In this InvestorNews interview, host Peter Clausi sits down with Stephen Burega, President, CEO, and Director of Romios Gold Resources Inc., (TSXV: RG | OTCQB: RMIOF) to discuss the company’s latest exploration achievements. Highlighted in a news release on October 12, 2023, Romios has made significant strides in Nevada by discovering a high-grade copper boulder train at its Kinkaid project within the Walker Lane trend. This discovery, coupled with the identification of possible porphyry-type alterations, led to the staking of sixteen new claims. The exploration uncovered nine mineralized boulders showing copper values averaging 5.03% Cu and noteworthy gold values, suggesting a sizeable mineralized system just waiting to be fully explored. Under the guidance of John Biczok, VP of Exploration, Romios is poised to further investigate these new and existing claims through detailed mapping and sampling.

The company’s exploration strategy, as Burega detailed to Clausi, focuses on leveraging Romios’ expertise to tap into underexplored areas, showcasing the efficiency and potential of its Nevada projects. With over 25 targets now identified on the Kinkaid property, every expedition uncovers new potential, underscoring Romios’ commitment to cost-effective and impactful exploration. This relentless pursuit of discovery highlights the significant prospects and exciting future that Romios Gold Resources Inc. faces in its quest to unearth valuable copper, gold, and silver resources.

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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 plus 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 the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company 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; a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Property in BC.

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

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

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

Romios Gold Resources Inc.‘s (TSXV: RG | OTCQB: RMIOF) (“Romios”) focus is on gold, copper and silver exploration in North America. Romios has a 100% interest in five properties in northwestern Ontario, Canada but their recent focus has been on their assets in Nevada, USA.

Therefore today’s article will give an update on Romios’ two projects in Nevada, the Kinkaid Gold-Copper-Silver Project and the Scossa Gold Project.

A summary of Romios’ assets spread across North America focusing on gold, copper and silver

The Kinkaid Gold-Copper-Silver Project (Nevada, USA) (100% owned)

The Kinkaid Project has dozens of old mine workings and prospect pits from the 1930s and ‘40s and includes the historic Montreal Gold-Silver mine.

Various prospecting over recent years has found a number of positive results including:

• In 2021, a small-scale historic mining operation on the southern claims assayed 212 g/t silver (6.8 oz/t Ag), 2.3% copper and 1 g/t gold.
• Chip and grab samples from two old trenches returned assays of 13.5 g/t gold and 4.34% copper from one trench and 5.8 to 36.3 g/t gold and 1.55% to 4.8% copper from another.
• Mineralized veins adjacent to garnet skarn workings (“P.M. Prospect”) on the northern claims also returned excellent results including 1,725 g/t silver (55 oz/t Ag), 6.9% zinc, 0.4% copper, plus lead, antimony, arsenic, and mercury.
• In May 2022, high-grade assays were reported from the southern claims of up to 17.9 g/t gold and 6.59% copper.
• 2023 exploration discovered three copper-bearing samples from the Dry Gulch #2 skarn in the NE corner of the Kinkaid claims assayed 1.1%, 7.2% and 16.55% copper across different intervals 20-40 cm wide.
• 2023 exploration from dumps at a previously unmapped old adit and shaft on a swarm of quartz-sulphide veins in the central Kinkaid claims returned gold assays of 2.4, 5.5 and 32.0 g/t gold and copper assays of 1.27% copper to 3.22% copper.

Romios stated in May 2023: “(Romios) commenced a program of detailed geological mapping and sampling across the Kinkaid property with emphasis on the numerous mineralized showings. Diamond drilling of several showings is anticipated in 2023.”

Romios stated in July 2023 that they intend to “further refine the geological model of the Kinkaid mineralization” and “at this point, various geophysical, geochemical and geological options are under consideration for detecting and outlining any possible porphyry/plutonic systems beneath the veins and skarn occurrences on the Kinkaid claims. Work at Kinkaid is expected to resume in September, 2023.”

The Scossa Gold Project (Nevada, USA) (100% owned)

The Scossa Gold Project covers a former high-grade gold mine that was in production from 1930-1941 and where historic drill programs intersected ‘bonanza’ (super high) grades over multiple meters.

