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Romios Gold Resources Inc. Announces Sale of Select Golden Triangle British Columbia Claim Blocks to Galore Creek Mining Corporation
Newsfileยท 2025-07-10 11:30
Core Points - Romios Gold Resources Inc. has sold five claim blocks in the Golden Triangle region of British Columbia to Galore Creek Mining Corporation for $100,000 CAD and a Net Smelter Return (NSR) royalty of up to 2% on each claim block [1][2] - The claim blocks sold include Boulder, JW West, Porc, North East, and North West [2] - The agreement allows GCMC to purchase portions of the NSR, with specific buy-back options outlined [5] Company Strategy - Romios Gold is undergoing an internal review to prioritize core assets for future exploration, focusing on advancing the Trek Project and the large-scale Trek South Prospect [2] - The identified claim blocks were deemed non-core, leading to their sale to GCMC [2] Company Overview - Romios Gold Resources Inc. is a Canadian mineral exploration company focused on precious and base metals, primarily gold, copper, and silver [6] - The company holds a 100% interest in the Lundmark-Akow Lake Au-Cu property and has extensive claim holdings in the Golden Triangle [6] - Additional interests include former producers in Nevada and ongoing interests in several properties with NSR royalties [6]