Romarco appoints Marsden to Board of Directors
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SPARKS, NV, Nov. 2 /PRNewswire-FirstCall/ - ROMARCO MINERALS INC. (TSXV: R)
(the "Company") is pleased to announce 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. During his eighteen year tenure with Freeport-McMoRan (and formerly
Phelps Dodge Corporation) he held a variety of positions including Senior Vice
President of Technology and Development, and Manager of Concentrator
Operations at Candelaria (Chile). In addition, he has held management
positions with Gold Fields Mining Corporation at the Chimney Creek (Nevada)
and East Driefontein (South Africa) gold mines.
Mr. Marsden brings a wealth of knowledge and experience in the areas of plant
design and optimization, process and technology development, engineering and
project implementation. Mr. Marsden authored the book "The Chemistry of Gold
Extraction", has published thirty-two papers, fifteen US Patents, and is a
registered Professional Engineer (Nevada).
Mr. Marsden holds the prestigious AIME Robert H. Richards Award (2005), SME
Milton E. Wadsworth Award (2007), and the SME Arthur F. Tagart Award (2009).
Diane Garrett, President and CEO commented, "The Company is very excited to
have someone of Mr. Marsden's caliber joining its Board of Directors. Mr.
Marsden's knowledge, experience, and innovative work in minerals processing
and technology will be extremely beneficial to the Company as we develop the
Haile Gold Mine. Romarco is fortunate to have two AIME Robert H. Richards
Award winners on their team. Mr. Jim Arnold, Sr. VP and COO of Romarco also
holds this award (2007)."
Mr. Marsden has been granted 400,000 stock options in the capital of the
Company at Friday's closing price of C$1.20. The stock options expire October
30, 2014.
Romarco Minerals Inc. is a gold development company focused on production in
the US and Mexico. The Company's flagship project is the Haile Gold Mine in
South Carolina that is currently undergoing exploration drilling, development
planning, and permitting. The Pinos Gold District in Mexico is a high-grade
epithermal vein district in the advanced exploration stage.
ON BEHALF OF ROMARCO MINERALS INC.
"Diane R. Garrett"
Diane R. Garrett,
President and CEO
"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."
SOURCE Romarco Minerals Inc.
Diane Garrett, President and C.E.O., (210) 621-4200, dgarrett@romarco.com
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