See more news releases in: Mining & Metals, Acquisitions, Mergers and Takeovers
Romarco acquires Buzzard, other lands at Haile
Gold mineralization on the Buzzard property hosts similar rock units that host the gold ore at the Haile Gold Mine (banded metavolcanics and metasediments with silicification, molybdenite and pyrite). Prior drilling data from the 1990's shows the presence of high-grade gold mineralization in this area.
The terms of the purchase agreement include a cash payment of
The Company has also purchased approximately 150 acres of land adjoining the Haile Gold Mine from the Small Family Living Trust. This parcel of land hosts known gold mineralization previously drilled by Amax Gold and appears to be an offset or possible extension of the South Pit. The total purchase price was
Romarco Minerals Inc. is a gold development company focused on production in the US and
For further information, please contact
ON BEHALF OF ROMARCO MINERALS INC.
"Diane R. Garrett"
Diane R. Garrett,
President and C.E.O.
"NEITHER TSX VENTURE EXCHANGE 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.
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