Latest news with #RomiosGold
Associated Press
13-05-2025
- Business
- Associated Press
Romios Announces Field Work and Lakehead University M.Sc. Research Project on the Kinkaid High grade Cu-Au-Ag Project, Nevada
Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) ('Romios Gold' or the 'Company') is pleased to announce that is has started its 2025 field work on its 100% owned Kinkaid high grade Cu-Au-Ag project in the Walker Lane of southern Nevada. 'We've had early success as our team uncovered two previously unknown broad zones of epithermal-style alteration about 20 metres wide near known high-grade Au +/- Ag mineralization,' stated Stephen Burega, President and CEO. 'In addition, minerals characteristic of porphyry-type alteration have now been mapped around one of the major Au-Ag-Cu vein deposits (the Montreal Au-Ag Mine), and porphyry-type alteration has been located in widespread boulders near a series of high-grade copper-rich boulders on the KIN claims.' At least 12 clusters of old mine workings on the main Kinkaid claim block (see Map 1) have returned numerous high-grade gold, silver and copper assays over the past 2-3 years of Romios' work. 'The historic workings on the southern claims exploited quartz +/- barite veins flanked by often intense sericite alteration and those on the northern claims were developed on skarn deposits,' stated John Biczok, VP Exploration. 'This geological setting suggests that the veins and skarns are part of the upper portions of several possible porphyry Cu-Au-Ag centres.' Masters of Science ( Research Project with Lakehead University Under the terms of an existing, fully funded research agreement with Lakehead University in Thunder Bay, Ontario, an student under the guidance of porphyry copper expert Dr. Pete Hollings has now begun mapping and sample collection on the Kinkaid claims in an effort to help determine the origin, extent, controls and potential of this mineralization. The work will include age-dating various lithologies of interest, fluid inclusion studies of the vein deposits, plus hyperspectral, geochemical and mineralogical analysis of the alteration patterns around the mineralized zones. Alteration minerals such as actinolite, epidote and biotite, which are typically developed concentrically around porphyry copper deposits, are being documented near some of the main workings and will be studied to help assess the premise that these Cu-Au-Ag vein deposits are related to porphyry systems at depth. Dr. Pete Hollings has authored or co-authored more than 175 publications, primarily on mineral deposits and greenstone belt geology, in collaboration with researchers from many countries including Australia, Canada, China, and the Philippines. He is currently the NOHFC Industrial Research Chair in Mineral Exploration and has recently been onsite at Kinkaid providing guidance to the student and sharing his expertise with Romios personnel. ONGOING EXPLORATION: In conjunction with the research, Romios personnel have resumed geological mapping and sampling of the extensive old mine workings and showings on the main KINKAID claim block as well as exploring the potential source area of high-grade copper boulders found on the adjacent KIN claims in 2023. Numerous epidote+/-garnet altered boulders typical of porphyry/skarn systems have now been located across a broad area on the KIN claims and work is ongoing to locate the source of the nearby mineralized boulders. Nine samples of these boulders sampled in 2023 returned assays of 0.73% to 13.3% Cu, and averaged 5.03% Cu ( see Romios press release Oct. 12, 2023 ). 'Work around the >500 metre long series of innumerable Montreal Au-Ag Mine workings has now outlined strong hydrothermal alteration (sericite +/- epidote, actinolite, rare magnetite, etc.) across a width of 200 metres,' Biczok continued. 'Mapping of one of the northernmost underground workings revealed an excellent example of a mineralized vein up to 1 m wide with locally abundant chalcopyrite and secondary copper minerals (see Photo #1). Gold is typically proportional to the copper content in this deposit so we are optimistic that the pending Cu-Au assays from this site will also be encouraging.' [ This image cannot be displayed. Please visit the source: ] Photo 1: View of one of the northernmost workings of the Montreal Au-Ag mine. To view an enhanced version of this graphic, please visit: EPITHERMAL POTENTIAL: In addition to this renewed work on the high-grade vein and skarn prospects, the 2025 work has targeted several broad zones of potential low-grade epithermal style gold mineralization. During a brief visit in 2024 Romios' geologists collected a