Romarco Minerals Inc.
TSX VENTURE : R

Romarco Minerals Inc.

April 09, 2009 08:30 ET

Romarco Drills 39.6 Meters of 8.8 g/t Au at Haile

SPARKS, NEVADA--(Marketwire - April 9, 2009) - ROMARCO MINERALS INC. (TSX VENTURE:R) (the "Company") is pleased to announce assay results from its Haile Gold Mine in South Carolina.

RC-1505 was drilled within the North Zone ore body to increase drill density to elevate the drilled material from indicated to measured resource category. RC-1505 encountered 12.2 meters (40 feet) of 2.83 g/t Au (0.083 opt) 9 meters above another interval of 39.6 meters (130 feet) of 8.8 g/t Au (0.258 opt). RC1505 ended in mineralization and will be reentered and extended. All of the control samples submitted with this hole were within acceptable ranges.



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Hole Interval From To Gold
(meters) (meters) (meters) (g/t)
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RC - 1505
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Interval 12.2 57.9 70.1 2.8
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Interval 39.6 79.3 118.9 8.8
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The Company expects to have continual news flow with four rigs currently drilling on the property. The program consists of step-out drilling to identify new resources and expand the known mineralized zone, in-fill drilling to convert inferred resources into measured and indicated, and condemnation drilling to test for gold mineralization under proposed plant and facility sites. The current mineralized zone remains open to the north, west, east and at depth.

On April 6, 2009 the Board of Directors granted 3,000,000 stock options at C$0.55 to Directors, Officers and Employees. The options will expire April 6, 2012.

Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Company's flagship project is the Haile Gold Mine in South Carolina which is currently undergoing exploration drilling and permitting. The Pinos Gold District in Mexico is a high grade epithermal vein district that is in the advanced exploration stage. Tom Kilbey, the company's Senior Geologist, is Romarco Minerals Qualified Person.

ON BEHALF OF ROMARCO MINERALS INC.

Diane R. Garrett, President and C.E.O.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

Contact Information

  • Romarco Minerals Inc.
    Diane Garrett
    President and C.E.O.
    (210) 621-4200
    or
    Romarco Minerals Inc.
    Shirene Urton
    (775) 355-1900
    (775) 355-1907
    info@romarco.com
    www.romarco.com