See more news releases in: Mining & Metals, Acquisitions, Mergers and Takeovers
Romarco extends land position 2.4 km along Haile trend
This extension of land hosts known gold mineralization from historic drilling. Romarco has the data from prior exploration activities (also see press release dated
Exposures of metamorphosed sediments ("metasediments") similar to the host rocks at the historic Champion pit, the South pit, Ledbetter pit and Snake pit are located on the property. Several outcrops of intensely silicified metasediments with iron oxides replacing pyrite are present. A program is currently being designed to drill test the property.
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 option grant to Mr.
Romarco Minerals Inc. is a gold development company focused on production in the US and
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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