TORONTO, ONTARIO–(Marketwire – June 2, 2011) – The management of Romios Gold Resources Inc.(TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) is pleased to announce that it has commenced the 2011 exploration program on its Trek, Dirk and Newmont Lake properties located in northwestern British Columbia, described in detail in a press release dated May 5, 2011. The program, estimated to cost approximately $6.0 million, will initially utilize two drills and consist of approximately 10,200 metres of diamond drilling on the Trek property, 1,200 metres on the Dirk property, and 400 metres on the Newmont Lake property. Drilling on both the North and Tangle zones on the Trek property will target IP and MT anomalies identified by recent Quantec Titan-24 geophysical surveys commissioned by Romios. (Press Release November 4, 2010).
Ground geophysical surveys are in progress on both the Trek and Dirk properties, and airborne geophysical surveys have begun over the Dirk and new Andrei properties.
Systematic prospecting and reconnaissance-type geochemical sampling will be carried out along the 35 kilometer long Stikine VMS belt located on Romios’ Newmont Lake property, recently described as, “an active VMS mineralizing system of regional extent” and called the “Last Frontier of the Golden Triangle,” by the British Columbia Ministry of Mines. (Press Release dated March 3, 2011; Mihalynuk et al., 2011).
The technical information contained in this press release has been reviewed and approved by Mr. Thomas Skimming, P.Eng., Director and VP of Exploration for Romios Gold Resources Inc. and a qualified person as defined by National Instrument 43-101.
About Romios Gold Resources Inc.
Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto 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.
Exchange Listings and Symbols: (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R)
Cautionary Note Regarding Forward-Looking Statements:
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Romios Gold Resources Inc.
Tom Drivas
President and Director
416-221-4124
416-218-9772 (FAX)
Romios Gold Resources Inc.
Mel de Quadros, Ph.D., P.Eng.
Director
416-668-6145
Romios Gold Resources Inc.
Michael D’Amico
CFO, Investor Relations
647-500-6023
Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
416-221-4124
416 218-9772 (FAX)
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