Romarco conference call
posted on
Jun 26, 2013 07:58PM
Emerging Gold producer - South Carolina, Nevada & Mexico
FOR IMMEDIATE RELEASE June 26, 2013
ROMARCO RECEIVES EIS SCHEDULE FROM US ARMY CORPS AND
WILL HOST CONFERENCE CALL
*All dollar amounts are expressed in US dollars unless otherwise stated.
ROMARCO MINERALS INC. (TSX: R) (the “Company”) has been advised that the US Army Corps of
Engineers (“Corps”) will post a schedule for completing the Environmental Impact Statement (“EIS”) for
the Federal 404 Wetlands permit for the Haile Gold Mine project in Kershaw, SC. The schedule includes
remaining key milestones for the EIS process including publication the Draft EIS and Final EIS.
In addition, the Corps indicated that the draft Alternatives Analysis, which is described as “the heart of the
EIS”1
under the National Environmental Policy Act, is in the final review stage and will be made available
to the public in August 2013 – well in advance of the Draft EIS. Following the filing of the Alternatives
Analysis, a public meeting will be held in Kershaw, SC on August 20, 2013 where the public will have the
opportunity to discuss the Alternatives Analysis with the Corps.
Below is the Corps’ schedule and corresponding milestones to complete the remainder of the EIS:
Month of Completion Milestone
August 2013 Alternatives Analysis publication
August 20, 2013 Public meeting
March 2014 Draft EIS publication
April 2014 Draft EIS public hearing
July 2014 Final EIS publication
Diane Garrett, President & CEO commented: “We are extremely pleased with the Corps’ schedule, and
are especially pleased that it reflects that the Alternative Analysis, which is essentially the heart of the
EIS, will be made public this August – well in advance of the Draft EIS. The Corps’ schedule provides
clarity for our planning and will allow all stakeholders to closely follow the remainder of the EIS process
step-by-step and monitor the progress being made on the permitting front. We are solely focusing on
permitting and diligently managing our cash to ensure we are funded through to final permits. We are
fortunate to have a high-quality, high-grade, low-cost gold deposit in the U.S. with robust economics.”
The Federal 404 Wetlands permit is the only Federal permit Romarco requires for the Haile project. The
Corps is the federal agency regulating 404 permits.
1
40#C.F.R.#§#1502.14