ONGOING EXPLORATION ON THE EAST ZONE

Target of exploration in the East Zone is a bulk-mineable, open-pit mine. The chargeability anomaly that covers this zone is coincident with geochemical anomalies in silver, gold, tungsten, copper and molybdenum. This zone is also marked by very red soil, brain rock (UST, comb quartz or crenulate quartz texture), quartz stockwork and intense muscovite alteration (greisen).

More than three kilometers of track suitable for 4-wd vehicles have given new access to the area for detailed sampling (Fig. A.1). Outcrops along these roads and new lines being cut will be sampled at about 50 meter intervals (particularly anomalous areas will be sampled in detail). This will provide geological and grade control for follow-up drilling. The roads already have facilitated the identification of three large hydrothermal breccia pipes, each 200 meters in diameter. Such breccias are highly prospective, especially given the intense limonite after sulfide that characterizes them. These breccias pipes, on the northern edge of the East Zone, are shown in Figure A.1.

Trenches (Fig. A.1), mainly dug with a back-hoe, are in anomalous areas accessible from the roads. The trenches normally will be sampled at two meter intervals.
The chargeability anomaly covering most of the East Zone is intense. It is notable that the tonnage of the area outlined by the 10-chargeability contour in Figure A.1, given a depth of 500 meters (the limit of the geophysical interpretation), is in the order of 500 million tonnes.

Tonnage potential of the East Zone in the Don Luis Silver-Gold-Tungsten Property is encouraging. This tonnage potential is complimented by favorable induced polarization (chargeability and resistivity) anomalies, geochemical anomalies and significant geology, which includes porphyritic rocks, greisen-alteration, and hydrothermal breccias pipes.

APPENDIX A. OVERVIEW OF EAST ZONE, DON LUIS GREISEN-PORPHYRY SILVER-GOLD-TUNGSTEN PROPERTY, SONORA, MEXICO

Figure A.1 shows highlights of new access and trenching underway on the East Zone of the Don Luis Greisen-Porphyry Property, Sonora, Mexico. The areas being trenched are marked by intense red zones in strongly muscovite-altered rock and breccias. It is notable that the tonnage of the area outlined by the 10-chargeability contour, given a depth of 500 meters, is in the world-class order of 500 million tonnes.

Figure A.1. East Zone, Don Luis Greisen-Porphyry Property. The colored pattern is the chargeability at a depth of 225 meters. The 10-contour outlines generalized inverted 10-chargeability for all levels to about 500 meters depth; approximate dimensions of this area, which is greater than 10-chargeability, is 1,150 meters long ENE-WSW by 400 meters wide NNW-SSE. New tracks in the zone (thin dashed purple lines) total more than three kilometers. Recent trenches to be sampled at two meter intervals are marked in green. Three large, newly identified breccias are outlined by red dashed lines at the northern edge of the figure. Haloed black squares mark new lines being established for further geological and geochemical control.

RESULTS
Location of the trenches and drill holes are in Figure 1 and Table 1. Specification for compositing of samples from the trenches and drill holes are in Tables 2 and 3. Composited results for the trenches and drill holes are presented as follows:
1. Silver intersections of interest are in Table 4.
2. Gold intersections of interest are in Table 5.
3. Tungsten intersections of interest are in Table 6.
4. Approximate US dollar intersections of gross value of silver + gold + tungsten are in Table 4.
In addition, example bar-profiles of silver, gold and tungsten are presented for diamond drill hole DLS10DD02 in Appendix A. These factors plus US$ gross value of silver + gold + tungsten for the three major rock types encountered in drilling are graphed as box plots in Appendix B.

Figure 1. Location of trenches and drill holes Don Luis Silver-Gold-Tungsten Greisen-Porphyry Property, Sonora, northern Mexico (Table 1). Trenches are marked with green squares and lines; diamond drill holes are located with black dots, with lines where inclined. Purple patterned areas are greisen that is within quartz-feldspar porphyry (blank). Areas with brain rock texture (unidirectional solidification texture) are marked by yellow stars. Dark green dashed line is an unconformity. Ignimbrite occurs south of the unconformity. Coordinates are Nad27Mexico, Zone 12.

TABLE 1. Specifications for trenches (TR01 & TR02) and drill holes (DD01 to DD09) that are plotted in Figure 1. Coordinates are Nad27Mexico, Zone 12.

TABLE 2. Metal prices used in calculating gross United States dollar value (D) of composited samples in trenches and drill holes.

