Romarco drills 21 m of 4.9 g/t, 9 m of 13.4 g/t gold

News provided by

ROMARCO MINERALS INC.

Nov 23, 2009, 10:27 ET

TORONTO , Nov. 23 /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. The interim results of the 2009 drill campaign demonstrate that step-out drilling continues to identify additional gold mineralization at Haile and that the mineralized zone remains open in all directions and at depth. Select drill result highlights are in the table below with full interim drill results in the table following. Holes with an asterisk denote they were not included in the recently announced October 2009 resource update.

    
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    Highlighted       Interval           From           To            Gold
      Results         (meters)         (meters)      (meters)         (g/t)
       Hole
    -------------------------------------------------------------------------
    RC-1616*        Ledbetter
    -------------------------------------------------------------------------
                        21.3             199.6         221.0           4.9
    -------------------------------------------------------------------------
    RC-1576*        Ledbetter
    -------------------------------------------------------------------------
                         9.1             167.6         176.8          13.4
    -------------------------------------------------------------------------
    RC-1603           Ledbetter
    -------------------------------------------------------------------------
                        13.7             111.3         125.0           3.6
    -------------------------------------------------------------------------
                        10.7             201.2         211.8           4.6
    -------------------------------------------------------------------------
    RC-1613*        Ledbetter
    -------------------------------------------------------------------------
                        24.4             196.6         221.0           2.2
    -------------------------------------------------------------------------
    RC-1614*        South Pit
    -------------------------------------------------------------------------
                        12.2             368.8         381.0           2.2
    -------------------------------------------------------------------------
    RC-1517*        South Pit
    -------------------------------------------------------------------------
                         3.0              86.9          89.9           2.1
    -------------------------------------------------------------------------
                         6.1             114.3         120.4           2.7
    -------------------------------------------------------------------------
                        10.7             128.0         138.7           6.4
    -------------------------------------------------------------------------
    RC-1564*        South Pit
    -------------------------------------------------------------------------
                         7.6             125.0         132.6           0.9
    -------------------------------------------------------------------------
                         7.6             176.8         185.9           5.6
    -------------------------------------------------------------------------
    RC-1571*          Snake
    -------------------------------------------------------------------------
                         4.6              39.6          44.2           2.0
    -------------------------------------------------------------------------
                        12.2              50.3          62.5           2.0
    -------------------------------------------------------------------------
                        15.2             181.4         196.6           1.9
    -------------------------------------------------------------------------
                        22.9             222.5         245.4           3.8
    -------------------------------------------------------------------------
                        10.7             201.2         211.8           4.6
    -------------------------------------------------------------------------
    RC-1618             Snake
    -------------------------------------------------------------------------
                         9.1             353.6         362.7           4.0
    -------------------------------------------------------------------------
                         7.6             435.9         443.5           1.7
    -------------------------------------------------------------------------

A complete listing of all interim drill hole results are summarized in the table below - holes with an asterisk indicated they were not included in the recently announced October 2009 resource update. Most of the holes are step-out holes designed to determine the extent of the mineralized zones at Haile. The reported interval thickness is the down hole thickness and may not be the true thickness, although the drill holes generally deflect perpendicular to the rock fabric and the reported thickness should be close to the true thickness.

    
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    Full Results      Interval           From           To            Gold
       Hole           (meters)         (meters)      (meters)         (g/t)
    -------------------------------------------------------------------------
    RC-1517*        South Pit
    -------------------------------------------------------------------------
                         3.0              86.9          89.9           2.1
    -------------------------------------------------------------------------
                         6.1             114.3         120.4           2.7
    -------------------------------------------------------------------------
                        10.7             128.0         138.7           6.4
    -------------------------------------------------------------------------
    RC-1540*        South Pit
    -------------------------------------------------------------------------
                         3.0              96.0          99.1           0.5
    -------------------------------------------------------------------------
    RC-1549*        South Pit
    -------------------------------------------------------------------------
                         9.1              89.9          99.1           0.7
    -------------------------------------------------------------------------
                        10.7             192.0         202.7           2.1
    -------------------------------------------------------------------------
                         3.0             205.7         208.8           4.1
    -------------------------------------------------------------------------
                         3.0             213.4         216.4           3.7
    -------------------------------------------------------------------------
    RC-1562             Snake
    -------------------------------------------------------------------------
                         3.0             141.7         138.7           0.6
    -------------------------------------------------------------------------
                         7.6             326.1         333.8           1.6
    -------------------------------------------------------------------------
    RC-1564*        South Pit
    -------------------------------------------------------------------------
                         7.6             125.0         132.6           0.9
    -------------------------------------------------------------------------
                         7.6             176.8         185.9           5.6
    -------------------------------------------------------------------------
    RC-1571*          Snake
    -------------------------------------------------------------------------
                         4.6              39.6          44.2           2.0
    -------------------------------------------------------------------------
                        12.2              50.3          62.5           2.0
    -------------------------------------------------------------------------
                        15.2             181.4         196.6           1.9
    -------------------------------------------------------------------------
                        22.9             222.5         245.4           3.8
    -------------------------------------------------------------------------
    RC-1574*        Champion
    -------------------------------------------------------------------------
                        18.3             123.4         141.7           0.6
    -------------------------------------------------------------------------
    RC-1575*        Champion
    -------------------------------------------------------------------------
                         6.1             140.2         146.3           0.9
    -------------------------------------------------------------------------
    RC-1576*        Ledbetter
    -------------------------------------------------------------------------
                         9.1             167.6         176.8          13.4
    -------------------------------------------------------------------------
    RC-1578*        Champion
    -------------------------------------------------------------------------
                         3.0              54.9          57.9           0.6
    -------------------------------------------------------------------------
    RC-1580*        Champion
    -------------------------------------------------------------------------
                         3.0              76.2          79.2           0.5
    -------------------------------------------------------------------------
    RC-1581
    -------------------------------------------------------------------------
                         3.0              38.1          41.1           0.5
    -------------------------------------------------------------------------
                         3.0             131.1         134.1           0.6
    -------------------------------------------------------------------------
    RC-1592*       South Pit
    -------------------------------------------------------------------------
                         3.0             243.8         246.9           1.5
    -------------------------------------------------------------------------


