SOURCE: Romarco Minerals Inc.

November 19, 2008 08:30 ET

Romarco Further Expands North Zone With 81.6 Meters of 2.1 G/T Au at Haile

SPARKS, NV--(Marketwire - November 19, 2008) - ROMARCO MINERALS INC. (TSX-V: R) (the "Company") is pleased to announce assay results from two additional exploration holes at the Haile Mine in South Carolina. These holes were designed to continue expanding the zone of mineralization encountered in the previously released drill holes at the north resource area. Further development drilling is planned in order to determine the extent of the north resource area, which remains open laterally and down dip. The north resource area development is currently being prioritized against other property targets in order to expand and upgrade as much of the resource as possible before the conclusion of the feasibility study. The comparison of the new drill results versus existing results can be seen through a descriptive map and cross section appearing on www.romarco.com.

DDH-324 encountered a continuous 63.8 meter (209.5 ft.) interval zone of 1.4 g/t Au in typical Haile target host rocks 46 meters (150 feet) north of DDH-322 and included a higher grade zone of 9.1 meters (30 ft.) of 3.0 g/t Au. The same target zone was intersected on the other side of DDH-322 by DDH-325, encountering a continuous intercept of 81.6 meters (267.9 feet) at 2.1 g/t Au with an included 11.9 meter (39.1 ft.) interval of 3.9 g/t Au and another 5.4 meter (17.6 ft.) interval of 4.5 g/t Au. These results along with DDH-322 reveal the north resource area remains open in at least two directions.

DDH-324 and DDH-325 were drilled to the south at a moderately steep angle in order to minimize hole deflection and to transect mineralization nearly perpendicular to its dip. All of the mineralized zones were hosted within silicified quartz-sericite-pyrite phyllites. See the table below for details.

Hole            Interval     From        To       Gold

                (meters)   (meters)   (meters)    (g/t)

DDH - 324

Interval Zone     63.8       219.5      283.3      1.4

Including          9.1       254.5      263.6      3.0

DDH - 325

Interval Zone     81.6       201.5      283.1      2.1

Including         11.9       236.2      248.1      3.9

Including          5.4       252.2      257.6      4.5

One core drill rig is on site with a reverse circulation rig being mobilized in order to expedite the resource addition. The current program is focused on identifying additional resources at the site.

The Company's bankable feasibility study has been completed and is in the final stages of editing.

Drilling services are being performed by the Eastern U.S. division of Boart Longyear. The core samples are being assayed by Inspectorate Labs in Sparks, NV. The core was halved and sampled with control samples inserted. The results of the control samples were all within acceptable ranges. Romarco's Qualified Person is Tom Kilbey, Sr. Geologist with the Company.

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 currently being drill tested. The Company also has two gold exploration projects in Nevada.

For further information, please contact Diane Garrett, President and C.E.O. at (830) 624-6249 or Shirene Urton, Executive Assistant at (775) 355-1900.

ON BEHALF OF ROMARCO MINERALS INC.

"Diane R. Garrett"
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

  • For further information, please contact:

    Diane Garrett
    President and C.E.O.
    (830) 624-6249

    Shirene Urton
    Executive Assistant
    (775) 355-1900