Romarco encounters 38.1 meters of 11.8 g/t Au
2010年7月21日 - 10:00PM
PR Newswire (Canada)
TORONTO, July 21 /CNW/ -- TRADING SYMBOL: TSX: R TORONTO, July 21
/CNW Telbec/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is
pleased to announce drilling results from the Ledbetter area. The
encouraging results are from step-out holes that identify
mineralization beyond the currently proposed Ledbetter pit. RC-1771
is a step-out hole from the intercept encountered in RC-1622 (see
the November 23, 2009 press release). RC-1771 intersects the
mineralized zone 38 meters (125 feet) to the southwest of RC-1622
which contained 6.1 meters of 2.6 g/t Au and 21.3 meters of 1.6 g/t
Au. The mineralization in RC-1771 is located 137 meters (450 feet)
southwest of RC-1756 which was announced in the June 9, 2010 press
release (32.0 meters of 2.6 g/t Au). RC-1771 encountered several
mineralized zones which are detailed in the table below. The best
intercepts are 19.8 meters (65 feet) of 2.2 g/t Au (0.064 opt) at
222.5 meters (730 feet) and 54.9 meters (180 feet) of 2.6 g/t Au
(0.077 opt) at 297.2 meters (975 feet) down the hole. Additional
step-out holes are planned in order to determine the western extent
of this mineralization. RC-1784 is a step-out hole to test the area
north of RC-1622. RC-1784 encountered the mineralized zone 18
meters (60 feet) north of RC-1622 and 102 meters (337 feet) west of
RC-1756. RC-1784 intersects four intervals of gold mineralization
with the best being 38.1 meters (125 feet) of 11.8 g/t Au (0.344
opt) at 260.6 meters (855 feet) down the hole. Assays are pending
for step-out holes to the north and east of this zone.
-------------------------------------------------------------------------
Hole Interval From To Gold (meters) (meters) (meters) (g/t)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
RC-1771
-------------------------------------------------------------------------
Ledbetter
-------------------------------------------------------------------------
Interval 6.1 120.4 126.5 0.8
-------------------------------------------------------------------------
Interval 19.8 222.5 242.3 2.2
-------------------------------------------------------------------------
Interval 9.1 249.9 259.0 0.6
-------------------------------------------------------------------------
Interval 4.6 269.7 274.3 0.6
-------------------------------------------------------------------------
Interval 4.6 281.9 286.5 0.6
-------------------------------------------------------------------------
Interval 54.9 297.2 352.0 2.6
-------------------------------------------------------------------------
RC-1784
-------------------------------------------------------------------------
Ledbetter
-------------------------------------------------------------------------
Interval 6.1 237.7 243.8 2.4
-------------------------------------------------------------------------
Interval 38.1 260.6 298.7 11.8
-------------------------------------------------------------------------
Interval 53.3 307.8 361.2 1.5
-------------------------------------------------------------------------
RC-1784
-------------------------------------------------------------------------
Interval 6.1 367.3 373.4 1.9
-------------------------------------------------------------------------
The cross sections are attached:
http://romarco.com/projects/haile/drill_results/index.php?&content_id=303
The Haile mineralized zone remains open in all directions and at
depth. Drilling continues in the Ledbetter, Snake, South and
Horseshoe areas. Drilling is being performed by Romarco's company
owned drill, Boart Longyear, and Connors Drilling. The drill
samples are being assayed by Alaska Assay Labs in Fairbanks, AK.
Blank samples as well as third party standards are inserted at
random and submitted with all of the drill samples. The results of
the control samples are within acceptable ranges. For a full
discussion of the Company's sampling, analysis, quality assurance
quality control, and other technical disclosure please see the
Company's NI 43-101 Technical Report dated December 3, 2009 and
revised April 1, 2010 on SEDAR. Romarco's Qualified Person under NI
43-101 is Peter J. Butterfield senior 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 in the process of a
feasibility study and continued exploration drilling. The Pinos
Gold District in Mexico is a high grade epithermal vein district in
the advanced exploration stage. Please note: This entire press
release may be accessed via fax, e-mail, Romarco's website at
www.romarco.com and through CNW Group's website at www.newswire.ca.
All material information on Romarco Minerals Inc. can be found at
www.sedar.com "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" Romarco Minerals Inc.: Diane Garrett,
President and CEO, Phone: 210-621-4200, E-mail:
dgarrett@romarco.com; Dan Symons, Manager, Investor Relations,
Phone: 416-367-5500, Email: dsymons@romarco.com; Renmark Financial
Communications Inc.: Maurice Dagenais,
mdagenais@renmarkfinancial.com; Barry Mire,
bmire@renmarkfinancial.com; Media: Lynn Butler,
lbutler@renmarkfinancial.com, Tel.: (514) 939-3989, (416) 644-2020;
www.renmarkfinancial.com
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