sample of 'low temperature silica' near the PM skarn on the northern claims and this sample assayed 0.79 g/t Au and a chip sample of two narrow quartz veins nearby assayed 10.6 g/t Au. An examination of this area in 2025 revealed similar looking silica boulders and veins up to 50 cm wide across a 20 metre wide zone (See Photo 2); the 2025 assays from this site are pending. A small mine dump nearby consists of iron carbonate - quartz vein material that assayed 1,725 g/t Ag with high mercury, antimony, zinc and lead, providing further evidence of an epithermal mineralizing event overprinting the skarns in this area ( see Romios Press Release March 10, 2022 ). [ This image cannot be displayed. Please visit the source: ] Photo 2: Possible epithermal silica overprint on the PM skarn area. To view an enhanced version of this graphic, please visit: Similarly, broad zones of potential epithermal-style alteration adjacent to vein prospects with high gold, silver, copper and barite contents have been sampled for the first time at a number of other sites; assays are pending. Once the assay results have been received from the current work program an appropriate follow-up program will be planned and executed. [ This image cannot be displayed. Please visit the source: ] Map 1: Kinkaid Project main claim block, prospects and possible porphyry centres. To view an enhanced version of this graphic, please visit: Claim Details and Location The Kinkaid property is wholly owned by Romios and now consists of 139 claims, covering approximately 11.0 sq km, located 18 km east of the town of Hawthorne where the prolific Walker Lane trend overlaps the southern edge of the mineral-rich Basin and Range geological province. The claims begin 1.4 km north of Highway 95 between Reno and Las Vegas and are largely accessible by road and short hikes. A significant power line crosses the SW corner of the claims. QA/QC Rock samples reported herein were a mix of chip and grab samples considered generally representative of the various mine dumps, veins and outcrops being sampled. Samples collected in 2021-2023 were submitted to the ISO/IEC 17025 accredited ALS lab in Reno Nevada for analysis. Samples collected in 2024 and 2025 were submitted to the Standards Council of Canada ISO/IEC 17025:2017 accredited Bureau Veritas laboratory in Reno, Nevada for analysis. As a matter of procedure, a rigorous quality assurance and quality control program was implemented in the form of blanks and Certified Reference Material standards inserted at every 10th position in the sample series. The assay results of these standards and blanks have been within the acceptable ranges. Qualified Person The technical information in this news release has been reviewed and approved by John Biczok, P. Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101. In addition to his extensive experience with several major mining companies exploring for a wide variety of ore deposit types across Canada and India, Mr. Biczok spent 12 years conducting exploration and research at the Musselwhite gold mine in NW Ontario. About Romios Gold Resources Inc. Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the 'Golden Triangle' of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and the Scossa mine property in Nevada which is a former high-grade gold producer. The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ('Copperhead') whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC. For more information, visit As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online ( Twitter,Facebook,LinkedIn ) please feel free to send direct messages. To book a one-on-one 30-minute Zoom video call, please click here. For further information, please contact: Stephen Burega, CEO & President - 647-515-3734 or [email protected] John Biczok, P. Geo., VP Exploration - 613-410-7877 or [email protected] This News Release contains forward-looking statements which are typically preceded by, followed by or include the words 'believes', 'expects', 'anticipates', 'estimates', 'intends', 'plans' or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) do not accept responsibility for the adequacy or accuracy of this view the source version of this press release, please visit
Associated Press
01-03-2025
- Business
- Associated Press
Star Gold and Romios Gold Announce Letter of Intent Regarding Top Tier Nevada Gold/Silver/Copper Projects - The Scossa Mine and Kinkaid Properties
