Toronto, Ontario – June 29, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Romios Gold Sources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) (“Romios Gold” or the “Firm”) is happy to report on the receipt of high-grade copper and silver assays to go along with the beforehand reported excessive gold values (See June 14th, 2022 News Release) from chip and seize samples collected in April 2022 at a number of largely undocumented or poorly recognized historic gold-copper-silver prospects on the Firm’s lately acquired Kinkaid undertaking in Nevada.
The Kinkaid claims cowl 911.2 Hectares (2,252 acres) in Mineral County, 18 km east of the city of Hawthorne, and are largely accessible by highway.
“We’re very excited by these high-grade copper and silver assays and the native abundance of bismuth, antimony and mercury within the quite a few gold bearing veins lately recognized on the southern claims of the Kinkaid property,” said Stephen Burega, President. “We’re growing a coherent geological mannequin of this widespread vein system which is able to now be explored by way of detailed geological mapping and superior instruments like hyperspectral satellite tv for pc picture research and low-level drone magnetic surveys.”
Highlights:
- A number of poorly documented or unknown mineral showings have been found by Romios on the Kinkaid claims in April (see Map #1). All Gold (Au) values famous beneath have been beforehand reported by Romios on June 14th, 2022. The lately acquired Copper (Cu), Silver (Ag) and varied different steel outcomes are reported right here for the primary time.
- Au-Cu Adits: A 180 m lengthy sequence of shafts and adits was positioned at an unnamed prospect on the southern claims. The dump materials at these workings is often very copper wealthy and the 4 typical samples of this materials returned assays of 1.04% to six.59% Cu, 1 to 34 g/t Ag, and 0.3 g/t Au to 17.9 g/t Au. The veins are usually not uncovered on the entrances to the workings however the host rocks are extremely altered and sheared for widths of at the very least 2-3 m.
- Au-Cu Shaft: An unnamed previous mine website consisting of a shaft and a decrease adit was additionally positioned and sampled. Six samples of andesite and vein materials with comparatively minor seen copper minerals assayed between 0.55% and 1.38 % Cu. These samples embrace a >15 cm huge vein of basic epithermal bladed calcite that assayed 0.77% Cu and three.9 g/t Au and a 1.0 metre chip of a closely copper stained fault zone close by assayed 0.89% Cu and 1.8 g/t Au. These zones strike in direction of the higher shaft in an space largely obscured by dump materials.
- Au-Barite: A >75 m lengthy sequence of adits and dumps on the SE claims listed as a “barite prospect” within the USGS database was additionally sampled in April. 4 quartz vein samples from the dumps with solely minor rust spots and no seen sulphides assayed low in copper, ≤ 1,310 ppm Cu, however surprisingly excessive in lead (0.1% to 0.7% Pb) in addition to sporadic highs in antimony (505 ppm Sb) and cobalt (706 ppm Co) along with the beforehand reported vary of gold values (0.15 g/t Au to 2.8 g/t Au). The hydrothermal alteration related to these workings could be very intensive and the affiliation of lead and antimony with the gold mineralization would counsel that that is an epithermal vein system that warrants thorough testing.
- Southern Copper-Barite-Silver: This website was a small-scale mining operation previously (probably for barite) and Romios’ samples from a ~30 cm huge vein reported in March assayed 212 g/t Silver (6.8 oz/t Ag), 2.3% Copper and 1 g/t Gold with elevated bismuth, antimony and mercury values. Three samples of quartz vein materials collected right here in April returned elevated gold values from 0.48 g/t Au to 1.29 g/t Au and a pair of of those assayed 188 to 192 g/t Ag (6 oz/t Ag), 1.98% to 2.5% Cu, 415 to 1,010 ppm Antimony (Sb) and 62 to 134 ppm Bismuth (Bi). This poorly documented prospect vein is inside a 300 m lengthy discoloured space seen on the bottom and on satellite tv for pc imagery and is now considered a part of an epithermal vein system as indicated by the affiliation of Au-Ag-Cu-Sb-Bi-Hg.
- Bismark Au-Ag-Cu Trenches: Assay outcomes of two samples of the standard vein materials at this undocumented website on the SW claims additionally confirmed the high-grade outcomes reported in March. The April samples assayed 4.73% Cu and 33.7 g/t Au from a ~40 cm huge rock within the southern trench and a pair of.16% Cu and seven.53 g/t Au from a pattern of one in all a number of quartz veins 8-10 cm huge in a trench 12 m to the north; these are very comparable outcomes to the March values: 36.3 g/t Au and 4.8% Cu within the southern trench and 5.8 g/t Au and 1.55% Cu within the northern trench.
