TORONTO, Jan. 5, 2015 /CNW/ - ROMARCO MINERALS INC. (TSX: R) (the "Company") announces that a tolling agreement has been entered into between its wholly owned subsidiary Haile Gold Mine, Inc. ("Haile"), the South Carolina Department of Health and Environmental Control ("SCDHEC") and the Sierra Club. This tolling agreement has the effect of extending the time for filing of an appeal to the South Carolina Mining Counsel for Sierra Club only. This tolling agreement expires at close of business on January 9, 2015.
This agreement was reached due to the holiday season in order to allow Haile and the Sierra Club to determine whether the Sierra Club's claims can be resolved without further appeals. SCDHEC has agreed to allow Haile and Sierra Club time to conduct discussions.
About Romarco Minerals Inc.
Romarco Minerals Inc. is a gold development company focused on production primarily in the US. The Company has completed a positive Feasibility Study and has received all major permits for its flagship project, the Haile Gold Mine in South Carolina.
SOURCE ROMARCO MINERALS INC.
For further information: Romarco Minerals Inc., Dan Symons, Vice President, Investor Relations, Phone: 416-367-5500, E-mail: [email protected]