Northwire Canada EditionSunday, July 19, 2026
Northwire
AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Technical Study

Romios completes NI 43-101 report for Trek

OTMC · Price

Executive Summary

  • Romios Gold Resources Inc. has completed a NI 43-101 technical report for its 100% owned Trek property in BC’s Golden Triangle, specifically focusing on the drill-ready Trek South porphyry copper-gold prospect.
  • The report recommends two phases of drilling at Trek South: Phase 1 involves 4,650 meters in eight holes with an estimated budget of $3.6 million, and Phase 2 involves 4,600 meters in eight holes with an estimated budget of $3.2 million.
  • Shareholders recently approved a name change to Oreterra Metals Corp. and a share consolidation (up to 10-for-1). The company is currently pricing a private placement financing to fund the recommended drilling programs, subject to regulatory approvals.

Key Details

  • Technical Report: Completed Jan. 20, 2026, authored by independent qualified person Linda Dandy, PGeo, and non-independent qualified person John L. Biczok, PGeo.
  • Project Location: Trek South porphyry copper-gold prospect, located on the accessible south side of the Boundary range, adjacent to Galore Creek Mining Corp.'s Isba construction camp, 7.5 km southeast of the Galore Creek deposits.
  • Phase 1 Drilling Plan:
    • Target: 4,650 meters of drilling in eight widely spaced angled core holes.
    • Objective: Target prominent magnetic high, coincident induced polarization (IP) chargeability high, and IP resistivity low below intense porphyry-style alteration.
    • Logistics: On-site camp with helicopter support.
    • Estimated Budget: $3.6 million.
  • Phase 2 Drilling Plan:
    • Trigger: Subject to success of Phase 1 and weather window (June/July through early October).
    • Target: 4,600 meters of drilling in eight widely spaced angled core holes.
    • Objective: Expand drilled area with step-backs and stepouts.
    • Estimated Budget: $3.2 million.
  • Corporate Actions:
    • Name Change: Approved by shareholders on Jan. 16, 2026, to change name from Romios Gold Resources Inc. to Oreterra Metals Corp.
    • Share Consolidation: Authorized up to 10 preconsolidation shares for one new postconsolidation share.
    • Financing: Company is in the process of pricing a postconsolidation private placement financing to build off technical report recommendations.
    • Regulatory Status: Name change, consolidation, and financing are subject to TSX Venture Exchange and other regulatory approvals.
  • Additional Assets:
    • Kinkaid claims (Nevada): Shallow gold-silver-copper workings over porphyry centers.
    • Scossa mine property (Nevada): Former high-grade gold producer.
    • Lundmark-Akow Lake property (Ontario): 100% interest; previous drilling produced broad volcanogenic massive sulphide style gold-copper intersections.

Notable Quotes

  • "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... has delivered high-order, complementary results that all vector to the same conclusion: that the target area offers high discovery potential."
Read the original news release →

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