Romarco Drills Haile With 4 Rigs
March 31 2009 - 7:30AM
Marketwired
ROMARCO MINERALS INC. (TSX VENTURE: R) (the "Company") is pleased
to announce that it has received drilling permits for 500 holes at
the Haile Gold Mine in South Carolina. Due to the success of the
2008 drilling program, the Company has expanded its 2009 drilling
program by recently adding three contracted RC (reverse
circulation) drills through Boart Longyear (Eklund). Two of these
rigs are already on site and the third will be arriving in the next
two weeks. The fourth rig on site is an RC drill that was purchased
by the Company during the fourth quarter of 2008. The Company's
drilling team has more than 40 years experience.
The 2009 drilling program will be comprised of 280,000 feet
(85,000 meters) with approximately two-thirds of the drilling
focused on step-out exploration and one-third focused on in-fill
delineation to convert resources into reserves. The updated
geologic model has identified numerous potential discovery targets
on the Haile site and the updated resource model has identified
zones that need further delineation to expand the reserves. The
mineralized zones at Haile still remain open to the north, east,
west and at depth throughout the 2000 acre land position that
Romarco controls. This drilling program will include the first deep
drilling on the Haile Mine site where holes will be drilled to
depths in excess of 1500 feet (450 meters).
This press release has been reviewed and approved for release by
Ken Brunk (COO for Romarco), and Tom Kilbey, Professional Geologist
(Sr. Geologist for Romarco), each being a designated "Qualified
Person" under NI 43-101.
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, bankable feasibility study and permitting.
The Pinos Gold District in Mexico is a high grade epithermal vein
district that is in the advanced exploration stage.
ON BEHALF OF ROMARCO MINERALS INC.
Diane R. Garrett, President & CEO
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 (FAX) Email: info@romarco.com Website:
www.romarco.com
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