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Haile Project
Haile
Country
USA
Province
South carolina
Close to
Kershaw
Status
FEASIBILITY
Latitude / Longitude
34 N 34 / 80 W 31
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Risk and valuation analysis of the Haile Project
Status Risk : Feasibility
Country Risk : Very Low
Resource Risk : 60.00%
In situ value
2,306,041,238 $
Title(s) of the Haile Project
Romarco Minerals Inc
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Romarco has purchased outright the Haile Mine, Hinson, Blackwell, Small-1 and Small-2 tracts from Kinross. These specific tracts are subject to a royalty which expires two years from the Closing Date of the transaction, or October 15, 2009.
Location of the Haile Project
The Haile Gold Mine is situated in the Carolina Slate Belt of the United States – a unique geologic feature that runs from the state of Virginia to Georgia.
History of the Haile Project
The Property was part of the land package controlled by Amax Gold in the 1990s. Historic drilling by Amax has shown the Property contains approximately 2.25 million tons of ore in the inferred resource category (1.3 g/t average grade) containing appr
more...
Reserves and resources of the Haile Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Measured
27,782,000
1.89
1 688 171
Mesured and Indicated
27,782,000
1.89
1 688 171
Total
27 782 000
1 688 171
Definitions
Reserves and resources of the Haile Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 688 171
1 688 171
1 688 171
oz
2 315 039 188 US$
Production history
Metal
1989
1988
1987
1986
1985
GOLD (oz)
12,075
12,878
8,597
12,426
6,052
SILVER (oz)
7,677
6,262
9,262
431
Exploration and drilling
9/26/2011
US Army Corps of Engineers selects Cardno ENTRIX to complete...
9/12/2011
Romarco secures key equipment for Haile
7/3/2011
ROMARCO TO HOST CONFERENCE CALLTO UPDATE HAILE GOLD MINE PRO...
4/1/2011
ROMARCO UPDATES HAILE GOLD MINE PROJECT PERMITTING STATUS
3/1/2010
drills best hole ever - New zone discovered
1/19/2010
reases land position at Haile
1/11/2010
Expands 2010 Haile drill program
12/1/2009
Launches feasibility at Haile
10/28/2009
Major resource increase at Haile
9/28/2009
Acquires Buzzard, other lands at Haile
8/19/2009
Haile expands mining team at Haile
7/13/2009
returns 34 meters of 5.3 g/t Au expands mineralization to th...
5/27/2009
expands mineralization to North - Drills 27.4 meters of 2.9 ...
4/9/2009
Drills 39.6 Meters of 8.8 g/t Au at Haile
3/31/2009
Drills Haile With 4 Rigs
2/24/2009
More Drilling Planned At Haile Additional information on Hai...
2/5/2009
Announces Bankable Feasibility at Haile
9/25/2008
Expands Drilling At Haile
5/21/2008
Exploration Extends Mineralization at Haile
Discoveries and Drilling Results
2/7/2012
Romarco resource at Haile grows to 4.0 million ounces gold m...
5/2/2011
ROMARCO INTERSECTS 36,3 METERS OF 5=2E5 G/T GOLD AT H...
3/14/2011
ROMARCO ENCOUNTERS 31.8 METERS OF 17.3 G/T AT WEST LEDBETTER...
1/11/2011
Encounters 30.7 Meters Of 16.1 G/T And Provides 2010 Explora...
11/2/2010
Announces in-Shell Resource Estimate
10/28/2010
Intersects 66 Meters of 10.9 G/T at Horseshoe
9/20/2010
Intersects Bonanza-Grade Gold In Upper Portions Of Horseshoe
9/7/2010
Drills 77.7 Meters Of 8.0 G/T And 148.3 Meters Of 3.6 G/T
6/9/2010
Encounters 88.4 meters of 5.1 g/t gold adds sixth rig
4/28/2010
Encounters 60.7 meters of 11.9 g/t gold - "New best hole eve...
3/2/2010
Romarco drills best hole ever at Haile
2/18/2010
Drills 35.1 meters of 2.9 g/t gold in condemnation hole
12/1/2009
Intercepts 20m of 3.5 g/t below Snake
11/23/2009
Drills 21 m of 4.9 g/t, 9 m of 13.4 g/t gold
10/5/2009
drills 26 meters of 4.3 g/t, adds 5th rig at Haile
9/1/2009
Intercepts 32 meters of 4 g/t at Snake - Haile continues to ...
8/31/2009
Confirms mineralized zone between Ledbetter and Snake deposi...
1/30/2009
Encounters 60.6 Meters of 6.9 g/t Au at Haile
1/21/2009
Encounters a 57.4 Meter Aggregate Zone of 2.8 g/t Au at Nort...
10/30/2008
Expands Haile North Zone With New 83.5 M Intercept At 4.0 G/...
10/16/2008
Intercepts 49 M Of 3.7 G/T At Haile
9/5/2008
Announces Major Resource Increase At Haile, Mining Plan Near...
6/30/2008
Intercepts 17.8 Meters of 3.1 g/t at Haile
5/29/2008
Intercepts 29 Meters of 9.2 g/t and 24 Meters of 7.7 g/t at ...
4/29/2008
Intercepts Visible Gold at Haile
3/26/2008
Intercepts 27.5 Meter Zone of 2.2 g/t at Haile
3/26/2008
Intercepts 27.5 Meter Zone of 2.2 G/T at Haile
2/27/2008
INTERCEPTS 23 METER ZONE OF 5.4 G/T AT HAILE
Location
Data last updated on : 11/2/2010
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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