Coeur d'Alene, Idaho and Toronto, Ontario--(Newsfile Corp. - February 28, 2025) - Star Gold Corp. (OTCQB: SRGZ) ('Star Gold') and Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ('Romios Gold') are pleased to announce their intent to enter into a share purchase agreement (the 'Share Purchase Agreement') ") to acquire all issued and outstanding shares of Romios' wholly owned affiliate Romios Gold Nevada Inc. which includes all the rights and interests in the Scossa Mine Property (the 'Scossa Property'), and Kinkaid Property (the 'Kinkaid Property'). 'Romios has been focussed on identifying the right partner to move these exceptional projects forward, and I believe that partnering with Star Gold is going to produce significant benefits for Romios' shareholders as we take on a large ownership in Star Gold and work towards building value at all three projects,' said Stephen Burega, CEO and President of Romios. 'This strategic partnership will allow for the creation of a multi-facetted Nevada story with a clear focus towards near-term production.' 'We are very excited to complete this strategic acquisition of the Scossa and Kinkaid properties,' said Lindsay Gorrill, Chairman of Star Gold. 'Scossa and Kinkaid complement our existing near-term production Longstreet property as we build a portfolio of high-quality projects in Nevada.' General Terms of Transaction: Star Gold will reorganize and complete a share roll-back of the current issued and outstanding capital of the Purchaser, on a 10-1 basis, such that the total number of shares outstanding will be approximately 13,589,069. Closing of the Share Purchase Agreement shall not occur prior to the closing of a capital raise of not less than one million, five hundred thousand dollars (USD$1,500.000). The share distribution of Star Gold (OTCQB: SRGZ) at the time of Closing, prior to any financing: Romios Gold - 20,383,604 (60.00%) Star Gold - 13,589,069 (40.00%) Total O/S: 33,972,673 (100.00%) The Parties will use their reasonable commercial efforts to finalize the Share Purchase Agreement by March 14, 2025 ('Agreement Date'), but in no event later than March 31, 2025 ('Definitive Agreement Deadline'). The Transaction is subject to TSX Venture Exchange and the US Securities and Exchange Commission (SEC) approval. Both Companies will work diligently to move forward through final due diligence and completion of the definitive Share Purchase Agreement within the timelines as set forth in today's announced Letter of Intent. About Longstreet Property The Longstreet Property comprises 125 mineral claims covering approximately 1,012 ha (2,500 acres) in Nevada's Walker Lane, approximately 30 miles east of Round Mountain where historically more than 15 million oz of gold have been produced. The main Au-Ag zone at Longstreet is about 325 m long, 200 m wide, and 3 to 85 m thick. It is developed on the edges of a collapsed caldera within Oligocene felsic welded tuffs and consists of Au-Ag bearing quartz veins and hydrothermally altered, brecciated and pyritized zones. Two NI 43-101 reports in 2013 and then again in 2021 determined an in-pit Indicated + Inferred resource estimate of 101,100 oz Au and 2,459,000 oz Ag (at grades of 0.636 g/t Au and 15.55 g/t Ag in the Indicated category, 0.575 g/t Au and 15.02 g/t Ag in the Inferred category). At a gold price of $1,500/oz and a silver price of $18/oz, the pre-tax IRR was calculated at 89% and the NPV was $53M. At current gold and silver prices, the economics are expected to be significantly better. Seven additional targets remain to be explored on the property, including the Opal Ridge zone which may be the down-faulted extension of the main zone. Ongoing mine permitting and baseline studies have been undertaken by Star Gold over the past few years, and it is estimated that these could take another 2 years while exploration continues on the property. About Scossa Mine Property This historic property in NW Pershing County consists of a mix of 50 mining claims and private lands totalling 541 hectares (1,336.8 acres) that cover the former high-grade Scossa gold mine. It lies at the intersection of the Sleeper Mine trend and the Rye Patch trend. The mine exploited 4 adjacent, parallel epithermal veins 300 to 550 m long, and several shorter offshoot veins, and operated from the 1930s to the early 1940s when it shut down due to the war. The ore averaged over 1 oz/t Au and mining progressed only as deep as the 400 ft. (122 m) level; similar deposits in the region were typically mined to depths of around 1,200 ft. (366 m). Romios undertook a diamond drilling program in 2000 and Reverse Circulation drilling programs in 2003 and 2006, intersecting gold mineralization in several shallow holes (e.g., 3.35 m @ 180.2 g/t Au). Large sections of multiple veins have not been drilled as yet. A 3D model of the past drilling and underground workings was completed by Rangefront