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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters2/27/2008 9:15:29 AM
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Romarco Intercepts 23 Meter Zone of 5.4 g/t at Haile

Vancouver, BC -- Feb. 27, 2008) - Romarco Minerals, R/TSXV, is pleased to announce assay results from its second PQ size (3.345 inch diameter) core drill hole (DDH-290) at the Haile Gold Mine, in South Carolina. The hole was drilled 70 meters southwest of DDH-289 (46 m of 5.7 g/t Au, see press release dated Feb. 11, 2008) in the southwest portion of the Mill Zone. DDH-290 was drilled on a 60 degree angle, so this extensive intercept represents true thickness.

The hole returned a composite 72 meter (235 feet) sequence grading 2.4 g/t gold. Gold mineralization of over 0.5 g/t was first intersected at 55 meters (180 feet) below surface. Within the gold mineralized interval, 5.4 g/t gold was returned over a 23 meter interval at the top of the sequence which was bounded on top and bottom by intervals assaying 13 g/t and 18.1 g/t gold respectively. It is very significant that all the intervals assayed above the cutoff grade of 1.0 g/t gold. See table below for details.

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Interval From To Gold
Hole (meters) (meters) (meters) (g/t)
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DDH - 290
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Composite zone 72 54.9 126.5 2.42
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Including 23 57.9 80.8 5.38
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with 3 57.9 60.9 13.0
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with 1.5 79.3 80.8 18.1
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Romarco is currently drilling exploration holes outside the Ledbetter resource zone which has a current mineral resource of 1.38 million tonnes grading 3.51 g/t gold. Ledbetter is open in three directions.
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