Romarco Minerals Inc.
TSX VENTURE : R

Romarco Minerals Inc.

November 15, 2006 12:14 ET

Romarco Minerals Inc.: CEO Speaks at Dubai Mining Congress

Corporate Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2006) - ROMARCO MINERALS INC. (TSX VENTURE:R) reports that Diane Garrett, President & CEO, gave a presentation at the Dubai Mining Congress (MineLLC) on November 1, 2006. The webcast presentation can be heard at:

http://events.onlinebroadcasting.com/minellc/103106/index.php?mode=1&sel_date=1

Romarco is still waiting for assay results from its Buckskin-National Gold Project and its Roberts Mountains Gold Project in Nevada.

Romarco will begin an underground sampling program at the Pinos Gold Project in Zacatecas, Mexico next week. Romarco will be utilizing the existing shafts on the property and will have three samplers working underground and taking samples along the veins. These channel samples from the underground workings will be used for assay data and metallurgical testing.

Romarco has selected eleven drill sites where core drilling will test continuity of the known vein systems at depth and along strike. Romarco is finalizing its contract with RK Drilling for a core drill rig. RK has informed Romarco that the rig should be available to Romarco in December.

Pinos Gold District

The Pinos Gold District comprises more than 3,000 hectares of multi-vein gold systems.

- Discovered by the Spaniards in 1546 - Gold dominant district

- Last mining was in 1941 - limited modern day exploration

- Historical production - 5 million ounces of gold @ 60 g/t and 25+ million ounces of silver @500 g/t (as reported by Bethlehem Steel, a previous operator of the project)

- Prior mining (in the western part of the district) was limited to above the water table (approx. 100 m in depth)

- Three known vein systems with continuous strike length of over 5km

- Numerous additional parallel veins identified through previous drilling but never mined

Additional information on the Pinos Gold District, including maps and photos, is available at Romarco's website at www.romarco.com.

Romarco is an advanced stage exploration company engaged in the acquisition, exploration and development of precious metals mineral properties. Romarco's management and Board of Directors are comprised of senior mining executives who have extensive experience identifying, developing, financing and operating precious metals deposits in the Americas. It is Romarco's goal to become a producer through development of its own projects as well as through the acquisition of advanced stage projects. Romarco currently has five exploration projects in Nevada, one in Mexico and one in Peru.

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, which has been prepared by management.

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