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Geotech to Fly VTEM Plus Airborne Survey over Romios' Lundmark-Akow Lakes Claims

Romios Gold Resources Inc. is pleased to announce that it has contracted Geotech Ltd. to fly a 262 line kilometre VTEM® plus time-domain system electromagnetic and magnetic survey over its Lundmark-Akow Lakes claims located just north of Goldcorp's Musselwhite Mine, within the North Caribou Lake greenstone belt in the Patricia Mining Division, northwestern Ontario.

Geotech's proprietary VTEM® plus is the leading time-domain electromagnetic system in the world. The coincident, vertical dipole transmitter-receiver configuration provides a symmetric system response. Any asymmetry in the measured EM profile is due to the conductor dip, not the system or direction of flying. This allows for easy identification of the conductor location and for interpretation of the EM data. Geotech represents that the low noise receiver, plus the high power transmitter yields a low noise system that has the best signal-to-noise ratio of any airborne survey system available commercially.

The planned VTEM® plus airborne survey will be carried out over the area where earlier exploration programs carried out by Romios identified indications of widespread gold mineralization associated with banded iron formations, a deformation zone and an extensive zone of stringer-type copper mineralization, believed to reflect a more massive copper sulphide occurrence at depth.

As previously reported, five holes were drilled by Romios to test the copper zone during the winter of 1998-1999. All five drill holes (holes RGRI-99-1 to RGRI-99-5) intersected wide zones of potentially significant copper and gold mineralization over a strike length of more than 1,000 metres (3,280 feet). Rather than assay the entire width of the stringer-type copper mineralization in each hole, a number of samples were collected throughout the zone to determine roughly the tenor of the copper and gold contained within the mineralized zone.

One of the more notable holes (hole RGRI-99-3) intersected 94.0 metres (308 feet) of the stringer-type copper mineralization. A total of 25 samples collected over 12.21 metres (40.05 feet) within the mineralized zone assayed a weighted average of 0.39% copper. Highly anomalous gold values were encountered over 96.32 metres (316.0 feet) within this zone. A total of 22 samples over 11.30 metres (37.07 feet) averaged 0.36 gpt in gold. Similar copper and gold grades over comparable widths were encountered in the other 4 holes. (Press Release dated March 31, 1999).

In the most southerly exposed portion of the gold-bearing deformation zone, 14 grab and channel samples collected from an outcrop area assayed from a low of 12.26 gpt (0.358 oz/ton) to a high of 1,323.81 gpt (38.612 oz/ton) of gold. The arithmetic average of the 14 samples was 402.85 gpt (11.75 oz/ton) of gold. (Press Release dated November 24, 1997).

This press release was approved by Thomas Skimming, P.Eng, Vice-President of Exploration and a Director of Romios and a Qualified Person as defined by National Instrument 43-101.

Source: http://www.romios.com/

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