TABLE 3. Specifications used in compositing of assays in trenches and drill holes.

TABLE 4. Trench and drill hole composites (specifications in Table 3) for silver (AG PPM).

TABLE 5. Trench and drill hole composites (specifications in Table 3) for gold (AU PPB).

TABLE 6. Trench and drill hole composites (specifications in Table 3) for tungsten (W PPM).

TABLE 7. Trench and drill hole composites (specifications in Table 3) for gross dollar value (US$ price in Table 2) for gold plus silver plus tungsten [US$(Ag + Au + W)].

DISCUSSION
Drilling of seven holes in the West Zone was designed to test an induced polarization chargeability anomaly with flanking high resistivity and anomalous surface geochemistry. Trenches in leached capping in this zone have indicated important values in silver, gold and tungsten. The size of the West Zone chargeability anomaly is about one kilometer in diameter (Figs. 1 to 4).
Drilling to a vertical depth of about 400 meters (Table 1) encountered only oxidized leached capping. Core recovery was poor at about only 85% for the first three holes (Table 1) due to very blocky and faulted ground. This poor core recovery might have resulted in poor recovery of silver and gold, both of which are probably concentrated in limonite that was selectively lost during drilling or trench sampling. Consequently, all assay values are probably depleted to an unknown extent. No obvious explanation for the drill-targeted chargeability and resistivity anomalies, obtained from the induced polarization survey (see News Release #05 of February 16, 2010), was obtained from the drilling.
The two drill holes that were drilled in the Central Zone (Fig. 1 & Table 1) were designed to intersect quartz-hematite breccias, but failed to do so. These breccias and surrounding greisens were bulk sampled on the surface. Assay results from this survey will be released when available.
Three major rock units were encountered. From probable oldest to youngest these units are: (i) quartz-feldspar porphyry [Appendix B: RKNO 1.0], (ii) muscovite altered quartz-feldspar porphyry [RKNO 2.0], and (iii) greisens [RKNO 3.0]. The content of silver, gold, tungsten and gross US$ value increases with the above order of the units (Appendix B); thus, the best mineralization is in the greisen.
Assay results are significant and encouraging given the preliminary stage of exploration. Silver (Table 1 and Appendix A & B) is particularly interesting. Table 4 shows that the trenches and drill holes intersected a total of 634 meters of 12 ppm silver. Table 7 evaluates the total, gross United States dollar value for silver, gold and tungsten in the trenches and drill holes. A total of about 1,247 meters of intersection with an average value of US$11.14 was encountered.

CONCLUSIONS
There are three zones at Don Luis: East Zone, Central Zone and East Zone. These zones have the potential to host significant open pit mines.
The Don Luis Zones taken together outline an intensely muscovite-quartz-limonite-hematite altered area that is more than three kilometes east-west by one kilometer north-south. This alteration system is huge and the program to date only has scratched the potential of the area. And this potential is substantial, given the encouraging results reported here. Because of poor core recovery and the oxidized nature of the rocks encountered, assay values are thought to underestimate real values. In addition, given the low “work index” of the greisenized rocks, low-grade metals might be won by relatively low cost gravity and leaching methods.
Trenching is currently underway on the East Zone with similar, but more complex, geological and geophysical characteristics to both the West Zone and Central Zone. Sampling of these trenches will commence in June.

GEOPHYSICAL SURVEY INTERPRETATION
Reconnaissance magnetic (Fig. 1) and induced polarization surveys (Fig. 2) were conducted along three lines across the East Zone of the LCL-5 Grid. Geological interpretation (Fig. 3) of the magnetic survey and the induced polarization survey, with one line shown in Figure 2, made the following assumptions: (i) intrusive granitic has high resistivity, high chargeability and high magnetics, (ii) quartzite has high resistivity and intermediate magnetics, (iii) siltstone has low resistivity, moderate chargeability and low magnetics, and (iv) faults are marked by low troughs in the magnetics and breaks in the resistivity.

Figure 1. Reconnaissance magnetic profiles and contours along three lines across the East Zone of the LCL-5 Grid. This survey, coupled with the chargeability and resistivity in Figure 2, is used for the geological interpretation in Figure 3. Coordinates are UTM Nad27 Mexico, Zone 12.

Raw data: resistivity is in the top row; chargeability is in the bottom row.

