Ms. Diane Garrett reports

ROMARCO PROVIDES REGIONAL PROJECT UPDATE

Romarco Minerals Inc. has provided results from drill programs initiated on two of its five regional properties: Bayberry in South Carolina and Hickory in North Carolina. Initial assay results from the third regional drill program at Ironwood in North Carolina are pending. Approximately 16,000 metres of exploration drilling were allocated to regional targets in the second half of 2011 (approximately 9 per cent of the total 2011 drilling program). Ore-grade mineralization was encountered at both Bayberry and Hickory, and the results are summarized in the attached table.

Bayberry

The Bayberry project is located approximately four kilometres northwest of the company's Haile gold mine project. All 15 holes from the first-phase program have been completed, assayed and summarized in the attached table. Similar to the company's early exploration at Haile, Romarco has encountered mineralization beyond and below the limits of historical drilling, and has drilled through the oxides and found gold mineralization in the sulphides. The Bayberry target is located at the historic Brassington mine, which had small production at the turn of the 20th century. In the 1980s, the project area saw limited drill testing by Amselco Exploration and Westmont Mining. A total of 4,500 metres of drilling were completed historically, predominantly in shallow holes. Much like the 1980s exploration at Haile, prior exploration was predominantly focused on oxide, heap-leach material, and the projects were abandoned when drilling encountered sulphide material. The host lithologies and alteration assemblages encountered at Bayberry are nearly identical to those at Haile. A second-phase drill program is currently under way at Bayberry.

Hickory

The Hickory project is located at the historic Sawyer mine in central North Carolina. The Sawyer mine was discovered in the early 1800s and produced gold until the Civil War. Approximately 5,000 metres of drilling have been completed at the site by prior exploration companies. The historical drilling consists predominantly of shallow holes searching for a shallow oxide resource. The company has received assay results for five holes from its initial 16-hole program, which are summarized in the attached table. A second-phase drill program has been budgeted for Hickory.

Ironwood

The Ironwood target area, historically known as the New Sawyer mine, is located approximately five kilometres northeast of the company's Hickory project. Early exploration occurred on the property during the 1800s and until the 1930s. These workings consisted of trenches, pits and a few shallow shafts (10 metres to 30 metres). Battle Mountain Gold drilled six shallow reverse-circulation holes and two shallow core holes. Six additional shallow RC holes were drilled in 2009 in order to identify a shallow oxide resource (predates NI 43-101). Romarco initiated drilling at Ironwood with a six-hole program. The company intends to announce these results when all assays from the phase-one program have been received.

Sample procedure

Drilling is being performed by Romarco's company-owned drills (four core, one reverse circulation), Connors Drilling (three core), and Boart Longyear (three reverse circulation). Drill samples are prepared by either AHK Geochem at its facility in Spartanburg, S.C., or at the company's wholly owned Kershaw Mineral Laboratories, Kershaw, S.C. All reported mineralization have been confirmed by assays completed in Fairbanks, Alaska, by AHK, an independent laboratory. Blank samples and third party standards are inserted at random for submittal with all of the drill samples. The results of the control samples are within acceptable ranges. Periodic duplicate and check samples are analyzed by ALS Chemex in Reno, Nev. For a full discussion of the company's sampling, analysis, quality assurance, quality control and other technical disclosure, please see the company's National Instrument 43-101 feasibility technical report dated Feb. 10, 2011, on SEDAR. Romarco's qualified person under NI 43-101 is James M. Berry, PG, chief geologist at Haile. Mr. Berry has reviewed and approved this news release.

   TABLE OF REGIONAL PROPERTY DRILL HOLES

Hole        Interval    From      To   Gold
                  (m)     (m)     (m)  (g/t)
Bayberry
RC-2030
Interval         1.5    27.4    28.9    1.2
RC-2033
Interval         3.0    13.7    16.7    0.6
Interval         3.0    94.5    97.5    1.8
Interval         3.0   108.2   111.2    1.0
Interval         3.0   120.4   123.4    0.8
Interval        13.7   164.6   178.3    2.3
Including        4.6   169.1   173.7    5.5
Interval         3.0   189.0   192.0    0.8
RC-2035
Interval         3.0   231.6   234.6    1.1
Interval         6.1   249.9   256.0    1.3
RC-2038
Interval         3.0     0.0     3.0    0.5
Interval         4.6    38.1    42.7    0.5
RC-2040
Interval         7.6     6.1    13.7    0.8
RC-2041
Interval         4.6    15.2    19.8    0.7
RC-2042
Interval        10.7     9.1    19.8    0.6
Interval         3.0    91.4    94.4    2.9
Interval         6.1   178.3   184.4    1.8
RC-2045
Interval         1.5   114.3   115.8    1.4
RC-2048               No significant assays
RC-2053
Interval         1.5     9.1    10.6    1.6
Interval         3.0    19.8    22.8    0.7
RC-2056
Interval         9.1     4.6    13.7    0.7
RC-2061
Interval         1.5    53.3    54.8    2.8
RC-2063
Interval         3.0   245.4   248.4    0.9
Interval        22.9   280.4   303.3    0.7
RC-2068
Interval         3.0   179.8   182.8    0.5
Interval         3.0   269.7   272.7    1.7
RC-2073
Interval         6.1     3.0     9.1    1.4
Hickory
HKDH-11-00
Interval         1.5   147.8   149.3    0.4
HKDH-11-00
Interval         3.4     0.0     3.4    3.3
Interval         3.0     9.5    12.5    0.5
Interval         1.2    14.0    15.2    2.3
Interval         4.6    19.8    24.4    1.9
HKDH-11-00
Interval        10.7     0.0    10.7    4.5
Interval         1.5    16.8    18.3    1.8
Interval         1.5    22.9    24.4    1.0
HKDH-11-00
Interval        12.5     0.0    12.5    1.1
HKDH-11-00
Interval        11.6     0.0    11.6    1.1
Interval         4.6   111.3   115.9    0.8