NEWS RELEASES

The TSX Venture Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of these releases. President and Director Colin Godwin, PhD, PEng, PGeo, telephone (604)507-2181, is a qualified person as defined in National Instrument 43-101 and has verified data disclosed in these news releases.

Press Releases can also viewed on SEDAR

Click for:

• October 31, 2006. ROME RESOURCES LTD. CLAIMS FIVE KEY GOLD CONCESSIONS (TOTALING 17,463 HA) AROUND THE LA COLORADA GOLD MINE IN SONORA, NORTHERN MEXICO
• October 23, 2006. RECENTLY ACQUIRED URANIUM CONCESSIONS MATIAS 5 (2,600 HA) & COLOR 15 (10,000 HA) IN LA RIOJA, BRING ROME’S TOTAL URANIUM CONCESSIONS IN NORTHERN ARGENTINA TO 171,659 HECTARES
• October 17, 2006. ROME RESOURCES LTD. REORGANIZES HOLDINGS (NOW TOTALING 17,390 HA) ON THE VARVARCO GOLD-COPPER VEIN AND PORPHYRY PROJECT IN CENTRAL-WESTERN ARGENTINA
• October 13 2006. ROME RESOURCES LTD. ANNOUNCES PRIVATE PLACEMENT
• September 25, 2006. EL TORO DIAMOND DRILL TARGETS FOR OCTOBER PROGRAM ON INGUARAN PORPHYRY COPPER-SILVER PROPERTY MICHOACAN, CENTRAL-WESTERN MEXICO
September 05, 2006. ROME ADDS THE MATIAS 1 – 4 CONCESSIONS (39,935 HA) TO ITS URANIUM PROPERTIES IN LA RIOJA PROVINCE, CENTRAL ARGENTINA
• August 21, 2006. ROME CONTRACTS MAJOR DRILLING DE MEXICO, S.A. DE C.V. TO DIAMOND DRILL A MINIMUM OF 3,000 M ON THE INGUARAN COPPER-PORPHYRY PROJECT IN MICHOACAN, CENTRAL-WESTERN MEXICO
• August 16, 2006. ROME OPTIONS 120 HECTARES, IN TWO CONCESSIONS, NEAR THE NE-CORNER OF THE INGUARAN COPPER-PORPHYRY PROPERTY, WHICH TOTALS 10,955 HA, IN MICHOACAN, CENTRAL-WESTERN MEXICO
• May 11, 2006. Overview of New Uranium Concessions, held by Rome Resources Ltd., That total About 119,123 Hectares, in the La Rioja and San Luis Provinces, Central Argentina
• May 04, 2006. Rome Obtains the "Rocio 15" and "Sean 15" Uranium Concessions Totaling About 6,000 Hectares, Quines District, San Luis, Central Argentina
• May 02, 2006. Rome Announces Private Placement 
• April 27, 2006. Rome Obtains 35,209 Hectares in Uranium Concessions Covering a More Than 50 Km Long Carboniferous-Permian River Channel in the Chepes Area, La Rioja Province, Central-Western Argentina
• April 20, 2006. Rome Obtains 14,112 Hectares of Uranium Concessions Over a 35 Km Long Carboniferous-Permian Paleo-River-Channel in the Malanzan to Olta Area, La Rioja Province, Central-Western Argentina
• April 13, 2006. Rome Stakes the "Isobel 15" Uranium Concession of 3,450 Ha Surrounding the San Sebastian Uranium Mine, Sanogasta District, La Rioja, North-Western Argentina
• March 2, 2006. Rome Obtains Seven Concessions for Uranium in Three Areas Totaling 60,800 Hectares in the Provinces of la Rioja and San Luis, Central Argentina
• March 1, 2006. Geophysical and Geochemical Results on the Inguaran Porphyry "Copper-Silver Property, Michoacan, Central-Western Mexico
• February 28, 2006. 1,122 Hectares Optioned and Added to the Northeastern Corner of the Inguaran Porphyry Copper-Silver Property (Now Totals 10,883 Ha), Michoacan, Central-Western Mexico
• September 15, 2005. Geophysical-Geochemical-Geological Exploration Continues at La Huacana Copper-Porphyry Project, Michoacan, Central-Western Mexico
• July 06, 2005. Jesus Bojorquez Appointed as Mexican Director of Minera Jackman S.A. de C.V., the Wholly Owned Mexican Subsidiary of Rome Resources Ltd.
• June 30, 2005. Rome Resources Ltd. Reports Results of February-March 2005 Trenching on the Santos Au-Ag Vein Area, Varvarco Cu-Au-Ag Property, Neuquen Province, Central-Western Argentina
• March 07, 2005. Rome Resources Ltd. Reports Check Assays for Copper and Other Analyses from Diamond Drill Holes on the Inguaran Porphyry Copper Property, Michoacan, Central-Western Mexico
• February 28, 2005. Rome Resources Ltd. Trenches the Santos Gold Vein Area, Varvarco Property, Neuquen Province, Central-Western Argentina
• February 25, 2005. Rome Resources Ltd. Reports Check Assays for Copper and Other Analyses from its Reconnaissance Diamond Drill Hole on the San Isidro Porphyry Copper Property, Michoacan, Central-Western Mexico
• February 24, 2005. Rome Resources Ltd. Acquires 2,855 Hectares to Expand the San Isidro Copper Porphyry Project, Michoacan, Central-Western Mexico
• February 22, 2005. Rome Resources Ltd. Announces Copper Assays from, Reconnaissance Diamond Drill Hole, San Isidro Porphyry Copper Property, Michoacan, Central-Western Mexico
• February 17, 2005. Rome Resources Ltd. Acquires three New Properties Totaling 3,894 Hectares to Extend the Inguaran Copper Porphyry Project, Michoacan, Central-Western Mexico
• February 07, 2005. Rome Resources Ltd. Reports Copper Results from October and November 2004 Diamond Drilling and Trenching on the Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico
• December 22, 2004. Rome Announces $1,020,000 Private Placement
• November 10, 2004. Rome is Actively Diamond Drilling on the Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico
• October 27, 2004. Drilling Program Commences on the Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico, and Private Placement Arranged
• June 22, 2004. Rome to Diamond Drill 2,500 M at Inguaran Porphyry Project, Michoacan, Mexico
• April 26, 2004. Geological Setting of the San Isidro and Inguaran Porphyry Projects, Michoacan, Mexico
• April 13, 2004. Detailed Results on Dos Cerritos and Manga Showings, Inguaran Porphyry Project, Michoacan, Mexico
• April 05, 2004. Continuing US$15,000 Reconnaissance Exploration at Varvarco, Argentina
• March 30, 2004. Rome Closes Private Placement
• March 29, 2004. Geophysical and Geochemical Results, Inguaran Cu-Ag-Au-W Porphyry Project, Michoacan, Central-Western Mexico
• February 23, 2004. Preliminary Results of Nov-Dec 2003 Geophysical & Geochemical Program on Santos Au-Ag Vein Area, Varvarco Cu-Mo-Au-Ag Property, Neuquen Province, Central-Western Argentina
• February 18, 2004. Preliminary Results of Nov-Dec 2003 Geological, Geophysical & Geochemical Program on Auque Cap Area, Varvarco Cu-Mo-Au-Ag Property, Neuquen Province, Central-Western Argentina
• February 16, 2004. Preliminary Results of Nov-Dec 2003 Geological, Geophysical & Geochemical Program on Auque Breccia Area, Varvarco Cu-Mo-Au-Ag Property, Neuquen Province, Central-Western Argentina
• February 10, 2004. Rome Announces $1,020,000 Private Placement
• January 27, 2004. Rome Announces US$80,000 Geophysical, Geological and Geochemical Survey to Extend Previous Geophysical Survey on the Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico
• January 26, 2004. Results of US$40,000 Geophysical Geochemical and Geological Survey on the Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico
• January 22, 2004. Anali Claim (150 Hectares) Purchased for Rome's Inguaran Copper-Silver-Gold-Tungsten Porphyry Project, Michoacan, Central-Western Mexico
• January 12, 2004. 3,767 Hectares Staked and Added to Rome's Inguaran Copper-Silver-Gold-Tungsten Porphyry Property, Michoacan, Central-Western Mexico
• January 9, 2004. Rome Announces Change of Directors and Stock Option Grant

