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Romios Gold Plans Follow-Up on Discovery of 8.6 g/t Gold over 4.75 Metres at Lundmark - Akow Lake Property Near Newmont's Musselwhite Gold Mine
Toronto, Ontario--(Newsfile Corp. - September 1, 2020) - Romios Gold Resources Inc.  (T...
About this update from Oreterra Metals Corp.
[{"type":"text","content":"Romios Gold Plans Follow-Up on Discovery of 8.6 g/t Gold over 4.75 Metres at Lundmark - Akow Lake Property Near Newmont's Musselwhite Gold MineToronto, Ontario--(Newsfile Corp. - September 1, 2020) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) (\"Romios Gold\" or the \"Company\") is pleased to provide an update on plans for its 2019 gold-copper discoveries at its Lundmark-Akow Lake Gold-Copper Project in northwestern Ontario, Canada. This Project is located 14 km from Newmont Corporation's Musselwhite Mine in the North Caribou greenstone belt, approximately 500 km north of Thunder Bay (Map 1).Romios Gold is the second largest claim holder in this region, after Newmont, and the Lundmark-Akow Lake property covers 19,982 acres or 8,087 hectares. Romios Gold began working in this region in the late 1990s and has significantly advanced the understanding of the Lundmark-Akow Lake Cu-Au mineralization leading directly to important discoveries in 2019.The 2019 drilling campaign was successful in identifying three different but potentially related styles of mineralization, greatly increasing the overall potential of the property. Highlights of the drilling include: 4.75 m @ 8.64 g/t Au in DDH RG-19-05 - High-Grade Gold Veins: Diamond drilling of a cluster of previously untested EM conductors in the summer of 2019 led to a new gold discovery that is the most significant gold intercept in the entire North Caribou greenstone belt outside of Newmont's Musselwhite gold mine property. This intercept assayed 8.64 g/t Au over a drilled width of 4.75 m (true width is approx. 4.3 m) and is associated with a unique series of large, gold enriched, open-space filling calcite veins. This type of coarse, crystalline, \"epithermal-looking\" calcite veining is extremely rare in the Canadian Shield and is unknown to the Company elsewhere except for several of the major Ontario gold mining camps such as Red Lake and Timmins-Kirkland Lake. They are thought to indicate that the ore-forming fluids have a deep-seated crustal source of considerable extent. A second gold-quartz vein, 7.3 m wide, geologically similar but lower grade than the first vein, was intersected ~300 m to the north. Both veins have been tested with only one drill hole and require further drilling, as do several nearby, potentially related conductors.VM...