InvestorIdeas.com | big ideas for the small cap investor

search subscribe advertise submitnews

   research       membership       insiders corner       investor alerts       audio       marketplace       green investor       stock directories       trading center       JOBS     




AddThis Social Bookmark Button

25 Adelaide Street East, Suite1010 Toronto, Ontario, Canada M5C 3A1
TSXV-RG NASDAQ OTC – RMIOF Frankfurt: D4R
PRESS RELEASE FOR IMMEDIATE RELEASE
May 8, 2007

ROMIOS ANNOUNCES FUGRO AIRBORNE GEOPHYSICAL SURVEYS AT THEIR GALORE CREEK PROJECT

Toronto, Ontario, May 8, 2007: The management of Romios Gold Resources Inc. (TSX-V:RG) is pleased to announce that Fugro Airborne Surveys Corp has been commissioned to carry out extensive airborne magnetic, electromagnetic and resistivity surveys on each of Romios’ nine properties in the Galore Creek area in northwestern British Columbia, located in the vicinity of the large copper-gold-silver porphyry deposits currently being developed by NovaGold Resources. The surveys, which are expected to commence during the latter part of May, will be carried out with a helicopter adapted to operate efficiently in rugged, mountainous terrain. Ground follow-up programs will commence immediately after the results of the surveys are received from Fugro and analyzed by Romios’ exploration staff.

advertisement

Data from these airborne geophysical surveys are expected to generate detailed information that will define high priority exploration areas, provide targets for ground geophysical surveys and assist in the design of Romios’ ground exploration program scheduled to begin in late June.

Romios’ Galore Creek Project hosts numerous intrusive-related copper-gold-silver occurrences which geologically and structurally, have many similarities to the area hosting NovaGold’s large Galore Creek copper-gold-silver deposit as well as Barrick Gold’s Eskay Creek VMS deposit 30 kilometres to the southeast.

The qualified person responsible for the technical information included in this press release is Thomas Skimming, P.Eng, VP of Exploration and a Director of the Company.

About Romios Gold Resources Inc.

Romios Gold Resources Inc is a Canadian exploration company which focuses on the acquisition and exploration of precious and base metal prospects in the vicinity of major mining camps throughout North America. Currently, Romios is involved in several major exploration projects in British Columbia, Ontario and Nevada. Romios has been a public company since 1995 and in addition to trading on the Toronto Venture Exchange, it trades on the Over-The-Counter market in the United States (Exemption N0. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: D4R).

For further information about Romios or this press release, please visit our website at
www.romios.com or contact:

Tom Drivas, President and Director
416-221-4124 or 416-218-9772 (fax) romios@romios.com

Thomas Skimming, Vice President of Exploration and Director
416-444-0900 or 416-444-0586 (fax) tmsk8ing@hotmail.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy
of this release.

Would you like to see your news and articles here? GO>>

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of InvestorIdeas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.

InvestorIdeas.com® or any of the industry sector portals cannot assure accuracy of the research presented. Investors are encouraged to research and verify facts and under no circumstances is InvestorIdeas.com® endorsing the content as a recommendation to buy or sell stock.

TOP

ECON Corporate Services, Inc.

© 2000 - 2008 InvestorIdeas.com®, ECON

about us | partners / links | company showcase | contact | employment | disclaimer | privacy policy | sitemap