Following the Romios Gold Resources gold-copper porphyry exploration potential in the Golden Triangle of BC

“The name Romios reminds me of the Roman Empire, so it will be interesting to see if Romios Gold can build their own golden empire in the Golden Triangle of BC or at one of their other North American precious metals projects. One to follow closely.”

Romios Gold Resources Inc. (TSXV: RG) (‘Romios’) has precious metal (gold, silver, copper, cobalt, molybdenum) projects spread across their numerous large tenements in North America. Their flagship and focus area is the ‘Golden Triangle’ in British Colombia (BC) where Romios holds an interest in 78,535 hectares. Three of Romios’ projects, Trek, Newmont Lake and JW, have gold-copper porphyry style mineralization, thereby holding significant exploration potential.

Romios’ strategy has been to acquire land next to major gold projects, especially in the Golden Triangle. Since late 2004, Romios has systematically acquired an extensive land position between NovaGold/Teck Resources’ and Barrick Gold’s properties.

The ‘Golden Triangle’ of British Columbia includes the world-class Eskay Creek, Galore Creek, and Brucejack deposits. The Golden triangle is known to have 152 million ounces of gold and growing.

Romios Gold Resources claims location in the gold rich ‘Golden Triangle’ of British Columbia, Canada

Romios Gold resources claims location in the gold rich 'Golden Triangle' of British Columbia, Canada

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Newmont Lake Project (currently optioned out to Crystal Lake Mining)

To minimize stock dilution, Romios’ Newmont Lake Project is being advanced through a 100% earn-in option to Crystal Lake Mining (TSXV: CLM) that includes an $8 million, three year exploration plan. If the agreement completes Romios will retain a 2% NSR, 12 million common shares of CLM, and cash payments. The Newmont Lake Project is well located in the Golden Triangle, BC. The Project has an existing NI 43-101 Inferred Resource for the Northwest Zone of 1.406 million tones, containing 200,000 oz Au, 6,790,000 lbs Cu, and 291,000 oz Ag. Romios is also developing a NI 43-101 resource for the high-grade surface mineralization at the ’72 Zone & Telena Zones (new discoveries in 2011), and the Ken Zone. Next will be a district-scale Preliminary Economic Assessment. The Project is located within 15 km of AltaGas’ McLymont River hydropower project.

Trek Project

Romios is developing a NI 43-101 resource at the North Zone of the Trek Project, within the Golden Triangle, BC. The Project is located near NovaGold-Teck Resources’ Galore Creek Project and proposed mill site. The Project has an approximate 5.0 km strike-length of mineralization along deep basement structures. Work in previous years included 35 drill holes that returned assays up to 131 metres @ 0.6% Cu, 0.39 g/t Au and 8.5 g/t Ag. Romios recently reported copper-gold discoveries of up to 1.4% Cu, 3.6 g/t Au and 48 g/t Ag.

Romios Gold Resources land showing the Trek Project and the Newmont Lake Project

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Romios’s full range of projects include:

Romios Gold Resources projects in North America – Gold, silver, copper, cobalt and molybdenum

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Romios Gold Resources Inc. has a lot going on and in several locations. Certainly the stock looks to be trading under investor’s radar with a market cap of only C$10m. The name Romios reminds me of the Roman Empire, so it will be interesting to see if Romios Gold can build their own golden empire in the Golden Triangle of BC or at one of their other North American precious metals projects. One to follow closely.




Roger Rosmus on Goliath Resources’ high-grade gold discovery in the Golden Triangle

“Of the four, two are the focus this year. One is where we have discovered a brand new gold-copper-molybdenum porphyry system – Lucky Strike property. Another one is the Golddigger property just south of Stewart, BC which is actually in the Golden Triangle (area), which is more of a VMS type of target for us…we are looking at high grade multi ounce silver and multi ounce gold…” States Roger Rosmus, Founder, CEO & Director of Goliath Resources Limited (TSXV: GOT | OTCQB: GOTRF), in an interview with InvestorIntel’s Tracy Weslosky.

Roger went on to say that Goliath is a project generator that has made multiple new discoveries this year. The company is focused on the prolific Golden Triangle and the surrounding area located in northwestern British Columbia. He said that the Golden Triangle has the potential for multiple returns on investment. Roger also said that over 67% of all Canadian gold production comes from orogenic hinge zone and veins. Goliath owns 10% of a project that has a discovery of orogenic hinge zone and multiple veins running one to five kilometers long and is very wide.

To access the complete interview, click here




Homestake’s Silver, Gold and Golden Triangle Advantage

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February 3, 2015 — Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel speaks to Joseph A. Kizis, Jr., M.S., B.S., P.Geo., President and Director of Homestake Resource Corp. (TSXV: HSR) on the impressive gold and silver resource in the Golden Triangle district. Additional conversation includes Homestake’s market cap, which is “about $1.00 an ounce” and the impressive background of management.

Tracy Weslosky: Joe we have a lot of people at InvestorIntel looking for the best gold advanced junior exploration plays out there. Of course, Homestake has an incredible deposit. Can you give us a bit of an overview?

Joseph A. Kizis: Sure. We have a deposit now, 43-101 resources of about 1.4 million ounces of gold equivalent. About two-thirds of that is gold and about one-third of that is silver.

Tracy Weslosky: So with a deposit this size, of course, you must have a substantial valuation. Can you tell us a little bit more about that?

Joseph A. Kizis: The market cap right now is about $1.00 an ounce so it’s incredibly well valued at this point.

Tracy Weslosky: So you’re one of those stocks that everybody should be looking at. If I recall, in a story we did on closeology advantages; you’re close to a number of other gold plays. Can you talk to us a little bit about your location?

Joseph A. Kizis: We’re at the southern end of what’s called The Golden Triangle. It’s called The Golden Triangle because of the fabulous deposits that have been discovered and mined there in the past. About 7 million ounces of gold, over 200 million ounces of silver has already been produced. The 43-101 resources for the mines in the area are substantial, over 100 million ounces of gold. It’s a fabulous district.

Tracy Weslosky: In addition to the valuation, the actual deposit, the management team here is substantial. I’d like to encourage people to look at your management team because, I mean, I think I read you got your masters at the Colorado School of Mines. You have quite a track record of actually, you know, finding silver and gold. Give us a little bit more of the background of management please.

Joseph A. Kizis: I’m a geologist. I have my master’s degree from the University of Colorado, my undergraduate from Kent State University. I’ve been in the exploration business now for going on forty years so I’ve been involved in a number of great discoveries and Homestake is one of them.

Tracy Weslosky: So, of course, between the valuation and the substantial deposit that we have here, it’s also my understanding that you might be entertaining the notion of a strategic partner to take Homestake to the next level. Can you tell us a little bit about that?

Joseph A. Kizis: Yes, we’re always looking for an appropriate and strategic partner. Ideally we’re looking for someone that is anxious to continue with the exploration success that we’ve had. We’ve doubled the resource since 2010. We think we can continue to expand our resource dramatically, but we’re really at a point where it’s time to bring in a company that has the experience to bring the property into production.

Tracy Weslosky: Of course, those of you that have followed the history of Homestake will appreciate that, you know, your previous partner was Agnico Eagle and you’ve got the property back now. Is that correct?

Joseph A. Kizis: That’s right. We have it back 100%. Now we’re investigating the possibility of bringing in another major partner…to hear the rest of this interview, click here

Disclaimer: Homestake Resources Corp. is an advertorial member of InvestorIntel.