What’s interesting is that past mining only reached as deep as 400 feet (~122 meters). Romios state that “large sections of multiple veins have not been drilled, and there are some newfound areas of potential vein development”.

Romios conducted drilling programs in 2002, 2003 and 2006, intersecting bonanza grade gold mineralization in several shallow holes including 3.35 m @ 180.2 g/t gold. There was also one rock chip sample assaying 25 g/t gold. Romios model shows a high potential target area down plunge of the past mining that has not been drilled and now becomes a high priority target of the next drill campaign.

One new area of potential vein development was found from an assay of 10.2 g/t Au which was returned from a sample of a >1 m wide quartz vein exposed 340 meters south along strike of the main veins at the historic Scossa Gold Mine site.

In a July 31, 2023 market update Romios stated:

“Several days were spent prospecting and mapping areas north and south along strike of the >700 m long epithermal vein system that produced high-grade gold ore averaging more than 1 ounce/ton (31.1 g/t) gold during mining operations in the 1930s……The 340-meter gap between the known veins and this new discovery is now considered highly prospective for extensions of the Scossa gold vein system and will be explored in the coming months through a combination of detailed geological mapping, soil sampling and hand-trenching where appropriate.“

Romios’ 2 Nevada projects (Kinkaid & Scossa) are within major mineral belts in Nevada, the world’s 4th largest gold producing region

Source: Company presentation

Closing remarks

Romios has recently completed fieldwork programs on the Kinkaid and Scossa Projects in Nevada. Both have returned encouraging results from new areas that have expanded the potential extent of both mineralized systems. Findings so far have included some good gold, copper, and silver grades. The next challenge is to discover larger mineralized zones that can be drilled and potentially produce some long drill lengths leading to a potential resource.

Meanwhile, Romios also has their numerous other projects, notably in Canada (details in an InvestorNews video here).

Romios Gold Resources trades on a market cap of only C$7 million, meaning any significant discovery can have a huge impact on the stock. One to follow in 2023.

In this PDAC 2023 InvestorIntel interview, Stephen Lautens speaks with Stephen Burega, CEO, President, and Director of Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) about its Trek claims along the southern boundary of British Columbia’s Galore Creek, which is home to a massive copper desposit and proposed copper mine co-owned by Tech and Newmont.

Stephen talks about how the drill-defined Trek North porphyry copper & gold (“Cu-Au”) zone and the newly discovered Trek South porphyry Cu-Au target could be attractive targets for a company looking to acquire or partner in a sizeable copper-gold project. He goes on to say that the road that services Galore Creek intersects Trek and Romios also has the advantage of being near the Golden Triangle infrastructure with the proposed Galore Creek mill site only being about 12 kilometres down the road.

He also discusses 2022 geophysical (“IP”) work that indicates an unexplored drill target up to 800 metres long, between 250 and 500 metres wide and 600 metres deep, that underlies the centre of the porphyry system at Trek South. Stephen explains that Romios will drill it when they find the right partner to properly explore its potential.

To access the full InvestorIntel interview, click here.

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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 plus 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 the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company 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; a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Property in BC.

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 this InvestorIntel interview, Byron W King talks to Romios Gold Resources Inc.’s (TSXV: RG | OTCQB: RMIOF) CEO, President, and Director Stephen Burega about Romios’ recently discovered high-grade gold veins assaying up to 72.6 g/t Au on the North West Claims Project in Golden Triangle, B.C. Located within an area that is known for very significant large-scale porphyry structures, Stephen discusses the North West Claims Project’s proximity to Galore Creek, one of the world’s largest undeveloped copper-gold-silver porphyry deposits.

Stephen goes on to discuss Romios Gold’s two core projects from its portfolio of projects in Nevada, USA. Highlighting the potential for high-grade gold mineralization at the Scossa Project, a former producing mine, Stephen discusses the potential for mineralization below the previous workings. At the Kinkaid Project in southwestern Nevada, he also discusses rock sampling around previous mine workings that returned “multi-percent copper, high-grade gold, or high-grade silver mineralization”.

