Romarco Moving Into Final Phase Of Feasibility Study 

TORONTO, ON - Romarco Minerals Inc reported that it has successfully drilled and condemned the current proposed tailings location ("Duckwood"). The tailings area itself will encompass 510 acres of a more than 1,000 acre continuous land parcel. With successful condemnation drilling for a tailings location Romarco is now moving into the final phases of the feasibility study including mine modeling and planning, operating and capital cost estimations, cash flow analysis and final permit applications.  With the increase in the drill rig fleet from six to nine rigs, the Company will resume primarily drilling for ore.

The Company also recently held a groundbreaking ceremony to mark the construction kick-off of an analytical and metallurgical lab at Haile. The laboratory will be seeking independent accreditation and will transition to the operating lab on production. While third-party check assays and verifications will remain critical, the completion of the lab will allow greatly reduced turnaround time for assays. Rudy Carter, Lancaster County Council Chairman stated, "The residents of Lancaster County and Lancaster County Council are excited about the continued progress being made at the Haile Gold Mine. The people of Lancaster County are fully supportive of the mine reopening and this new $5 million lab and creation of additional jobs is further proof of Haile Gold Mine's commitment to Lancaster County.  We welcome this new facility and look forward to a long and prosperous relationship with the company in Lancaster County." The company's address is 181 Bay, St. Suite 3630, Toronto, ON M5J 2T3, 416-367-5500, fax: 416-367-5505.