SOURCE: Romarco Minerals Inc.

June 30, 2008 11:45 ET

Romarco Intercepts 17.8 Meters of 3.1 g/t at Haile

SPARKS, NV--(Marketwire - June 30, 2008) - ROMARCO MINERALS INC. (TSX-V: R) (the "Company") is pleased to announce assay results from the drilling program at the Haile Mine, in South Carolina. DDH-306 returned a 17.8 meter (58.5 feet) sequence grading 3.1 g/t gold above another sequence of 30.5 meters (100 feet) sequence grading 2.1 g/t gold. DDH-306 intersected this zone 40 meters (132 feet) to the north of DDH-302 which encountered 24 meters (80 feet) with 7.7 g/t gold above another zone of 29 meters (96.4 feet) of 9.2 g/t gold. DDH-306 extends the width of the mineralization and current drilling is focused on continuing to expand the mineralization along strike and down-dip to the north. Romarco is aggressively expanding its exploration program as the current mineralized zone continues to remain open in three directions (north, east and west).


DDH-306 was drilled at a minus 80 degree inclination to the south. Gold mineralization of over 1.0 g/t was first intersected at 59 meters (194 feet) below the surface and the mineralization was hosted in pyrite bearing, silicified, quartz-sericite phyllite and in potentially sheared portions of feldspar porphyry. Within the gold mineralized intervals, several higher grade zones were encountered including 6.5 meters (21.5 feet) of 5.6 g/t gold. See the table below for details.

-***-
Hole      Interval   From      To    Gold

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

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DDH - 306

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Composite   4.6      59.4      64    1.95

Zone

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Composite   17.8     83.8    101.6    3.1

Zone

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Including   1.5      85.3     86.8    4.1

------------------------------------------

Including   6.5      95.1    101.6    5.6

------------------------------------------

Composite   2.7     120.1    122.8    1.4

Zone

------------------------------------------

Composite   30.5    137.2    167.7    2.1

Zone

------------------------------------------

Including   10.7    137.2    147.9    3.2

------------------------------------------

-****-

Current exploration efforts are focused on extending the mineralization to the north and east of the mineralized zone. Step-out drilling to the north and the east has intersected favorably looking zones which include the presence of visible gold. Assay results for these holes are pending.

The Company has also received assay results from drill holes DDH-291, DDH-299, DDH-303, and DDH-304. These holes are designed to confirm the presence of mineralization reported by previous property owners and to obtain test samples for metallurgy, geochemistry, and environmental work. The results of these holes are listed in the table below.

-***-
Hole      Interval   From      To    Gold

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

------------------------------------------

DDH - 291

------------------------------------------

Composite   4.6      41.1     45.7    2.2

Zone

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DDH-299

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Composite   6.4      66.7     73.1    3.6

Zone

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DDH-303

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Composite    18      35.4     53.4    2.8

Zone

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Including   4.9      37.8     42.7    6.8

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DDH-304

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Composite   9.1     118.9     128     1.7

Zone

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Composite   9.7     137.5    147.2    1.8

Zone

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Composite   6.1     149.4    155.5   10.0

Zone

------------------------------------------

Composite   4.6     161.5    166.1    2.1

Zone

------------------------------------------

-****-

DDH-291 went from mineralization into a post-mineral, diabase dike. This indicates that the dike has bisected the mineralization and additional mineralization may be on the other side of the dike. There are several post-mineral, diabase dikes that trend between the mineralized zones on the property. Historically, there was significantly less drill density in this area because of the increased likelihood of encountering post-mineral dikes. Romarco's technical team believes that some of these areas are mineralized and there may be an opportunity to merge the mineralized zones. DDH-299 was designed to test the mineralization in the area of the diabase dikes and was successful in returning gold values of 6.4 meters of 3.6 g/t gold.

Currently, two core drill rigs are working on site. The current program is designed to identify additional resources, convert historic resources into proven and probable reserves, and provide representative samples for metallurgical test work as it relates to the bankable feasibility study.

Drilling services are being performed by Boart Longyear. The core samples are being assayed by Inspectorate Labs in Sparks, NV. The core was quartered 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 in the advanced exploration stage. The Company also has three 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 more information, contact:
    ROMARCO MINERALS INC.
    997 Greg Street
    Sparks, Nevada
    USA 89431
    Tel: (775) 355-1900
    Fax: (775) 355-1907
    Email Contact