Mr. Tom Drivas reports
ROMIOS ANNOUNCES APPOINTMENT OF CHIEF OPERATING OFFICER
Frank van de Water, a director and chairman of the audit committee, has been appointed as chief operating officer of Romios Gold Resources Inc., subject to acceptance by the TSX Venture Exchange. Mr. van de Water has been granted 250,000 officer stock options exercisable at 10 cents per share for five years under the company's stock option plan.
Mr. van de Water holds a BComm from Concordia University, Montreal, and is a Canadian CPA, CA. He has been involved in international mining, metals and resource companies in North America and Latin America, Europe, Asia, and Africa. He spent two years as the finance director of one of the largest metal dealers on the London Metal Exchange and has about 40 years experience in the mining industry. Mr. Van de Water has been a director of Romios since July, 2007.
Corporate update
The 2012 summer drill program at the Ken zone of the Newmont Lake project, British Columbia, encountered significant Scandium mineralization in addition to the targeted gold and copper. The news release on Nov. 13, 2012, referred to the drill results, including an intersection of 198 metres averaging 0.23 gram per tonne (g/t) gold (Au) and 32.67 g/t scandium. Scandium is very scarce, and is used as an alloying agent in aerospace, solar cells, fuel cells and high intensity lamps. In a processed format, scandium oxide is extremely valuable. The company is following up this new aspect of mineralization with metallurgical testing to assess the significance of the scandium discovery.
Other recent activity has been in the Timmins, Ont., gold camp where drill results from 2012 are currently being analyzed.
The company is currently in the process of planning its 2013 exploration activities as well as investigating a number of other options and will be announcing any significant developments in due course.
The technical information contained in this press release has been reviewed and approved by Thomas Skimming, PEng, vice-president, exploration, and director, and a qualified person as defined by National Instrument 43-101.
We seek Safe Harbor.
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