Figure 2. Induced polarization results for Line 535,000East (Figs. 1 & 3) within the East Zone of the LCL-5 Grid. Raw data and inverted models show both the resistivity (upper part of figures) and chargeability (lower part of figures). Note that the resistivity results indicate that there is a major structural break between 186,250E and 187,200E (Fig. 3, black dot). The major resistivity break, apparent in all lines surveyed, is generally coincident with the highest soil gold values (areas with greater than 500 ppb gold) in the East Zone (Figs. 1 & 3, blue contours). This break occurs on the other resistivity profiles across the East Zone.

CONCLUSIONS
The East Zone in the LCL-5 Grid has no outcrop and is very flat. Consequently, the geology is interpreted from the geophysics. The resulting geological map is shown in Figure 3.
The units and geological picture on the East Zone in the LCL-5 Grid and presented in Figure 3 is similar to the geology in the vicinity of the La Colorada Mine. The coincidence of the 2,000 meter east-west by 1,000 meter north-south soil and silt gold geochemical anomaly with favorable geology enhances the potential of the property. A reverse circulation program of drilling in the core of the East Zone will be proposed.

Figure 3. Interpreted geology on Rome’s East Zone in the LCL-5 Grid. The interpretation is constrained by the magnetic (Fig. 1) and induced polarization survey (e.g., Fig. 2). Coordinates are UTM Nad27 Mexico, Zone 12.

Much information on Rome’s La Colorada Area has been made available in Rome’s News Releases and on its web site at www.RomeResources.com (click: “What’s New” or [SEDAR News Releases] and “Projects”). Key releases include descriptions of gold and associated geochemical anomalies in soils and silts on the: (i) Esmeralda Grid [November 23rd 2009], and (ii) LCL-5 Grid [February 11th 2010]. Both zones have the potential to host several significant open pit gold mines.

Geophysical surveying will be underway in March. Exploration targets are open pit, bulk-mineable, porphyry and Carlin style mines—similar to the past producing La Colorada heap leach mine beside the village of La Colorada. Figures 1 and 2, and Tables 1 and 2, outline an estimated CAD$100,000 program of geophysics that tests key geochemical gold anomalies on the La Colorada Property that is owned entirely by Roma Recursos de Mexico, S.A. de C.V., a wholly owned subsidiary of Rome Resources Ltd. The survey is expected to define priority locations for a reverse circulation drilling program for gold discovery.

Figure 1. Proposed lines (green) for induced polarization geophysical surveys on the LCL-5 Grid. These lines total 12,300 meters (Table 1). Three zones (West, Central and East) are to be evaluated. The contours of the gold anomaly are defined by the soil geochemistry along the lines with plotted stations. The outer gold contour value is 100 ppb. Roads are marked in purple.

The geophysical contract is for a minimum of 15 line kilometers in nine lines (Table 1). However, the survey is likely to be expanded where anomalies are discovered by extensions to lines and with fill-in lines where anomalies are discovered. The objective is to use the geophysics to help target drill holes within the extensive and large soil-silt geochemical anomalies defined in Rome’s News Releases on the LCL-5 Grid (February 11th 2010) and on the Esmeralda Grid (November 23rd 2009).

Figure 2. Proposed lines (green) for induced polarization geophysical surveys on the Esmeralda Grid. These three preliminary and reconnaissance lines total 2,750 meters (Table 1). Abandoned, old mines are marked by red mine symbols. Black solid lines outline anomalous gold soil values. Northing on grid line below La Patria is 3,190,000 mN and 3,189,000 mN on the grid line below Esmeralda.

Induced polarization survey will be the focus of the geophysics. However, magnetometer profiles (to help define intrusive relationships) and VLF profiles (to help identify major structures) will also be obtained along the lines surveyed. Proposed lines are defined in Table 1, and are plotted in Figures 1 and 2. This program is expected to define priority locations for a reverse circulation drilling program.
Much information on Rome’s La Colorada Area has been made available in Rome’s News Releases and on its web site at www.RomeResources.com (click: “What’s New” or [SEDAR News Releases] and “Projects”). Key releases include descriptions of gold and associated geochemical anomalies in soils and silts on the: (i) Esmeralda Grid [November 23rd 2009], and (ii) LCL-5 Grid [February 11th 2010]. Both zones have the potential to host significant open pit gold mines.

TABLE 1. Line specifications for the induced polarization lines on the LCL-5 Grid and the Esmeralda Grid (Figs. 1 & 2).

