|By Marketwired .||
|June 26, 2014 10:01 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/26/14 -- Romios Gold Resources Inc. (TSX VENTURE: RG) (PINKSHEETS: RMIOF) (FRANKFURT: D4R) ("Romios" or the "Company") today announced that it is planning to conduct a mapping and sampling program and to carry out an evaluation of various showings and mineralized occurrences at the Newmont Lake Property. Newmont Lake is 30 km northwest of Barrick Gold's Eskay Creek gold mine.
The focus of the 2014 program will be to follow up on the work completed to-date and new information obtained from the September 2013 airborne ZTEM and magnetic geophysical survey carried out by Geotech Ltd (see news release dated April 16, 2014).
The exploration program, expected to take three weeks to complete, will include a four-man team of geologists and geo-technicians that are well-experienced in this northwestern portion of the Stikine Terrane.
At the Burgundy Ridge Discovery in the Newmont Lake area, the 2013 assays averaged 0.47% copper, 0.27g/t gold and 3.77 g/t silver for 100 rock chip and rock samples over an area of 300 by 225 metres (see news release dated October 7, 2013). Channel sample lines will be taken across the anomalous zone in order to gain a better understanding as to the nature and distribution of the precious and base metal mineralization. During the 2013 program, crews collected a number of grab samples that yielded exceptionally high copper values associated with significant gold-silver mineralization. The two most notable samples collected assayed 21.9 % Cu, 7.38 g/t Au, 51.1 g/t Ag and 26.6% Cu, 1.48 g/t Au, 128 g/t Ag respectively. The on-strike mineralized occurrences of the Telena and '72 Zones will also be examined as part of the Burgundy Ridge evaluation and the possible extension of these zones to the north and south will be tested.
Work on the Northwest Zone (which currently has an Inferred Resource of 1,406,000 tonnes at a grade of 4.43 gpt Au, 0.22% Cu and 6.4 gpt Ag or a gold equivalent grade (AuEq) of 5.16 gpt (see news release dated March 27, 2007) will include the re-examination of the more significant diamond drill core intercepts to gain a greater understanding of the nature and the structural control of the gold-silver mineralization encountered in earlier drilling on the property. The possible extension to these zones will be examined and structural interpretations will be made in order to identify further drill targets. Several of the genetic and structurally related satellite gold-silver-copper occurrences will also be re-examined in the field.
Geotech Ltd. reported that the airborne ZTEM (Z-Axis Tipper Electromagnetic) and Aeromagnetic surveys readily identified the known copper-gold-silver occurrences on which Romios has been conducting exploration programs during the last several years. In addition, the Geotech geophysical surveys defined at least seventeen discrete magnetic anomalies of which nine appear to be unexplained geologically and also defined at least fourteen favourable resistivity signatures that appear to relate to bedrock geology on the property. More than eleven of the prominent resistivity highs that were identified in the ZTEM survey partially coincide with the seventeen airborne magnetic anomalies that were outlined in the airborne magnetic survey. These areas will be prospected and sampled as they may present potential targets for porphyry-type mineralization.
This press release was reviewed and approved by Thomas Skimming, P.Eng, Vice-President of Exploration and a Director of Romios and a Qualified Person as defined by National Instrument 43-101.
About Romios Gold Resources Inc.
Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is actively engaged in precious and base metal exploration in North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is currently exploring its Golden Triangle area properties in British Columbia, which are centrally located between Galore Creek Mining Corporation's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek.
This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Romios Gold Resources Inc.
President and Director
Romios Gold Resources Inc.
Thomas Skimming, P.Eng.
Vice-President, Exploration and Director
Romios Gold Resources Inc.
Frank van de Water
Chief Operating Officer and Director
Red Hat has launched the Red Hat Cloud Innovation Practice, a new global team of experts that will assist companies with more quickly on-ramping to the cloud. They will do this by providing solutions and services such as validated designs with reference architectures and agile methodology consulting, training, and support. The Red Hat Cloud Innovation Practice is born out of the integration of technology and engineering expertise gained through the company’s 2014 acquisitions of leading Ceph s...
