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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
Comment by GoodAtChartson Nov 14, 2012 10:08pm
207 Views
Post# 20601955

RE: Equivilent

RE: Equivilent

""""Significant scandium mineralization was encountered essentially throughout drill hole KZ12-12. The assays over the entire length of the hole, 198.20 metres (650.25 feet), averaged 0.23g/t Au and 32.67 g/t Sc. Scandium enrichment is not visually detectable, and the hole was terminated while still in a scandium-rich zone.

- The 2011 prices for scandium oxide Sc2O3 of 99.999% purity is reported at US$5,200 per kilogram or US$5.20 per gram (USGS Mineral Commodity Summaries, Scandium 2012)."""""

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( Here is my estimate of the gold equivalent)

-Scandium is selling for approximately $5.20 per gram according to Google, so 32.6 gms per ton of scandium equals approximately $170.00 per ton of scandium credits-

-Gold is selling for approximately $60.00 per gram, so the gold equivalent would be about 2.8 grams per ton-

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Therefore 2.8 grams over 198 meters which is a whopping hole............

 

 

 

 

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