NEWS RELEASE: October 31, 2006. ~top~
ROME RESOURCES LTD. CLAIMS FIVE KEY GOLD CONCESSIONS
(TOTALING 17,463 HA) AROUND THE LA COLORADA GOLD MINE
IN SONORA, NORTHERN MEXICO

Rome Resources Ltd. has obtained five key gold concessions around the La Colorada Gold Mine in Sonora, northern Mexico. The area is approximately 40 kilometers southeast of Hermosillo, the capital of Sonora. The five concessions total 17,463 hectares (Table 1) and tightly surround the recently deactivated La Colorada Gold Mine. Figure 1 shows the general location of this property within Mexico. Figure 2 is a more detailed map showing the strategic locations of the concessions around the mine block. Large bulk-tonnage open-pit disseminated gold, of the Carlin type, is the target of exploration in this area.


Figure 1. General location of the La Colorada concessions, about 40 kilometers southwest of Hermosillo, Sonora, northern Mexico.

TABLE 1. Property Held by Rome Resources Ltd. in the La Colorada Gold Area.

Rome Resources Ltd. wishes to announce that it has acquired an additional two concessions increasing its holdings to 22 concessions totaling 171,659 hectares for uranium exploration in La Rioja and San Luis provinces of northern Argentina. These concessions for uranium prospecting are located generally in Figure 1 and are detailed in Table 1. The concessions have varied geological settings and surround a variety of uranium, and locally associated, rare earth element and copper showings. However, the majority of area claimed is located in La Rioja Province and is related to the Carboniferous to Permian Panganzo Basin, which is outlined in green on Figure 1. The key significance of the Panganzo Basin to uranium exploration was outlined in the Rome News Release of May 11th 2006.

The two additional concessions, obtained during September 2006 in the Province of La Rioja, are:
1. Matias 5 (Fig. 2; Table 1: 2,600 hectares) that ties onto concessions Matias 1 to 4 (Fig. 2 and News Release of September 5th 2006).
2. Color 15 (Fig. 3; Table 1: 10,000 hectares), which is about 20 kilometers northwest of the past producing Los Mogotes Colorados roll-front type uranium mine.

Both new concession areas potentially host roll-front and humic type uranium deposits. The Color 15 concession is underlain shallowly by an unconformity with granitic rocks indicating that unconformity type uranium deposits might also occur.
Uranium exploration in central Argentina offers opportunities for discoveries of new uranium mines. Rome Resources Ltd. with a portfolio of 22 concessions totaling 171,659 hectares (Table 1) is in a strong position for ongoing exploration.


Figure 1. General locations of Rome properties in La Rioja and San Luis Province, northern Argentina. Rome’s properties, from north to south, are in the following districts (Table 1): Guandacol (MAT), Sanogasta (SAN), Los Colorados (COL), Malanzan (MAL), Olta (OLT), Chepes (CHP), Santa Rosa (SRS), Quines (QUN), and La Suiza (LSZ). Total concession area held by Rome is 171,659 hectares. Green outline defines the Carboniferous-Permian Panganzo Basin. New concessions obtained in September 2006 are: (i) Matias 5, located at MAT, and (ii) Color 15, located at COL.


Figure 2. Matias 5 Concession, marked in red, is in the Guandacol District, Province of La Rioja in northern Argentina. Black area marks location of Matias 1 to 4. Background is satellite image. Coordinates are Gauss Kruger (WGS84).


Figure 3. Color 15 Concession is in the Los Colorados District, Province of La Rioja in northern Argentina. Background is geology (pink plus crosses = granite; solid pink = Carboniferous-Permian sandstone & conglomerate of the Panganzo Basin). Note roll front, past producing uranium mine at Los Mogotes Colorados, about 20 kilometers southeast of the Color 15 concession. Coordinates are Gauss Kruger (WGS84).

TABLE 1. Uranium Concessions (Total 171,659 Hectares) Held by Rome Resources Ltd. Matias 5 and Color 5 Concessions (12,600 Hectares) were obtained in September 2006.

TABLE 1. Property Held by Rome Resources Ltd. in the Varvarco Gold-Copper Vein and Porphyry Property in Central-Western Argentina. Boundaries are plotted in Fig. 1.

The reduction of the overall holdings focuses on the most important mineralized areas of the property (News Release September 27th 2004). Targets in the main areas—Santos Gold Vein, Auque Cap Pyrophyllite Breccia, and Auque Breccia Pipe—are drill-ready. Commencement of a drill program is waiting for government-assisted construction of access roads. The Varvarco property has underground gold and copper mine potential.


Figure 1. The Varvarco gold-copper vein and porphyry property related to circular satellite and alteration features illustrated in the satellite image background. Purple border marks the revised outer boundary of the property. Black areas are the Karina I Pertenecias in the north, and the Santos Manifestaciones de Descubriamento in the south.

NEWS RELEASE: October 13, 2006. ~top~
ROME ANNOUNCES PRIVATE PLACEMENT
Rome Resources Ltd. is pleased to announce that it has negotiated a non-brokered private placement for 600,000 units @ $1.45 per unit, each unit consisting of one share and one warrant to buy one share for two years from closing at $1.80. The gross proceeds of $870,000 will be used to explore the Company’s resource properties in Mexico and Argentina and for working capital. The private placement is subject to regulatory approval.

NEWS RELEASE: September 25, 2006. ~top~
EL TORO DIAMOND DRILL TARGETS FOR OCTOBER PROGRAM
ON ROME'S INGUARAN PORPHYRY COPPER-SILVER PROPERTY
MICHOACAN, CENTRAL-WESTERN MEXICO

The Inguaran porphyry copper-silver property, shown in Figure 1, totals 10,955 hectares. This property is prospective for one or more major low-grade porphyry copper-silver deposits in the several hundred million tonne category. The Inguaran Valley property of Rome, surrounds but does not include, the Inguaran Copper Mine. This mine was operated in the 1970’s to early 1980’s by Asarco. Reported production, mainly from a tourmaline breccia pipe, was about 10 million tonnes averaging 1.2% copper.

