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Romios Gold Resources Inc V.RG

Alternate Symbol(s):  RMIOF

Romios Gold Resources Inc. is a Canadian mineral exploration company. It is engaged in precious- and base-metal exploration, focused on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus four additional claim blocks in northwestern Ontario and extensive claim holdings covering several porphyry copper-gold prospects in the Golden Triangle of British Columbia. Its 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). It also has an interest in several properties, including a 20% carried interest in five of Honey Badger Mining's claim blocks in the Thunder Bay silver district of northwestern Ontario; a 2% net smelter return (NSR) on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC.


TSXV:RG - Post by User

Bullboard Posts
Post by BSCasinoon Jan 06, 2010 10:46am
418 Views
Post# 16644024

From NG news Release...

From NG news Release...At its 50%-owned Galore Creek project in northern British Columbia, NovaGold and Teck are considering a more aggressive program for 2010 to advance the project toward a construction decision. The Galore Creek deposit contains 8.9 billion pounds of copper, 7.3 million ounces of gold and 123 million ounces of silver in measured and indicated resources, making it one of the largest undeveloped copper-gold deposits in North America. The Provincial and Federal governments recently announced support to build a power line along Hwy 37 to Bob Quinn, which is the starting point of the Galore Creek access road. Given the continued strength of the copper and gold markets, NovaGold expects to release a new mine plan for the project in early 2010 that will include updated economics using higher copper and gold prices and an optimized project design.
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