SOURCE: Romarco Minerals Inc.

August 12, 2008 08:30 ET

Romarco Obtains Drill Rig for Pinos Gold District, Mexico

SPARKS, NV--(Marketwire - August 12, 2008) - Romarco Minerals Inc. (TSX-V: R) (the "Company") is pleased to announce that it has signed a drilling contract with Segeomex of San Luis Potosi, Mexico for the 2008 drilling program at the Pinos Gold District in Zacatecas, Mexico. Drilling is expected to commence September 1, 2008 and includes up to 5,000 meters (16,400 feet) of core drilling along the Cinco Estrellas vein system.

The Company's work over the past 18 months has determined that the known vein systems extend at depths of up to 150 meters below the historic mining levels. This work identified the Cinco Estrellas vein system as having the most significant widths (2 to 6 meters wide) and the trace element analyses completed to date indicate it is high in the hydrothermal boiling zone and that this system has gold-bearing intervals much deeper than have been tested to date. The drill program outlined will test these intervals below the historic mining levels.

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 and 25+ million ounces
  of silver (reported by Bethlehem Steel) produced from the first 100
  meters.
* Prior mining was above the water table (approx. 100 m in depth)
* Four known vein systems with continuous strike length of over 5km

Romarco's Qualified Person on the Pinos Gold Project is Dr. Tommy Thompson, the Company's Chief Consulting Geologist.

Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Company has two flagship projects -- the Haile Gold Mine in South Carolina which is currently undergoing feasibility and exploration drilling and the Pinos Gold District in Mexico, a high grade epithermal vein district in the advanced exploration stage. The Company also has two gold exploration projects in Nevada.

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, WHICH HAS BEEN PREPARED BY MANAGEMENT.

Contact Information

  • For further information, please contact:

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

    Shirene Urton
    Executive Assistant
    (775) 355-1900

    Romarco Minerals Inc.
    997 Greg Street
    Sparks, Nevada
    USA 89431
    Tel: (775) 355-1900
    Fax: (775) 355-1907
    Email Contact