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

    -------------------------------------------------------------------------
    RC-1595             Snake
    -------------------------------------------------------------------------
                         7.6             182.9         190.5           0.7
    -------------------------------------------------------------------------
                         9.1             198.1         207.3           0.8
    -------------------------------------------------------------------------
                        33.5             219.5         253.0           0.8
    -------------------------------------------------------------------------
                         7.6             268.2         275.8           0.9
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    RC-1602*          Snake
    -------------------------------------------------------------------------
                         1.5             131.1         132.6           2.7
    -------------------------------------------------------------------------
    RC-1603           Ledbetter
    -------------------------------------------------------------------------
                        13.7             111.3         125.0           3.6
    -------------------------------------------------------------------------
                        10.7             201.2         211.8           4.6
    -------------------------------------------------------------------------
    RC-1604             Snake
    -------------------------------------------------------------------------
                         7.6             103.6         111.3           1.7
    -------------------------------------------------------------------------
                        38.1             166.1         204.2           0.6
    -------------------------------------------------------------------------
                        25.9             239.3         265.2           0.8
    -------------------------------------------------------------------------
                        15.2             269.7         285.0           0.8
    -------------------------------------------------------------------------
    RC-1608             Snake
    -------------------------------------------------------------------------
                        22.9             281.9         304.8           1.2
    -------------------------------------------------------------------------
                        10.7             309.4         320.0           1.2
    -------------------------------------------------------------------------
    RC-1609             Snake
    -------------------------------------------------------------------------
                        44.2             303.3         347.5           0.8
    -------------------------------------------------------------------------
    RC-1611 (twin)    Ledbetter
    -------------------------------------------------------------------------
                        89.9             192.0         281.9           5.7
    -------------------------------------------------------------------------
    RC-1613*        Ledbetter
    -------------------------------------------------------------------------
                        24.4             196.6         221.0           2.2
    -------------------------------------------------------------------------
    RC-1614*        South Pit
    -------------------------------------------------------------------------
                        12.2             368.8         381.0           2.2
    -------------------------------------------------------------------------
    RC-1615           Ledbetter
    -------------------------------------------------------------------------
                         3.0             163.1         166.1           0.7
    -------------------------------------------------------------------------
                        15.2             379.5         394.7           0.8
    -------------------------------------------------------------------------
    RC-1616*        Ledbetter
    -------------------------------------------------------------------------
                        21.3             199.6         221.0           4.9
    -------------------------------------------------------------------------
    RC-1618             Snake
    -------------------------------------------------------------------------
                         9.1             353.6         362.7           4.0
    -------------------------------------------------------------------------
                         7.6             435.9         443.5           1.7
    -------------------------------------------------------------------------
    RC-1619*          Snake
    -------------------------------------------------------------------------
                        10.7             253.0         263.7           1.8
    -------------------------------------------------------------------------
                         3.0             266.7         269.7           1.1
    -------------------------------------------------------------------------
                         4.6             274.3         278.9           1.3
    -------------------------------------------------------------------------
                         4.6             286.5         291.1           1.0
    -------------------------------------------------------------------------
    RC-1622*        Ledbetter
    -------------------------------------------------------------------------
                         6.1             239.3         245.4           2.6
    -------------------------------------------------------------------------
                        21.3             274.3         295.7           1.6
    -------------------------------------------------------------------------
    RC-1623             Snake
    -------------------------------------------------------------------------
                        15.2             185.9         201.2           0.7
    -------------------------------------------------------------------------
                        22.9             254.5         277.4           1.0
    -------------------------------------------------------------------------
                         7.6             323.1         330.7           0.8
    -------------------------------------------------------------------------