To access the full InvestorIntel interview, click here

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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 plus 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 the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company 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; a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Property in BC.

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 this interview Peter Clausi has Romios Gold Resources Inc.’s (TSXV: RG | OTCQB: RMIOF) CEO, President, and Director Stephen Burega discuss about being a multi-jurisdictional exploration company focused primarily on gold, copper and silver. Starting the discussion on the “…newly discovered, copper and tungsten bearing skarn” released from the 2022 IP (Induced Polarization) survey at the Trek South Project in BC’s Golden Triangle, Stephen explains how these results offer the potential for substantial mineralization on the project.

Covering a wide range of topics around Romios Gold’s portfolio of assets and projects, Stephen goes on to discuss Romios’ Kinkaid Project and Scossa Gold Project in Nevada, which is ranked as one of the top mining jurisdictions in the world. As a former high-grade gold producer, Stephen says that some of the ores at the Scossa Gold Project were so high that it was stored in a bank vault.

To access the full InvestorIntel interview, click here

Don’t miss other InvestorIntel interviews. Subscribe to the InvestorIntel YouTube channel by clicking 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 plus 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 the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). The Company 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; a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Property in BC.

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].

As the U.S Federal Reserve potentially approaches the end of their interest rate rising cycle the gold selector will likely swing back into favor. This is because gold stocks tend to perform better when rates are not rising or are falling. For now it looks like the Fed will soon pivot to slowing down interest rates rises and we may reach peak interest rates in H1, 2023, assuming inflation continues to decline from the latest CPI reading of 7.7%. Also given that the equity markets tend to look forward by about 6 months, it may well be time to take a look again at some gold mining companies, many of which have been beaten down in 2022.

Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) (“Romios”) is advancing its gold, silver, and copper properties in Canada and the USA. Several of Romios’ properties are located in Canada’s Golden Triangle, a region famous for large gold discoveries and mines.

Romios’ properties include:

• Golden Triangle (British Colombia, Canada) (flagship region with 79,789 ha) – Trek North, Trek South, JW, North West & Porc, Royce, Southwest Block, Northeast Claim Block, Andrei, Boulder. (Note: Several are shown on the map below)
• Ontario (Canada) – Lundmark-Akow Lake, North Caribou River, Arseno Lake, Eyap Lake, Markop Lake.
• Quebec (Canada) – La Corne Molybdenum Project.
• Nevada (USA) – Scossa Mine, Kinkaid Project.

Romios Gold’s claims in the Golden Triangle of British Columbia, Canada

Romios has discovered a major geophysical target beneath the Trek South Project in BC, Canada

Romios has had several exciting pieces of news lately.

As announced on November 9, Romios has discovered a major geophysical target beneath the Trek South Project. Romios stated: “2022 IP (Induced Polarization) survey at Trek South has detected a strong IP chargeability high interpreted to be >800 m long and up to 500 m wide that extends beyond 600 m depth beneath both a large, newly discovered, copper and tungsten bearing skarn, and the ~1 km wide porphyry-style alteration and mineralization zone discovered in 2021.”

Romios’ CEO and President, Mr. Stephen Burega, commented: “The combination of a large skarn target flanking an intrusion that is a potential host to porphyry type mineralization creates a drill target of the highest priority that will require a substantial financial commitment, and we are actively engaged in identifying a potential partner to bring their expertise and funding to support this important program.”

The Trek South 3D chargeability model derived from IP data. Chargeability highs in red are believed to reflect sulphide mineralization beneath the exposed porphyry and skarn mineralization.

As announced on October 13, Romios has expanded the known extent of mineralization at the TOE Zone on Romios’ Trek Property in the Golden Triangle of NW British Columbia. Romios stated: “The known extent of this mineralization was increased by 75% in 2022 and it is believed that there is room for substantial expansion as many of the showings trend off under overburden.” Romios President & CEO, Stephen Burega, stated: “We are very encouraged by the latest results from the TOE Zone, especially given its close proximity (600 m) to our Trek South porphyry Cu-Au-Ag target, which is Romios’ current primary focus in the Golden Triangle…..This is one of several historic high-grade showings on Trek that we expect to include in the anticipated future drill program at Trek South.”

