Business
Romios Gold Reports High-Grade Results Lead to New Targeting Model at the Former Scossa Gold Mine in Nevada
Toronto, Ontario--(Newsfile Corp. - March 7, 2022) - Romios Gold Resources Inc.  (TSXV:...
About this update from Oreterra Metals Corp.
[{"type":"text","content":"Romios Gold Reports High-Grade Results Lead to New Targeting Model at the Former Scossa Gold Mine in NevadaToronto, Ontario--(Newsfile Corp. - March 7, 2022) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) (\"Romios Gold\" or the \"Company\") is pleased to report on the results of the 2021 geological mapping and sampling program at its wholly owned, historic gold-producing Scossa Mine (\"Scossa\") property in Pershing County, Nevada.Highlights:Follow-up sampling in 2021 of the old shafts, pits and dumps along the veins returned assays ranging from trace to 23 g/t Au (see Fig. 1).Mapping of the vein textures in 2021 confirmed the presence of spectacular silica-coated open boxwork textures at the Angel Wing vein (Photo 1), a feature typical of the paleo-boiling zone level where gold begins to precipitate in epithermal gold veins, and extensive quartz-filled breccias at higher levels (see Photo 2).During vein formation, gold deposition generally begins at the boiling zone elevation and continues upwards from there, potentially for several hundred metres. The 2021 results are expected to enable Romios to locate the paleo-boiling zone level in each vein during drilling and vector in on the gold-silver zones.Bonanza grades occurred at surface on the Scossa 1-12 vein and in Romios' past drilling, including 3.35m @ 180 g/t Au in DDH #2000-2 (See News Release). Although the veins are often < 2m wide, grades can be very high.The Cinnabar Prospect, located 1.3 km SE of the main Scossa vein swarm, was staked in 2020 and mapping of a 60m long trench there indicates that this showing is a highly altered fault structure locally mineralized with cinnabar. This low-temperature mercury mineral is often found in the uppermost levels of epithermal gold-silver veins just above the precious metals zone. \"Romios had the good fortune to acquire the Scossa Mine property at a time back when gold prices were less than $300 per ounce,\" stated Stephen Burega, President. \"And during the historic mining at Scossa, it became famous for the bonanza-grades of some ore shoots which were so rich in visible gold that the ore was stored in the bank vault in Lovelock. Our sampling and mapping in 2021, combined with the knowledge of where the historic mining activity was focussed, will be used to guide the next phases of drilling...