Mineralization in Inguaran Valley has been explored along two northwest trending zones called Anali and Dos Cerritos (on the southwestern and northeastern side of the valley, respectively, and marked in Fig. 1 by the 12 holes drilled in 2004 by Rome). The drill program that will start on El Toro in October (News Release 22 August 2006) is marked by stars and red dots in Figures 1 and 2, respectively. Note that in these figures: (i) the valley-central anomaly is more than 7 kilometers long by 3 kilometers wide, and (ii) the proposed holes on El Toro are located on an intense chargeability anomaly.


Figure 1. Proposed diamond drill holes (open stars) on the El Toro zone with respect to induced polarization chargeability and geochemical anomalies (Figs. 2 – 8) on the Inguaran porphyry copper property, Michoacan, Mexico.

Positive general geological features on the Inguaran Valley project include:
· A central location within the Michoacan Copper Belt
· Several mined deposits, or showings with significant potential regionally (e.g. Inguaran, La Verde and San Isidro)
· Its proximity to an abyssal fault
· Its central location within the Inguaran batholith
· Major copper occurrences with geophysical, geochemical, alteration characteristics common to major porphyry copper deposits
· An induced polarization chargeability anomaly (Fig. 1), with coinicident anomalous soil copper geochemistry, that is more than 7 kilometers long (northwest – southeast) and 3 kilometers wide (northeast – southwest)
· Encouraging drill intersections of porphyry style copper mineralization
· Geophysical and geochemical anomalies that have not been drill tested
· Breccia bodies associated with pronounced ring structural anomalies on orthophotos (Figs. 9 - 11)

The diamond drilling program in December 2004 of 12 holes and 11 trenches intersected 284 meters of mineralization averaging 0.83% copper (cutoff 0.5%), 0.113 g/t gold and 3.63 g/t silver in the Anali and Dos Cerritos zones. Chalcopyrite and bornite with trace pyrite occur as sheeting and stockwork of quartz veinlets and microveinlets with phyllic envelopes. The best hole in the Anali zone intersected 34.0 meters with a weighted average of 0.91% copper, and the best trench in the Anali zone intersected 58.0 meters of 0.91% copper. The best hole in the Dos Cerritos zone intersected 42.0 meters with a weighted average of 1.18%; the best trench in the Dos Cerritos zone intersected 20.0 meters (open at both ends) of 1.10% copper.
A minimum of 3,000 meters will be drilled.

The first part of this program, defined in Table 1, consists of six holes totaling 2,100 meters. Holes targeted on the El Toro zone are generally located on Figure 1, but the detailed justification for each hole is shown on the geophysical and geochemical plots of Figures 2 to 8.

TABLE 1. Details of Proposed October Diamond Drilling in the El Toro Zone on the Inguaran Porphyry Copper Property. Holes are generally located on Figure 1 and located in detail on the geophysical and geochemical plots of Figures 2 to 7.

Figure 2. Detailed position of drill holes on the Inguaran Valley anomaly. Drill holes and trenches of the 2004 program are marked by stars. The proposed six El Toro holes (Table 1 & Fig. 1) on lines 4000 and 4500 southeast are marked by dots with coordinate labels.


Figure 3. Diamond drill holes 1 to 3 located on induced polarization pseudo-section (a = 100 m) of line 4000 southeast on the El Toro zone. Holes, 200 meters apart and 350 meters long, are defined in Table 1. Compare to plot on induced polarization inverse-modeled-section of Figure 4 and geochemical profiles in Figure 5.


Figure 4. Diamond drill holes 1 to 3 located on induced polarization inverse-modeled-section (a = 100 m) of line 4000 southeast on the El Toro zone. Holes, 200 meters apart and 350 meters long are defined in Table 1. Compare to plot on induced polarization pseudo-section of Figure 3 and geochemical profiles in Figure 5.


Figure 5. Geochem profiles as stacked bar graph over the induced polarization anomalies (Figs. 1 to 4) on line 4000 southeast on the El Toro zone. Purple bar marks horizontal extent of diamond drill holes 1 to 3 collared at points marked by “x”. Each hole is inclined 50 degrees to the northeast and is 350 meters long.


Figure 6. Diamond drill holes 4 to 6 located on induced polarization pseudo-section (a = 100 m) of line 4500 southeast on the El Toro zone. Holes, 200 meters apart and each one 350 meters long, are defined in Table 1. Compare to plot on induced polarization inverse-modeled-section of Figure 7 and geochemical profiles in Figure 8.


Figure 7. Diamond drill holes 4 to 6 located on induced polarization inverse-modeled-section (a = 100 m) of line 4500 southeast. Holes, 200 meters apart and each one 350 meters long are defined in Table 1. Compare to plot on induced polarization pseudo-section of Figure 6 and geochemical profiles in Figure 8.


Figure 8. Geochem profiles as stacked bar graph over the induced polarization anomalies (Figs. 1 & 2, and 6 & 7) on line 4500 southeast. Purple bar marks horizontal extent of diamond drill holes 4 to 6 collared at points marked by “x”. Each hole is inclined 60 degrees to the northeast and is 350 meters long.


Figure 9. Othophoto showing circular structural feature associated with the geophysical anomaly on El Toro at line 4500 southeast. Hydrothermal breccia has been exposed at the 8525 NE drill pad (Figs. 10 & 11).


Figure 10. Left picture is looking west from El Toro (L 4500 SE) to El Toro (L 4000 SE) with Dos Cerritos and Anali drilled showings in the distance. Right picture is hill with circular structure and drill pads for El Toro (Figs. 9 & 11: L 4500 SE, 8525 NE)


Figure 11. El Toro drill pad (L 4500 SE, 8525 NE) on the left, and exposure of hydrothermal breccia at this site in the picture on the right (Figs. 9 & 10). Breccia has boxwork cavities after leached sulfides.

Drilling in the El Toro zone will evaluate untested geophysical and geochemical anomalies that are related to pronounced circular structures (Fig. 9) and breccia bodies (Fig. 11).. Additional holes will test known zones of mineralization in the Esmeralda area. Figures 1 and 2, dominated by the anomalous valley-central area that is more than 7 kilometers long by 3 kilometers wide, illustrate the large range of targets available for continued diamond drilling exploration for porphyry copper deposits with open pit potential. The overall extent of this is additionally illustrated by the left hand picture in Figure 10, which views this trend from the eastern part of El Toro.

Induced polarization profiles presented in this News Release were provided by Pacific Geophysical Inc. of Vancouver, British Columbia. Geochemical and core analyses on the property have been done by Pioneer Laboratories Inc. of Richmond, British Columbia and ALS-Bondar Cleg of North Vancouver, British Columbia. Major Drilling (Mexico) S.A. de C.V. conducted the 2004 drilling for Rome and have been contracted to do the diamond drilling program detailed here (News Release 21 August 2006).