As announced on September 29, Romios has now completed an extensive exploration program on six of the company’s projects in the Golden Triangle of northwestern British Columbia. Romios stated: “Field observations on some of the claim blocks are very encouraging, particularly those from the Trek South Porphyry Cu-Au-Ag prospect.” At Trek South the IP survey and a Magnetotelluric Survey have been completed. These will be used to produce 3D modelling that will give a better idea of the potential target. Stephen Burega, President and CEO, stated: “The 3D modelling will be key to opening conversations with potential funding partners for the Trek South prospect……We are looking forward to correlating these results with the mineralized surface exposures, and to sharing more in the near future once the modelling is completed.”

The next several months look to be very exciting for Romios investors as the company potentially moves forward towards drilling their very exciting geophysical target at the Trek South Project. The region and past work suggest the possibility of discovering a significant copper-gold-silver system.

Romios Gold Resources trades on a market cap of C$8M, so clearly any significant drill results can be company changing.

Today I want to look at a small, but intriguing exploration play. But first let’s address the price of gold, as in, what’s going on?

In recent weeks, gold has traded in a range, more or less around the high (USD) $1,700s per ounce. The metal has had a tough time even breaking $1,800 lately.

Many things contribute to gold currently being stuck in neutral. The U.S. dollar has been remarkably strong against other currencies, so that alone helps keep a lid on the gold price. And the Federal Reserve has raised interest rates, which makes bonds more attractive and adds opportunity cost to holding a stash of gold metal.

Meanwhile, modern economic and academic culture holds gold in disdain, based on several generations of people learning in school that gold is an outdated form of wealth protection, let alone a way to grow wealth over time.

The point is, some things are out of our control. The price of gold is what it is. Markets do what they do. The culture is fixed and it’s not as if you or I can change things.

Meanwhile, many gold mining junior companies – explorers and early stage developers – are badly beaten down in the markets. They are way oversold and there’s opportunity to be had in this situation.

Right now, across the gold and mining investment space, there’s no particular excitement for the gold juniors, especially the explorers and early-stage developers, outside of an occasional hot press release about drilling results, and even then we usually see a slight uptick followed by a sell-side downdraft.

In essence, gold is in a holding pattern in terms of price, while the junior sector is just treading water in the case of most companies. There’s little new money moving in, that’s for sure.

So it can all seem pretty grim. But it also sets up opportunities for immense profit downstream if you are in a position and mindset to buy, hold and wait for the wheels of fate to turn.

I like to focus on a few investment basics. That is, I look for companies with solid assets, great technical teams and superb management. These companies hold mineral claims in safe jurisdictions. They don’t do “vaporware,” meaning that they hold real minerals in the rocks. You can see a current resource, or anticipate a worthy and solid report coming down the line. And people running the show know what they’re doing.

Sooner or later, the upside will arrive and some of these plays have the opportunity to become attractive to far more than just the current crowd of gold and mining die-hards.

One company like this, which I’ve watched for a while, is Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF). Currently trading at around US 3 cents per share (about 4 cents Canadian) Romios Gold’s market cap is about $7 million (U.S.). It’s small, but despite this, Romios holds a collection of assets that ought to prompt gold investors to take a serious look.

Romios holds claims in the Golden Triangle of British Columbia, in much the same geology and along many of the same trends as such names as Brucejack, Eskay and Galore. Field work reveals excellent gold potential, along with copper mineralization in likely porphyry structures.

Romios also holds claims in Ontario, near the massive Musselwhite gold project. Romios has much the same geology underfoot as the past and presently working mines, again with excellent gold upside potential.

In addition, Romios holds mining claims in Nevada, in hard-rock areas in the west of the state. That is, it’s not Carlin-style gold, with all the problematic issues that come with exploration and production of that kind of rock. Instead, Romios works in classic mining country, and has already identified mineralized zones with visible gold within extensive vein systems.

Each of these locales – B.C., Ontario and Nevada – have their own geological story to tell. And at this stage I won’t belabor the points or write extensive geological descriptions. Those details can be found on the company’s website, along with recent press releases.

