SPARKS, NV, Nov. 2 /CNW Telbec/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to announce it has appointed Mr. John Marsden to the Board of Directors of Romarco.
Mr. Marsden has twenty-seven years of broad international experience managing major, innovative, copper, gold, molybdenum and cobalt operations and projects worldwide. Mr. Marsden is president of Metallurgium, a company offering consulting services to the mining industry, established early in 2009. Prior to that Mr. Marsden held the position of President, Freeport-McMoRan Mining Company. During his eighteen year tenure with Freeport-McMoRan (and formerly Phelps Dodge Corporation) he held a variety of positions including Senior Vice President of Technology and Development, and Manager of Concentrator Operations at Candelaria (Chile). In addition, he has held management positions with Gold Fields Mining Corporation at the Chimney Creek (Nevada) and East Driefontein (South Africa) gold mines.
Mr. Marsden brings a wealth of knowledge and experience in the areas of plant design and optimization, process and technology development, engineering and project implementation. Mr. Marsden authored the book "The Chemistry of Gold Extraction", has published thirty-two papers, fifteen US Patents, and is a registered Professional Engineer (Nevada).
Mr. Marsden holds the prestigious AIME Robert H. Richards Award (2005), SME Milton E. Wadsworth Award (2007), and the SME Arthur F. Tagart Award (2009).
Diane Garrett, President and CEO commented, "The Company is very excited to have someone of Mr. Marsden's caliber joining its Board of Directors. Mr. Marsden's knowledge, experience, and innovative work in minerals processing and technology will be extremely beneficial to the Company as we develop the Haile Gold Mine. Romarco is fortunate to have two AIME Robert H. Richards Award winners on their team. Mr. Jim Arnold, Sr. VP and COO of Romarco also holds this award (2007)."
Mr. Marsden has been granted 400,000 stock options in the capital of the Company at Friday's closing price of C$1.20. The stock options expire October 30, 2014.
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 that is currently undergoing exploration drilling, development planning, and permitting. The Pinos Gold District in Mexico is a high-grade epithermal vein district in the advanced exploration stage.
ON BEHALF OF ROMARCO MINERALS INC.
"Diane R. Garrett"
Diane R. Garrett,
President and CEO
"NEITHER TSX VENTURE EXCHANGE 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: Diane Garrett, President and C.E.O., (210) 621-4200, email@example.com