Romarco intercepts 20m of 3.5 g/t below Snake

TORONTO, Dec. 1 /CNW Telbec/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to provide an update of recent assay results from the on-going drill program at the Haile Gold Mine, in South Carolina.

RC 1565 and 1573 were designed to test for new mineralization below the Snake pit. Portions of the Snake Pit are shallow as historic drilling (pre-Romarco) ceased after encountering the first or upper interval of mineralization. Romarco is targeting the lower interval and has identified (in RC 1565) that it begins at approximately 38 meters in depth. RC 1565 encountered 24.4 meters (80 feet) of 3.4 g/t (0.100 opt) gold and RC 1573 encountered 22.9 meters (75 feet) of 1.5 g/t (0.045 opt) gold. RC 1644 was a step-out hole to the east of Snake and intercepted 16.8 meters (55 feet) of 2.3 g/t (0.067 opt) gold. These holes will have a positive impact on adding ounces to the Snake area. Additional drill hole assays are pending from the Snake, South Pit, and Ledbetter areas.

    
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    Hole               Interval            From            To         Gold
                        (meters)        (meters)      (meters)        (g/t)
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    RC-1565               Snake
    -------------------------------------------------------------------------
                           24.4            38.1          62.5          3.4
    -------------------------------------------------------------------------
    RC-1573               Snake
    -------------------------------------------------------------------------
                           12.2            33.5          45.7          2.3
    -------------------------------------------------------------------------
                            7.6            48.8          56.4          2.6
    -------------------------------------------------------------------------
                           12.2           129.5         141.7          1.4
    -------------------------------------------------------------------------
                           22.9           172.2         195.1          1.5
    -------------------------------------------------------------------------
    RC-1644               Snake
    -------------------------------------------------------------------------
                           16.8           313.9         330.7          2.3
    -------------------------------------------------------------------------
                            3.0           345.9         349.0          1.8
    -------------------------------------------------------------------------
    RC-1650           South Pit
    -------------------------------------------------------------------------
                            3.0            35.1          38.1          0.6
    -------------------------------------------------------------------------
                            7.6           147.8         155.4          0.8
    -------------------------------------------------------------------------
                            4.6           185.9         190.5          6.0
    -------------------------------------------------------------------------
    

Romarco currently has five drill rigs at the Haile mine. The current drill program is designed to identify additional resources and convert resources into proven and probable reserves across the entire mine property. The reverse circulation drilling is being performed by Boart Longyear and Romarco's company owned drill. Core drilling is being performed by Connors drilling. The drill samples are being assayed by Alaska Assay Labs in Fairbanks, AK. Blank samples as well as third party standards were submitted with all of the drill holes. The control sample results were within acceptable ranges within and adjacent to the mineralized zones.

Romarco's Qualified Person under NI-43-101 is Peter Butterfield project geologist at Haile.

    
    About Romarco Minerals Inc.
    ---------------------------
    

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 Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage.

    
    "Neither the TSX Venture nor its regulation services provider (as that
    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.

For further information: For further information: Romarco Minerals Inc.: Diane Garrett, President and CEO, (210) 621-4200, dgarrett@romarco.com; Victoria Vargas, V.P., Investor Relations, (416) 367-5500, vvargas@romarco.com; Renmark Financial Communications Inc.: Dan Symons, (514) 939-3989, dsymons@renmarkfinancial.com

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