In a recent InvestorIntel interview, Chris Thompson spoke with Stephen Burega, President of Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) about receiving the final C$1 million cash payment from Enduro Metals and about acquiring 140 claims immediately along the strike from Newmont’s giant Musselwhite gold mine in Ontario.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Stephen Burega provided an update on the acquisition of significant gold-silver-copper prospects in Nevada on which they have already identified over a dozen targets. He went on to explain how Romios Gold has been able to identify low-cost and interesting acquisition targets with potential upsides in both Ontario and Nevada.

To watch the full interview, click here

About Romios Gold Resources Inc.

Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property and 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the “Golden Triangle” of British Columbia. Additional interests include two former producers, the La Corne molybdenum mine property (Quebec), a former high-grade gold producer – the Scossa mine property (Nevada), and the Kinkaid Nevada claims covering numerous Au-Ag-Cu workings. The Company also retains an ongoing interest in several properties including a 20% carried interest in five of Honey Badger Mining’s claim blocks in the Thunder Bay silver district of northwestern Ontario; a 2% NSR on McEwen Mining’s Hislop gold property in Ontario; and a 2% NSR on the Newmont Lake Au-Cu-Ag property in BC now owned by Enduro Metals Corp.

To learn more about Romios Gold Resources Inc., click here.

Disclaimer: Romios Gold Resources Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].

In a recent InvestorIntel interview, Chris Thompson spoke with Stephen Burega, President of Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) about identifying two new banded iron formations on Romios’ Lundmark-Akow Lake Project, which are similar in nature to Newmont’s giant Musselwhite gold mine.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Stephen Burega provided an update on Romios’ properties in the Golden Triangle where they have already identified two copper-gold porphyry targets, and are on the way to identifying a third one. He also provided an update on  other properties in Romios’ portfolio, which are in the vicinity of existing mines and deposits, owned or operated by major mining companies.

To watch the full interview, click here

About Romios Gold Resources Inc.

Romios Gold Resources Inc. is a progressive, mineral exploration, Canadian company engaged in precious- and base-metal exploration. It is focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake gold-copper property in northwestern Ontario and it has extensive claim holdings covering several significant porphyry copper-gold prospects in the “Golden Triangle” of British Columbia. Additionally, the company has interests including two former producers, the La Corne molybdenum mine property (Quebec) and a former high-grade gold producer, the Scossa mine property (Nevada). The Company also retains an ongoing interest in several properties including a 20% carried interest in five claim blocks in the Thunder Bay silver district of northwestern Ontario; and a 2% NSR on the Hislop gold property in Ontario.

To learn more about Romios Gold Resources Inc., click here.

Disclaimer: Romios Gold Resources Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete. 

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email [email protected].

You likely haven’t heard about Romios Gold Resources Inc. (TSXV: RG) unless you’ve read about it previously at InvestorIntel here or here. That’s because with a current market cap of approximately C$10 million and roughly 9% of that held by management and directors that means there’s only about C$9 million worth of shares in the hands of the general public. But one could argue that is one of the appealing traits of this company. If anything happens at one of their numerous properties it could result in an explosive move in the stock price. So let’s delve a little deeper into what could cause that to happen.

The Company has made a habit out of staking or acquiring properties in the vicinity of existing mines or major development projects, owned or operated by major mining companies (e.g. Newmont, Teck). These properties are all located within world-class, stable mining districts in Canada and the USA. From there, Romios will either explore the property itself or enhance shareholder value by unlocking potential properties through joint venture and/or strategic partnership.

Source: Romios Gold Corporate Presentation

Romios’ most advanced properties include the Lundmark-Akow Lake project located in the center of the North Caribou Lake greenstone belt in northwestern Ontario, 18 km from Newmont’s Musselwhite gold mine, the Trek and JW properties both located in BC’s Golden Triangle and the Scossa Gold project in Nevada. Due to the pandemic, Romios did not undertake any drilling on these properties in 2020 but has detailed plans for extensive ground work in 2021 which could lead to the drilling of promising targets if warranted by the results. On March 4, 2021, Romios announced very encouraging results have been received from its recently completed airborne VLF-EM and Magnetic geophysical survey over its primary gold targets on the Lundmark-Akow Lake and North Caribou River properties and confirmed geophysical features that now become high-priority targets for drilling in 2021.

As for non-core properties, examples of joint ventures, partnerships or outright sales include on June 11, 2018 the Company completed the sale of the Timmins Hislop property in exchange for 178,321 McEwen Mining Inc. (TSX: MUX) common shares while retaining a 2% net smelter return royalty. In September 2018 the Company signed an agreement with Crystal Lake Mining Corporation, now known as Enduro Metals Corporation (TSXV: ENDR) whereby, over the three years to November 29, 2021 Enduro can earn a 100% working interest in the Newmont Lake Project for the issue of 12 million common shares to the Company over three years and the payment of $2 million in cash option payments, and again Romios retains a 2% net smelter return royalty. Most recently Romios announced that it has signed a Letter of Intent with Honey Badger Silver Inc. (TSXV: TUF) to sell an 80% interest in Romios’ five claim blocks in the Thunder Bay silver district of northwestern Ontario for $150,000 worth of Honey Badger shares.

These deals represent some hidden value for Romios shareholders. Along with the $1 million in cash that the Company finished 2020 with, it holds 175,000 shares of McEwen Mining, 185,000 shares of Sassy Resources (CSE: SASY) that was dividended out by Crystal Lake Mining, and almost 5 million shares of Enduro Metals with another 4 million to be issued this November along with the last $1 million cash payment. The Enduro shares have varying escrow periods but based on yesterday’s closing prices, and assuming the Honey Badger deal is closed as agreed, this equates to approximately $1.7 million worth of shares in the coffer today plus an additional $1 million in shares and $1 million in cash come November. Add it all up and that equates to almost 50% of the current market cap for Romios. Albeit I’m reaching a little in that no one knows what the value of Enduro shares will be by November but Romios shareholders could own up to 4% of Enduro come November 29^th.

At this point, Romios has the luxury of being able to sell some of its various shareholdings to fund its 2021 exploration program, possibly JV some more assets or potentially raise capital. However, the company elects to move forward, if you combine the “hidden value” with exploration upside from this year’s activities and there’s a lot of leverage to be had with this micro-cap.