Rome Resources Ltd.

March 23, 2011 14:52 ET

Rome Resources Ltd.: Proposed Reverse Circulation Drilling on West Zone, Based Mainly on Trench Analyses, Don Luis Property, Sonora, Mexico

SURREY, BRITISH COLUMBIA--(Marketwire - March 23, 2011) - Rome Resources Ltd. (TSX VENTURE:RMR) (FRANKFURT:33R) is pleased to announce results of trenching in the West Zone (Fig. A1) on the Don Luis Property, Sonora, Mexico. Proposed locations of 273 reverse circulation drill holes (Fig. A2) are justified by results from trench sampling coupled with results from geochemical soil and mineralized rock sampling.

The Don Luis Property is about 45 km north-northeast of Hermosillo, the capital of Sonora. The location of the West Zone, with respect to the rest of the Don Luis Property, is shown in Figure A1. Each of the three zones, West, Central and East are marked by geochemical soil anomalies that individually are about 500 meters in diameter (Fig. A1). These zones are also marked by coincident greisen-alteration, "brain" rock (UST texture) and local greisen-breccia (see fig. A1 in Rome's News Release #1, January 11th 2011).

A total of 2,978 meters of trenches were sampled at two meter intervals in the West Zone. These trenches, shown in Figures A2 to A5, were sampled at two meter intervals. Each sample weighed about 10 kilograms and was pulverized by Laboratorio Technologico de Metalurgia, S.A. de C.V., Hermosillo, Sonora. These pulps were analyzed in-house with a Niton X-ray fluorescence analyzer. Tungsten, molybdenum and tin analyses were adjusted based on correlation with 109 samples that were also analyzed by ALS-Chemex Ltd., North Vancouver, B.C. Lead and arsenic values, reported here, were not adjusted. On some diagrams results from soil geochemical analyses from a north-south soil grid are shown; these analyses were by Pioneer Laboratories Inc. of Richmond, B.C.

Best results for all significant metals analyzed are concentrated within greisen-porphyry around diamond drill hole DLS10DD02. (This 400 meter deep drill hole returned 280 meters grading 12 grams per tonne silver—see Table 4 in Rome's News Release #10, May 28th 2010). A preliminary drilling pattern, based on these results (some of which are shown in Figures A3 to A5) is shown in Figure A2. This drilling pattern will be modified as additional information is acquired and interpreted. Our results support the drilling of all 275 reverse circulation holes; however, grid spacing will start at 100 meters apart rather than the 50 meter spacing shown in Figure A2. Thirty-seven of the holes proposed are first priority holes, 28 are second priority, and 210 are third priority. Drilling is expected to begin in early April following delivery of our new, state-of-the-art Prospector II Reverse Circulation Drill. This drill will allow drilling of holes to a depth of about 100 meters. Note, however, that diamond drill holes DLS10DD01 and 02 intersected significant silver in intervals from their tops to their bottoms at 400 meters depth—all in leached capping (see Table 4 in Rome's News Release #10, May 28th 2010). Below this depth supergene copper enrichment might exist given the red-hematitic limonite and subdued copper values in the surface capping rock (Fig. A5).

Anomalous trench sample values for lead (pathfinder for silver), tungsten, molybdenum, arsenic (reflection of gold) and tin are summarized in Table A1. Results for lead and silver are in Figure A3. Tungsten is shown in Figure A4.

Rome Resources Ltd. is a Canadian mineral exploration company focused on gold, silver, copper and tungsten projects in Argentina and Mexico. It is publicly traded on the TSX Venture Exchange under the symbol RMR, and on the Frankfurt Exchange as 33R. Company and exploration details are available at: http://www.romeresources.com (click: "What's New" [SEDAR News Releases] and "Projects").

On behalf of the Board of Directors

Rome Resources Ltd.

Colin I. Godwin, PhD, PEng, PGeo, President and Director

Colin I. Godwin, PhD, PEng, PGeo, a qualified person under National Instrument 43-101, has verified data disclosed in this release. This News Release may contain 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.

To view Appendix A, please visit the following link:

http://media3.marketwire.com/docs/323rmr_map.pdf

CH Valoren No: 699 171

WKN: 886289

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.

Contact Information

  • Rome Resources Ltd.
    Colin I. Godwin, PhD, PEng, PGeo
    President and Director
    Professor Emeritus, The University of British Columbia
    +(604) 939-6507
    cigodwin@yahoo.com