NEWS RELEASE: September 5, 2006. ~top~
ROME ADDS THE MATIAS 1 – 4 CONCESSIONS (39,935 HA) TO ITS
URANIUM PROPERTIES IN LA RIOJA PROVINCE, CENTRAL ARGENTINA

Rome Resources Ltd. now has 20 concessions totaling about 159,000 hectares for uranium exploration in La Rioja and San Luis provinces of central Argentina (see News Release of 11 May 2006 for summary of acquisitions prior to this News Release). The recently obtained Matias group of four concessions, detailed in Table 1 and Figure 1, totals 39,935 hectares. They are in the Guandacol District of northwestern La Rioja Province.

TABLE 1. Matias Concessions in Guandacol District, La Rioja Province, Central-Western Argentina. Area has been claimed for uranium, copper and other minerals.

PPM = parts per million reported by Acme Analytical Laboratories Ltd., Vancouver, B.C.

NEWS RELEASE: August 21, 2006. ~top~
ROME CONTRACTS MAJOR DRILLING DE MEXICO, S.A. DE C.V. TO DIAMOND DRILL A MINIMUM OF 3,000 M ON THE INGUARAN COPPER-PORPHYRY PROJECT IN MICHOACAN, CENTRAL-WESTERN MEXICO.

Rome Resources Ltd. holds about 10,955 hectares in the Inguaran area (Fig. 1 & News Release 16 August 2006). La Huacana, the main city near the project, is about 300 km west-southwest of Mexico City and 110 km south-southwest of Morelia, the capital of Michoacan. This release outlines a diamond-drilling program, to start in October 2006, designed to define copper-porphyry and copper-breccia mine potential on the property.


Figure 1. Drill targets within Rome’s Inguaran copper-silver-tungsten porphyry property in Michoacan, central-western Mexico. Mapped is the Fraser filtered chargeability (red is anomalously high). Stars 1 to 3 are on the ‘Valley’ anomaly—more than 6 km long by 5 km wide. Stars 3 and 4 define areas to be drilled in 2006. Star 4 marks the anomalies in the Esmeralda area. The property, outlined in black (shaded area excluded), is centered within the Inguaran batholith; it also straddles an abyssal fault.

Major Drilling de Mexico, S.A. de C.V. has been contracted to drill a minimum of 3,000 meters on Rome’s Inguaran copper-silver-tungsten porphyry property this year. Drilling is scheduled to begin in October after the rainy season when water for drilling is readily available.

The ‘Valley’ induced polarization anomaly, more than 6 kilometers long and 5 kilometers wide, is a key and central feature of Figure 1 (Fig. 1: stars 1 to 3). Two areas of the Valley anomaly were drilled in October to December 2004 at Anali (star 1) and Dos Cerritos (star 2). Encouraging results were reported in News Releases (especially: 07 February 2005 and 07 March 2005). From 2,681 meters of diamond drilling and continuous chip trenching, 422.0 meters averaged 0.82% copper above a cutoff of 0.40% copper.

New drilling in 2006 will focus on the area of star 3 (Fig. 1), a marked extension to the Valley induced polarization anomaly. Drilling in the area of star 4 will examine know old copper mines and copper-rich red soil zones in the Esmeralda area. Both the Valley and Esmeralda areas have open-pit copper-porphyry and copper-breccia mine potential. Further details on drilling will be released in September when the targets are more specifically defined.

NEWS RELEASE: August 16, 2006. ~top~
ROME OPTIONS 120 HECTARES, IN TWO CONCESSIONS, NEAR THE
NE-CORNER OF THE INGUARAN COPPER-PORPHYRY PROPERTY, WHICH TOTALS 10,955 HA, IN MICHOACAN, CENTRAL-WESTERN MEXICO

Rome Resources Ltd. has optioned two concessions, totaling 120 hectares, to add to its existing concessions covering the Inguaran copper-silver-tungsten-porphyry property in Michoacan, central-western Mexico. This block, detailed in Table 1 and Figure 1, totals 10,955 hectares. The two newly acquired concessions (red in Table 1 & Fig. 1) tie onto the northeastern corner of the concessions owned and optioned by Rome.

TABLE 1. Wholly owned and optioned concessions within Rome’s 10,955 Ha Inguaran Copper-Silver-Tungsten- Porphyry Property. The newly optioned La Concepcion and San Jose concessions total 120 hectares (Fig. 1).

* Holdings by Jesus Alberto Bojorquez Ochoa are on behalf of Minera Jackman S.A. de C.V. and Roma Recursos de Mexico S.A. de C.V., both wholly owned Mexican subsidiaries of Rome Resources Ltd.

Option 1 was reported in the Rome News Release of 28 February 2006. The Option 2 block of two concessions (La Concepcion and San Jose) was optioned recently from Efrain Garcia Becerra and Jose Ramon Garcia Villa Becerra. Ramon Villa lives in La Huacana, Michoacan; Efrain Garcia lives in Morelia, Michoacan. The optionor was Roma Recursos de Mexico S.A. de C.V., a wholly owned Mexican subsidiary of Rome Resources Ltd. Rome also wholly owns Minera Jackman S.A. de C.V., which owns outright the blank-colored concessions in Figure 1.


Figure 1.Rome’s Inguaran copper-silver-tungsten-porphyry property in Michoacan, central-western Mexico, totals 10,095 hectares (Table 1). White area within the black outline is wholly owned by Rome (grey shaded area, not held by Rome, covers the historic Inguaran Copper Mine). The properties optioned are in italics. The property is centered within the Inguaran batholith; it also straddles an abyssal fault.

Total exercise price for the Option 2 block of two concessions totals US$140,000. Twenty thousand dollars have been paid and the next payments are due on the 10 July 2007 (US$20,000), 10 July 2008 (US$20,000), 10 July 2009 (US$40,000) and 10 July 2010 (US$40,000). The option can be terminated by notification of non-continuation of payments. No shares of Rome Resources Ltd., or any of its subsidiaries, are involved in the purchase price. Upon completion of payments Rome will have acquired an 100 percent interest, clear of all royalties, in the properties.

The newly acquired blocks in Option 2 (Table 1) have: (i) drill-indicated copper mineralization, (ii) a number of old small workings, and (iii) anomalous red soils. The optioned concessions have potential for discovery of large open-pit copper-porphyry and/or copper-breccia deposits.

