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Romios Gold Begins Field Work On 3 Projects Near Newmont's Musselwhite Gold Mine, NW Ontario
Toronto, Ontario--(Newsfile Corp. - June 20, 2022) - Romios Gold Resources Inc.  (TSXV:...
About this update from Oreterra Metals Corp.
[{"type":"text","content":"Romios Gold Begins Field Work On 3 Projects Near Newmont's Musselwhite Gold Mine, NW OntarioToronto, Ontario--(Newsfile Corp. - June 20, 2022) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) (\"Romios Gold\" or the \"Company\") is pleased to report that it has begun the 2022 exploration field program on 3 of the Company's projects in the underexplored North Caribou Lake Greenstone Belt (NCLGB) in northwestern Ontario, Canada (Map 1). This belt is home to Newmont's giant Musselwhite gold mine (> 7 million ounces Au in past production and reserves) but has seen relatively little exploration by other companies since the 1980s.HIGHLIGHTS:NORTH CARIBOU RIVER CLAIMS:Located just 8 km from the all-weather road into the nearby community of Round Lake, these claims are dominated by the North Caribou River Fault (NCRF) with a series of small but high grade gold +/- copper showings on Romios' claims, e.g. 9.9 to 55.7 g/t Au from a 23 cm wide, sulphide-rich vein, as well as locally impressive alteration (See June 16, 2021 News Release).Romios believes that previous explorers neglected the potential for the geologically common situation whereby much better mineralization occurs on a series of splay faults coming off the main fault.A 2020 airborne VLF-Mag survey confirmed the presence of 10 apparent splay faults and soil sampling completed over 5 of them in 2021 detected a well defined gold anomaly on one and multi-element anomalies on others.The 2022 program will complete the soil sampling and mapping over the remaining targets in an effort to define the best targets for trenching and possibly drill testing.MARKOP LAKE PROJECT:Located immediately east of the Musselwhite mine property, this project is another new look at an area based on a major recent revision of our geological understanding.The Markop Lake area is now known to host Timiskaming-age and style sedimentary-volcanic basins similar to major gold camps like Timmins-Kirkland Lake (See February 8th, 2022 News Release).This is one of only 3 Timiskaming settings known along the northern margin of the North Caribou terrane, the other 2 host old gold mines (Island Lake, Stull Lake) and Yamana's major gold-tungsten project at Monument Bay which hosts a measured and indicated resource of 2.1 million ounces of gold @ 1.52 g/t Au and 248,000 mtu (Metric T...