Romarco Expands Haile North Zone
SPARKS, NV - Romarco Minerals Inc. reported assay results from several exploration holes at its Haile Mine in South Carolina. These holes were drilled to test the strike and dip extension of the gold mineralization on the northern trend open pit target zone. The holes intersected substantial mineralization (up to 83 meters thick averaging 4 g/t Au) that expands the northern zone 50 meters to the north beyond the drilled limits used for this month's published NI43-101 resource. The new drilling indicates the north zone maintains a +50 meter thick core that is interpreted to follow a primary northeast corridor. This zone remains open in three directions and is currently being tested by ongoing exploration drilling.
All these new holes were drilled to the south at a moderate to steep angle to cross the mineralization at approximately true thickness. All of the mineralized zones intersected were hosted within silicified quartz-sericite-pyrite phyllites or nearby sheared phyllite.
DDH-317 encountered a 162 feet zone of 2.8 g/t Au that represents an expansion 30 meters north of results earlier this month. DDH-318 encountered 57.5 feet of 19.9 g/t Au adjacent to a partially mineralized shear zone and further expands the known zone 24 meters to the southeast. The center of this interval from DDH-318 contained visible gold at 203.5 meters. DDH-319, drilled under the DDH-318 intercept, encountered 196 feet of 3.45 g/t Au. The comparison of DDH-318 and DDH-319 indicates that the continuity of this northern zone improves to the north and northeast.
DDH-320 was drilled between DDH-316 (62.5m @ 2.4 g/t) and DDH-317 (49.4m @ 2.8 g/t) and encountered 274 feet of 3.99 g/t Au, which may penetrate the core of the northern zone. The northeast trending core of this zone is being tested by new drilling, while future drilling will be used to determine the boundary for the mineralized zone.
The current drill program's goal is to expand known resource zones and identify additional ones. The program has already been expanded to follow-up these new results. There is one core drill rig is working on site and a reverse circulation rig is being mobilized to the site in order to expedite the resource delineation.