- Dozer Trench Au-Cu: The “bulldozer trench” positioned 125 m SE of the Bismark website was additionally revisited and sampled. Quite a few copper (chrysocolla) stained rocks are discovered at this website within the overburden however the bedrock supply has not been positioned as but. Two samples collected in April have now assayed 2.08% Cu and 18.3 g/t Au from a quartz vein and three.21% Cu and 27.7 g/t Au from a bit of the copper-stained host rock to the vein materials. A 30 cm mineralized boulder collected in 2021 and reported in March assayed 13.5 g/t Au and 4.34% Cu.
- Montreal Gold-Silver Mine: Further samples collected right here from a spread of vein materials varieties on the ~500 m lengthy sequence of previous mine dumps confirmed the excessive assays reported in March 2022 (these ranged from basically nil to 24 g/t Au, 3.1% Cu and eight g/t Ag). The three samples with seen chalcopyrite collected in April assayed from 0.8% Cu to 7.39% Cu and 0.16 g/t Au to 18.85 g/t Au, confirming the affiliation of gold with copper (chalcopyrite) bearing vein materials.
“These samples have been collected from poorly documented previous mine workings, and the affiliation of the high-grade copper, gold and silver mineralization with parts reminiscent of antimony, bismuth and mercury would point out that many of those prospects are epithermal vein methods that ought to have higher potential for vertically zoned gold-silver-base steel mineralization than was maybe acknowledged by operators in many years previous,” commented John Biczok, Romios’ VP of Exploration.
2022 Exploration Plans
Romios plans to undertake a program of detailed geological mapping and sampling throughout the Kinkaid property in 2022 with emphasis on the quite a few mineralized showings. A drone magnetic survey is predicted to be significantly helpful in tracing the skarn horizon targets beneath cowl and a hyperspectral satellite tv for pc picture examine presently underway is predicted to stipulate the alteration zones related to the Au-Ag-Cu vein methods. Diamond drilling of a number of showings is anticipated.
QA/QC
All samples have been submitted to the ISO/IEC 17025 accredited ALS laboratory in Reno, Nevada for assay. As a matter of process, a rigorous high quality assurance and high quality management program was applied within the type of blanks and Licensed Reference Materials requirements at each tenth place within the pattern sequence. The assay outcomes of those requirements and blanks have been nicely throughout the acceptable ranges.
Certified Individual
The technical info on this information launch has been reviewed and accredited by John Biczok, P. Geo., VP-Exploration for Romios Gold and a Certified Individual as outlined by Nationwide Instrument 43-101. Along with his intensive expertise with a number of main mining firms exploring for all kinds of ore deposit varieties throughout Canada and India, Mr. Biczok spent 12 years conducting exploration and analysis on the Musselwhite gold mine in NW Ontario.
About Romios Gold Sources Inc.
Romios Gold Sources Inc. is a progressive Canadian mineral exploration firm engaged in precious- and base-metal exploration, targeted totally on gold, copper and silver. It has a 100% curiosity within the Lundmark-Akow Lake Au-Cu property plus 4 further declare blocks in northwestern Ontario and intensive declare holdings overlaying a number of vital porphyry copper-gold prospects within the “Golden Triangle” of British Columbia. Further pursuits embrace the Kinkaid Nevada claims overlaying quite a few Au-Ag-Cu workings and two former producers: the La Corne molybdenum mine property (Quebec) and the Scossa mine property (Nevada) which is a former high-grade gold producer. The Firm retains an ongoing curiosity in a number of properties together with a 20% carried curiosity in 5 of Honey Badger Mining’s declare blocks within the Thunder Bay silver district of northwestern Ontario; a 2% NSR on McEwen Mining’s Hislop gold property in Ontario; a 2% NSR on Enduro Metals Corp.s’ Newmont Lake Au-Cu-Ag property in BC, and the Firm has signed a definitive settlement with Copperhead Sources Inc. (“Copperhead”) whereby Copperhead can purchase a 75% possession curiosity in Romios’ Purple Line Venture in BC.
For extra info, go to www.romios.com
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For additional info, please contact:
Stephen Burega, President – 647-515-3734 or [email protected]
John Biczok, P. Geo., VP of Exploration – 613-410-7877 or [email protected]
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