SOURCE: Romarco Minerals Inc.

December 04, 2007 08:30 ET

Romarco's Haile Begins Drilling

SPARKS, NV--(Marketwire - December 4, 2007) - ROMARCO MINERALS INC. (TSX-V: R) is pleased to announce that its ore reserve confirmation core drilling program has commenced at the Haile Gold Mine in Lancaster County, South Carolina. The 20 hole program provides for 2185 meters (7170 ft.) of core drilling within the five gold resource zones delineated by Amax Gold in the early 1990's. This reconfirmation assay data will be utilized to elevate the level of the Haile current mineral resources (8.74 million tons at 3.1 g/t for 781,000 ounces of gold) to qualify as proven and probable reserves. This drilling program is the first step in the definitive Feasibility Study which is currently underway. The program is part of operations recommended by the NI-43-101 report prepared Behre Dolbear this summer and confirmed by Lyntek Inc.

The drilling contractor is Boart Longyear Company, based out of its eastern US division office in Wytheville, Virginia. The Boart Longyear staff were involved with all of the core drilling on the property from 1988-1993.

This new program is currently being overseen and reviewed by Romarco's engineering contractors: Lyntek Inc. of Denver, Colorado and Gustavson Associates of Boulder, Colorado.

Substantial portions of the core from this current program will also be utilized for reconfirmation metallurgical studies, waste characterization profiling, geotechnical analysis, and detail ore character investigations that will expand the understanding of the whole Haile gold mineralization trend.

Romarco's Qualified Person on the project is Tom Kilbey, Senior Geologist for Romarco.

For further information, please contact Diane Garrett, President and C.E.O. or Shriene Urton 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, WHICH HAS BEEN PREPARED BY MANAGEMENT.

Contact Information

  • ROMARCO MINERALS INC.

    997 Greg Street
    Tel: (775) 355-1900
    Sparks, NV 89431
    Fax: (775) 355-1907
    Email Contact

    Diane Garrett
    President and C.E.O.

    Shriene Urton
    (775) 355-1900