Romios Gold Adds Third Drill for B.C. Exploration
TORONTO, ONTARIO -- (Marketwire) -- 07/14/11 -- Romios Gold Resources Inc. (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) ('Romios' or the 'Company') is pleased to announce that it has added a third drill to its drilling program in the Galore Creek area of northwestern British Columbia.
The drill, which arrived on site yesterday, will accelerate and expand the current 2011 summer exploration program on the Company's Trek, Dirk and Newmont Lake properties. The current program estimated to cost in excess of $6 million, is designed to test numerous anomalies identified in the 2010 Titan 24 geophysical survey and the recently completed ground geophysical survey on the Trek property (see press releases dated November 4, 2010 and July 12, 2011) as well as other targets on the Dirk and Newmont Lake properties.
This exploration program is the largest single season program undertaken by Romios and significant progress has been made to date. The results will be released as soon as they are received and analyzed by the Company.
The information in this news release has been reviewed and approved by Mel de Quadros, P.Eng, a Qualified Person in accordance with the Canadian regulatory requirements as set out in NI 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).
Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
Tel: 416-221-4124, Fax: 416 218-9772
Website: www.romios.com
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
Romios Gold Resources Inc.
Mel de Quadros, Ph.D., P.Eng.
Director
416-668-6145
ymirconsulting@gmail.com
Romios Gold Resources Inc.
Michael D'Amico
CFO, Investor Relations
647-500-6023
Michael@baystreetconnect.com
www.romios.com