Romios Gold Resources Inc. reported that its 2022 IP (Induced Polarization) survey at Trek South has detected a strong IP chargeability high interpreted to be >800 m long and up to 500 m wide that extends beyond 600 m depth beneath both a large, newly discovered, copper and tungsten bearing skarn, and the ~1 km wide porphyry-style alteration and mineralization zone discovered in 2021. Additionally, the IP anomaly flanks both a recently exposed granodiorite pluton and a postulated buried pluton reflected by a circular aeromagnetic high. The skarns and the coincident IP anomaly strike toward both a newly mapped granodiorite pluton >600 m wide and a suspected buried pluton, ~1.1 km x 0.8 km, indicated by a recently completed inversion model of an aeromagnetic high.

The contacts of the Trek South skarn/IP anomaly with these 2 nearby plutons represent high priority drill targets as the intersection of skarn zones with their source pluton can typically be expected to produce an increase in their size and grade. The Trek South project sits within 1.3 km of the partially cleared road route to Teck and Newmont's enormous Galore Creek Cu-Au porphyry deposit(s) and just 13 km from the proposed Galore Creek mill site (www.gcmc.ca). SUPPORTING DETAILS: COPPER-TUNGSTEN SKARN: High tungsten values have been returned from Trek South for the first time and are localised in a large area of newly discovered skarnified limestone and siltstone.

It should be noted that tungsten mineralization is often difficult to discern and was not obvious in the field; its presence was revealed only by assays, consequently it has not been sampled or mapped in any systematic detail as yet. The samples referred to in this release were primarily of gossanous, pyritic zones in the skarns and include grabs and numerous chip samples across 10-30 cm widths as well as several wider chip samples with appreciable tungsten grades, e.g. 2.0 m @ 0.16% WO3 and 0.5 m @ 0.4% WO3. IP SURVEY: The IP (Induced Polarization) geophysical technique is particularly effective at detecting disseminated sulphide minerals such as chalcopyrite and pyrite dispersed throughout the targeted host rocks.

In July 2022, Simcoe Geoscience completed 3 lines of Alpha IPTM over the Trek South porphyry target and the newly discovered Cu-W skarn adjacent to it with very encouraging results. 3D MAGNETIC SUSCEPTIBILITY MODEL OF 2007 AEROMAGNETIC SURVEY: An aeromagnetic survey was completed over the Trek claims for Romios in 2007 by Fugro Airborne Surveys Inc. The resultant maps clearly show a circular magnetic feature approximately 1.1 km x 0.8 km that underlies a large portion of the now ice-free Trek South porphyry-style epidote alteration and quartz-pyrite stockwork area. In 2022, Simcoe Geoscience completed a 3D inversion model of this aeromagnetic data over the area covered by IP Line 1 and the coincident MT survey line.

This model supports the presence of a large pluton under the centre of the porphyry system. GEOLOGICAL SETTING AND ONGOING STUDIES: Trek South is underlain mainly by late Triassic Stuhini Group mafic volcanics (andesites and basalts) and several recently discovered formations of limestone, calcareous siltstones, and conglomerates that are commonly skarnified over large areas. Romios is now undertaking various studies to help clarify important aspects of the geology, including age-dating of two intrusive phases.

RELATION TO THE TREK SOUTH PORPHYRY SYSTEM: The same productive granitoid intrusions that produce porphyry copper-gold deposits commonly produce skarn or other types of replacement mineralization along their margins if they intersect limestone or other calcareous sediments or volcanics. This is especially true in the case of the alkalic porphyries that are so common in the Golden Triangle; for example, in the case of the Galore Creek deposit(s), a large proportion of the mineralization is found in the sedimentary and volcanic rocks that are cut by the alkalic intrusions.