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12.02.2010
Rome Resources Ltd.: GOLD GEOCHEMICAL ANOMALIES IN SOIL AND SILT ON ROME’S “LA COLORADA 5” CONCESSION IN SONORA, NORTHERN MEXICO
Rome Resources Ltd.: GOLD GEOCHEMICAL ANOMALIES IN SOIL AND SILT ON ROME’S “LA COLORADA 5” CONCESSION IN SONORA, NORTHERN MEXICO
Roma Recursos de Mexico, S.A. de C.V., a wholly owned subsidiary of Rome Resources Ltd., has found significant, very large gold geochemical anomalies in soil and silt samples on the “La Colorada 5” concession (Fig. 1: LCL-5 Gold Anomaly). The “La Colorada 5” concession of 4,614 hectares forms part of a group of concessions held by Roma that total 28,155 hectares and surround the historic La Colorada Gold Mine. The center of “La Colorada 5” is about 30 kilometers southeast of Hermosillo, the capital of Sonora. Prime exploration targets in this major gold camp are bulk-tonnage open-pit disseminated gold, of the porphyry-gold and Carlin types.
The area in the core of the claim block outlined in Figure 1 is mainly held by and is being explored by Pediment Gold Corp. This area includes the site of a large open-pit heap-leach bulk-gold mine of Eldorado Gold Corporation, which has been deactivated. Many characteristics of the mine and the geological setting are similar to those associated with porphyry-gold and Carlin type deposits. The La Colorada Mine was one of the first major gold mines in Mexico. Historically, the central mine area has produced over three million ounces of gold; Eldorado Gold produced more than 500,000 ounces from their open pits. This significant gold camp, much of which is held by Roma, is highly prospective for discovery of major new gold mines.
Roma’s LCL-5 Gold Anomaly in Figure 2 (first announced in Rome’s News Release of 25th February 2009) is based on 2,678 soil and 134 silt samples taken on a grid with lines generally 200 meters apart and samples at 50 meter stations; all analyses were by Pioneer Laboratories Inc. of Richmond, B.C. As defined by >100ppb gold, the anomaly overall is about 10 kilometers long, east-west, and up to 1.5 kilometers wide, north-south. Three main anomalous areas defined in Figure 2 within this anomaly are: (i) West, (ii) Central, and (iii) East. Geochemical profiles along south to north lines that cross these anomalies are in Figures 3 to 8. Features of these anomalies are summarized in Table 1. Some important points are:
1. High gold in soil and silt is associated with anomalous copper and molybdenum, as is the gold mineralization at the La Colorada Mine.
2. The anomaly is not due to transport of float from the La Colorada Mine because mobile (copper, and especially zinc) and immobile (gold, molybdenum and lead) elements coincide (see right hand stacked bar graphs in Figs. 3 to 8); furthermore, ferricrete, which occurs locally in the Eastern anomaly, is unique to the general area. This ferricrete is probably proximal and indicates a sulfide rich source.
3. The Central and Eastern LCL-5 anomalies have shapes that indicate a junction of two major structural directions (approximately east-west and northeast-southwest); these trends are common to the La Colorada mine area.
4. The coincidence of high lead and zinc values in the core of porphyry mineralization is not unusual, although it is generally considered to be peripheral. For example, at Casino in the Yukon, lead and zinc targets both the copper-molybdenum mineralization and the peripheral veins.
5. Access to the property is remarkable because it is beside paved Highway 16 and is only about 30 kilometers southeast of Hermosillo. A secondary road crosses the Eastern Anomaly. Electric power lines cross the area as well.
Please find the figure1. under the following link: http://www.irw-press.com/dokumente/10021104LclNewsRelease.pdf
The three anomalous areas defined in the La Colorada 5 concession have exceptional potential for discovery of a significant gold mine. A number of other areas in the concessions held by Roma in the La Colorada Gold Camp also are known to be anomalous in gold and have significant potential. For example, there are three broad zones significantly anomalous in soil gold on the Esmeralda Grid (Fig. 1; see News Release #08 of November 23rd 2009).
Please find the figures and tables under the following link: http://www.irw-press.com/dokumente/10021104LclNewsRelease.pdf
Rome Resources Ltd. is a Canadian mineral exploration company focused on gold and copper projects in Argentina and Mexico. It is publicly traded on the TSX Venture Exchange under the symbol RMR, and the Frankfurt Exchange as 33R. Company and exploration details are available at www.RomeResources.com (click: “What’s New” [SEDAR News Releases] and “Projects”).
On behalf of the Board of Directors
“Colin I. Godwin”
Colin I. Godwin, PhD, PEng, PGeo
President and Director of Rome Resources Ltd.