Rome not proceeding with Debt Settlement

The Company also wishes to announce that it is not proceeding with its debt settlement originally announced on July 23, 2009, whereby 150,077.44 in debt was to have been settled by the issuance of 468,992 shares at 32 cents each.

Proposed drill hole locations on the West Zone are shown on Figures 1 to 4. Figure 1 shows holes with respect to geology. Figure 2 shows the intersection of the holes with the inverted chargeability at the -175 meter level. Figures 3 and 4 show the holes in cross-section on inverted chargeability with soil geochemical profiles plotted above the section.

Figure 1. Geology of the Don Luis Greisen-Porphyry Gold-Tungsten-Copper Property, Sonora, Mexico. The inverted chargeability of the West Zone at the -175 meter level is detailed in Figure 2. Initial drilling of proposed drill holes 1 to 8 is planned for the West Zone (the East Zone has similar potential). Inverted chargeability and drill hole details are on Section 3,261,500 North and Section 534,850 East in Figures 3 and 4. (Coordinates are UTM Nad27Mexico.)

Drilling is designed to test an induced polarization chargeability anomaly with flanking high resistivity and anomalous surface geochemistry. Trenches in leached capping have indicated important values in gold and tungsten. Low copper values are typical of leached cap; however, copper, partly supergene enriched, is expected at depth.

Figure 2. Proposed drill holes 1 to 8 in the West Zone of the Don Luis Property with respect to inverted chargeability at the -175 meter level. The anomaly being tested (>12 contour) is about one kilometer across at this level (cf. Fig. 1).

Figure 3. West to east cross-section at 3,261,500 north (Fig. 1) on the West Zone of the Don Luis Property. Proposed drill holes are located on inverted chargeabilty; soil geochemical profiles are plotted above. Purple dashed lines define area of intermediate resistivity.

Figure 4. South to north cross-section at 534,850 east (Fig. 1) on the West Zone of the Don Luis Property. Proposed drill holes are located on inverted chargeabilty; soil geochemical profiles are plotted above.

Much information on the Don Luis Area has been made available in Rome’s News Releases and on its web site at www.RomeResources.com (click: “What’s New” or [SEDAR News Releases] and “Projects”). Key releases include ones on: (i) property acquisition [15th November 2007, 28th March 2008 & 7th April 2008], (ii) geological, geochemical and geophysical results [26th March 2008 & 8th October 2008] and (ii) results from shallow trenching [19th November 2007].

The area is easily accessible. This has been facilitated by a newly completed paved road to the village of San Miguel de Horcasitas, which is within 10 kilometers of the proposed drilling program. Good gravel roads provide excellent access to most of the property to be drilled.

The size of the West Zone anomaly is about one kilometer in diameter (Figs. 1 to 4). The geological characteristics, geochemistry and induced polarization anomalies of the West Zone indicate that an open pit, porphyry style deposit of major size might be discovered. The East Zone (Fig. 1), with similar but more complex geological and geophysical characteristics to the West Zone, also requires drill testing in the near future. The West Zone also has the potential to host a significant open pit mine.

The area in the core of the claim block outlined in Figure 1 is mainly held by and is being explored by Pediment Gold Corp. This area includes the site of a large open-pit heap-leach bulk-gold mine of Eldorado Gold Corporation, which has been deactivated. Many characteristics of the mine and the geological setting are similar to those associated with porphyry-gold and Carlin type deposits. The La Colorada Mine was one of the first major gold mines in Mexico. Historically, the central mine area has produced over three million ounces of gold; Eldorado Gold produced more than 500,000 ounces from their open pits. This significant gold camp, much of which is held by Roma, is highly prospective for discovery of major new gold mines.

