Fig. 3: Infrastructure in the area of the Trek South Project is significant<\/figcaption><\/figure>\nRomios holds two projects in Nevada in classic mining camps and has already identified visible gold within extensive vein systems at the Scossa Mine Project where its past drill programmes intersected \u2018Bonanza\u2019 grades over multiple metres. The Scossa Mine Project is centred on a former high-grade gold mine which was in production from 1930-1941.<\/p>\n
Additionally, the company recently staked a new property in the Walker Lane Trend called the Kinkaid Project, and early reconnaissance programmes have returned very exciting high-grade copper, gold, and silver grab samples.<\/p>\n
Former high-grade gold producer: Scossa Mine Project<\/h3>\n The Scossa Mine is a former high-grade gold producer that began operations in the early 1930s and closed during the Second World War in 1941. It produced high-grade ore from five epithermal veins in faults up to six feet wide and is located at the intersection of two major gold belts: the Sleeper Trend and the Sulfur-Lovelock-Austin Trend \/ Rye Patch Trend.<\/p>\n
The average grade of material mined during its 11 years of operations was over 1 oz\/t Au. In fact, some ore was so rich it did not require processing and was stored directly in the bank vault in Lovelock.<\/p>\n
Mining was restricted to the upper 120m of the system due to limitations in technology at the time, however, the geology of similar deposits nearby suggests there could be an additional more than 300m of potential ore left beneath the old workings. Some of these parallel veins are just under 500m long, but were only mined in small sections before mining stopped at the beginning of the Second World War. Since that time, ten additional veins that have never been tested by drilling have been identified.<\/p>\n
Bonanza grade intercepts with tremendous potential<\/h3>\n Romios has held the Scossa Mine Project since 1999, and the company\u2019s first DDH drill campaign in 2000 hit some Bonanza grade intercepts including:<\/p>\n
\n3.35 m @ 180.2 g\/t Au, 4.0 g\/t Ag;<\/li>\n 1.98 m @ 268 g\/t Au, 21.8 g\/t Ag; and<\/li>\n 1.51 m @ 62.49 g\/t Au, 73.4 g\/t Ag.<\/li>\n<\/ul>\nDuring the following years, two small RC drill programmes in 2004 and 2006 were undertaken to test the depth potential of the system, leaving the previously identified near-surface high-grade mineralisation to be tested at a later time.<\/p>\n
Assays of up to 23 g\/t gold and 99 g\/t silver at surface<\/h3>\n Sampling along all exposed veins, dumps, pits, etc. has helped to define the many potential ore shoots and has further confirmed the significant potential of the Scossa Project. A 3D model of the former underground workings was recently commissioned to help develop a drill programme to assess the high-grade potential of Scossa. This model shows a number of obvious targets, including an untested area with high potential for significant mineralisation immediately down-plunge at shallow levels from the historic workings.<\/p>\nFig. 4: Cross-section of planned core drilling at the Scossa gold vein project<\/figcaption><\/figure>\nDiamond drilling planned for 2023<\/h3>\n In 2023, Romios plans to deploy a diamond drill at Scossa to follow-up, test, and expand the Bonanza intercepts from 2000. A planned fence of holes will be drilled across the Scossa vein network to locate the paleo-boiling zone, which represents the base of the high-grade mineralisation, and to then test the expected high-grade zones above that base. A total of up to 2,000m will be drilled to test the veins below the 120m level where former operations ended in 1941, as well as the extensive shallow portions of the veins above the boiling zone that were not mined in the past but show signs of mineralised shoots.<\/p>\n
Management Team<\/h3>\n Stephen Burega – President, CEO and Director<\/strong><\/p>\nBurega brings 13 years of management and operations experience in the mining and natural resources sectors, including corporate development and fundraising; joint venture due diligence including structure and negotiations; and management of public markets. His deep emerging markets background, along with a strong understanding of stakeholder management, social development, and structured community engagement and programming, also positions him well to lead Romios\u2019 First Nations community engagements.<\/p>\n
John Biczok P. Geo. – VP Exploration<\/strong><\/p>\nBiczok is a professional exploration geologist with over 40 years of experience in a wide range of ore deposit types, including many that are relevant to Romios\u2019 various mineral properties such as copper-gold skarns, massive sulphides, shear-hosted gold, iron formation-hosted gold and various exhalative type deposits (Pb-Zn, barite). Among his achievements was the discovery of a new ore zone at Musselwhite, initiation of the work that led to the discovery of the past-producing Brewery Creek gold deposit in the Yukon and leading the team that discovered the Monument Bay gold deposit in northern Manitoba.<\/p>\n
Early-stage blue-sky exploration at Kinkaid Project<\/h3>\n Found in southwestern Nevada within the Walker Lane Trend, Romios staked 109 claims that make up the Kinkaid Project in late 2021.<\/p>\n
Romios\u2019 initial reconnaissance work has identified dozens of old mine workings and prospect pits<\/a> that have returned high-grade results from numerous grab and chip samples with up to 7.39% copper, 33.7 g\/t gold, and 1,725 g\/t silver.<\/p>\nFig. 5: Significant high-grade copper-gold-silver results from grab samples on the Kinkaid Project<\/figcaption><\/figure>\nRediscover Romios<\/h3>\n Romios Gold sees 2023 as a year of opportunity to reintroduce the company and its core assets to a marketplace eager for new discoveries. The company now sits on a very large, newly discovered copper-gold-silver-tungsten target in the Golden Triangle of British Columbia, Canada, a region that has seen tremendous interest and investment over the past decade by many of the world\u2019s major producers. Romios also provides its shareholders with an opportunity to experience early-stage blue-sky exploration potential and a very clear and dedicated commitment to aggressively move forward with exploration on its high-grade gold and copper-gold projects in Nevada, which is one of the world\u2019s top mining jurisdictions.<\/p>\n
Please note, this article will also appear in the thirteenth edition of our\u00a0quarterly publication<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Mineral Exploration specialist Romios Gold has made significant progress with copper and gold exploration in Nevada.<\/p>\n","protected":false},"author":18,"featured_media":28996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204],"tags":[529,24335,24477],"acf":[],"yoast_head":"\n
Romios Gold: Furthering copper and gold exploration in North America<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n