Romarco Intersects Bonanza-Grade Gold

TORONTO, ON - Romarco Minerals Inc. reported partial assay results from step-out drilling above the main Horseshoe zone at the Haile Gold Mine in South Carolina. The results indicate the discovery of high-grade mineralization in the upper portions of Horseshoe. Assays are pending for the deeper portions of these drill holes and will be reported when they are received.

Drilling highlights include 19.2 meters of 46.5 g/t Au from DDH-378 and 16.8 meters of 25.3 g/t Au from DDH-379. The mineralization encountered in DDH-378 is 183 meters below the ground surface, 45.7 meters west of DDH-368 (29 meters of 3.7 g/t Au, released August 18, 2010) and sits 154.8 meters above RC-1724 (91.4 meters of 7.0 g/t Au released March 1, 2010). DDH-379 intersected the mineralized zone 193 meters below ground surface and 64.0 meters west of DDH-378. DDH-379 is an extension of the Horseshoe zone to the west. Future drilling will target the upward extent of the announced intercepts. Horseshoe mineralization continues to remain open in all directions and at depth.

Diane Garrett, Romarco's President and CEO said, "Horseshoe has been an exciting underground mining prospect since our first discovery hole. The shallower holes coupled with the very high grade may indicate that there are open pit opportunities as well."

The company's address is 181 Bay, St. Suite 3630, Toronto, ON M5J 2T3, 416-367-5500, fax: 416-367-5505.