Mining Services on Romios' behalf in 2022. This model indicates that there is excellent potential for a substantial high-grade gold shoot at shallow levels down-plunge to the south of the old workings on the main vein, in the vicinity of Romios drill intersections. Records of past work on the adjacent 4 parallel veins are too incomplete to allow for a robust model but the Company's recent surface sampling, geological observations and limited past drilling suggest that these veins also have good potential for high-grade shoots above the paleo-boiling zone level (where gold begins to precipitate in epithermal systems). The presence of 'angel-wing' bladed calcite replaced by silica in exposures at the base of the main hill suggest that there is at least 150 m of potentially mineralized veins above this paleo-boiling zone level, in addition to the likely significant extent of mineralized boiling zone material below these exposures (based on the numerous old shafts and workings at this level). About Kinkaid Property The Kinkaid property consists of 139 claims covering approximately 1,101 hectares (2,720 acres) in Mineral County and the Walker Lane mineral/tectonic belt of southern Nevada and are largely road accessible. The property encompasses an anomalous cluster of dozens of small-scale former mines and exploration workings that exploited high-grade Au-Cu+/-Ag vein deposits and several tungsten+/-gold skarn deposits with a locally apparent epithermal Au-Ag overprint. Impressive assays ranging from trace to 16.55% Cu, 78.16 g/t Au, 1,725 g/t Ag, 6.9% Zn and elevated Sb, Te, Co, Pb and barium assays have been returned from Romios' chip and grab samples. Historic mining operations extended over strike lengths up to 500 m in some cases and apparently largely ceased by the 1940s. The vein deposits are clustered in several discoloured, altered areas ~1 km across within an overall 3 km wide area, are typically accompanied by strong sericite alteration, and exhibit a positive correlation between copper and gold grades; together these features suggest that the veins are developed in the upper part of a porphyry copper type system. The skarns immediately to the north of the vein clusters are surrounded by a prominent metamorphic aureole ~1 km wide, a further indication of buried intrusions at shallow depths on these claims. The recent discovery of numerous copper rich skarn boulders assaying from 0.73% to 13.3% Cu on the adjacent KIN claims may be indicative of another intrusive centre on those claims. Qualified Persons The technical information in this news release pertaining to the Scossa and Kinkaid properties has been reviewed and approved by John Biczok, P. Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101. In addition to his extensive experience with several major mining companies exploring for a wide variety of ore deposit types across Canada and India, Mr. Biczok spent 12 years conducting exploration and research at the Musselwhite gold mine in NW Ontario. The technical information in this news release pertaining to the Longstreet Property has been reviewed and approved by Reinis N. Sipols PE, Managing Director Pack Leader Services LLC and a Qualified Person as defined by National Instrument 43-101 (MMSA #01440 QP). Mr. Sipols has extensive operational, engineering and exploration experience with several major mining companies in the United States, Mr. Sipols is the Project Manager and has spent over 12 years developing, designing, and permitting the Longstreet Project of Stargold near Tonopah, Nevada. About Star Gold Corporation: Star Gold Corporation is a leading mining company based in Nevada, dedicated to the exploration and development of high-quality mineral properties. With a strong commitment to sustainable practices and community engagement, Star Gold Corporation aims to deliver long-term value to its shareholders and stakeholders by building high grade resources in Nevada. Star Gold Corp is listed on the OTC Markets (OTCQB: SRGZ). For more information: About Romios Gold Resources Inc.: Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the 'Golden Triangle' of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ('Copperhead') whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC. For more information, please click here for Romios' website. Romios has 264 million common shares outstanding, 284 million shares fully diluted. This News Release contains forward-looking statements which are typically preceded by, followed by or include the words 'believes', 'expects', 'anticipates', 'estimates', 'intends', 'plans' or similar expressions. Forward-Looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) do not accept responsibility for the adequacy or accuracy of this release. For further information, please contact:
