The U.S. Army Corps of Engineers provided Romarco Minerals with a schedule for completing the Environmental Impact Statement (EIS) for a Federal 404 Wetlands permit. A comment period begins after the Draft EIS is filed on December 14, 2012. A public hearing will be held January 29, 2013. Then the Draft EIS comment period ends on February 28, 2013. The Final EIS will be made available to public on July 19, 2013. A Record of Decision on permit will be made on August 16, 2013.

“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,” said Diane Garrett, president and CEO, Romarco Minerals. “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.”