NEWS RELEASE: May 11, 2006. ~top~
OVERVIEW OF NEW URANIUM CONCESSIONS, HELD BY ROME RESOURCES LTD., THAT TOTAL ABOUT 119,123 HECTARES, IN THE LA RIOJA AND SAN LUIS PROVINCES, CENTRAL ARGENTINA
Rome Resources Ltd. has obtained 16 concessions totaling 119,122.9 hectares for uranium exploration in La Rioja and San Luis provinces of central Argentina. These new concessions for uranium prospecting are located generally in Figure 1; they are detailed in Table 1 and News Releases by Rome on 2 March, 13 April, 20 April, 27 April and 4 May 2006. The concessions have varied geological settings and surround a variety of uranium, and locally, rare earth element and copper showings. However, the majority of area claimed is related to the Carboniferous to Permian Panganzo Basin that is outlined in Figure 2. This figure also locates major known uranium and rare earth – thorium deposits in this part of Argentina.

Figure 1. General locations of Rome properties in La Rioja and San Luis Province, northern Argentina. Rome’s properties, from north to south, are in the following districts (Table 1): Sanogasta (SAN), Malanzan and Olta (MAL & OLT), Chepes (CHP), Santa Rosa (SRS), Quines District (QUN), and La Suiza (LSZ).

TABLE 1. Uranium Concessions (Totaling 119,123 Hectares) Recently Obtained by Rome Resources Ltd.

The majority of uranium exploration in Argentina has been focused within Jurassic to Cretaceous basins, one of which is outlined in Figure 2. However, the Carboniferous – Permian Paganzo continental basin in Figure 2, within which much of Rome’s properties are located, is also very significant. Specifically it: (i) has an area greater than 200,000 square kilometers, (ii) hosts a major roll-front past producing uranium mine called Los Colorados, and (iii) has a source terrane that consists of markedly “hot” uranium-rich granites, gneisses and pegmatites. The sandstone and conglomerate that comprise most of the basin are generally permeable and variably oxidized. Water, guided by an underlying unconformity with metamorphic and granitic basement, has coursed through the basin. Organic sediments are common and form known uranium traps. Underlying unconformities with basement rocks provide guides to migrating fluids, and possibly, local traps. Several paleo-river-channels that are known to host uranium showings are know and two of them, at Malanzan/Olta and Chepes (Table 1), have been acquired by Rome.
Uranium exploration in central Argentian offers opportunities for discoveries of new uranium mines. Rome Resources Ltd. with a portfolio of 16 concessions totaling almost 120,000 hectares is in a strong position for ongoing exploration.

Figure 2. Uranium concessions (red stars) held by Rome Resources Ltd. in Central Argentina. Most ground held is in Carboniferous to Permian sandstone and conglomerate of the Paganzo Basin (bright green outline). Important elsewhere in Argentina as host to uranium deposits are Jurassic – Cretaceous basins (dark green outline).

NEWS RELEASE: May 04, 2006. ~top~
ROME OBTAINS THE "ROCIO 15" AND "SEAN 15" URANIUM CONCESSIONS TOTALING ABOUT 6,000 HECTARES, QUINES DISTRICT, SAN LUIS, CENTRAL ARGENTINA
Rome Resources Ltd. has obtained the “Rocio 15” and “Sean 15” concessions by application directly to the provincial government of San Luis in central Argentina. These are new concessions for uranium prospecting totaling about 6,000 hectares. The concessions surround several significant uranium and rare earth element showings in metamorphic and granitic rocks. These concessions, described in Table 1, are located in Figures 1 and 2.


Figure 1. General locations in San Luis Province, Argentina, of the “Rocio 15” and “Sean 15” uranium concessions (QUN) in the Quines District. Other ground currently held by Rome for uranium includes: Isobel 15 (SAN), Olta (OLT), Malanzan (MAL), Chepes (CHP), Santa Rosa (SRS) and La Suiza (LSZ).

TABLE 1. Uranium Concessions (Totaling 119,123 Hectares) Recently Obtained by Rome Resources Ltd. in the La Rioja and San Luis Provinces, Central Argentina. “Rocio 15” and “Sean 15” (6,000 ha) are described in this release; earlier concessions belonging to Rome Resources Ltd. are described in the Rome News Releases of March 2nd, April 13th, April 20th, and April 27th 2006.

The outline of “Rocio 15” and “Sean 15” are in Figure 2 (follows on page 3 of this News Release). Uranium showings in “Rocio 15” occur in metamorphic rocks near a contact with granite to the east. Uranium showings in the northern part of “Sean 15” are concentrated in fold hinges within high-grade sillimanite schist. Rare earth element and uranium showings in the south-central area of “Sean 15” occur in granitic rocks. Several areas within these two concessions are probably excluded by previous ownership; titles will be resolved before exploration on these properties continues.
Exposure over both claim groups is generally good. Consequently, exploration by traditional prospecting with follow-up trenching and drilling will effectively evaluate these properties.


Figure 2. Concessions Rocio 15 (2,000 ha) and Sean 15(4,000 ha) in the Quines District of north-central San Luis Province.
Uranium showings in Rocio 15 occur in metamorphic rocks near a contact with granite to the east. Uranium showings in the northern part of Sean 15 are concentrated in fold hinges within high-grade sillimanite schist. Rare earth element and uranium showings in the south-central area of Sean 15 occur in granitic rocks.

NEWS RELEASE: May 02, 2006. ~top~
ROME ANNOUNCES PRIVATE PLACEMENT
Rome Resources Ltd. is pleased to announce that it has negotiated a non-brokered private placement for 500,000 units at $1.28 per unit, each unit consisting of one share and one warrant to buy one share for one year from closing at $1.60. The gross proceeds of $640,000 will be used to explore the Company's resource properties in Mexico and Argentina and for working capital. The private placement is subject to regulatory approval.

NEWS RELEASE: April 27, 2006. ~top~
ROME OBTAINS 35,209 HECTARES IN URANIUM CONCESSIONS COVERING A MORE THAN 50 KM LONG CARBONIFEROUS-PERMIAN RIVER CHANNEL IN THE CHEPES AREA, LA RIOJA PROVINCE, CENTRAL-WESTERN ARGENTINA
Rome Resources Ltd. has obtained the four concessions, Chepes 42 to Chepes 45, by application directly to the provincial governments of La Rioja in central Argentina. These four new concessions for uranium prospecting total about 35,209 hectares. The concessions cover a more than 50 km long paleo-river-channel composed of Carboniferous Permian sandstone, conglomerate, and carbonaceous rocks that unconformably overlie a metamorphic and igneous basement. Uranium deposits are known both within carbonaceous units in the paleo-river-channel, and in adjacent metamorphic basement rocks.


Figure 1. General locations in La Rioja Province, Argentina, of the Chepes (CHP) concessions. Other ground currently held by Rome for uranium includes: Isobel 15 (SAN), Olta (OLT), Malanzan (MAL), Santa Rosa (SRS) and La Suiza (LSZ).

TABLE 1. Uranium Concessions (Totaling 113,123 Hectares) Recently Obtained by Rome Resources Ltd. in the La Rioja and San Luis Provinces, Central Argentina. Concessions “Chepes 42” to “Chepes 43” (totaling 35,209 ha) are described in this release; earlier concessions belonging to Rome Resources Ltd. are described in the Rome News Releases of March 2nd, April 13th and April 20th 2006.