Yahoo
28-02-2025
- Business
- Yahoo
Star Gold and Romios Gold Announce Letter of Intent Regarding Top Tier Nevada Gold/Silver/Copper Projects - The Scossa Mine and Kinkaid Properties
Coeur d'Alene, Idaho and Toronto, Ontario--(Newsfile Corp. - February 28, 2025) - Star Gold Corp. (OTCQB: SRGZ) ("Star Gold") and Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold") are pleased to announce their intent to enter into a share purchase agreement (the "Share Purchase Agreement") ") to acquire all issued and outstanding shares of Romios' wholly owned affiliate Romios Gold Nevada Inc. which includes all the rights and interests in the Scossa Mine Property (the "Scossa Property"), and Kinkaid Property (the "Kinkaid Property"). "Romios has been focussed on identifying the right partner to move these exceptional projects forward, and I believe that partnering with Star Gold is going to produce significant benefits for Romios' shareholders as we take on a large ownership in Star Gold and work towards building value at all three projects," said Stephen Burega, CEO and President of Romios. "This strategic partnership will allow for the creation of a multi-facetted Nevada story with a clear focus towards near-term production." "We are very excited to complete this strategic acquisition of the Scossa and Kinkaid properties," said Lindsay Gorrill, Chairman of Star Gold. "Scossa and Kinkaid complement our existing near-term production Longstreet property as we build a portfolio of high-quality projects in Nevada." General Terms of Transaction: Star Gold will reorganize and complete a share roll-back of the current issued and outstanding capital of the Purchaser, on a 10-1 basis, such that the total number of shares outstanding will be approximately 13,589,069. Closing of the Share Purchase Agreement shall not occur prior to the closing of a capital raise of not less than one million, five hundred thousand dollars (USD$1,500.000). The share distribution of Star Gold (OTCQB: SRGZ) at the time of Closing, prior to any financing: Romios Gold - 20,383,604 (60.00%) Star Gold - 13,589,069 (40.00%) Total O/S: 33,972,673 (100.00%) The Parties will use their reasonable commercial efforts to finalize the Share Purchase Agreement by March 14, 2025 ("Agreement Date"), but in no event later than March 31, 2025 ("Definitive Agreement Deadline"). The Transaction is subject to TSX Venture Exchange and the US Securities and Exchange Commission (SEC) approval. Both Companies will work diligently to move forward through final due diligence and completion of the definitive Share Purchase Agreement within the timelines as set forth in today's announced Letter of Intent. About Longstreet PropertyThe Longstreet Property comprises 125 mineral claims covering approximately 1,012 ha (2,500 acres) in Nevada's Walker Lane, approximately 30 miles east of Round Mountain where historically more than 15 million oz of gold have been produced. The main Au-Ag zone at Longstreet is about 325 m long, 200 m wide, and 3 to 85 m thick. It is developed on the edges of a collapsed caldera within Oligocene felsic welded tuffs and consists of Au-Ag bearing quartz veins and hydrothermally altered, brecciated and pyritized zones. Two NI 43-101 reports in 2013 and then again in 2021 determined an in-pit Indicated + Inferred resource estimate of 101,100 oz Au and 2,459,000 oz Ag (at grades of 0.636 g/t Au and 15.55 g/t Ag in the Indicated category, 0.575 g/t Au and 15.02 g/t Ag in the Inferred category). At a gold price of $1,500/oz and a silver price of $18/oz, the pre-tax IRR was calculated at 89% and the NPV was $53M. At current gold and silver prices, the economics are expected to be significantly better. Seven additional targets remain to be explored on the property, including the Opal Ridge zone which may be the down-faulted extension of the main zone. Ongoing mine permitting and baseline studies have been undertaken by Star Gold over the past few years, and it is estimated that these could take another 2 years while exploration continues on the property. About Scossa Mine PropertyThis historic property in NW Pershing County consists of a mix of 50 mining claims and private lands totalling 541 hectares (1,336.8 acres) that cover the former high-grade Scossa gold mine. It lies at the intersection of the Sleeper Mine trend and the Rye Patch trend. The mine exploited 4 adjacent, parallel epithermal veins 300 to 550 m long, and several shorter offshoot veins, and operated from the 1930s to the early 1940s when it shut down due to the war. The