Roma’s LCL-5 Gold Anomaly in Figure 2 (first announced in Rome’s News Release of 25th February 2009) is based on 2,678 soil and 134 silt samples taken on a grid with lines generally 200 meters apart and samples at 50 meter stations; all analyses were by Pioneer Laboratories Inc. of Richmond, B.C. As defined by >100ppb gold, the anomaly overall is about 10 kilometers long, east-west, and up to 1.5 kilometers wide, north-south. Three main anomalous areas defined in Figure 2 within this anomaly are: (i) West, (ii) Central, and (iii) East. Geochemical profiles along south to north lines that cross these anomalies are in Figures 3 to 8. Features of these anomalies are summarized in Table 1. Some important points are:
1. High gold in soil and silt is associated with anomalous copper and molybdenum, as is the gold mineralization at the La Colorada Mine.
2. The anomaly is not due to transport of float from the La Colorada Mine because mobile (copper, and especially zinc) and immobile (gold, molybdenum and lead) elements coincide (see right hand stacked bar graphs in Figs. 3 to 8); furthermore, ferricrete, which occurs locally in the Eastern anomaly, is unique to the general area. This ferricrete is probably proximal and indicates a sulfide rich source.
3. The Central and Eastern LCL-5 anomalies have shapes that indicate a junction of two major structural directions (approximately east-west and northeast-southwest); these trends are common to the La Colorada mine area.
4. The coincidence of high lead and zinc values in the core of porphyry mineralization is not unusual, although it is generally considered to be peripheral. For example, at Casino in the Yukon, lead and zinc targets both the copper-molybdenum mineralization and the peripheral veins.
5. Access to the property is remarkable because it is beside paved Highway 16 and is only about 30 kilometers southeast of Hermosillo. A secondary road crosses the Eastern Anomaly. Electric power lines cross the area as well.

Figure 1. The La Colorada 5 concession (4,614 ha) lies within the 28,155 hectare block held by Roma Recursos de Mexico, S.A. de C.V., a wholly owned subsidiary of Rome Resources Ltd. The village of La Colorada on paved Highway 16 is near the center of the excluded gray area held mainly by Pediment Gold Corp. This town is beside the deactivated La Colorada Open Pit Gold Mine, which was operated by Eldorado Gold Corp. (Coordinates are UTM Nad27Mexico.)

The three anomalous areas defined in the La Colorada 5 concession have exceptional potential for discovery of a significant gold mine. A number of other areas in the concessions held by Roma in the La Colorada Gold Camp also are known to be anomalous in gold and have significant potential. For example, there are three broad zones significantly anomalous in soil gold on the Esmeralda Grid (Fig. 1; see News Release #08 of November 23rd 2009).

Figure 2. Gold geochemical anomalies in soil (contoured with red >100 ppb) and silt (blue bubble plot) on Roma’s La Colorada 5 concession cover a zone about 10 kilometers long east-west and up to 1.5 kilometers wide north-south. The three main anomalous areas are: (i) West Zone, (ii) Central Zone, and (iii) East Zone. Features of these zones are summarized in the text, in Table 1, and in the south to north geochemical profiles across these zones presented in Figures 3 to 8. (Coordinates are UTM Nad27Mexico.)

TABLE 1. Characteristics of Roma’s La Colorada 5 Western, Central and Eastern LCL-5 Anomalies.

Figure 3. WEST ZONE: line 527,400 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Figure 4. WEST ZONE: line 528,200 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Figure 5. CENTRAL ZONE: line 530,600 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Figure 6. CENTRAL ZONE: line 531,200 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Figure 7. EAST ZONE: line 535,000 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Figure 8. EAST ZONE: line 535,800 east (Fig. 2). South to north profiles of soil plus silt geochemical values. (Coordinates are UTM Nad27Mexico.)

Roma’s concessions (Fig. 1) surround the La Colorada Gold Mine in Sonora, northern Mexico. However, the “La Colorada 6” concession mainly protects the northern flank of Roma’s LCL-5 gold anomaly, which is about 13 kilometers long, east-west, and 1 to 2 kilometers wide, north-south (Fig. 1). Bulk-tonnage open-pit disseminated gold, of the porphyry-gold and Carlin types, are the exploration targets in this area.

Map of La Colorada 6

Figure 1. Location of Roma’s La Colorada 6 concession of 5,902 hectares within the 28,155 hectare block held by Rome Resources Ltd. (Table 1). The small village of La Colorada is on paved Highway 16 near the center of the excluded gray area which surrounds the deactivated open pit gold mine of Eldorado Gold.

The area in the core of the claim block outlined in Figure 1 is mainly held by and is being explored by Pediment Gold Corp. This area includes the site of a large open-pit heap-leach bulk-gold mine of Eldorado Gold Corporation, which has been deactivated. Many characteristics of the mine and the geological setting are similar to those associated with porphyry-gold and Carlin type deposits.
The La Colorada mine was one of the first major gold mines in Mexico. Historically, the central mine has produced over three million ounces of gold; Eldorado Gold produced more than 500,000 ounces from their open pits. This gold camp, much of which is held by Roma, is highly prospective for discovery of major new gold mines.