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Romios Gold Resources Inc
Symbol RG
Shares Issued 171,368,490
Close 2017-09-18 C$ 0.075
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Romios drills 1.4 m of 2.35% Cu at Lundmark-Akow Lake

2017-09-19 09:45 ET - News Release

Mr. Tom Drivas reports

ROMIOS INTERSECTS 2.35% CU, 1.4 G/T AU AND 68.2 G/T AG IN NEW MASSIVE SULPHIDE ZONE AT ITS LUNDMARK-AKOW PROPERTY

Romios Gold Resources Inc. has released the results of hole RGR-17-1, which was drilled to a length of 513 metres, at Atim Lake North on its Lundmark-Akow Lake project in Northwestern Ontario, approximately 18 kilometres north-northwest of Goldcorp's Musselwhite gold mine, to test a series of stacked electromagnetic (VTEM) conductors in the vicinity of the 1.5-kilometre-long Romios copper-gold zone discovered by Romios and tested initially by diamond drilling in 1998, 1999 and more recently in 2016.

The most notable mineralization that was encountered in hole RGR-17-1 was a zone of massive sulphides that was intersected from 299.2 to 301.1 metres (drill hole width of 1.90 metres, with a true width of 1.40 metres) which averaged 2.35 per cent copper, 1.4 grams per tonne gold and 68.2 g/t silver representing the weighted average of three contiguous samples. Three additional intervals of copper-gold mineralization were encountered in the hole associated with hydrothermally altered staurolite-garnet-biotite-sericite schists similar to those encountered in previous holes that were drilled to test the copper-gold enriched alteration zone approximately 1.5 to three km to the southeast. The details of these intersections are outlined in the table. All mineralized intercept assays are the weighted average of contiguous samples.

                  DRILL HOLE RGR-17-1 (MINERALIZED INTERVAL AND ASSAYS)

From (m)      To (m)  Drilled width (m)  True width (m)   Cu (%)  Au (g/t)   Ag (g/t)

96.55         98.75                2.2             1.6     0.58      0.24          -
100.95        106.3               5.35             3.9     0.38      0.34          -
159.0         161.7                2.7            1.97     0.28         -          -
299.2         301.1                1.9             1.4     2.35       1.4       68.2

Nine additional smaller zones of mineralized quartz veining/flooding are found scattered throughout the hole. These range from 0.13 to 0.75 m in drilled width and grade up to 0.29 per cent copper and 1.66 grams per tonne gold. The massive sulphide zone was intersected 200 m below surface and the three mineralized schist intervals were intersected at depths between 60 m and 110 m.

The host rocks are moderately siliceous and contain abundant tourmalinite imilar to that encountered in drill hole RGR-16-2 within the Romios copper-(gold) zone, which is now interpreted as a hydrothermal alteration pathway similar to those found beneath many massive sulphide deposits. The presence of mineralized staurolite-garnet-biotite-sericite schists, as well as tourmalinite with high copper-silver-(gold) values in both the massive sulphide horizon and the alteration pathway, indicates that the massive sulphide style horizon is very likely a product of this extensive alteration zone. The available geological evidence also suggests that this initial sulphide intersection is on the periphery of the mineralized horizon and that the potentially thicker and higher-grade core lies some distance away.

The Cu-Au-Ag massive sulphide style horizon is the first such discovery in the area and somewhat unique due to the presence of abundant tourmalinite in the sulphide zone as well as locally within the related alteration pathway. No significant alteration was found immediately adjacent to the sulphide horizon indicating that this intersection is most likely not part of the central core of the horizon (which is typically underlain by a prominent pipe-like zone of intense hydrothermal alteration in other deposits). The absence of an alteration pipe suggests that the mineralization discovered in the recent drill hole lies on the periphery of the sulphide horizon and there is good potential for the presence of the thicker, more central portion nearby. There is also a strong likelihood that additional zones of the lower-grade copper-(gold) mineralization occur within schists between this recent drill hole and the alteration pathway 200 m to the east.

A review of the most appropriate type of ground geophysical survey that might better define the extent and most favourable portions of the conductor related to the massive sulphide is now under way by Romios's geophysical consultant. It is currently anticipated that ground geophysical surveys will be conducted over the Atim Lake North area during the winter prior to any further drilling.

All samples were submitted to Activation Laboratories Ltd. in Thunder Bay, Ont., for assay. As a matter of procedure, a rigorous quality assurance and quality control program was implemented to ensure reliable assay results.

The technical information in this news release has been reviewed and approved by John Biczok, PGeo, consulting geologist for Romios, a qualified person as defined by National Instrument 43-101.

About Romios Gold Resources Inc.

Romios is a progressive Canadian mineral exploration company established in 1995 and is actively engaged in precious metal and base metal exploration, most recently focused on gold, silver and copper, on its properties in British Columbia, centrally located between Galore Creek Mining Corp.'s large copper-gold-silver deposit and Barrick's high-grade gold mine at Eskay Creek. Other property interests are in Northern Ontario, Quebec and Nevada.

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