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

    -------------------------------------------------------------------------
    RC-1625*          Snake
    -------------------------------------------------------------------------
                        10.7             321.6         332.2           1.0
    -------------------------------------------------------------------------
                        10.7             335.3         345.9           1.6
    -------------------------------------------------------------------------
    RC-1627*          Snake
    -------------------------------------------------------------------------
                         3.0              83.8          86.9           3.1
    -------------------------------------------------------------------------
                         7.6             199.6         207.3           0.7
    -------------------------------------------------------------------------
                        10.7             243.8         254.5           0.6
    -------------------------------------------------------------------------
                         3.0             257.6         260.6           0.9
    -------------------------------------------------------------------------
                         3.0             266.7         269.7           1.1
    -------------------------------------------------------------------------
    RC-1631*          Snake
    -------------------------------------------------------------------------
                         9.1             115.9         125.0           1.3
    -------------------------------------------------------------------------
                        15.2             173.7         189.0           1.7
    -------------------------------------------------------------------------
                        12.2             195.1         207.3           1.7
    -------------------------------------------------------------------------
                        27.4             262.1         289.6           1.7
    -------------------------------------------------------------------------
    RC-1632*        Ledbetter
    -------------------------------------------------------------------------
                        10.7              19.8          30.5           0.5
    -------------------------------------------------------------------------
                        10.7              47.2          57.9           1.9
    -------------------------------------------------------------------------
                         4.6             166.1         170.7           0.7
    -------------------------------------------------------------------------
    RC-1633*          Snake
    -------------------------------------------------------------------------
                        19.8             196.6         216.4           1.1
    -------------------------------------------------------------------------
                         4.6             266.7         271.3           2.4
    -------------------------------------------------------------------------
                        15.2             277.4         292.6           1.3
    -------------------------------------------------------------------------
                         7.6             297.2         304.8           1.0
    -------------------------------------------------------------------------
    RC-1634*          Snake
    -------------------------------------------------------------------------
                         4.6             352.0         356.6           3.7
    -------------------------------------------------------------------------
    RC-1636*          Snake
    -------------------------------------------------------------------------
                         4.6             143.3         147.8           2.8
    -------------------------------------------------------------------------
                        13.7             219.5         233.2           1.4
    -------------------------------------------------------------------------
                        65.5             243.8         309.4           0.8
    -------------------------------------------------------------------------
    RC-1638*          Snake
    -------------------------------------------------------------------------
                        10.7             228.6         239.3           0.7
    -------------------------------------------------------------------------
                        16.8             251.5         268.2           0.8
    -------------------------------------------------------------------------
                        41.1             281.9         323.1           0.8
    -------------------------------------------------------------------------
    RC-1642*          Snake
    -------------------------------------------------------------------------
                         3.0             170.7         173.7           0.9
    -------------------------------------------------------------------------
                        24.4             245.4         269.7           1.2
    -------------------------------------------------------------------------
                        13.7             274.3         288.0           0.6
    -------------------------------------------------------------------------
                        32.0             295.7         327.7           1.0
    -------------------------------------------------------------------------
    RC-1648*        Ledbetter
    -------------------------------------------------------------------------
                        13.7              24.4          38.1           2.1
    -------------------------------------------------------------------------
    RC-1653*        Ledbetter
    -------------------------------------------------------------------------
                         3.0              32.0          35.1           3.0
    -------------------------------------------------------------------------
                         9.1              47.2          56.4           2.3
    -------------------------------------------------------------------------
                        13.7             300.2         313.9           1.1
    -------------------------------------------------------------------------
                        12.2             317.0         329.2           1.3
    -------------------------------------------------------------------------
    RC-1657*        Ledbetter
    -------------------------------------------------------------------------
                         6.1             178.3         184.4           1.0
    -------------------------------------------------------------------------
                         3.0             195.1         198.1           1.9
    -------------------------------------------------------------------------


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

    -------------------------------------------------------------------------
    RC-1661*          Snake
    -------------------------------------------------------------------------
                         3.0             160.1         163.1           0.8
    -------------------------------------------------------------------------
                         3.0             167.6         170.7           0.9
    -------------------------------------------------------------------------
                        12.2             175.3         187.5           1.1
    -------------------------------------------------------------------------
                        10.7             249.9         260.6           1.0
    -------------------------------------------------------------------------
    RC-1668*          Snake
    -------------------------------------------------------------------------
                         4.6             289.6         294.1           0.7
    -------------------------------------------------------------------------
                        12.2             312.4         324.6           1.6
    -------------------------------------------------------------------------

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 .

    
    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"

For further information: Romarco Minerals Inc.: Diane Garrett, President and CEO, (210) 621-4200, [email protected]; Victoria Vargas, V.P., Investor Relations, (416) 367-5500, [email protected]; Renmark Financial Communications Inc.: Dan Symons, (514) 939-3989, [email protected]

Organization Profile

ROMARCO MINERALS INC.