Romios Gold Resources Inc. (TSXV: RG, OTCQB: RMIOF, FRA: D4R) is a Canadian mineral exploration company focused on copper, gold, and silver exploration in North America with a primary focus on assets in the prolific gold producing state of Nevada, USA.
Nevada is one of top mining jurisdictions and is ranked the 4th largest gold producer in the world, and is a priority for Romios due to their asset’s significant unrealized mineral potential, and the fact that each asset is road accessible for cost-effective, year-round operations.
Romios holds two projects in Nevada in classic mining jurisdictions and has already identified mineralized zones with visible gold within extensive vein systems at their Scossa Mine Project where historic drill programs intersected ‘Bonanza’ grades over multiple metres. The Scossa Mine Project covers a former high-grade gold mine which was in production from 1930-1941.
The Company also holds the Kinkaid Project which has dozens of old mine workings and prospect pits from the 1930s and ‘40s. Romios’ recent sampling programs returned high-grade results from multiple sites with up to 7.39% copper, 33.7 g/t Au, and 1,725 g/t silver. The project is at an early stage of exploration, however, early assay results have been extremely encouraging.
In addition, the Company holds significant assets in the ‘Golden Triangle’ of British Columbia, in much the same geology and along many of the trends as Brucejack, Eskay and Galore Creek. Field work has revealed excellent gold potential, along with copper mineralization in likely porphyry structures.
In Ontario, the Company holds extensive claims surrounding Newmont’s massive Musselwhite gold mine, and has had impressive drill results including an intercept of 4.75 m @ 8.64 g/t Au.
The Company is currently exploring partnership opportunities with potential suitors to develop these two large-scale exploration projects in Canada.
The Company also retains an ongoing interest through partnerships in several properties including a 20% carried interest in five of Honey Badger Mining’s claim blocks in the Thunder Bay Silver District of North Western Ontario; 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 British Columbia.
Romios has signed a definitive agreement with Copperhead Resources Inc., whereby Copperhead can acquire a 75% ownership interest in Romios’s Red Line Project in British Columbia.