The Chepes concessions cover a paleo-river-channel defined by geological mapping and aeromagnetic surveys. This paleo-river-channel consists of Carboniferous – Permian sandstone, conglomerate and carbonaceous rocks. Figure 2 identifies uranium deposits known in carbonaceous rocks along this paleo-river-channel, and uranium showings in the underlying metamorphic basement rocks.
Key features encouraging to uranium exploration include (Fig. 2):
· Area central to a Carboniferous – Permian continental basin that has an area of more than 200,0000 square kilometers, and a sediment source terrane of “hot”, radioactive granite and metamorphic rocks
· Identification of a more than 50 kilometer long paleo-river-channel through which fluids were focused along permeable sandstone and conglomerate units
· Black organic-rich units suitable for concentrating uranium from channeled solutions
· Known uranium deposits in carbonaceous units within this paleo-river-channel
· A geological setting similar to that in the uraniferous conglomerate above, but close to, the unconformity in the Otla 2 concession (Rome News Release of March 2nd 2006)
· A geological setting similar to the Malanzan concessions that are about 100 km to the north of the Chepes concession, and which cover a more than 35 kilometer long paleo-river-channel
· Close proximity of units in the paleo-river-channel to an underlying unconformity
· Known uranium deposits in metamorphic rocks below the unconformity
These new concessions can be effectively evaluated for uranium by conventional prospecting, geochemistry and drilling. However, deep soil cover in the vicinity of the towns of Chepes and Villa Chepes will require the application of new geochemical, and possibly, special geophysical techniques. Emphasis will be placed on examination of carbonaceous and conglomeratic units, especially where they occur within the paleo-river-channel or close to the unconformity with underlying metamorphic rocks.

NEWS RELEASE: April 20, 2006. ~top~
ROME OBTAINS A 14,112 HECTARES OF URANIUM CONCESSIONS OVER A 35 KM LONG CARBONIFEROUS-PERMIAN PALEO-RIVER-CHANNEL IN THE MALANZAN TO OLTA AREA, LA RIOJA PROVINCE, CENTRAL-WESTERN ARGENTINA
Rome Resources Ltd. has obtained the Malanzan 67 and Malanzan 68 concessions by application directly to the provincial governments of La Rioja in central Argentina. These two new concessions for uranium prospecting total about 14,112 hectares. The concessions cover a more than 35 km long paleo-river-channel composed of Carboniferous Permian sandstone, conglomerate, and carbonaceous rocks that unconformably overlie a metamorphic and igneous basement. Uranium deposits are known both within carbonaceous units in the river channel, and in adjacent metamorphic basement rocks.


Figure 1. General locations in La Rioja Province, Argentina, of the Malanzan (MAL) concessions. Other ground currently held by Rome for uranium includes: Isobel 15 (SAN), Olta (OLT), Santa Rosa (SRS) and La Suiza (LSZ).

TABLE 1. Uranium Concessions (Totaling 77,914 Hectares) Recently Obtained by Rome Resources Ltd. in the La Rioja and San Luis Provinces, Central Argentina. Mazantan 67 and Mazantan 68 (totaling 14,112 ha) are described in this release; earlier concessions belonging to Rome Resources Ltd. are described in the Rome News Releases of March 2nd and April 13th 2006.

The Olta concession includes a conglomerate with 2,200 ppm uranium that occurs about 50 meters above an unconformity with underlying schist, gneiss and granitic rock (Rome News Release of March 2nd 2006). Together, the Malanzan and Olta concessions cover a paleo-river-channel, defined by geological mapping and aeromagnetic surveys. This paleo-river-channel consists of Carboniferous – Permian sandstone, conglomerate and carbonaceous rocks. Figure 2 identifies uranium deposits known in carbonaceous rocks along this paleo-river-channel, and uranium showings in the underlying metamorphic basement rocks.
Key features encouraging to uranium exploration include (Fig. 2):
· Area central to a Carboniferous – Permian continental basin that has an area of more than 200,0000 square kilometers, and a sediment source terrane of “hot”, radioactive granite and metamorphic rocks
· Identification of a paleo-river-channel through which fluids were focused along permeable sandstone and conglomerate units
· Black organic rich carbonaceous units suitable for concentrating uranium from channeled solutions
· Known uranium deposits in carbonaceous units within this paleo-channel
· Known uranium in conglomerate above, but close to, the unconformity in the Otla 2 concession (Rome News Release of March 2nd 2006)
· Close proximity of units in the channel to an underlying unconformity
· Known uranium deposits in metamorphic rocks below the unconformity
These new concessions can be effectively evaluated for uranium by conventional prospecting, geochemistry and drilling. Emphasis will be placed on examination of carbonaceous and conglomeratic units, especially where they occur within the paleo-river-channel or close to the unconformity with underlying metamorphic rocks.


Figure 2. Concessions “Malanzan 67” and Malanzan 68” (14,112 ha) and regional geology in the Olta to Malanzan Carboniferous - Permian river channel, La Rioja, central-western Argentina.
Purple belt marking the Carboniferous-Permian river channel has been defined by aeromagnetic and field mapping. It is more than 35 km long. The channel is unconformably deposited on metamorphic and granitic rocks. Note the occurrences of known uranium deposits within carbon-rich rocks in the sandstone - conglomerates of the paleo-river-channel, and in the underlying metamorphic rocks.

NEWS RELEASE: April 13, 2006. ~top~
ROME STAKES THE "ISOBEL 15" URANIUM CONCESSION OF 3,450 HA SURROUNDING THE SAN SEBASTIAN URANIUM MINE, SANOGASTA DISTRICT, LA RIOJA, NORTH-WESTERN ARGENTINA
Rome Resources Ltd. has obtained the “Isobel 15” concession by application directly to the provincial governments of La Rioja in central Argentina. This is a new concession for uranium prospecting totaling about 3,450 hectares. The concession surrounds the San Sebastian Uranium Mine that was a significant past producer in the Sanogasta District. The concession, described in Table 1, is located in Figures 1 and 2.


Figure 1. General locations in La Rioja Province, Argentina, of the “Isobel 15” (SAN) concession around the San Sebastian Uranium Mine. Other ground currently held by Rome for uranium includes: Olta (OLT), Santa Rosa (SRS) and La Suiza (LSZ).

TABLE 1. Uranium Concessions (Totaling 63,802 Hectares) Recently Obtained by Rome Resources Ltd. in the La Rioja and San Luis Provinces, Central Argentina. “Isobel 15” (3,450 ha) is described in this release; earlier concessions belonging to Rome Resources Ltd. are described in the Rome News Release of March 2nd 2006.

