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ROMIOS Drilling Intersects Large Red Lake Type Carbonate Veins and Expands Its Gold Discovery on Its Lundmark-Akow Lake Project in NW Ontario
Toronto, Ontario--(Newsfile Corp. - August 19, 2019) - Romios Gold Resources Inc.  (TSX...
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[{"type":"text","content":"ROMIOS Drilling Intersects Large Red Lake Type Carbonate Veins and Expands Its Gold Discovery on Its Lundmark-Akow Lake Project in NW OntarioToronto, Ontario--(Newsfile Corp. - August 19, 2019) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) (\"Romios\" or the \"Company\") 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.A potentially very significant additional discovery in both holes RGR-19-5 and RGR-19-6 is the occurrence of several large, sporadically gold-mineralized carbonate (mainly calcite) veins in close proximity to the gold-bearing quartz-pyrrhotite veins. These veins have distinctive, well developed open-space filling textures typical of the barren to weakly mineralized carbonate veins found near the high-grade gold veins in the Newmont Goldcorp Red Lake mine as well as some of the major deposits in the Timmins-Porcupine gold camp. Such vein textures are thought to reflect high pressure, deep seated and long lived fluid systems that were an integral part of gold ore formation in these major gold camps. A 6.5 m wide carbonate vein in drill hole RGR-19-6 returned individual gold values ranging from nil to 2.96 g/t Au and averaged 0.54 g/t Au. A large calcite vein in RGR-19-5 averaged 0.7 g/t Au over 5.7 m with individual assays from ~nil to 1.85 g/t...