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Romarco encounters 21.3 meters of 7.2 g/t Au west of South Pit

05 Aug, 2010 @ 09:00 am EDT
  • Comments comments 15
Romarco Minerals Inc. (R), Mining/Minerals, Quebec, Ontario

TRADING SYMBOL: TSX: R

TORONTO, Aug. 5 /PRNewswire-FirstCall/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to announce encouraging results from step-out drilling in the South pit area. The results continue to expand the mineralization to the west and down dip of the currently proposed South Pit.

These new mineralized intercepts are from six step-out holes collared between 122 and 146 meters (400 and 480 feet) west of the currently proposed South Pit limit, and the intercepts range from 85 to 137 meters (280 to 450 feet) beyond the proposed pit walls. Highlights from the drill results include RC-1779 that intersected 21.3 meters (69.9 feet) of 7.2 g/t (0.209 opt) Au, and RC-1781 that intersected 10.7 meters (35.1 feet) of 4.1 g/t (0.119 opt) Au, and 4.6 meters (15.1 feet) of 6.6 g/t (0.192 opt) Au. Details of the drill results are given in the table below. Additional step-out drilling has been completed in this area and the assays are pending for these holes.

    -------------------------------------------------------------------------
    Hole               Interval          From             To           Gold
                       (meters)        (meters)        (meters)        (g/t)
    -------------------------------------------------------------------------
    RC-1751
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval              4.6           201.1           205.7           0.6
    -------------------------------------------------------------------------
    Interval              4.6           265.1           269.7           0.6
    -------------------------------------------------------------------------
    Interval              3.0           272.8           275.8           0.6
    -------------------------------------------------------------------------
    Interval              4.6           283.4           288.0           0.7
    -------------------------------------------------------------------------
    RC-1779
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval             16.8            21.3            38.1           0.8
    -------------------------------------------------------------------------
    Interval              3.0           192.0           195.0           3.0
    -------------------------------------------------------------------------
    Interval             21.3           207.3           228.6           7.2
    -------------------------------------------------------------------------
    RC-1781
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval              4.6            19.8            24.4           0.7
    -------------------------------------------------------------------------
    Interval              3.0            29.0            32.0           0.8
    -------------------------------------------------------------------------
    Interval             10.7           198.1           208.8           4.1
    -------------------------------------------------------------------------
    Interval              4.6           214.9           219.5           6.6
    -------------------------------------------------------------------------
    RC-1788
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval              6.1           196.6           202.7           2.0
    -------------------------------------------------------------------------
    Interval             10.7           207.2           217.9           1.2
    -------------------------------------------------------------------------
    Interval              3.0           234.7           237.7           2.4
    -------------------------------------------------------------------------
    RC-1791
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval             10.7             9.1            19.8           1.0
    -------------------------------------------------------------------------
    Interval             10.7           217.9           228.6           1.7
    -------------------------------------------------------------------------
    Interval              3.0           233.2           236.2           0.7
    -------------------------------------------------------------------------
    Interval              4.6           280.4           285.0           1.3
    -------------------------------------------------------------------------
    Interval              3.0           312.4           315.4           0.6
    -------------------------------------------------------------------------
    RC-1794
    -------------------------------------------------------------------------
    South Pit
    -------------------------------------------------------------------------
    Interval              7.6            16.8            24.4           1.3
    -------------------------------------------------------------------------
    Interval              3.0            27.4            30.4           0.9
    -------------------------------------------------------------------------
    Interval              3.0            47.5            50.3           0.6
    -------------------------------------------------------------------------
    Interval             18.3           225.6           243.9           0.8
    -------------------------------------------------------------------------
    Interval              4.6           246.9           251.5           1.1
    -------------------------------------------------------------------------

The cross-section diagrams are available at:

http://romarco.com/projects/haile/drill_results/index.php?&content_id=319

Romarco's U.S. exploration efforts include expanding the Haile resource and evaluating additional targets within the region.

Drilling is being performed by Romarco's company owned drill, by Boart Longyear, and by Connors Drilling. The drill samples are prepared and assayed by Alaska Assay/Alfred H. Knight Ltd. Samples are prepared at their facility in Spartanburg, SC, and assaying is completed in Fairbanks, AK. Blank samples as well as third party standards are inserted at random and submitted with all of the drill samples. The results of the control samples are within acceptable ranges. For a full discussion of the Company's sampling, analysis, quality assurance quality control, and other technical disclosure please see the Company's Technical Report dated December 3, 2009 and revised April 1, 2010 on SEDAR. Romarco's Qualified Person under NI 43-101 is Peter J. Butterfield, senior geologist at Haile.

    About Romarco Minerals Inc.
    ---------------------------

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 in the process of a feasibility study and continued exploration drilling. The Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage.

Please note:

This entire press release may be accessed via fax, e-mail, Romarco's website at www.romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco Minerals Inc. can be found at www.sedar.com

"Neither the TSX Venture nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release"

SOURCE ROMARCO MINERALS INC.

For more iinformation, go to www.prnewswire.com
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