Concession “Isobel 15” (3,450 ha) encompasses all regionally mapped outcrops of the Ordovician Negro Peinado Formation in the Sanogasta Uranium District (Fig. 2). Enclosed within this concession are the San Sebastian Uranium Mine and a number of small feldspar operations, all of which are owned by others (Fig. 2).
The major uranium deposits in the Sanogasta District are about 20 kilometers southeast of Chilecito in northwestern La Rioja province, northwestern Argentina. The principal known uranium (copper) deposit in the area is the San Sebastian Uranium Mine (Fig. 2). The belt covered by the “Isobel 15” concessions contains all known uranium showings in this area. Copper-uranium mineralization in this district occurs dominantly as veins in Ordovician silty-quartzite of the Negro Peinado Formation. Dispersed uranium mineralization extends beyond these veins. Vein mineralization consist of copper-uranium minerals of hypogene and supergene origin. The richest areas mined had supergene concentration of pitchblende, and possibly, chalcocite.
Uranium mineralization in this area is similar to some bulk-gold mineralization. Models related to this type of mineralization indicate that reductants in the siltstone, such as pyrite and carbon, precipitate gold and/or uranium and/or copper from hypogene solutions flowing along and emanating from veins. The minerals deposited in the San Sebastian mine include: calcite, fluorite, barite chalcopyrite, bornite, pyrite and uraninite. Supergene processes enriched the mineralization near the top of the deposit, as indicated by the minerals: chalcocite, pitchblende, gummite, uranophane, tyuyamunite, malachite, chrysocolla and azurite. The north-south trending narrow ribbon of Ordovician quartzite demonstrates that structure control is important.
The narrow, structural belt of Ordovician silty-quartzite is an attractive target for bulk, low-grade uranium deposits. Exploration can initially focus on, or near, known showings in the area. Because of extensive Devonian granite boulder and gravel cover, geochemical prospecting also will be necessary.

Figure 2. Concession “Isobel 15” (3,450 ha) and regional geology in the San Sebastian Uranium Mine area of the Sanogasta district.

Uranium deposits are in Ordovician silty-quartzite of the Negro Peinado Formation that occurs along a narrow structural belt within Devonian granite. Excluded from this concession are: (i) the San Sebastian Mine [outlined in blue and diamonds—misplaced because it actually is centered at the mine shaft symbol], and (ii) the areas outlined in blue and crosses are held for feldspar, but they also have rights to other minerals.

NEWS RELEASE: March 2, 2006. ~top~
ROME OBTAINS SEVEN CONCESSIONS FOR URANIUM IN THREE AREAS TOTALING 60,800 HECTARES IN THE PROVINCES OF LA RIOJA AND SAN LUIS, CENTRAL ARGENTINA
Rome Resources Ltd. has obtained seven concessions for uranium prospecting in three areas of central Argentina by application directly to the provincial governments of San Luis and La Rioja. The areas were staked because they potentially hold significant uranium deposits. Uranium exploration in Argentina is a new direction for Rome Resources Ltd. The concession areas (Fig. 1 and Table 1) are as follows: (1, see Fig. 1) Olta, totaling 45,000 hectares in five concessions, (2) Santa Rosa, with 9,800 hectares in one concession, and (3) La Suiza of 6,000 hectares in one concession. The concessions have claimed rights to all lode minerals, but several small placer and industrial-mineral claims fall within the boundaries of these applications.

 
Figure 1. General locations in central Argentina of the: (1 in Fig.) Olta uranium concessions in La Rioja province, (2) Santa Rosa uranium concession in San Luis province, and (3) the La Suiza uranium – gold concession in San Luis province.

TABLE 1. Uranium Concessions (Totaling 60,800 Hectares) Recently Obtained by Rome Resources Ltd. in the La Rioja and San Luis Provinces, Central Argentina.

Olta concessions (45,000 hectares), in the La Rioja province, is about 80 km north-northeast of the town of Chepes. Uranium mineralization of interest (Fig. 2) was discovered in Permian conglomerate within 50 meters of an underlying unconformity with “hot” metamorphic and granite Precambian basement. Black, carbon-rich shales in the Permian rocks are notably radioactive as well. Of particular interest, is the uranium rich (1,600 ppm uranium) zone associated with staining by secondary minerals in the
conglomerate shown in Figure 2. An underlying shale unit yielded more than 50,000 counts per minute above background. The mineralized conglomerate indicates ground water transport, perhaps related to the underlying basement aquatard-unconformity, that could be related to localization of significant uranium deposits.

Figure 2. Conglomerate on the Olta concession in La Rioja province, Argentina. This conglomerate yielded 1,600 ppm uranium and registered 22,000 counts per minute above background.

Santa Rosa concession (9,800 hectares), centered near the village of Santa Rosa in San Luis province, is about 150 km northeast of San Luis, which is the capitol of the province of San Luis in central Argentina. The main exposure of uranium-bearing caliche, near the northwestern edge of the town of Santa Rosa, is in an old open pit that extracted caliche for lime.
Uranium occurs as concentrations within the caliche and is marked by splashes of lemon-yellow carnotite (Fig. 3). The uranium was concentrated by evaporation that sucked uranium bearing solutions from an underlying gravel aquifer composed of “hot” schist, pegmatite and granite derived from the Precambrian basement terrane that is common to the area. The caliche, coincidently formed by the evaporation, is variably developed. Caliche, dug up by local irrigation ditches, is commonly encrusted with carnotite (Fig. 3).


Figure 3. Block of caliche (scintillometer for scale) from irrigation ditch in the Santa Rosa concession, San Luis province, Argentina. Note crusts of lemon-yellow carnotite (potassium-uranium vanadinate).

La Suiza concession (6,000 hectares) in San Luis province is about 80 kilometers northeast of San Luis, the capital of the province of San Luis in central Argentina. Historically, the area has been mined for tungsten, lithium and lime. Several small placer gold workings are currently active.
Uranium occurs in jasperoid veins and breccias (Fig. 4) that cut marble in an open pit for lime within the metamorphic terrane. Concentration of the jasperoid appears to increase toward a contact of the marble with an intrusive granite.
The association of gold with jasperoid (silicified limestone) is well known, but the association of uranium with it is not. This area is ideal for a combined exploration effort to discover gold and uranium.


Figure 4. Jasperoid veins and breccia that cut the marble in the metamorphic rocks of the historic gold area at La Suiza, San Luis province, Argentina. Flecs of yellow and orange uranium minerals occur at both ends of the pen.

These three areas of concessions Olta, Santa Rosa and La Suiza--form a strong beginning for ongoing exploration in uranium. The areas are prospective for the discovery of significant uranium deposits.

