Romarco Minerals drills 60.6 m of 6.9 g/t Au at Haile
posted on
Jan 28, 2009 03:47AM
Emerging Gold producer - South Carolina, Nevada & Mexico
Romarco Minerals drills 60.6 m of 6.9 g/t Au at Haile
2009-01-28 08:40 ET - News Release
Ms. Diane Garrett reports
ROMARCO ENCOUNTERS 60.6 METERS OF 6.9 G/T AU AT HAILE
Romarco Minerals Inc. has released assay results from drill hole DDH-334 at the Haile mine in South Carolina. This hole was an infill hole designed to confirm the continuity of the mineralization within the recently drilled northern trend. The northern trend remains open to the north and northeast, and additional drilling will be undertaken to determine the ultimate extent.
DDH-334 encountered 60.6 metres (198.8 feet) of 6.9 grams per tonne (0.201 ounce per ton) gold. This interval contained a higher-grade core of 18.3 metres (60 feet) of 16.4 grams per tonne (0.478 ounce per ton) gold. DDH-334 intersected the target horizon 36.6 metres (120 feet) south of DDH-333 and 55.5 metres (182 feet) north of DDH-286. The mineralization encountered within DDH-334 is located 12.2 metres (40 feet) east of DDH-264 and 26.2 metres (86 feet) west of DDH-302. DDH-334 was drilled to the south at a moderate angle in order to minimize hole deflection and to have the hole transect the mineralization at a normal angle. The mineralization is hosted within silicified quartz-sericite-pyrite phyllites. See the table for details.
Interval From To Gold Hole (metres) (metres) (metres) (g/t) DDH-334 Interval 60.6 87.6 148.2 6.9 including 18.3 117.3 135.6 16.4
Drilling of DDH-334 was performed by the eastern U.S. division of Boart Longyear. The core samples were halved and assayed by Inspectorate Labs in Sparks, Nev. Control samples consisting of blanks and third party standards were inserted within the sample stream and monitored for quality assurance-quality control. The results of the control samples were all within acceptable ranges. Romarco's qualified person is Tom Kilbey, senior geologist with the company.
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