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

Eldora Gold Resources Initial GravSep ™ Environmental Tests Provide Positive Results; Eldora’s First Step toward Rehabilitating Tailings Ponds (Toronto) – Eldora Gold Resources Inc. is pleased to announce the results of a recently completed acid base... More

Eldora Gold Resources Initial GravSep ™ Environmental Tests Provide Positive
Results; Eldora’s First Step toward Rehabilitating Tailings Ponds
(Toronto) – 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 Less