Northern Abitibi Mining Corp

Published : January 21st, 2009

Romarco Encounters a 57.4 Meter Aggregate Zone of 2.8 G/T Au at North Haile Area

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Keywords :   Canada | G Mexico | Gold | Gold Mine | Mexico | Precious Metals |
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Romarco Encounters A 57.4 Meter Aggregate Zone Of 2.8 g/t Au At North Haile Area

ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to announce assay results from an additional exploration hole at the Haile Mine in South Carolina. This latest hole was a step-out hole to determine the western extent of the mineralization at the north resource zone

DDH-333 was collared 20 meters (65 feet) east of DDH-308 and intersected a 100 meter thick mineralized target horizon. That target horizon included three discreet ore zones consisting of 26.8 meters (87.8 feet) of 2.2 g/t Au, 7.9 meters (25.7 feet) of 6.3 g/t Au, and 22.7 meters (74.6 feet) of 2.4 g/t Au. Therefore, the 100 meter thick target returned a 57 meter composite zone averaging 2.8 g/t Au.

This latest hole was also drilled to the south at a moderately steep angle in order to minimize hole deflection and to have the hole transect mineralization at a normal angle. All of the mineralized zones were hosted within silicified quartz-sericite-pyrite phyllites. See the table below for details.

Hole Interval (meters) From
(meters)
To
(meters)
Gold
(g/t)
DDH - 333        
Interval 26.8 67.7 94.5 2.2
Interval 7.9 104.3 112.2 6.3
Interval 22.7 138.7 161.4 2.4
Target  Aggregate 57.4 2.8

Drilling services for this core hole was performed by Boart Longyear. The core samples were assayed by Inspectorate Labs in Sparks, NV. The core was halved and sampled with control samples inserted. The results of the control samples were all within acceptable ranges. Romarco�s Qualified Person is Tom Kilbey, Sr. Geologist with the Company.

Romarco purchased a Reverse Circulation (RC) rig at year end and has employed a seasoned drilling crew with more than 30 years of precious metals drilling experience. The decision to switch from core to RC drilling was based on the need to accelerate the drill rate in order continuing expanding the resource and to make informed decisions for mine planning purposes. Owning the rig significantly reduces drilling costs and provides Romarco flexibility in conducting its drilling program. Several target areas remain that require additional drilling.

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 exploration drilling, bankable feasibility study and permitting. The Company also has two gold exploration projects in Nevada.

For further information, please contact Diane Garrett, President and C.E.O. at (830) 624-6249 or Shirene Urton, Executive Assistant at (775) 355-1900.

ON BEHALF OF ROMARCO MINERALS INC.

"Diane R. Garrett"
Diane R. Garrett,
President and C.E.O.

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Northern Abitibi Mining Corp

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CODE : NAI.V
ISIN : CA6647241018
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Northern Abitibi Mining is a gold and cobalt exploration company based in Canada.

Its main exploration properties are SOUTH VOISEY BAY, TAYLOR BROOK, DOUAY NORTHWEST and VIKING in Canada.

Northern Abitibi Mining is listed in Canada. Its market capitalisation is CA$ 1.1 millions as of today (US$ 806 842, € 756 657).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 0.44, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Northern Abitibi Mining has 107 310 000 shares outstanding.

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Financings of Northern Abitibi Mining Corp
3/28/2011Announces Non-Brokered Financing
Nominations of Northern Abitibi Mining Corp
6/19/2012Appoints Interim Chief Financial Officer
Project news of Northern Abitibi Mining Corp
10/17/2012(Viking)Shareholders Approve the Sale of the Viking Property to Spru...
12/7/2011(Viking)Announces New Resource Estimate for Viking With 55% Increase...
9/19/2011=2E: New Zones of Gold Mineralization Discovered at Surface
8/18/2011(Viking)Announces Additional Drill Results From Viking and the Disco...
7/27/2011(Viking)Announces Additional Drill Results from Viking Including 1=2...
6/28/2011(Viking)Announces Drill Results from Viking Including 1=2E3 Metres G...
5/17/2011(Viking)Drilling Commences at Northern Abitibi's Viking Project
4/21/2011(Viking)Receives 2011 Exploration Permits and Signs Drill Contract
3/30/2011(Viking)Announces 2011 Exploration Plans for Viking
3/2/2011(Viking)Announces Initial Independent Gold Resource Estimate for Vik...
8/19/2010(Viking)Provides Summary of Additional Gold Targets at Its Viking Pr...
8/12/2010(Viking)Intersects More Gold at Viking
7/13/2010(Viking)Announces Additional Drill Results From Viking Including 8=2...
6/22/2010(Viking)Announces Widest MineralizedDrill Intersections at Viking to...
5/27/2010(Viking)Continues to Intersect High Grade Gold at Viking
5/3/2010(Viking)Commences Drilling at Viking
4/7/2010(Viking)Receives Exploration Permits for Viking Drill Program
11/18/2008(Viking) Drills High Grade Gold Including 218.79 g/t Over 0.5m & 50....
Corporate news of Northern Abitibi Mining Corp
3/9/2015Acquires Cariboo Gold Property in British Columbia
3/9/2015Northern Abitibi Acquires Cariboo Gold Property in British C...
12/17/2014Northern Abitibi Annouces Trenching Results for Ches Includi...
10/30/2014The 2014 Exploration Program Has Been Completed at Northern ...
10/2/2014Exploration to Commence at Northern Abitibi's Ches Property,...
8/21/2014Fire Delays Exploration at Northern Abitibi's Ches Property,...
6/2/2014Northern Abitibi Announces Results of Annual & Special Meeti...
5/13/2014Northern Abitibi Receives Approval for the Ches Property Opt...
4/28/2014Northern Abitibi Approves Exploration Budget for Ches Proper...
4/23/2014Northern Abitibi Options Ches Property in British Columbia
7/9/2013Enters Into an Agreement to Sell Its Interest in the Sarah L...
10/29/2012(Viking)Completes Viking Property Sale to Spruce Ridge Resources and...
8/14/2012(Viking)Consolidates the Viking District Through a Sale of Viking to...
5/8/2012Receives $100,000 Grant
1/9/2012Files Technical Report
1/28/2009Romarco Encounters 60.6 meters of 6.9 g/t Au at Haile
1/21/2009Gold Star Acquires West African Oil and Gas Consessions
1/22/2009Gold Company Assays 2.45 Metres Averaging 38.17 g/t Au From ...
1/21/2009Romarco Encounters a 57.4 Meter Aggregate Zone of 2.8 G/T Au...
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