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Romios Gold Resources Inc
Symbol RG
Shares Issued 326,859,969
Close 2026-01-22 C$ 0.035
Market Cap C$ 11,440,099
Recent Sedar+ Documents

Romios completes NI 43-101 report for Trek

2026-01-22 17:19 ET - News Release

Mr. Kevin Keough reports

ROMIOS ANNOUNCES COMPLETION OF NI 43-101 TECHNICAL REPORT FOR THE 100% OWNED TREK PROPERTY IN BC'S GOLDEN TRIANGLE, INCLUDING THE DRILL-READY TREK SOUTH PORPHYRY COPPER-GOLD PROSPECT

Romios Gold Resources Inc. has completed a National Instrument 43-101 technical report dated Jan. 20, 2026, entitled "Technical Report on the Trek Property" in respect of its 100-per-cent-owned Trek property in the Golden Triangle area of British Columbia. The technical report was written by independent qualified person Linda Dandy, PGeo, and non-independent qualified person John L. Biczok, PGeo, the vice-president, exploration, for the company, in accordance with Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects and Form 43-101F1. A copy of the technical report is available on the company's website and on the company's SEDAR+ issuer profile.

The technical report has been prepared in support of company plans to initiate the first ever drilling in the 2026 field season of the fully drill-permitted Trek South porphyry copper-gold prospect. Trek South is located on the accessible south side of the Boundary range adjacent to Galore Creek Mining Corp.'s Isba construction camp and just 7.5 kilometres southeast of the giant Galore Creek porphyry deposits, currently undergoing prefeasibility studies by GCMC's 50/50 joint venture partners Teck and Newmont. For more information on the Trek South prospect, please see the company news release and chief executive officer letter to shareholders dated Dec. 15, 2025, and Trek South presentation available at: the Romios website.

Key technical report recommendations

The technical report recommends two initial phases of drilling at Trek South, with widely spaced holes appropriate to the porphyry copper-gold-silver target type and the large scale of the prospect. In addition, work is recommended to advance other nearby prospects on the target-rich Trek property:

  • Phase 1 Trek South drill program: 4,650 metres of drilling in eight widely spaced angled core holes targeting the prominent magnetic high and coincident induced polarization chargeability high and IP resistivity low, present below a large area of intense porphyry-style alteration and values of copper, gold and silver in bedrock; the work would be carried out from an on-site camp with helicopter support; estimated budget: $3.6-million.

Subject to the success of phase 1 and in light of the limited seasonal weather window (roughly, June/July through early October), the technical report recommends being prepared to move quickly into a phase 2 drill program, expanding the drilled area with step-backs and stepouts as follows:

  • Phase 2 Trek South drill program: 4,600 metres of drilling in eight widely spaced angled core holes; estimated budget: $3.2-million.

Financing plans, name change and share consolidation

At the company's annual general and special meeting held on Friday, Jan. 16, 2026, shareholders overwhelmingly endorsed a proposed name change to Oreterra Metals Corp., along with a proposal to authorize a share capital consolidation of up to 10 preconsolidation shares for one new postconsolidation share. The company is also in the process of pricing a postconsolidation private placement financing that builds off the technical report recommendations. Further guidance on the financing, the consolidation, and timelines to formal adoption of the new name and a new trading symbol will be announced in the near future. The proposed financing and the consolidation will be subject to the receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.

Qualified persons

The technical information in this news release has been reviewed and approved by independent qualified person Linda Dandy, PGeo, and non-independent qualified person John Biczok, PGeo, vice-president, exploration, for Romios Gold.

About Romios Gold Resources Inc.

A restructuring process has been under way at Romios for the past half-year. This process culminated at an annual general and special meeting of the company held on Jan. 16, 2026, the results of which were announced on Jan. 19, 2026. The purpose of this restructuring effort has been to improve the company's market appeal, such that it is better positioned to raise the new capital required to complete the initial phases of drilling at the Trek South prospect recommended by the technical report. A broad range of geosciences applied to the Trek South prospect in the period since 2021, including mapping, sampling, magnetic, IP and magnetotelluric geophysical surveys, has delivered high-order, complementary results that all vector to the same conclusion: that the target area offers high discovery potential.

Additional wholly owned company property interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane trend covering numerous shallow gold-silver-copper workings over what is believed to be one or more porphyry centres (source: J. Biczok, PGeo, June, 2025, Kinkaid gold-copper-silver project) and the Scossa mine property in the Sleeper trend, which is a former high-grade gold producer (source: J. Biczok, PGeo, July, 2025, Scossa historic gold mine property). The company also holds a 100-per-cent interest in the large Lundmark-Akow Lake gold-copper property adjacent to the northwest of the Musselwhite mine in Northwestern Ontario, where drilling by the company has produced highly encouraging, broad volcanogenic massive sulphide style gold-copper intersections.

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