Meanwhile, from public documents and discussions with management I know that Romios has been gathering field data over the past year, and especially over this summer. Some press releases to date from Nevada have been remarkable in terms of gold and copper.

Like many junior miners, Romios holds a larger inventory of mineralized claims than its bank accounts can afford to explore, let alone develop. Then again, that’s what joint ventures and similar kinds of deals are made for. There’s no reason to think that Romios will continue to work alone, and solely on its own account. More likely, we’ll see some dealmaking. And those deals will begin to shine light on what the company has in the barn, so to speak.

Indeed, the old term “barn find” is apropos for Romios. To use an analogy, I’m reminded of the stories you occasionally hear about someone who discovers a collection of classic old cars sitting under canvas tarps in some old barn out in the middle of the countryside. There’s definite potential for a Wow-factor here as you pull back the tarps.

With Romios that wow-factor pertains. The company holds an impressive inventory of assets with strong potential upside. At this point the real question is how long, and what level of investment will it require to bring one or more of these assets to the attention of a marketplace that’s currently bored, if not downright demoralized.

As the summer field season finishes up, and we move into the fall, I suspect it will be worth watching for more news from Romios.

In this InvestorIntel interview host Byron W King talks to Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) President and newly-appointed CEO Stephen Burega about Romios’s “treasure chest” of exploration properties.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Stephen Burega talks about the company’s plans after taking over from Tom Drivas this month and becoming Romios’s new CEO. “I was amazed at the company’s portfolio,” he tells Byron. “It was the main reason why I joined the team – these assets are extraordinary and diverse,” including over 400 square kilometers of claims along the southern boundary of Galore Creek, B.C., which has a new 3D model and work for a resource estimate underway.

“We also have a very large block of claims in northwestern Ontario,” he tells Byron, “that’s surrounding Newmont’s Musselwhite mine.” Talking about future plans, Stephen says that Romios is “looking at how we can either find a strong partner to move some of these assets forward or else the possibility is very real that we might spin them out.” In addition, he says that Romios’s Nevada properties are “going to become our primary focus” including two core assets – the former high-grade gold producing Scossa mine and the recently acquired Kinkaid project, which reported quartz vein assay samples of up to 17.9 g/t Au in June.

To access the full InvestorIntel interview, click here

Don’t miss other InvestorIntel interviews. Subscribe to the InvestorIntel YouTube channel by clicking 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 plus 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 the Kinkaid Nevada claims covering numerous Au-Ag-Cu workings and two former producers: the La Corne molybdenum mine property (Quebec) and the Scossa mine property (Nevada) which is a former high-grade gold producer. The Company 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; a 2% NSR on Enduro Metals Corp.’s Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. (“Copperhead”) whereby Copperhead can acquire a 75% ownership interest in Romios’ Red Line Project in BC.

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

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

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Junior mining stocks that are “project generators” can be some pretty interesting companies to dig into. Often they are tough to evaluate because they have options on properties, or other entities have options or working owner interest in the project generator’s prospects. Plus there can also be Net Smelter Royalties (NSR) and exploration spending commitments, etc. It can make for a lot of “what ifs” when trying to assess them. Sometimes that’s where investors can find opportunity. If it’s hard to evaluate, then there could be some hidden value lurking for someone willing to do their homework. Not to say that all companies that are hard to evaluate are hidden gems that we should all invest in, but the more you understand about any of your investments, the easier it is to make buy, sell and hold decisions.

But enough standing on my soap box preaching the virtues of due diligence in investing, let’s dive into the fun stuff and look at a project generator with a whole lot of tentacles to assess. Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF) is a 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 the Kinkaid Nevada claims covering numerous Au-Ag-Cu workings and two former producers: the La Corne molybdenum mine property (Quebec) and a former high-grade gold producer – the Scossa mine property in Nevada.

