Romios Gold Resources (RG) is partnering with Dr. Pete Hollings of the Geology Department at Lakehead University in Thunder Bay, Ontario.
Graduate-level studies will be conducted on the gold and base metal occurrences on Romios’ Lundmark-Akow Lake project in NW Ontario.
In addition to the funding to be provided by Romios, this project has been awarded $100,000 in funding by the Natural Sciences and Engineering Research Council of Canada (NSERC).
“…we are very pleased to partner with a world-class researcher like Dr. Hollings and his students in our ongoing efforts to determine the origins and controls of this mineralization and potentially locate additional gold and base metal zones,” said John Biczok, P.Geo., Romios’ VP-Exploration.
“Romios is providing great support for our students and we look forward to continuing this collaboration,” added Dr. Pete Hollings, NOHFC Industrial Research Chair in Mineral Exploration.
The Lundmark-Akow Lake project, located 18 km north of Newmont’s giant Musselwhite gold mine in NW Ontario, covers a variety of mineralized prospects including at least three VMS (volcanogenic massive sulphide) style base metal zones, a high-grade gold-quartz vein (8.64 g/t Au over 4.75 m), and an unusual series of “epithermal-looking”, locally gold-bearing calcite veins up to 7.5 m wide.
The new research program will focus on the VMS system and the gold-bearing calcite vein system.
The 2021 drilling intersected more of these unusual veins up to 2.3 m wide in three holes, assays are pending.
The second part of the research program will focus on the mineralogy, conditions of formation (pressure, temperature, fluid chemistry, etc.), and the controls on the gold mineralization in these veins.
This work is expected to aid Romios in determining the local and regional potential of these veins and any relationship to the gold-bearing quartz veins.
Romios Gold Resources is a Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver.
It has a 100 per cent interest in the Lundmark-Akow Lake gold-copper property in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the “Golden Triangle” of British Columbia.
Romios Gold Resources Inc. (RG) is in the grey, trading at C$0.04 at 10:12 am EST.