Mar. 4, 2015 11:15 PM EST Reads: 978
Docker has acquired software-defined networking (SDN) startup SocketPlane. SocketPlane, which was founded in Q4, 2014, with a vision of delivering Docker-native networking, has been an active participant in shaping the initial efforts around Docker’s open API for networking. The explicit focus of the SocketPlane team within Docker will be on collaborating with the partner community to complete a rich set of networking APIs that addresses the needs of application developers and network and system...
Mar. 4, 2015 11:00 PM EST Reads: 794
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, will answer that question citing examples, showing how to create opportunities f...
Mar. 4, 2015 10:00 PM EST Reads: 942
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
Mar. 4, 2015 09:00 PM EST Reads: 3,684
Even as cloud and managed services grow increasingly central to business strategy and performance, challenges remain. The biggest sticking point for companies seeking to capitalize on the cloud is data security. Keeping data safe is an issue in any computing environment, and it has been a focus since the earliest days of the cloud revolution. Understandably so: a lot can go wrong when you allow valuable information to live outside the firewall. Recent revelations about government snooping, along...
Mar. 4, 2015 09:00 PM EST Reads: 7,106
FedRAMP is mandatory for government cloud deployments and businesses need to comply in order to provide services for federal engagements. In his session at 16th Cloud Expo, Abel Sussman, Director for Coalfire Public Sector practice, will review the Federal Risk and Authorization Management Program (FedRAMP) process and provide advice on overcoming common compliance obstacles.
Mar. 4, 2015 08:00 PM EST Reads: 1,563
The cloud is now a fact of life but generating recurring revenues that are driven by solutions and services on a consumption model have been hard to implement, until now. In their session at 16th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, will discuss how a top European telco has leveraged the innovative recurring revenue generating capability of the consumption cloud to enable a unique cloud monetization mod...
Mar. 4, 2015 08:00 PM EST Reads: 1,908
Are your applications getting in the way of your business strategy? It’s time to rethink your IT approach. In his session at 16th Cloud Expo, Madhukar Kumar, Vice President, Product Management at Liaison Technologies, will discuss a new data-centric approach to IT that allows your data, not applications, to inform business strategy. By moving away from an application-centric IT model where data integration and analysis are subservient to the constraints of applications, your organization will b...
Mar. 4, 2015 07:00 PM EST Reads: 1,624
As organizations shift toward IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection &E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 16th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships, will disc...
Mar. 4, 2015 07:00 PM EST Reads: 1,048
Analytics is the foundation of smart data and now, with the ability to run Hadoop directly on smart storage systems like Cloudian HyperStore, enterprises will gain huge business advantages in terms of scalability, efficiency and cost savings as they move closer to realizing the potential of the Internet of Things. In his session at 16th Cloud Expo, Paul Turner, technology evangelist and CMO at Cloudian, Inc., will discuss the revolutionary notion that the storage world is transitioning from me...
Mar. 4, 2015 06:00 PM EST Reads: 2,015
VictorOps is making on-call suck less with the only collaborative alert management platform on the market. With easy on-call scheduling management, a real-time incident timeline that gives you contextual relevance around your alerts and powerful reporting features that make post-mortems more effective, VictorOps helps your IT/DevOps team solve problems faster.
Mar. 4, 2015 05:00 PM EST Reads: 1,399
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Mar. 4, 2015 05:00 PM EST Reads: 2,570
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, will demonstrate the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He will discuss from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT ...
Mar. 4, 2015 04:45 PM EST Reads: 2,379
The free version of KEMP Technologies' LoadMaster™ application load balancer is now available for unlimited use, making it easy for IT developers and open source technology users to benefit from all the features of a full commercial-grade product at no cost. It can be downloaded at FreeLoadBalancer.com. Load balancing, security and traffic optimization are all key enablers for application performance and functionality. Without these, application services will not perform as expected or have the...
Mar. 4, 2015 04:15 PM EST Reads: 843
Cloud data governance was previously an avoided function when cloud deployments were relatively small. With the rapid adoption in public cloud – both rogue and sanctioned, it’s not uncommon to find regulated data dumped into public cloud and unprotected. This is why enterprises and cloud providers alike need to embrace a cloud data governance function and map policies, processes and technology controls accordingly. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance...
Mar. 4, 2015 04:15 PM EST Reads: 995