ore averaged over 1 oz/t Au and mining progressed only as deep as the 400 ft. (122 m) level; similar deposits in the region were typically mined to depths of around 1,200 ft. (366 m). Romios undertook a diamond drilling program in 2000 and Reverse Circulation drilling programs in 2003 and 2006, intersecting gold mineralization in several shallow holes (e.g., 3.35 m @ 180.2 g/t Au). Large sections of multiple veins have not been drilled as yet. A 3D model of the past drilling and underground workings was completed by Rangefront Mining Services on Romios' behalf in 2022. This model indicates that there is excellent potential for a substantial high-grade gold shoot at shallow levels down-plunge to the south of the old workings on the main vein, in the vicinity of Romios drill intersections. Records of past work on the adjacent 4 parallel veins are too incomplete to allow for a robust model but the Company's recent surface sampling, geological observations and limited past drilling suggest that these veins also have good potential for high-grade shoots above the paleo-boiling zone level (where gold begins to precipitate in epithermal systems). The presence of "angel-wing" bladed calcite replaced by silica in exposures at the base of the main hill suggest that there is at least 150 m of potentially mineralized veins above this paleo-boiling zone level, in addition to the likely significant extent of mineralized boiling zone material below these exposures (based on the numerous old shafts and workings at this level). About Kinkaid PropertyThe Kinkaid property consists of 139 claims covering approximately 1,101 hectares (2,720 acres) in Mineral County and the Walker Lane mineral/tectonic belt of southern Nevada and are largely road accessible. The property encompasses an anomalous cluster of dozens of small-scale former mines and exploration workings that exploited high-grade Au-Cu+/-Ag vein deposits and several tungsten+/-gold skarn deposits with a locally apparent epithermal Au-Ag overprint. Impressive assays ranging from trace to 16.55% Cu, 78.16 g/t Au, 1,725 g/t Ag, 6.9% Zn and elevated Sb, Te, Co, Pb and barium assays have been returned from Romios' chip and grab samples. Historic mining operations extended over strike lengths up to 500 m in some cases and apparently largely ceased by the 1940s. The vein deposits are clustered in several discoloured, altered areas ~1 km across within an overall 3 km wide area, are typically accompanied by strong sericite alteration, and exhibit a positive correlation between copper and gold grades; together these features suggest that the veins are developed in the upper part of a porphyry copper type system. The skarns immediately to the north of the vein clusters are surrounded by a prominent metamorphic aureole ~1 km wide, a further indication of buried intrusions at shallow depths on these claims. The recent discovery of numerous copper rich skarn boulders assaying from 0.73% to 13.3% Cu on the adjacent KIN claims may be indicative of another intrusive centre on those claims. Qualified Persons The technical information in this news release pertaining to the Scossa and Kinkaid properties has been reviewed and approved by John Biczok, P. Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101. In addition to his extensive experience with several major mining companies exploring for a wide variety of ore deposit types across Canada and India, Mr. Biczok spent 12 years conducting exploration and research at the Musselwhite gold mine in NW Ontario. The technical information in this news release pertaining to the Longstreet Property has been reviewed and approved by Reinis N. Sipols PE, Managing Director Pack Leader Services LLC and a Qualified Person as defined by National Instrument 43-101 (MMSA #01440 QP). Mr. Sipols has extensive operational, engineering and exploration experience with several major mining companies in the United States, Mr. Sipols is the Project Manager and has spent over 12 years developing, designing, and permitting the Longstreet Project of Stargold near Tonopah, Nevada. About Star Gold Corporation:Star Gold Corporation is a leading mining company based in Nevada, dedicated to the exploration and development of high-quality mineral properties. With a strong commitment to sustainable practices and community engagement, Star Gold Corporation aims to deliver long-term value to its shareholders and stakeholders by building high grade resources in Nevada. Star Gold Corp is listed on the OTC Markets (OTCQB: SRGZ). For more information: About Romios Gold Resources Inc.:Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the "Golden