ROMARCO INTERSECTS BONANZA-GRADE GOLD IN UPPER PORTIONS OF HORSESHOE
2010年9月21日 - 5:15AM
PR Newswire (Canada)
TORONTO, Sept. 20 /CNW/ -- TORONTO, Sept. 20 /CNW Telbec/ - ROMARCO
MINERALS INC. (TSX-V: R) (the "Company") is pleased to announce
partial assay results from step-out drilling above the main
Horseshoe zone at the Haile Gold Mine in South Carolina. The
results indicate the discovery of high-grade mineralization in the
upper portions of Horseshoe. The upper portions of DDH-378 and
DDH-379 were prioritized for assay and are reported below. Assays
are pending for the deeper portions of these drill holes and will
be reported when they are received. Drilling highlights include
19.2 meters of 46.5 g/t Au from DDH-378 and 16.8 meters of 25.3 g/t
Au from DDH-379. The mineralization encountered in DDH-378 is 183
meters below the ground surface, 45.7 meters west of DDH-368 (29
meters of 3.7 g/t Au, released August 18, 2010) and sits 154.8
meters above RC-1724 (91.4 meters of 7.0 g/t Au released March 1,
2010). DDH-379 intersected the mineralized zone 193 meters below
ground surface and 64.0 meters west of DDH-378. DDH-379 is an
extension of the Horseshoe zone to the west. Future drilling will
target the upward extent of the announced intercepts. Horseshoe
mineralization continues to remain open in all directions and at
depth. Diane Garrett, Romarco's President and CEO said, "Horseshoe
has been an exciting underground mining prospect since our first
discovery hole. The shallower holes coupled with the very high
grade may indicate that there are open pit opportunities as well."
Selected drilling results from the Horseshoe zone are summarized in
the table below:
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Hole Interval From To Gold (meters) (meters) (meters) (g/t)
-------------------------------------------------------------------------
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DDH-378
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Horseshoe
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Interval 19.2 204.8 224.0 46.5
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Including 0.6 212.8 213.4 895.1
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Interval 5.0 243.8 248.8 7.3
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DDH-379
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Horseshoe
-------------------------------------------------------------------------
Interval 16.8 199.0 215.8 25.3
-------------------------------------------------------------------------
Including 6.7 200.0 206.7 38.2
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Including 3.0 211.9 214.9 47.6
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A plan map diagram is available at:
http://romarco.com/_resources/Horseshoe_Plan_View_Layout.pdf
Drilling is being performed by Romarco's company owned drill, by
Connors Drilling, and by Boart Longyear. The drill samples are
prepared and assayed by Alaska Assay Laboratories. Samples are
prepared at their facility in Spartanburg, SC and assaying is
completed in Fairbanks, AK. Blank samples and third party standards
are inserted at random for submittal with all of the drill samples.
The results of the control samples are within acceptable ranges.
Periodic duplicate and check samples are analyzed by ALS Chemex in
Reno, NV. 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
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"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, 514-939-3989 or via email at
mdagenais@renmarkfinancial.com
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