Romarco Minerals Inc.

Romarco Minerals Inc.

March 31, 2009 08:31 ET

Romarco Drills Haile With 4 Rigs

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2009) - ROMARCO MINERALS INC. (TSX VENTURE:R) (the "Company") is pleased to announce that it has received drilling permits for 500 holes at the Haile Gold Mine in South Carolina. Due to the success of the 2008 drilling program, the Company has expanded its 2009 drilling program by recently adding three contracted RC (reverse circulation) drills through Boart Longyear (Eklund). Two of these rigs are already on site and the third will be arriving in the next two weeks. The fourth rig on site is an RC drill that was purchased by the Company during the fourth quarter of 2008. The Company's drilling team has more than 40 years experience.

The 2009 drilling program will be comprised of 280,000 feet (85,000 meters) with approximately two-thirds of the drilling focused on step-out exploration and one-third focused on in-fill delineation to convert resources into reserves. The updated geologic model has identified numerous potential discovery targets on the Haile site and the updated resource model has identified zones that need further delineation to expand the reserves. The mineralized zones at Haile still remain open to the north, east, west and at depth throughout the 2000 acre land position that Romarco controls. This drilling program will include the first deep drilling on the Haile Mine site where holes will be drilled to depths in excess of 1500 feet (450 meters).

This press release has been reviewed and approved for release by Ken Brunk (COO for Romarco), and Tom Kilbey, Professional Geologist (Sr. Geologist for Romarco), each being a designated "Qualified Person" under NI 43-101.

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, bankable feasibility study and permitting. The Pinos Gold District in Mexico is a high grade epithermal vein district that is in the advanced exploration stage.


Diane R. Garrett, President & CEO

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
    Romarco Minerals Inc.
    Shirene Urton
    (775) 355-1900
    (775) 355-1907 (FAX)