Romarco Drills 39.6 Meters of 8.8 g/t Au at Haile
09 April 2009 - 10:30PM
Marketwired
ROMARCO MINERALS INC. (TSX VENTURE: R) (the "Company") is pleased
to announce assay results from its Haile Gold Mine in South
Carolina.
RC-1505 was drilled within the North Zone ore body to increase
drill density to elevate the drilled material from indicated to
measured resource category. RC-1505 encountered 12.2 meters (40
feet) of 2.83 g/t Au (0.083 opt) 9 meters above another interval of
39.6 meters (130 feet) of 8.8 g/t Au (0.258 opt). RC1505 ended in
mineralization and will be reentered and extended. All of the
control samples submitted with this hole were within acceptable
ranges.
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Hole Interval From To Gold
(meters) (meters) (meters) (g/t)
----------------------------------------------------------------------------
RC - 1505
----------------------------------------------------------------------------
Interval 12.2 57.9 70.1 2.8
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Interval 39.6 79.3 118.9 8.8
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The Company expects to have continual news flow with four rigs
currently drilling on the property. The program consists of
step-out drilling to identify new resources and expand the known
mineralized zone, in-fill drilling to convert inferred resources
into measured and indicated, and condemnation drilling to test for
gold mineralization under proposed plant and facility sites. The
current mineralized zone remains open to the north, west, east and
at depth.
On April 6, 2009 the Board of Directors granted 3,000,000 stock
options at C$0.55 to Directors, Officers and Employees. The options
will expire April 6, 2012.
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 and permitting. The Pinos Gold District in
Mexico is a high grade epithermal vein district that is in the
advanced exploration stage. Tom Kilbey, the company's Senior
Geologist, is Romarco Minerals Qualified Person.
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.
Contacts: Romarco Minerals Inc. Diane Garrett President and
C.E.O. (210) 621-4200 Romarco Minerals Inc. Shirene Urton (775)
355-1900 (775) 355-1907 info@romarco.com www.romarco.com
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