TRADING SYMBOL:TSX: R
TORONTO, July 28, 2014 /CNW/ - ROMARCO MINERALS INC. (TSX: R) (the "Company") is pleased to announce that following the posting of the Final Environmental Impact Statement on July 24, 2014 on the US Army Corps of Engineers ("Corps") website, www.hailegoldmineeis.com, the Corps has now informed the Company it will issue its Record of Decision ("ROD") on the 404 Wetlands permit application in November 2014. The 404 permit is the only Federal environmental permit required for the Haile Gold Mine.
Diane R. Garrett, President & CEO commented: "We are pleased that the Corps has announced its guidance on the timing of the ROD. The November timing falls within our planned schedule for funding and preparing for construction activities at the Haile Gold Mine. Based on our continued work with South Carolina Department of Health and Environmental Control ("DHEC"), we anticipate that the remaining State permits also will meet this schedule."
In 2013, the Company received four State permits - the National Pollutant Discharge Elimination System permit, Air Quality permit, Dam Safety permit, and Stormwater Construction permit. The State permits or authorizations remaining for the Haile project include, among others, the State Mine Operating permit, and 401 Water Quality Certification. A list of other required permits is included in the Company's National Instrument 43-101 compliant technical report filed on SEDAR on March 19, 2012.
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 is continuing permitting for its flagship project, the Haile Gold Mine in South Carolina.
SOURCE: ROMARCO MINERALS INC.
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Romarco Minerals Inc.
Dan Symons, Vice President, Investor Relations