carimmohelp: Romarco receives EIS schedule from US Army Corps

понедельник, 28 мая 2012 г.

Romarco receives EIS schedule from US Army Corps

TORONTO, May 23, 2012 /PRNewswire via COMTEX/ –
ROMARCO MINERALS INC.
(the «Company» has received a schedule from the US Army Corps of
Engineers («Corps» for completing the Environmental Impact Statement
(«EIS» for the Federal 404 Wetlands permit. The schedule is as
follows:

Draft EIS filed – December 14, 2012

Draft EIS comment period begins – December 14, 2012

Draft EIS Public Hearing – January 29, 2013

Draft EIS comment period ends – February 28, 2013

Final EIS made available to public – July 19, 2013

Record of Decision on permit to be made – August 16, 2013

Diane Garrett, President CEO commented: » While the Corps’ schedule
for completing the EIS and issuing its Record of Decision is longer
than we have been targeting, that schedule provides clarity for our
planning. We will continue to advance detailed design and engineering
for the project, adjust equipment orders to align with the Corps’
schedule, and diligently manage our cash as we advance one of the best
undeveloped gold deposits in the world.»

The Federal 404 Wetlands permit is the only Federal permit Romarco
requires for the Haile project. The Corps is the federal agency
regulating 404 permits. Other pending permits include, but are not
limited to, the State 401 Water Quality Certification and the State
Mine Operating permit; the regulating agency for these permits is the
South Carolina Department of Health and Environmental Control
(«DHEC». DHEC has indicated that it will schedule its public hearing
for the State permits following the filing of the Draft EIS by the
Corps.

Conference call

There will be «EIS Conference Call» presentation slides available for
download on the homepage of the Company’s website
www.romarco.com prior to the call.

The Company will hold a conference call on May 23, 2012 at 9:00 am EDT
where senior management will provide an update on the Haile Gold Mine
project status including a discussion of the EIS schedule provided by
the Corps. Senior management will also respond to questions from
analysts and investors.

To join the call:

In Canada and the United States – 1-888-231-8192

International – 647-427-7451

The conference call will be recorded and playback will be available
after the event by dialing toll free in Canada and the United States
1-855-859-2056 or locally 416-849-0833, passcode 84216346# (available
up to June 5, 2012.

About Romarco Minerals Inc.

Romarco Minerals Inc. is a gold development company focused on
production primarily in the US. The Company has completed a positive
Feasibility study and is continuing exploration drilling and permitting
for its flagship project, the Haile Gold Mine in South Carolina.

SOURCE ROMARCO MINERALS INC.

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