In a sector where legacy assets often languish under layers of inertia, Kevin Keough is intent on rewriting the playbook. “There’s a major corporate revamp underway,” the Romios Gold Resources Inc. (TSXV: RG) CEO told me, leaning into the conviction of someone who’s already staked his own capital on the turnaround. “For investors looking for a turnaround play—that’s what Romios is.”
Keough, who stepped into the role in June 2025, said the company is “a few steps away” from completing what he called a “radical refresh” — a process encompassing the company’s structure, strategy, and even its name. “By year-end,” he explained, “we’ll totally change the look and feel of this company: how it operates, its name, and various other aspects—to the benefit, I hope, of our shareholders.”
The reset follows a string of corporate and field developments that signal a clear shift from prospect generator to active explorer. “We recognized the company had several issues to deal with—it had an inflated capital structure, a lot of debt, and management that perhaps was getting on in years,” he said. “So the company needed a complete refresh—and that’s what we’re doing.” Since June 30, Romios has closed an oversubscribed private placement and announced a debt-settlement program — moves Keough described as essential to rebuilding credibility. “I personally put in quite a bit of money,” he added. “I see assets in this company that could make our shareholders a lot of money going forward—and I’m not talking several years out.”
At the top of his priority list is Trek South, a wholly owned copper-gold porphyry target in British Columbia’s Golden Triangle, adjacent to Teck-Newmont’s Galore Creek project. “It’s a seasonal play, but it offers the prospect of a discovery in the first round of drilling—one with the merits of potentially becoming a mine,” he said. “We have a large-scale target there, and that will be our focus.” Keough, who previously helped guide GT Gold through its celebrated Saddle discovery and eventual acquisition, said the same “disciplined, discovery-driven model” would define Romios’s new phase.
While Trek South commands the spotlight, Romios has also launched a new round of fieldwork at its Kinkaid Copper-Gold-Silver Project in Nevada’s Walker Lane trend. The 10-day mapping and sampling program follows up on assays as high as 36.3 g/t gold and 4.8% copper at the Bismark Hill target, and 1,725 g/t silver at the PM Skarn zone—results that hint at multiple buried porphyry centers. Vice-President of Exploration John Biczok called it “an exciting and potentially game-changing development.”
Keough is equally focused on modernizing the boardroom. “We’ve brought in independent directors like Liz Wallinger and Malcolm Davidson—both CPAs—and Trish Jacques, who chairs the Association for Mineral Exploration BC,” he said. “They’ve all joined because, like me, they see the potential in Romios once we fix the historical issues.”
That blend of pragmatism and conviction underpins Keough’s pitch to investors: a willingness to take calculated risk in pursuit of scale. “I’d remind shareholders that we’re early-stage explorers,” he said. “You don’t invest in us unless you’re prepared to take a gamble to some degree.” But, he added, “The potential for a big return based on the first drilling is real. The geoscience alignment at Trek South is exactly what we saw before at GT Gold — and that was the key.” For Keough, it’s less about legacy and more about timing. “Once we finish the corporate rebuild,” he said, “we’ll be positioned to focus on those flagship assets. The rebrand will help promote that vision.”
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