Update on 2009 drilling program
Approximately 73,000 meters (236,000 feet) in 223 holes were drilled as part of the 2009 exploration program. The Company has assays pending for approximately 60 drill holes. Currently drilling is being conducted in outlying areas in order to select site facilities for the plant, tailings and waste dumps pursuant to the current feasibility that is underway. Drilling in three of the five proposed tailings sites identified gold mineralization. Drilling on the fourth site is approximately thirty percent complete and although gold mineralization has been encountered it is not yet sufficient to eliminate the site for facilities or tailings disposal. These results are a further indication that the mineralized zone is continuing to grow and remains open in all directions and at depth. Recent drilling demonstrates that the mineralization not only continues along strike in an east-west direction but is continuing to extend to the north as evidenced through recent condemnation drilling for site facilities. The Company's technical team is analyzing recently received assay data and will be disclosing those results and interpretations in the near future.
RC-1669 was drilled as a step-out hole in the area where the Ledbetter and Snake pits merge. RC-1669 encountered 33.5 meters (110 feet) of 4.3 g/t Au (0.126 opt) at 213.4 meters (700 feet). The hole was designed as a step-out in order to extend this mineralized zone to the north. The hole flattened out sooner than anticipated therefore the total distance from known mineralization was approximately 21 meters (70 feet). Additional holes stepping beyond RC-1669 have been planned. RC-1663 encountered 29.0 meters (95 feet) of 1.1 g/t Au (0.034 opt) at 7.6 meters (25 feet). RC-1663 was drilled as a step-out hole approximately 45 meters (150 feet) along the far western edge of the property (Champion area). RC-1663 demonstrates the continued possibility of finding additional near surface mineralization within the Haile mine area and confirms the mineralized zone remains open to the west. The results of these holes are summarized in the table below.
-------------------------------------------------------------------------Interval From To Gold
Hole (meters) (meters) (meters) (g/t)
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RC-1663
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Interval 29.0 7.6 36.6 1.1
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RC-1669
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Interval 33.5 213.4 246.9 4.3
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With five drill rigs on site (four RC and one core rig), the current program is designed to identify additional resources and convert resources into proven and probable reserves across the entire mine property. Drilling is being performed by Boart Longyear, Romarco's company owned drill, and
About Romarco Minerals Inc.
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Romarco Minerals Inc. is a gold development company focused on production in the US and
Please note:
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
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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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