High-Grade Assays From Multiple Prospects On The Kinkaid Project

TORONTO - Romios Gold Resources Inc. reported on high-grade gold-copper-silver assay results from chip and grab samples collected in the fall of 2021 at the numerous historic gold-silver-copper prospects on the Kinkaid project in Nevada. The Kinkaid claims cover 911.2 Hectares (2,252 acres) in Mineral County, 18 km east of the town of Hawthorne, and are largely accessible by road.

An unusual copper-barite vein from 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 with elevated bismuth, antimony and mercury values. This poorly documented prospect vein is within a 300 m long discolored area on satellite imagery and is now thought to be part of an epithermal vein system. Chip and grab samples from two old trenches <1 km from the aforementioned copper-barite vein 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: 1,725 g/t Silver (55 oz/t Ag), 6.9% Zinc, 0.4% Copper, 1% Lead, plus high antimony, arsenic and mercury. Results from a range of vein material types taken from old mine dumps scattered along a ~300 m length of the historic Montreal Gold-Silver Mine workings indicate that significant gold values are most closely associated with copper mineralization in this vein system. Assays up to 24 g/t Gold, 3.1% Copper and 8 g/t Silver were returned from this site. Romios plans to undertake a program of detailed geological mapping and sampling across the Kinkaid property in 2022 with emphasis on the numerous mineralized showings. Ground magnetic surveys are expected to be particularly useful in tracing the skarn horizon targets under cover. Diamond drilling of several showings is anticipated.

"Romios' first-pass sampling program at Kinkaid has returned some very high-grade gold, silver and copper results and we are excited and encouraged to see what we will find there next," said, John Biczok, VP of Exploration. “Most of the past work on this property was done pre-World War II and much of it was literally scratching the surface where mineralization was exposed in outcrop. There is little evidence of any systematic exploration work like geophysics and drilling to define the extent of these zones at depth or along strike under cover. We fully expect that with some basic detailed geological mapping, thorough sampling, and low-cost geophysical surveys, we will be able to develop some of these high-grade showings into highly prospective drill targets."