Thursday, March 3, 2011

Eldora Gold Resources Initial GravSep Environmental Tests Provide Positive Results; Eldora’s First Step Toward Rehabilitating Tailings Ponds

 Eldora Gold Resources Inc. is pleased to announce the results of a recently completed acid base accounting (ABA) analysis. This static environmental analysis was performed by AGAT Laboratories of Mississauga, Ontario on a sample of rougher tailing material from the GravSep™ pilot plant conducted at the Kirkland Lake tailings site.

Eldora is encouraged by the Net Neutralization Potential (NNP) value of 66.2, as values of NNP greater than 20 are not likely to produce acid. The NP/AP value of 3.38 suggests that the material falls in the “not potentially acid rock drainage generating unless extremely reactive sulphides are present with insufficiently reactive neutralizing potential” category. The paste pH value of 8.06 indicates that the material will likely remain sufficiently alkaline. 

Eldora researchers will conduct follow up testing involving the planting of hemlock seedlings in a 6 cm humus layer on GravSep™ rougher tailing while continuing to test the potential for sustained rehabilitation efforts. This will enable a soil base which may support vegetative rehabilitation without resorting to further and ongoing chemical treatment.

The Eldora seedlings test is designed to check if vegetative rehabilitation in the form of the original forest cover can be achieved with no requirement to add carbonate (usually limestone) or supply a humus cover of at least 0.5 metre. The ‘standard treatment’ for the rehabilitation of sulphide tailings ponds involves:

a) Catching and treating the runoff and groundwater for dissolved metals,
b) Monitoring the above for approx 100 years,
c) Adding sufficient carbonate to the tailings sands to neutralize anticipated acid generation, and
d) Covering the contoured sands with at least 0.5 metre of humus or composted organics and establishing a grass cover.

Clearly, if Eldora’s method can be proven in the field, it will represent a major cost savings over current standard practice, and set up conditions for future harvesting of a renewable resource: tailings.
Profitably addressing the critical clean-up challenges that face owners of former mining sites globally, the chemical-free GravSep™ process enables niche deposits to be considered for successful treatment and rehabilitation, while extracting and recovering valuable mineral concentrates which have significant deleterious environmental effects when left in-situ. Eldora Gold provides portable and simple to maintain equipment that can be specifically tailored to each deposit.

Tailings have always been an unwanted byproduct of mining from an environmental standpoint, greatly affecting wildlife and water tables for years to come. GravSep™ drastically reduces the acid forming mineral content of these tailings during the mineral extraction process. The result is cleaner tailings. The profitable sale of the recovered mineral concentrate provides the incentive to use Eldora Gold technology to stop the destruction of the environment

BENEFITS CHEAT’S BANK SCAMA BENEFITS

A BENEFITS cheat who invented 11 ­children to claim £17,000 now faces jail for forging a bank statement to pretend she was paying back the cash.
Lisa Watson, 28, is already awaiting ­sentence for making fraudulent claims to benefit agencies.
She had been given a chance to pay back the money, but last month a sheriff ordered a police investigation into the repayments.
His suspicion came about when Watson’s then solicitor, Diane MacFarlane, withdrew from representing her over doubts about the authenticity of information provided by her client.
The 28-year-old has now pleaded guilty to a new charge of attempting to pervert justice by uttering as genuine to her lawyer a forged bank statement.
It falsely showed payments she claimed to have made between May 9 and August 9, 2010.
She admitted this was done with the intention of misleading the court into accepting she had repaid more than she had.
Watson was 24 when she invented names and birthdays for 11 non-existent children, ranging in age from one to 13, including some said to be born just days apart.
Sheriff David Sutherland has previously warned her that she faced jail if the cash was not repaid and the case has been put off several times to allow Watson to prove she is making repayments. It was on this issue that her latest lawyer withdrew from representing her.
Watson had told HM Revenue and Customs she had 11 children to obtain £16,787. She carried out the fraud while she had only one child and, bizarrely, did not claim benefits for her real offspring.

About Eldora Gold Resources Canada: Tailings Processing Technology

Eldora Gold Resources Canada: Tailings processing is our operations division which provides a chemical free, environmentally friendly solution to the process of extracting minerals from tailings.
Eldora has developed proprietary equipment and techniques that extract mineral concentrate from existing tailings. Our technique also reduces the negative environmental effect of the chemicals remaining in the tailings from the original mining process.
Our low capital cost approach and high mineral recovery percentage provides an extremely profitable option for our clients. Eldora Gold also provides a database of buyers willing to purchase the concentrate.
Tailings Processing Technology
Eldora Gold has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings. Our technology has no up-front cost to the client due to the low capital cost of the equipment.
Eldora Gold will start by verifying the mineral content of the tailings through certified sample testing and, if successful, we will supply the equipment and training necessary to extract the mineral concentrate. We also provide the buyer for the extracted concentrate.
The fee for these services is an agreed upon percentage of the mineral concentrate sale which is typically in the range of one third of the concentrate sale price. The fee to Eldora Gold is only payable after the sale of the concentrate resulting in no risk to the customer.
The technology behind our processing technique is completely chemical free and proprietary. Extensive development and years of experience have resulted in a technique that not only extracts the majority of valuable mineral content of the tailings, it leaves the remaining tailings with a significantly lower content of the acid forming minerals from the original ores.
Tailings have always been an unwanted by-product of mining from an environmental standpoint. These tailings are left in piles and leach environmentally destructive materials into the surrounding soil.
This greatly affects wildlife and water tables for years to come. Our process drastically reduces the acid forming mineral content of these tailings during the mineral extraction process.
The result is cleaner tailings and the extraction of significant amounts of valuable minerals. The sale of the mineral concentrate provides significant profit to the customer and provides the incentive to use our technology to stop the destruction of the environment.
About Eldora Gold Resources Canada: Eldora Gold was founded by a group of experts in the mineral recovery and mining industry, whose focus is to provide accurate information, state of the art equipment and outstanding customer service. There are 3 core founders, each with a unique and extensive background.
About Eldora Gold Resources Canada: The Company’s Technical Manager has more than 30 years experience in manufacturing and process plant operations holding a BSc In Metallurgical Engineering from the University of Toronto as well as significant experience in precious metals refining. He also holds a US patent in Cadmium-free gold solder alloys. He specializes in the tailings processing technology and all engineering aspects of Eldora Gold Resources Canada’s proprietary equipment and techniques.