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Article: Romarco announces major resource increase at Haile.
- Article from:
- Journal of Engineering
- Article date:
- November 11, 2009
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ROMARCO MINERALS INC. (TSXV: R)(the "Company") is pleased to announce an interim updated resource estimate for its wholly-ownedHaile Gold Mine in South Carolina, USA. The measured and indicated resource comprises 2.2 million ounces of gold with an additional 1.97 million inferred gold ounces above a 0.343 g/t (0.01 oz/t) cutoff grade. The measured resource increased by 85% and the overall resource increased by 27% from the prior resource estimate (see press release dated March 26, 2009). See table below for details.
The updated resource estimate includes 23,400 meters of new drilling in 77 core and reverse circulation holes drilled between February 2 and ...