ROMARCO MINERALS INC.
997 Greg Street
Tel: (775) 355-1900
Sparks, Nevada
Fax: (775) 355-1907
USA 89431
info@romarco.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
March 4, 2008
ROMARCO TERMINATES RED CANYON OPTION
ROMARCO MINERALS INC. (TSXV: R) (the Company) announces that it has terminated its Option Agreement with Miranda Gold Corp. on the Red Canyon Gold Project in Nevada.
Romarco has satisfied its work commitment on the property and concluded that it does not meet the companys critieria. The original agreement called for a work expenditure of US$400,000 to be spent on the property in the first year. The parties amended that agreement on July 20, 2007 and replaced the $400,000 expenditure with a work commitment of 6,000 feet of exploration drilling. The total drilling expenditure for that program amounted to US$277,000.
Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Companys flagship project is the Haile Gold Mine in South Carolina which is currently undergoing exploration drilling, bankable feasibility study and permitting. The Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage. The Company also has three gold exploration projects in Nevada.
For further information, please contact Diane Garrett, President and C.E.O. at (830) 624-6249 or by e-mail at dgarrett@romarco.com or Shirene Urton, Executive Assistant at (775) 355- 1900 or by e-mail at surton@romarco.com.
ON BEHALF OF ROMARCO MINERALS INC.
Diane R. Garrett
Diane R. Garrett,
President and C.E.O.
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