Romarco Minerals Inc

Published : February 14th, 2008

PLANS DRILL PROGRAM AT PINOS GOLD DISTRICT

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PRESS RELEASE

 

FOR IMMEDIATE RELEASE February 14, 2008

 

ROMARCO'S PLANS DRILL PROGRAM AT PINOS GOLD DISTRICT

 

ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to announce that it has completed its Pinos Gold District underground sampling program.Over the past year the Company has taken in excess of 800 vein samples on various mine levels ranging from 30 to 128 meters below the surface on three known vein systems (Cinco Estrellas, La Paz and San Ramon-Purisima).These sample results, combined with the geologic mapping of surface exposures and the underground workings provided a digital composite surface and mine geologic map, that has generated high priority targets on the project site.

 

The Company has noted that the Cinco Estrellas vein system has the most significant widths (two to six meters). The trace element analyses completed to date indicate it is high in the hydrothermal boiling zone and that this system has gold-bearing intervals much deeper than have been tested to date.In the San Luis mine, gold concentrations in the Cinco Estrellas vein system ranged up to 6.3 g/t gold down to the 128 meter level.Limited workings only 9.3 meters below the 128 m level yielded samples with gold up to 10.9 g/t gold and up to 180 g/t silver.Romarco is designing a 20 hole core drilling program to test the Cinco Estrellas vein system at depth.

 

The Company completed channel sampling of the San Ramon-Purisima vein system in early November, and assay data for those samples have now been received.Sixty-three sites were sampled with as many as 7 samples collected across the vein at any one sample site where multiple banding was observed.�� Two levels at the 70 and 124 meter depths were sampled with some intervening collections down the shaft access.Samples from the 124 meter level were particularly enriched in gold and silver with six of the samples containing more than 9 g/t gold and ranging from 9.17 to 16.3g/t.Silver values for all 13 samples collected on the 124 meter level averaged 108 g/t. Vein widths range from 20 cm to 1.2 meters.

 

Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Company's flagship project is the Haile Gold Mine in South Carolina which is currently undergoing feasibility and permitting. The Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage. The Company also has three gold exploration projects in Nevada.

 

For further information, please contact Diane Garrett, President and C.E.O. at (830) 624-6249 or by e-mail at dgarrett@romarco.com or Shirene Urton, Executive Assistant at (775) 355- 1900 or by e-mail at surton@romarco.com.

 

ON BEHALF OF ROMARCO MINERALS INC.

 

"Diane R. Garrett"

Diane R. Garrett,

 

President and C.E.O.

 

 

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPTRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE, WHICH HAS BEEN PREPARED BY MANAGEMENT.

 

 

ROMARCO MINERALS INC.

997 Greg Street Tel: (775) 355-1900

Sparks, Nevada �� Fax: (775) 355-1907

USA 89431 info@romarco.com

 


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Romarco Minerals Inc

DEVELOPMENT STAGE
CODE : R.TO
ISIN : CA7759032062
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Romarco Min. is a gold exploration company based in Canada.

Romarco Min. holds various exploration projects in Mexico.

Its main asset in development is HAILE in USA and its main exploration properties are PINE GROVE in USA and PINOS GOLD DISTRICT in Mexico.

Romarco Min. is listed in Canada. Its market capitalisation is CA$ 4.0 millions as of today (US$ 3.0 millions, € 2.7 millions).

Its stock quote reached its highest recent level on November 12, 2010 at CA$ 2.88, and its lowest recent point on November 09, 2018 at CA$ 0.01.

Romarco Min. has 265 030 000 shares outstanding.

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