Professor Emeritus, The University of British Columbia
Telephone: (604) 939-6507
Neither the 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 News Release. Colin I. Godwin, PhD, PEng, PGeo, a qualified person under National Instrument 43-101, has verified data disclosed in this release. This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.
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Roma Recursos de Mexico, S.A. de C.V., a wholly owned subsidiary of Rome Resources Ltd., has found significant, very large gold geochemical anomalies in soil and silt samples on the “La Colorada 5” concession (Fig. 1: LCL-5 Gold Anomaly). The “La Colorada 5” concession of 4,614 hectares forms part of a group of concessions held by Roma that total 28,155 hectares and surround the historic La Colorada Gold Mine. The center of “La Colorada 5” is about 30 kilometers southeast of Hermosillo, the capital of Sonora. Prime exploration targets in this major gold camp are bulk-tonnage open-pit disseminated gold, of the porphyry-gold and Carlin types.
The area in the core of the claim block outlined in Figure 1 is mainly held by and is being explored by Pediment Gold Corp. This area includes the site of a large open-pit heap-leach bulk-gold mine of Eldorado Gold Corporation, which has been deactivated. Many characteristics of the mine and the geological setting are similar to those associated with porphyry-gold and Carlin type deposits. The La Colorada Mine was one of the first major gold mines in Mexico. Historically, the central mine area has produced over three million ounces of gold; Eldorado Gold produced more than 500,000 ounces from their open pits. This significant gold camp, much of which is held by Roma, is highly prospective for discovery of major new gold mines.
Roma’s LCL-5 Gold Anomaly in Figure 2 (first announced in Rome’s News Release of 25th February 2009) is based on 2,678 soil and 134 silt samples taken on a grid with lines generally 200 meters apart and samples at 50 meter stations; all analyses were by Pioneer Laboratories Inc. of Richmond, B.C. As defined by >100ppb gold, the anomaly overall is about 10 kilometers long, east-west, and up to 1.5 kilometers wide, north-south. Three main anomalous areas defined in Figure 2 within this anomaly are: (i) West, (ii) Central, and (iii) East. Geochemical profiles along south to north lines that cross these anomalies are in Figures 3 to 8. Features of these anomalies are summarized in Table 1. Some important points are:
1. High gold in soil and silt is associated with anomalous copper and molybdenum, as is the gold mineralization at the La Colorada Mine.
2. The anomaly is not due to transport of float from the La Colorada Mine because mobile (copper, and especially zinc) and immobile (gold, molybdenum and lead) elements coincide (see right hand stacked bar graphs in Figs. 3 to 8); furthermore, ferricrete, which occurs locally in the Eastern anomaly, is unique to the general area. This ferricrete is probably proximal and indicates a sulfide rich source.
3. The Central and Eastern LCL-5 anomalies have shapes that indicate a junction of two major structural directions (approximately east-west and northeast-southwest); these trends are common to the La Colorada mine area.
4. The coincidence of high lead and zinc values in the core of porphyry mineralization is not unusual, although it is generally considered to be peripheral. For example, at Casino in the Yukon, lead and zinc targets both the copper-molybdenum mineralization and the peripheral veins.
5. Access to the property is remarkable because it is beside paved Highway 16 and is only about 30 kilometers southeast of Hermosillo. A secondary road crosses the Eastern Anomaly. Electric power lines cross the area as well.
Please find the figure1. under the following link: http://www.irw-press.com/dokumente/10021104LclNewsRelease.pdf
The three anomalous areas defined in the La Colorada 5 concession have exceptional potential for discovery of a significant gold mine. A number of other areas in the concessions held by Roma in the La Colorada Gold Camp also are known to be anomalous in gold and have significant potential. For example, there are three broad zones significantly anomalous in soil gold on the Esmeralda Grid (Fig. 1; see News Release #08 of November 23rd 2009).
Please find the figures and tables under the following link: http://www.irw-press.com/dokumente/10021104LclNewsRelease.pdf
Rome Resources Ltd. is a Canadian mineral exploration company focused on gold and copper projects in Argentina and Mexico. It is publicly traded on the TSX Venture Exchange under the symbol RMR, and the Frankfurt Exchange as 33R. Company and exploration details are available at www.RomeResources.com (click: “What’s New” [SEDAR News Releases] and “Projects”).
On behalf of the Board of Directors
“Colin I. Godwin”
Colin I. Godwin, PhD, PEng, PGeo
President and Director of Rome Resources Ltd.
Professor Emeritus, The University of British Columbia
Telephone: (604) 939-6507
Neither the 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 News Release. Colin I. Godwin, PhD, PEng, PGeo, a qualified person under National Instrument 43-101, has verified data disclosed in this release. This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA7759011017">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA7759011017</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.