Romarco Extends Land Position At Haile

 

SPARKS, NV - Romarco Minerals Inc. reported the acquisition of additional property along the mineralized trend at the Haile Gold Mine in South Carolina. The new property extends Romarco's land position 2.4 kilometers along strike beyond the western edge of the South pit. Romarco now controls 4.7 kilometers of strike length along the Haile mineralization corridor, nearly doubling what the Company controlled previously.

This extension of land hosts known gold mineralization from historic drilling. Romarco has the data from prior exploration activities. This property hosts the same rock units that host the gold ore on the adjacent Haile Gold Mine property. The technical team believes this parcel, which has not been sufficiently explored, is part of the same system and may contain an extension of the Haile trend that is currently being developed by Romarco. The Company believes the Property has significant upside potential along strike and at depth.

Diane Garrett, President and CEO commented, "We recognize we are in a gold district and as such are continuing to increase our land position along strike. This most recent land acquisition is significant given our knowledge of the geology and mineralization that extends outward from the current Haile Gold Mine resource. We will be drilling this and other newly acquired parcels during 2009. We continue to have four drill rigs on site conducting step-out and in-fill drilling on the current resource which remains open in all directions and at depth".

Romarco has completed 23,000 meters of the 85,000 meter reverse circulation drilling program for 2009. The drill program to date has focused on step out drilling adjacent to mineralized zones and condemnation drilling at proposed facilities. There are currently 52 holes pending assay results.

The company’s address is 1500-885 West Georgia Street, Vancouver, BC V6C 3E8, 604-688 9271, fax: 604-688-9274.