Romarco Commences Drilling at Pinos Gold District, Mexico
January 16, 2007
ROMARCO MINERALS INC. (TSXV: R) is pleased to announce that drilling has commenced at the Pinos Gold Project, in Zacatecas Mexico. Romarco has contracted with R&R Incorporated Servicios de Perforación Insemin S.A. de C.V., a drilling company based in Hermosillo, Sonora, Mexico.
Romarco will be drilling 11 holes (approximately 3,000 meters) to test continuity of the known vein systems at depth and along strike.
All samples from the initial underground sampling program are in the lab and results are pending. Chemex ALS of Vancouver is performing the analysis. Additional sampling programs will continue on the property.
The Phase I sampling and drilling programs are focused on the northern portion of the property known as Catanava - this is the least explored area of the property and represents only 4% of the Company's land package. The Catanava area is a 50/50 joint venture with Minera Apolo.
The Pinos Gold District:
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Comprises more than 3,000 hectares of multi-vein gold systems
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Discovered by the Spaniards in 1546 - Gold dominant district
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Last mining was in 1941 - limited modern day exploration
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Historical production - 5 million ounces of gold @ 60 g/t and 25+ million ounces of silver @500 g/t (as reported by Bethlehem Steel, a previous operator of the project)
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Prior mining was above the water table (approx. 100 m in depth)
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Three known vein systems with continuous strike length of over 5 km
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Numerous additional parallel veins identified through previous drilling but have never been mined
Additional information on the Pinos Gold District, including maps and photos, is available at Romarco's website at www.romarco.com.
Tommy Thompson, VP Exploration, is Romarco's Qualified Person on the project.
Romarco is an advanced stage exploration company engaged in the acquisition, exploration and development of precious metals mineral properties. Romarco's management and Board of Directors are comprised of senior mining executives who have extensive experience identifying, developing, financing and operating precious metals deposits in the Americas. It is Romarco's goal to become a producer through development of its own projects as well as through the acquisition of advanced stage projects. Romarco currently has five exploration projects in Nevada, one in Mexico and one in Peru.
For further information, please contact Diane Garrett, President and C.E.O. at (830) 634-7489 or by e-mail at dgarrett@romarco.com or Mr. Ralf Langner, C.F.O. at (604) 688-9271 or by e-mail at rlangner@romarco.com
ON BEHALF OF ROMARCO MINERALS INC.
Diane R. Garrett
President and C.E.O.
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