Prospects At Its Newmont Lake Project and Stakes Additional Claims in the Golden Triangle Area, BCToronto, Ontario--(Newsfile Corp. - September 20, 2018) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) (\"Romios\" or the \"Company\") today announced that geologists are on the company's Newmont Lake property for a program of detailed mapping and sampling on several new target types identified during the July 2018 exploration program. That work led to the recognition of elevated cobalt values (up to 2 pounds/ton) at several sites, fault-related, apparent epi-mesothermal Au-Ag-Cu mineralization along a major fault, and Bonanza-grade Cu-Au-Ag-(Co) values in late stage veins at 2 skarn showings. Elevated copper and gold values, up to 1.1 g/t Au and 0.18% Cu were also returned from the single sample taken from a very extensive series of late iron carbonate veins/carbonatized fault zones. These iron carbonate zones have not previously been systematically sampled, but will now be thoroughly sampled during the current program in order to determine their bulk tonnage potential. In addition to work on the new targets identified in July, further mapping and sampling is planned on the Burgundy Ridge Cu-Au skarn in areas that were snow-covered in July with the goal of defining the full extent of the high-grade skarn zones and the more widespread lower-grade envelope of mineralization. Additional mapping and sampling is also planned to more fully delineate the multiple skarn horizons at the Ken-Glacier skarn zones and determine the most favourable sites for an upcoming drilling program. Additional background information, maps and photographs are posted at http://romios.com/s/Summer2018MapsPhotos.asp.The Company also announced that it has acquired by staking 17 claims covering 6,506 ha beginning 9 km northwest of Teck Resources-Newmont Mining Corp.'s Galore Creek porphyry Cu-Au deposits and 1.4 km west of Romios' existing JW Claim porphyry Cu-Au prospect. The new claims, JW1 to JW17, are underlain largely by granitic rocks of the Eocene Sloko-Hyder Plutonic Suite and Major Hart Pluton, as well as monzodiorite to gabbroic intrusions of the Early Jurassic Texas Creek Plutonic Suite. The latter suite is known to be associated with important vein deposit...