The Company has a history 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 ventures and/or strategic partnerships. Over and above the assets noted above, Romios retains an ongoing interest in several properties including a 20% carried interest in five of Honey Badger Silver’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 Enduro Metals Corp. Newmont Lake Au-Cu-Ag property in BC. As well, there are all the shares of various counterparties they have accumulated along the way. At the end of March, 2022 Romios held 8.35 million shares of Enduro Metals Corp. (TSXV: ENDR), 150K shares of McEwen Mining Inc. (TSX: MUX | NYSE: MUX), 1.1 million shares of Honey Badger Silver Inc. (TSXV: TUF) and 165K shares of Sassy Resources Corp. (CSE: SASY).

You can begin to get a feel of how hard it might be to evaluate Romios Gold but I’ll try to sum it all up at the end of the article. In the meantime, the two focus points for current activity revolve around the recently acquired Kinkaid gold-silver-copper prospects in Mineral County, Nevada where the Company just announced assays up to 17.9 g/t Au from previously undocumented prospects on the property. Several poorly documented or unknown mineral showings were discovered by Romios during fieldwork in April, 2022 and sampling has returned encouraging gold results from all of them. Pending copper and silver assays could further increase the potential. Romios plans to undertake a program of detailed geological mapping and sampling across the Kinkaid property throughout the rest of 2022 with emphasis on the numerous mineralized showings. Diamond drilling of several showings is anticipated.

Last week Romios announced it had begun the 2022 exploration field program on 3 of the Company’s projects in the underexplored North Caribou Lake Greenstone Belt (NCLGB) in northwestern Ontario. This belt is home to Newmont’s giant Musselwhite gold mine (> 7 million ounces Au in past production and reserves) but has seen relatively little exploration by other companies since the 1980s. At the North Caribou River claims the 2022 program will complete soil sampling and mapping in an effort to define the best targets for trenching and possibly drill testing. At Markop Lake the upcoming geological mapping and prospecting work will be the first concerted effort to explore this large area adjacent to Newmont’s Musselwhite gold mine. At Arseno Lake a program of basic geological mapping, lithogeochemical sampling and soil sampling is planned to evaluate the potential of this area to determine if ground geophysics and/or drilling are warranted.

Source: Romios Gold Resources June 20, 2022 Press Release

So what is the value proposition for Romios Gold? Good question. The current market value of the various share positions that Romios holds in other companies is roughly C$1.9 million making for total working capital of just under C$3 million. The market cap at yesterday’s close was C$9.5 million implying the market is valuing all the remaining B.C., Ontario, Quebec and Nevada assets not currently under option to anyone at a mere C$6.5 million. The Company has proven to be pretty good deal makers in the past, which poses the question of whether they can option or sell these assets to others at a price accretive to shareholders.

Broad markets are down this week in a wide, deep selloff. Or for optimists out there it’s a general cleanup across the spectrum, punishing the overly ambitious. Gold is down too, as I’ll discuss below.

Here’s what’s going on, and towards the end I’ll list five “mine and minerals” ideas on how to play it all.

First, and obviously, markets have declined based on negative sentiment. And why? After all, is there any good news out there? Consider:

• War in Ukraine, rapidly emerging as a new, generational East-West struggle.
• Structural, built-in inflation across every economy in the world.
• High oil and natural gas prices, with production and supply issues worldwide that have translated into shortages.
• The nat-gas shortages have led to a lack of fertilizer which – rolled in with high oil/diesel prices – foretells of eventual, widespread food scarcity.
• All of the above, while the global cargo ship economy remains mired in clogged ports, amplified by Covid shutdowns in China.
• And people have finally caught onto the racket of those high flying, profitless tech companies with business plans that lose money, seemingly forever.

I could go on, but you get the picture. It’s a mess out there and getting messier. Not exactly the foundation of a booming global economy as 2022 unfolds.

So yes, people feel negative, sell out, and go to cash. They de-risk, so to speak.

Which brings us to gold, which is sliding. And here’s the quandary: Why sell gold into a de-risking market? Gold ought to represent long-term security in a time of risk, right?

The sell-side argument is that interest rates are rising, and rising rates raise the carry cost for holding gold. That is, physical gold is “just metal” and doesn’t pay a dividend. So, every ounce in the vault is a missed opportunity to generate cash. And the imputed loss on gold (i.e., versus holding cash) is greater when interest rates are high.

