Dallas, Texas. June 24, 2011. StockGuru brings your attention to Romios Gold Resources Inc. (TSX VENTURE: RG) (OTCBB: RMIOF)(FRANKFURT:D4R). Romios announced the completion of a 743 line-kilometre airborne geophysical survey over the Company’s wholly owned Dirk and Andrei properties in the Galore Creek area, Northwestern British Columbia. The geophysical survey employed Fugro Airborne’s “DIGHEM” system, measuring multiple frequency electromagnetic fields to produce high-resolution electromagnetic resistivity and magnetic anomaly maps of the top 150 metres of the earth’s crust. The DIGHEM system, in development and use for over 40 years, is widely used in the mining and exploration industry and has aided mineral exploration at other properties in the area such as Newmont Lake, Trek, Galore Creek, and Copper Canyon. Romios Gold Resources Inc. closed at $0.45 trading up 4.65 percent on roughly 85,000 shares traded.
This Canadian mineral exploration company was established in 1995, and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Galore Creek Mining Corporation’s large copper-gold-silver deposit and Barrick’s high grade gold mine at Eskay Creek.
A more comprehensive analysis of the Dirk and Andrei geophysical surveys will be conducted upon receipt of the completed and final results from Fugro Airborne Surveys. Maps of the preliminary results will be posted on Romios’ website.
Drilling commenced on June 2, 2011 on the Tangle and North Zones at the Trek Property. The first hole has been completed on the Tangle Zone and has encountered variable amounts of sulphide mineralization. This mineralization correlates well with the IP (induced polarization) and MT (magnetotelluric) anomalies identified in the 2010 Titan 24 Survey (Press Release November 4, 2010). Drilling on the second hole on the Tangle Zone is in progress.
Drilling has also commenced on the first hole of the 2011 season in the North Zone targeting the near surface mineralization and the deeper MT anomaly identified by the 2010 Titan Survey. All drilling results will be announced as soon as they are available.
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