Triangle" of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ("Copperhead") whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC. For more information, please click here for Romios' website. Romios has 264 million common shares outstanding, 284 million shares fully diluted. This News Release contains forward-looking statements which are typically preceded by, followed by or include the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-Looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) do not accept responsibility for the adequacy or accuracy of this release. For further information, please contact: Lindsay Gorrill, Chairman, Star Gold Corp. - 208-664-5066 or lgorrill@ Stephen Burega, CEO & President, Romios Gold - 647-515-3734 or sburega@ To view the source version of this press release, please visit
Associated Press
28-02-2025
- Business
- Associated Press
Romios Gold Exhibiting at PDAC 2025 and Invites Shareholders and Delegates to Re-Discover Romios at Booth 2717
Toronto, Ontario--(Newsfile Corp. - February 28, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ('Romios Gold' or the 'Company') is pleased to announce that it will be exhibiting at the annual 2025 Prospectors & Developers Association of Canada Convention (PDAC), the world's premier mineral exploration & mining event. We invite all our shareholders and conference delegates to visit us at booth #2717. The in-person event will be held at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 nd to Wednesday, March 5 th, 2025. Romios' CEO and President, Mr. Stephen Burega and Vice - President, Exploration John Biczok are looking forward to discussing with shareholders and attendees the exciting results from the past 2 years' work on several of the Company's major projects, including: HIGHLIGHTS At the Kinkaid property in Mineral County, Nevada, recent work at the Honeycomb Hill prospect has reinforced the Company's belief that this prospect is just one of several potential porphyry Cu-Au-Ag centres on the property ( Press Release Oct. 8, 2024): The apparent porphyry copper centre and overlying epithermal to mesothermal base and precious metal rich vein system has now been expanded to an area >450 x 450 m with the discovery of numerous historic underground mine workings and highly mineralized trenches. The mineralized zones are surrounded by broad, pervasive sericitic alteration zones and appear to trend under younger, overlying volcanics to the south. The largest old mine workings consist of a 70 m long series of 4 adits and underground workings at Honeycomb Hill itself, and these have returned assays ranging from trace amounts to 78.16 g/t Au, 12.1% Cu and 575 g/t Ag. Field work on the adjacent KIN claim block in 2024 located numerous copper-rich boulders along the same creek bed that returned a series of 9 outstanding assays in 2023: 0.73% to 13.3% Cu as well as one magnetite sample with 12.7 g/t Au ( Press release Oct 8, 2023). The 2024 sample geology has now confirmed that the mineralized rocks are primarily garnet-epidote skarns, suggesting that the causative pluton is likely quite shallow in this area, and helped define the potential source area ( Press release Aug 27, 2024). Follow-up is planned in the spring of 2025. At the Scossa mine site, a former high-grade gold (>1 oz/t Au) producer in Pershing County, Nevada, a 3D model completed in 2022 has outlined a potential high-grade ore shoot at shallow depths down plunge from the old workings on the main vein. This remains a high-priority drill target, along with the boiling zone levels of the 4 parallel veins. Exploration in 2023 located a new showing that assayed 10.2 g/t Au across a 1 m wide, partially exposed quartz vein, 300 m along strike from the nearest historic workings ( see press release July 13, 2023). Field work on this new discovery is planned for the spring of 2025. Qualified Person The technical information in this news release has been reviewed and approved by John Biczok, P. Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101. In addition to his extensive experience with several major mining companies exploring for a wide variety of ore types across Canada and India, Mr. Biczok spent 12 years conducting exploration and research at the Musselwhite gold mine in NW Ontario. For more information, please click here for Romios' website. About Romios Gold Resources Inc. Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the 'Golden Triangle' of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and the Scossa mine property in Nevada which is a former high-grade gold producer. The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ('Copperhead') whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC. Romios has 264 million common shares outstanding, 284 million shares fully diluted. To book a one-on-one 30-minute Zoom video call, please click here. For further information, please contact:
Yahoo
28-02-2025
- Business
- Yahoo
Romios Gold Exhibiting at PDAC 2025 and Invites Shareholders and Delegates to Re-Discover Romios at Booth 2717
Toronto, Ontario--(Newsfile Corp. - February 28, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") is pleased to announce that it will be exhibiting at the annual 2025 Prospectors & Developers Association of Canada Convention (PDAC), the world's premier mineral exploration & mining event. We invite all our shareholders and conference delegates to visit us at booth #2717. The in-person event will be held at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2nd to Wednesday, March 5th, 2025. Romios' CEO and President, Mr. Stephen Burega and Vice - President, Exploration John Biczok are looking forward to discussing with shareholders and attendees the exciting results from the past 2 years' work on several of the Company's major projects, including: HIGHLIGHTS At the Kinkaid property in Mineral County, Nevada, recent work at the Honeycomb Hill prospect has reinforced the Company's belief that this prospect is just one of several potential porphyry Cu-Au-Ag centres on the property (Press Release Oct. 8, 2024): The apparent porphyry copper centre and overlying epithermal to mesothermal base and precious metal rich vein system has now been expanded to an area >450 x 450 m with the discovery of numerous historic underground mine workings and highly mineralized trenches. The mineralized zones are surrounded by broad, pervasive sericitic alteration zones and appear to trend under younger, overlying volcanics to the south. The largest old mine workings consist of a 70 m long series of 4 adits and underground workings at Honeycomb Hill itself, and these have returned assays ranging from trace amounts to 78.16 g/t Au, 12.1% Cu and 575 g/t Ag. Field work on the adjacent KIN claim block in 2024 located numerous copper-rich boulders along the same creek bed that returned a series of 9 outstanding assays in 2023: 0.73% to 13.3% Cu as well as one magnetite sample with 12.7 g/t Au (Press release Oct 8, 2023). The 2024 sample geology has now confirmed that the mineralized rocks are primarily garnet-epidote skarns, suggesting that the causative pluton is likely quite shallow in this area, and helped define the potential source area (Press release Aug 27, 2024). Follow-up is planned in the spring of 2025. At the Scossa mine site, a former high-grade gold (>1 oz/t Au) producer in Pershing County, Nevada, a 3D model completed in 2022 has outlined a potential high-grade ore shoot at shallow depths down plunge from the old workings on the main vein. This remains a high-priority drill target, along with the boiling zone levels of the 4 parallel veins. Exploration in 2023 located a new showing that assayed 10.2 g/t Au across a 1 m wide, partially exposed quartz vein, 300 m along strike from the nearest historic workings (see press release July 13, 2023). Field work on this new discovery is planned for the spring of 2025. Qualified Person The technical information in this news release has been reviewed and approved by John Biczok, P. Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101. In addition to his extensive experience with several major mining companies exploring for a wide variety of ore types across Canada and India, Mr. Biczok spent 12 years conducting exploration and research at the Musselwhite gold mine in NW Ontario. For more information, please click here for Romios' website. About Romios Gold Resources Inc. Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the "Golden Triangle" of British Columbia. Additional interests include the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and the Scossa mine property in Nevada which is a former high-grade gold producer. The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ("Copperhead") whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC. Romios has 264 million common shares outstanding, 284 million shares fully diluted. For more information, visit As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (Twitter, Facebook, LinkedIn) please feel free to send direct messages. To book a one-on-one 30-minute Zoom video call, please click here. For further information, please contact: Stephen Burega, CEO & President - 647-515-3734 or sburega@ John Biczok, P. Geo., VP Exploration - 613-410-7877 or jbiczok@ To view the source version of this press release, please visit Sign in to access your portfolio
