Rome Resources Ltd. Outlines Three Major Gold Anomalies on the Esmeralda Grid, La Colorada Area, Son
(firmenpresse) - Rome Resources Ltd. Outlines Three Major Gold Anomalies on the Esmeralda Grid, La Colorada Area, Sonora, Mexico
News Release #08: October 23rd 2009
Rome Resources Ltd. has discovered three large gold geochemical anomalies on the Esmeralda Grid in the La Colorada Area of Sonora, Mexico (Fig. 1). The grid is about three kilometers north of the decommissioned La Colorada heap-leach gold mine that was exploited by Eldorado Gold Mines Ltd. Rome holds 21,723 hectares of concessions surrounding the core La Colorada Mine property (Fig. 1).
To view the news, including maps and figures, please follow the link:
http://www.irw-press.com/dokumente/RomeResources_091123_ENGLISH.pdf
Figure 1. Rome’s La Colorada Gold-Silver Project, about 40 kilometers southeast of Hermosillo in central Sonora, is within the Sierra Madre Trend of fabulous gold-silver mines. (Rome also holds the Don Luis greisen-porphyry tungsten-gold-molybdenum-copper prospect 45 kilometers northeast of Hermosillo.) Concessions held by Rome in the La Colorada Mine area total 21,723 hectares. The Esmeralda Grid, the focus of this release, is in the red box centered about four kilometers north of the La Colorada open pit heap-leach gold mine. Rome’s LCL-5 gold anomaly, which is 10 km long, was described in Rome’s News Release of January 25th 2009. Coordinates in all figures are NTS Nad27 Mexico.
The three soil gold anomalies discovered in the Esmeralda Grid are defined in Figures 2 to 4 and Table 1. They are named: South (1 in the figures), Esmeralda (2), and Patria (3). Mines of past significance occur at Esmeralda and Patria. However, no old workings were found near the core of the South anomaly (Fig. 2, left). These three anomalies are important because they are:
1.similar in size, at about 12 ha each, and total about 35 hectares (Table 1).
2.defined by geochemistry with soil gold values (Figs. 2 to 4) up to about 3,000 ppb gold (3 grams of gold per tonne) and rock samples locally with more than 4,000 ppb gold (4 grams of gold per tonne).
3.mainly in quartz porphyry as quartz-vein-stockworks, and quartz-vein-faults; the old Esmeralda and Patria mines are mainly within quartz-vein-faults.
4.the quartz porphyry is locally cut by andesite dykes.
5.marked by very red soil, hematite and boxwork after pyrite; thus, gold occurs in oxidized rock that probably is amenable to heap-leach extraction.
6.in open hills and valleys with easy access from the many roads established by ranchers.
7.in topography amenable to open pit development.
8.near roads, small towns, electricity and other essential infrastructure that previously supported significant open-pit mining and heap-leaching operations.
9.in the La Colorada area, and in Sonora and Mexico, all of which are supportive of mining.
To view the news, including maps and figures, please follow the link:
http://www.irw-press.com/dokumente/RomeResources_091123_ENGLISH.pdf
Figure 2. Major gold anomalies in soil within the Esmeralda Grid on Rome’s La Colorada Property. The left figure shows topography and gold (red rhombs) up to 4,000 ppb (4 grams of gold per tonne) from surface rock samples; crosses mark old pits. The right figure shows soil gold in ppb. Three north-south sections, marked by facing arrows, cross the three most anomalous areas (South = 1, Esmeralda = 2; Patria = 3). Soil-gold values along these sections are shown in Figure 4, and are up to 2,800 ppb (2.8 grams of gold per tonne). Esmeralda and Patria are two important abandoned mines.
A total of 817 samples were taken on the Esmeralda Grid (Fig. 1), the majority of which were soil samples taken at 50 meter intervals along north-south lines 100 meters apart. Geological information on rock type, soil color, presence of vein quartz, limonite, etc., was recorded at each sample site.
To view the news, including maps and figures, please follow the link:
http://www.irw-press.com/dokumente/RomeResources_091123_ENGLISH.pdf
Figure 3. The left map outlines the anomalies as defined by statistically correlated elements: gold, silver, bismuth and copper. The right map outlines the anomalies as defined by all significant metals: gold, silver, arsenic, bismuth, copper, molybdenum, lead and zinc. These two maps show that the gold anomalies are of significant size and continuous. Contour “4”, left map, appears to define the gold anomalies best and is used in estimating dimensions listed in Table 1. There are a number of small anomalies; potentially large anomalies are open in the northeast and southeast corners of the grid.
Field sampling was supervised by Ing. Jesus Bojorquez, Mexican Manager for Roma Recursos de Mexico, S.A. de C.V., which is a wholly owned subsidiary of Rome. Samples were analyzed by Pioneer Laboratories Ltd. in Richmond, B.C., Canada, and data was analyzed using statistical and GIS programs from SYSTAT Software, Inc. and MapInfo Corporation. Results are presented in Figures 2 to 4 and Table 1.
To view the news, including maps and figures, please follow the link:
http://www.irw-press.com/dokumente/RomeResources_091123_ENGLISH.pdf
Figure 4, left = South anomaly (1 in Figs. 2 & 3; line 542,600E), central = Esmeralda anomaly (2 in Figs. 2 & 3; line 542,100E), right = Patria anomaly (3 in Figs. 2 & 3; line 542,700E). Location of these south to north line profiles of gold in soil across anomalies 1 to 3 are marked by arrows in Figures 2 and 3. Note that gold values in soil are up to about 2,800 ppb (2.8 grams of gold per tonne). The widths of the gold anomalies vary from 50 to 300 meters (Table 1 and Figs. 2 & 3).
SUMMARY
Three important soil gold anomalies have been found on the Esmeralda Grid on Rome’s La Colorada property. The soil geochemical anomalies are of sufficient size and gold grade that a substantial tonnage of open-pit mineable gold oxide ore could be found.
Additional anomalous gold areas within the grid might also be highly prospective, but are smaller than the three areas focused on here. More specifically, there are anomalies in the northeast and southeast corners of the Esmeralda Grid (Fig. 3) that are open beyond the area currently surveyed in detail.
The property is ready for further evaluation by geophysics and/or reverse-circulation drilling. In addition, exploration mainly by soil geochemical sampling, is on-going throughout Rome’s La Colorada Property.
ROME RESOURCES LTD.
Rome Resources Ltd. is a Canadian mineral exploration company focused on gold, silver, tungsten, molybdenum and copper projects in Argentina and Mexico. It is publicly traded on the TSX Venture Exchange under RMR. Company details are available in English and German at www.RomeRMR.com or www.RomeResources.com (click: “What’s New” and “Projects”). All News Releases are formally published and available on SEDAR (click: “Investors”).
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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Rome Resources Ltd.
#205 - #16055 Fraser Highway
Surrey D4N 0G2
British Columbia
Canada
1-604-5072181
Datum: 23.11.2009 - 20:55 Uhr
Sprache: Deutsch
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