It’s not difficult to understand the argument, but I don’t buy it. Because look at the situation from a different angle.

Per the U.S. government’s own statistics, inflation is running in the 8.5% range – and the true number might be twice that if you follow what is called “shadow statistics.” In that respect, holding cash also has a cost, namely that 8.5% inflation rate (or more) per year of vanishing purchasing power.

Here’s the investor choice: hold cash and generate minor amounts of interest in an environment of rising inflation. Or hold gold and protect the wealth basis against declining purchasing power over time.

Indeed, the Fed threatens the world with small interest rate increases of 0.25% or even 0.5%. Okay, but that’s insignificant when compared with the 8.5% (or more) declining value of cash.

So, why have people sold gold down in recent days? Well, sometimes you don’t sell what you want to sell. You sell what you have to sell. Like if you need fast cash.

You sell gold because it’s liquid and always catches a bid. That’s not necessarily the case with many other investment ideas.

During market sell-downs the price of gold often drops early, such as when overstretched people need cash to cover margin calls. But after that early tumble, gold tends to be among the first plays to recover on the other side of the selloff and cleanup.

Along with the declining price of gold, metal miners often head down too. Good companies drop in value for no good reason. The list is long and includes names that hold great assets with serious ore in the ground, coupled with excellent geologic work, facilities, workforce and management teams.

There’s no saying how long the current selloff will last. Will the market find a bottom and then head back up? Or will more downside yet unfurl? Nobody really knows, and things can change in a matter of hours.

But along these lines, I have five names for you, companies in the gold and related metals space that have tumbled in recent days into bargain-hunt land:

One great up-and-running metal miner is Avino Silver & Gold Mines Ltd. (NYSE American: ASM | TSX: ASM). This company has operated near Durango, Mexico since 1968. The ore body is a deep-running series of veins that were first discovered in 1548 by Spanish explorers/conquistadores. There’s a full package of mineshafts, mills and processing facilities. Much of the operation was closed during Covid, but it’s all getting back into production. Ore grades are excellent, with continuing discovery as mining progresses. Plus, an offtake agreement with Samsung for all the metals.

And here are a couple of names for companies well-along in the exploration side, with superb results to date and great prospects ahead:

Take a look at American Pacific Mining Corp. (CSE: USGD | OTCQX: USGDF). This company controls a major copper exploration play in Madison, Montana and is partnered-up with giant Rio Tinto to explore a skarn-porphyry, mineral-bearing body. Progress – meaning mineralization uncovered – has been excellent over the past 18 months, with numerous unreleased drill results still to come. Meanwhile, Am-Pac holds 100% of two other outstanding, high-grade, near-surface gold plays in hard-rock mining country in Nevada.

And look at Group Ten Metals, Inc. (TSXV: PGE | OTCQB: PGEZF). This is another company that works in the nickel-platinum belt of Montana, adjacent to property controlled by Sibanye-Stillwater. Group Ten controls a vast land package and has had remarkable success identifying high-grade zones of copper-nickel, along with platinum group metals, gold, silver and even chrome. Indeed, it’s a “battery metals” play from numerous angles.

For early-stage gold exploration, look at TRU Precious Metals Corp. (TSXV: TRU | OTCQB: TRUIF). The company works in Newfoundland, in a highly prospective gold-copper belt. Its neighbors include two well-known names, Marathon Gold and Newfound Gold Corp., and TRU is directly on the geologic trend that connects these other two plays. Early sampling, mapping and geophysics are promising, with drill results offering strong promise.

And finally, another early-stage explorer, Romios Gold Resources Inc. (TSXV: RG | OTCQB: RMIOF). This is what geologists call a “hip pocket” play, an intriguing collection of historically explored and mined projects across Canada and in Nevada. Right now, the focus is on two high-grade works that were picked in the olden days, but abandoned to the mists of time due to low-priced gold. Modern geophysics and drilling reveal significant new mineralized zones. Romios is a small-cap play, but with the ability to move on news from the drill deck.

That’s all for now…  Thank you for reading.