- Romios Gold Resources Inc. (RG) discovers high-grade gold-copper-silver from assay collected in the fall at the Kinkaid Project in Nevada
- An unusual copper vein returned significant assays of high-grade gold-silver-copper
- The company will attempt to develop some of the showings into prospective drill targets
- Romios plans to undertake a program of detailed geological mapping and sampling across the Kinkaid property in 2022
- Romios Gold Resources Inc. (RG) is unchanged trading at $0.05 per share as of 11:31 a.m. EST
Romios Gold Resources (RG) has reported high-grade gold-copper-silver results from assay collected at the Kinkaid Project in Nevada.
An unusual copper vein from a small-scale historic mining operation returned significant assays of high-grade gold-silver copper.
John Biczok, Romios’ VP of Exploration, commented,
“Romios’ first-pass sampling program at Kinkaid has returned some very high-grade gold, silver and copper results… most of the past work on this property was done pre-World War II and much of it was literally scratching the surface where mineralization was exposed in outcrop.”
There is little evidence of any systematic exploration work done on the property to help define the extent of these zones at. However, the company expects it will be able to develop some of these high-grade showings into prospective drill targets.
Romios plans to undertake a program of detailed geological mapping and sampling across the Kinkaid property in 2022 with emphasis on the numerous mineralized showings. Ground magnetic surveys are expected to be particularly useful in tracing the skarn horizon targets under cover. Diamond drilling of several showings is anticipated.
The Kinkaid covers 2,252 acres in Mineral County, 18 km east of the town of Hawthorne, and are largely accessible by road.
Romios Gold Resources Inc. (RG) is unchanged trading at $0.05 per share as of 11:31 a.m. EST.