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RTRAF Romarco Minerals Inc featured news, full reports, and detailed charts

Romarco Minerals Inc (RTRAF/RTRAF.PK) Wrap Up:

Romarco Minerals Inc., an exploration and development stage company, engages in the acquisition, exploration, and development of precious metals mineral properties in the United States and Mexico. The company focuses on gold and silver projects. It owns the Haile Gold Mine in South Carolina, as well as controls the Pinos Gold District in Mexico. The company was founded in 1983 and is based in Vancouver, British Columbia.
www.romarco.com
Founded in 1983

Romarco Minerals Inc (RTRAF:OTC)

Market Cap
484.8M
Total Revenue
--
EBITDA
4.5M
DILUTED EPS TTM
-0.02
P/E
--
P/S
--
Return On Asset
-13.33
Return On Equity
-23.73
K = Thousands  M = Millions  B = Billions

RTRAF Top Compensated Officers

Ms. Diane R. Garrett M.A., Ph.D., Mineral Economics, Eng.
Chief Executive Officer, President and Direct...
Total Annual Compensation: C$213.2K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Romarco Minerals Inc (RTRAF)

Romarco Minerals Inc. Appoints John Marsden to Board of Directors

Romarco Minerals Inc. announced it has appointed Mr. John Marsden to the Board of Directors of Romarco. Mr. Marsden has twenty-seven years of broad international experience managing major, innovative, copper, gold, molybdenum and cobalt operations and projects worldwide. Mr. Marsden is president of Metallurgium, a company offering consulting services to the mining industry, established early in 2009. Prior to that Mr. Marsden held the position of President, Freeport-McMoRan Mining Company.

3Romarco Minerals Inc. Announces Assay Results from 2009 Exploration Program at its Haile Gold Mine, in South Carolina

3Romarco Minerals Inc. announced assay results from the 2009 exploration program at the Haile Gold Mine, in South Carolina. The 2009 drilling program continues to expand the mineralized zones between and beyond the three proposed pits at Haile. Year to date, approximately 51,000 meters of drilling have been completed in 173 holes. A significant focus of the 2009 drilling program is to identify gold mineralization between the proposed pits in order to bring them into one large pit and reduce the overall strip ratio. Drilling between previously known gold occurrences continues to provide evidence that the mineralization at Haile is a single system. Step-out drilling also continues to identify mineralization and the deposit continues to remain open in all directions and at depth. The company also announces that it has added a fifth rig to the exploration program at Haile. The newly contracted rig is a core drill rig which will be used for exploration and geotechnical drilling. Oriented core samples will be obtained from the core holes in order to guide exploration efforts and to optimize pit slope angles used for mine design work. Connors Drilling LLC, will be performing the core drilling. The drill holes RC-1598, RC-1603, RC-1608, RC-1609, RC-1623, and RC-1624 were drilled in areas identified as favorable for mineralization between the currently proposed pits. RC-1615 and RC-1618 were drilled as step-out holes both north and east of known mineralized zones. Additional drilling has been completed within these areas and the assays are pending. The current drilling is being performed by Boart Longyear and by Romarco's company owned drill. The drill samples are being assayed by Alaska Assay Labs in Fairbanks, AK. Blank samples as well as third party standards were submitted with all of the drill holes. The results of the control samples were within acceptable ranges.

Romarco Minerals Inc. Announces Assay Results at the Haile Gold Mine, in South Carolina

Romarco Minerals Inc. announced assay results from the 2009 exploration program at the Haile Gold Mine, in South Carolina. The drilling within the Snake area includes RC-1532, RC-1539, RC-1541, RC-1554, RC-1556, RC-1557, RC-1558, and RC-1561 as well as the previously released RC-1547. Step-out drilling continues in this area and several holes have assays pending. The assay results demonstrate that the extents of the mineralization at Snake are not bounded. The upper zone of RC-1557 adds ounces within the designed pit, thereby decreasing the stripping ratio. The gold grades encountered in the step-out drilling reflected the intercepts that they extend.

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Industry Analysis

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Price/Book 12.3x
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RTRAF

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RTRAF transactions

Type
Date
Target
Merger/Acquisition
September 28, 2009
662 Acres of Land adjacent to Haile Gold Mine
Merger/Acquisition
June 29, 2009
Property near Mineralized Trend at Haile Gold Mine Property

More Recent News About Romarco Minerals Inc

More news for RTRAF

Romarco Encounters 60.6 Meters of 6.9 G/T Au at Haile

SPARKS, NV--(MARKET WIRE)--Jan 28, 2009 -- Romarco Minerals Inc. (CDNX:R.V - News) (Other OTC:RTRAF.PK - News) (the "Company") is pleased to announce assay results from drill hole DDH-334 at the Haile Mine in South Carolina. This hole was an in-fill hole designed to confirm the continuity of the mineralization within the recently drilled northern trend. The northern trend remains open to the north and northeast and additional drilling will be undertaken to determine the ultimate extent.DDH-334 encountered 60.6 meters (198.8 feet) of 6.9 g/t (0.201 opt) Au. This interval contained a higher grade core of 18.3 meters (60 feet) of 16.4 g/t (0.478 opt) Au. DDH-334 intersected the target horizon 36.6 meters (120 feet) south of DDH-333 and 55.5 meters (182 feet) north of DDH-286. The mineralization encountered within DDH-334 is located 12.2 meters (40 feet) east of DDH-264 and 26.2 meters (86 feet) west of DDH-302. DDH-334 was drilled to the south at a moderate angle in order to minimize hole deflection and to have the hole transect the mineralization at a normal angle. The mineralization is hosted within silicified quartz-sericite-pyrite phyllites. See the table below for details.  -***- Hole Interval(meters) From(meters) To(meters) Gold(g/t) DDH - 334 Interval 60.6 87.6 ...
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