Romarco Minerals Inc.
| Change | +0.01 | +0.56% |
| Volume | 602,000 | |
| 52 week | Low | Hi |
| $1.00 | $2.20 | |
| Financial Information | |
| Shares Outstanding: | 469,208,375 |
| Fully Diluted Shares: | 516,768,276 |
| Est. Market Float: | - |
| Market Cap.: | $849,267,159 |
| EPS last 3 months: | $(0.00) |
| EPS Trailing 12 months: | - |
| Long-Term Debt: | $0 |
| Financial Year-End: | Dec 31 |
15-20 mimutes delay
Renmark Financial Disclaimer
This document is published for general information only and it should not be interpreted as an investment recommendation nor an offer or a solicitation to buy or sell securities issued by the said company. Renmark does not and will not accept any responsibility or liability for investment decisions made on the basis of the information herein contained.
Romarco Minerals Inc. (“Romarco”) is an exploration and development stage gold company hosting projects in the United States and Mexico.
The Company’s flagship development project is the 100%-owned Haile Gold Mine, located in Lancaster County, South Carolina, at approximately 5 miles northeast of the town of Kershaw, in an area already equipped with extensive existing infrastructure.
A feasibility study is currently underway and Romarco is committed to rapidly advancing the property towards the construction, development and production stage.
Current proven and probable reserves for the Haile Gold Mine property are 1.3 million ounces (at 2.7 g/t gold). Total gold resources (including reserves) stand at 2.16 million ounces of measured and indicated resources and an additional 1.97 million ounces of inferred resources. Ongoing exploration drilling is expected to add significantly to the resource and reserves.
The 2010 exploration drilling program consists of approximately 130,000 meters, which represents a 78% increase over the 2009 drilling program. This significant drilling program substantiates what Romarco’s team continues to see as additional upside potential at the Haile Gold Mine. The mineralized footprint at Haile remains open in all directions and at depth.
Haile is part of a much larger gold district and the Company is just beginning to assess the regional potential. With a world class ore deposit in a mining friendly state, a solid cash position, no debt, and a strong experienced management team, Romarco is well positioned to continue creating exceptional value for its shareholders.
Diane Garrett, M.A., Ph.D. - Minerals Economics, Eng., President & Chief Executive Officer
James R. Arnold, P.E. - Senior Vice-President & Chief Operating Officer
Fraser Sinclair - Senior Vice-President & Chief Financial Officer
Johnny Papas - Director of Environmental Affairs
Dan Symons - Manager, Investor Relations
Jim Wickens - Haile Mill Manager
Brent Anderson - Mining Engineer, Haile Mine Manager
Arthur "Ott" Jackson - Haile Health & Safety Manager
David C. Beling, P.E., B.Sc. Mining Engineering - Director
Diane Garrett, M.A., Ph.D., Mineral Economics, Eng. - Director
Leendert Krol, M.Sc. Geology - Director
R.J. (Don) MacDonald, M.A. Engineering, C.A. - Director
Patrick Michaels - Director
Robert van Doorn, M.Sc. Mining Engineering, MBA - Director
Edward van Ginkel - Director
James R. Arnold, P.E. - Director
John Marsden - Director
Headquarters:
Brookfield Place181 Bay Street
Suite 3630
Toronto, Ontario
M5J 2T3 Canada
Montréal
Toronto
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