Romios Acknowledges Canadian Environmental Assessment Agency Approval of Northwest Transmission Line Power Project
TORONTO, ONTARIO -- (Marketwire) -- 05/12/11 -- The management of Romios Gold Resources Inc. (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) is pleased to acknowledge the approval of the Northwest Transmission Line power project by the Canadian Environmental Assessment Agency of the Federal Government. This approval moves the project forward after the recent granting of an environmental certificate by the Provincial Environmental Assessment Office in February as outlined in our press release of March 2, 2011.
'This announcement continues to move the project toward the construction phase which will enhance the infrastructure for the development of the Golden Triangle of North-western British Columbia. It will enhance the probability of development of numerous resource projects, including the Romios projects in the Galore Creek and Newmont Lake areas' stated Tom Drivas, President of Romios.
The project is a 344 kilometre extension of the provincial power grid from Terrace to Bob Quinn Lake which is approximately 90 kilometres from the Romios projects.
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@romios.com
Michael D'Amico
CFO, Investor Relations
647-500-6023
Michael@baystreetconnect.com
Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
416-221-4124
416 218-9772 (FAX)
www.romios.com