NEWS RELEASE: March 1, 2006. ~top~
GEOPHYSICAL AND GEOCHEMICAL RESULTS ON THE INGUARAN PORPHYRY COPPER-SILVER PROPERTY, MICHOACAN, CENTRAL-WESTERN MEXICO
Rome Resources Ltd. has obtained and compiled all results from an exploration program on the Inguaran porphyry copper-silver property (10,883 ha) in Michoacan, central-western Mexico. This property is prospective for one or more major low grade porphyry copper deposits in the several hundred million tonne category. The project, managed by Sr. Jesus Bojorquez of Hermosillo in Mexico, ran from October 2005 to January 2006. Rome conducted line-cutting, geochemical and geological surveys. Soil samples were analyzed by Pioneer Laboratories Inc. of Richmond, B.C. Induced polarization – resistivity and magnetometer surveys were contracted to Pacific Geophysical Ltd. of Vancouver, B.C.
The following analysis is a compilation and overview of all geophysical and geochemical exploration data collected on the Inguaran porphyry copper-silver property since exploration commenced in 2003. Drill results of a program in October to December 2004 are not reported here, because they have been detailed in previous News Releases. The objective of this report is to present an overall picture of the geophysical and geochemical results to date. Anomalous areas defined in the last program are emphasized.
This analysis covers most of the Inguaran block totaling 10,883 ha and held by Rome as outlined in black on Figures 1 and 4 to 6. Information that follows are generated mainly from data obtained along the survey lines marked as purple lines in the relevant figures. Description of the figures and general results follow:
1. Figure 1. Overall chargeability is defined by the Fraser filter factor, which presents an averaged response calculated from the n = 1 to n = 6 separations (a = 100 meters). At least six new, strongly anomalous chargeability areas have been defined (stars in Figs. 1 and 4 to 6).
2. Figure 2. Chargeability and resistivity pseudo-section crosses a particularly pronounced chargeability (high) - resistivity (low) anomaly discovered on line 4500 SE. This profiles the most intense, and newly discovered, chargeabilty anomaly in Figure 1.
3. Figure 3. Inversion interpretation that mathematically estimates geological shapes and depths is related to the chargeability resistivity anomaly in Figure 2. This analysis supports the interpretation of a large and deep significant chargeability (high) and resistivity (low) anomaly on line 4500 SE from about 8400 NE to 9000 NE an apparent width of about 600 meters.
4. Figure 4. Metal factor is defined from the Fraser filter factors, which presents an averaged response calculated from the n = 1 to n = 6 separations, for chargeability and resistivity. The metal factor is calculated here by dividing chargeability by resistivity and multiplying by 1,000. Hence, anomalous values are enhanced by high chargeability, especially where coincident with low resistivity, which is by inspection the situation indicated by the results in Figures 2 and 3. The metal factor anomalies mimic the chargeability anomalies in Figure 1 and robustly support the interpretation of significance to the starred areas in Figures 1 and 4 to 6. A ring-anomaly is also outlined in the center of the property.
5. Figure 5. Total magnetic response is averaged to 50-meter stations from readings taken every 12.5 meters along the lines. This data has not been reduced to the pole. Mineralization indicated by drilling and chargeability anomalies generally are in areas transitional from low to high magnetic values. Low magnetic signatures reflect more differentiated granitic phases in the Inguaran batholith marked by less magnetite, etc.
6. Figure 6. Copper geochemistry of soil samples show a general coincidence with geophysical anomalies in Figures 1 and 3 to 4.


Figure 1. Chargeability expressed by the Fraser filter factor. Six new, strongly anomalous chargeability areas have been defined (stars). A broad anomalous area is marked by clusters of strong chargeability anomalies, only some of which have been drilled (all with positive results). The black outline defines the limit of Rome’s Inguaran block.


Figure 2. Chargeability - resistivity pseudo-sections of a particularly pronounced anomaly discovered on line 4500 SE.



Figure 3. Inversion analysis of data in Figure 2. A significant anomaly extends from about 8400 NE to 9000 NE (apparent 600 meter width).


Figure 4. Metal factor defined from the Fraser filter factors for chargeability and resistivity. Note coincidence with chargeability (Fig. 1) and the ring-anomaly near the center of the figure.


Figure 5. Total magnetic response (not reduced to pole) averaged to 50 meter stations from readings taken every 12.5 meters along the lines. Mineralization indicated by drilling and chargeability anomalies generally are in areas transitional from low to high magnetic values.


Figure 6. Copper geochemistry of soil samples. There is a general coincidence with geophysical anomalies in Figures 1 and 4. The metal factor ring-anomaly in Figure 4 is also expressed by anomalous copper.

Figures 1 to 6 show the substantial potential to a number of porphyry copper-silver prospects within Rome’s Inguaran block (stars). Results indicates that zones originally drilled can be extended. New drill targets also are defined. The most significant anomaly is more than 1,000 m long (Fig. 1) and might be 600 m wide (Figs. 2 and 3).
Relatively low anomalies, not addressed in this presentation, need to be carefully evaluated. This is because mineralization encountered in the drilling program consisted almost totally of the copper minerals bornite and chalcopyrite. The near absence of pyrite was noteable. Consequently, relatively minor chargeability anomalies can be highly prospective.
Detailed geophysical and geochemical profiles will facilitate the targeting of new anomalies. These profiling techniques will also enhance the evaluation of lower magnitude anomalies due to the lack of pyrite and/or a greater depth to sources.

NEWS RELEASE: February 28, 2006. ~top~
1,122 HECTARES OPTIONED AND ADDED TO THE NORTHEASTERN CORNER OF THE INGUARNA PORPHYRY COPPER-SILVER PROPERTY (NOW TOTAL 10,883 HA), MICHOACAN, CENTRAL-WESTERN MEXICO
Rome Resources Ltd. has optioned the Esmeralda block, totaling 1,122 hectares, to add to its exiting concessions covering the Inguaran porphyry copper-silver property in Michoacan, central-western Mexico. This block, detailed in Table 1, now totals 10,883 hectares and is outlined in the location map of Figure 1. Figure 2 shows the location of the newly acquired concessions that tie onto the northeastern corner of the original concessions wholly owned by Rome.


Figure 1. The Inguaran porphyry copper property in Michoacan, central-western Mexico, totals 10,883 hectares (Table 1). The properties recently optioned are located in Figure 2.

TABLE 1. Details of the 10,766 Hectare Block Defining Rome’s Inguaran Porphyry Copper-Silver Project. The new Esmeralda block optioned adds 1,005 hectares to the northeastern corner of this block (Fig. 2).

Figure 2. The Esmeralda block of four concessions totals 1,122 hectares and ties onto the northeastern corner of the pre-existing Inguaran block that is wholly owned by Rome Resources Ltd. through its Mexican subsidiary Minera Jackman S.A. de C.V. (Table 1).

The Esmeralda block of four concessions (Esmeralda, Esmeralda 1, Esmeralda 2 and Esmeralda 3) was optioned from Jose Ramon Garcia Villa Becerra, Efrain Garcia Becerra and Rosaura Victoria Garcia Villa Luevanos. Ramon Villa lives in La Huacana, Michoacan. Efrain Garcia and Rosaura Garcia live in Morelia, Michoacan. The Esmeralda block ties onto the northeastern corner of the pre-existing Inguaran block that is wholly owned by Rome Resources Ltd. through its wholly owned Mexican subsidiary Minera Jackman S.A. de C.V.

Total exercise price for the Esmeralda block totals US$150,000. Twenty thousand dollars have been paid and additional payments are due on the 10 January 2007 (US$20,000), 10 January 2008 (US$40,000), and 10 January 2009 (US$70,000). The option can be terminated by notification of non-continuation of payments. No shares of Rome Resources Ltd., or any of its subsidiaries, are i