Romios expands portfolio with new acquisition in British Columbia

28 January 2014 (Last Updated January 28th, 2014 18:30)

Canadian mineral exploration company Romios Gold Resources has announced the acquisition of approximately 2,778ha of mineral tenures in Sheslay Valley, north-western British Columbia.

Canadian mineral exploration company Romios Gold Resources has announced the acquisition of approximately 2,778ha of mineral tenures in Sheslay Valley, north-western British Columbia.

These mineral tenures are in two blocks; the northerly claim is staked along the southern edge of a long airborne magnetic anomaly and the southerly claim staked is over a large circular airborne magnetic anomaly.

With this acquisition, Romios will now hold approximately 80,700ha in north-western British Columbia's Golden Triangle area.

According to Romios, numerous mineral properties in the Golden Triangle area are being explored and prepared for development and mining.

Romios stated that the two acquired anomalies are similar to the geophysical anomaly covered by the Hat Property.

The properties are located in close proximity to Pretium Resources' Brucejack deposit, Barrick Gold's Eskay Creek mine and Galore Creek mining corporation's Galore Creek project.

Canadian resource exploration and development company Double View Capital, announced that it had recently drilled 0.32% copper equivalent over 313.11m in Hat Property, and that it is anticipated to qualify as a copper-gold alkali porphyry-type deposit.

Other nearby deposits considered to be porphyry-type ore bodies include the Red Chris deposit, which is currently being developed, and the Schaft Creek deposit.

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