UPDATES HAILE GOLD MINE PROJECT PERMITTING STATUS
ROMARCO MINERALS INC. (TSX: R) (the "Company") reports that the period for
submission by all interested parties of comments on the Company's applications
for two of the permits required for operation at the Haile
Gold Mine project, in Lancaster
County, South Carolina, has closed.
In the fourth quarter of 2010, the
Company submitted applications for two permits required for commencement of
operations: the State Mine Operating Permit and Federal
404 Wetlands Permit. The regulating agencies responsible for issuing
these permits are the South Carolina Department of Health and
Environmental Control - "DHEC" and the US Army Corps of
Engineers - "USACE" respectively.
As part of the mine permitting process,
agencies and the public are requested to review the permit applications and
provide their comments to the regulating agency. The comment period for
the Mine Operating Permit concluded in February 2011 with few
comments received; the comment period for the 404 permit concluded on March
30, 2011. The Company received copies of the comment letters from the
USACE late on March 31, 2011, and as expected, the comments
reflected a spectrum of views on the project including strong support,
questions regarding impacts, and requests for additional information. The EPA,
acting as a commenting agency on this matter, recommended that the USACE
request additional information and clarification before a permit be issued.
While other agencies may act as commenting agencies, the USACE is the regulatory
agency that will issue the Federal permit, and no determination has been made
by the USACE regarding an EIS.
The Company has established good rapport
and communication with all agencies, and will continue to work proactively with
the USACE and DHEC to address the relevant comments. The Company is
committed to working with the USACE, DHEC and commenting agencies to
demonstrate that its plans will fulfill the requirements of the applicable
About Romarco Minerals
Romarco Minerals Inc. is a gold development company
focused on production primarily in the US. The Company has completed a
positive Feasibility study and is continuing exploration and permitting for its
flagship project, the Haile Gold Mine
in South Carolina.
This entire press release may be accessed via fax, e-mail, Romarco's
website at www.Romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco
Minerals Inc. can be found at www.sedar.com.