TORONTO, Nov. 28, 2012 /CNW/ - Atlanta Gold Inc. (TSXV: ATG); (OTCQX: ATLDF) (the "Company") recently installed a water filtration and treatment
system as an addition to its existing Pilot Water Treatment Facility
("PWTF") at the Atlanta project site, Idaho. This marks the achievement
of a critical environmental milestone that meets the requirements of
the site's existing water permit.
"This innovative passive water filtration system was installed as it was
the system that met all requirements to treat the historic discharge
from the 900 Level Adit. These requirements included that the system
not only be effective but require minimum energy with low operating
costs and capital outlay. We were not previously aware of this type of
application for this system, but expect now to be able to benefit from
the marketing of it by another party," said President & CEO, Wm. Ernest
Simmons.
Initial results from this system indicate the PWTF is now meeting the
existing National Pollutant Discharge Elimination System ("NPDES")
discharge permit requirements for arsenic and iron. Mr. Simmons
commented further, "I'm very pleased with the results thus far.
Arsenic levels have been reduced from a high of approximately 5,000 ppb
to non-detectable. Iron levels have been reduced from a high of 16,300
ppb to non-detectable (<50 ppb). Continued performance at this level
of efficiency will allow Atlanta Gold to demonstrate compliance with
permit requirements and provide the opportunity to move forward with
mine development."
Atlanta Gold and their engineering firm, CENTRA Consulting Inc.,
completed the design, construction and installation of the new system
over the course of 60 days. Operation of the system began on November
1, 2012. CENTRA's Project Engineer, Ryan Eldridge, indicated he also is
very pleased with how the system is performing, "We still have some
fine-tuning to do, but thus far things are going remarkably well."
Table 1
|
Date
|
Bulkhead
Discharge
|
Adit Discharge
(Into Ponds)
|
Ponds
Discharge (into
Tank #1)
|
Tank #1, Cell #1
Effluent Into
Tank #2
|
Tank #2, Cell #3
Effluent
(Discharge to
Montezuma Creek)
|
|
As
(µg/l)
|
Fe
(µg/l)
|
As
(µg/l)
|
Fe
(µg/l)
|
As
(µg/l)
|
Fe
(µg/l)
|
As
(µg/l)
|
Fe
(µg/l)
|
As
(µg/l)
|
Fe
(µg/l)
|
10/01/12 |
2840
|
15300
|
1830
|
11600
|
|
|
|
|
|
|
Oct avg
|
|
|
|
|
136
|
1774
|
|
|
|
|
11/05/12 |
3160
|
16300
|
1870
|
11600
|
173
|
2630
|
|
|
|
|
11/06/12 |
|
|
|
|
|
|
65
|
1550
|
29
|
430
|
11/08/12 |
|
|
|
|
|
|
|
|
10
|
70
|
11/13/12 |
2610
|
15200
|
1840
|
11000
|
|
|
6
|
210
|
<5
|
<50
|
11/15/12 |
|
|
1840
|
12000
|
|
|
|
|
<5
|
<50
|
11/19/12 |
2470
|
15200
|
1760
|
11900
|
198
|
3030
|
46
|
6080
|
<5
|
<50
|
Nov avg
|
2770
|
15500
|
1828
|
11620
|
169
|
2478
|
39
|
2613
|
|
|
The results shown in Table 1 demonstrate that the PWTF is currently
removing approximately 99.9% of arsenic, and approximately 99% of the
iron from the water prior to discharge into Montezuma Creek, which
meets the NPDES discharge requirements for the system. With continued
monitoring and adjustments to the system if required, AGC and CENTRA
believe that the system will meet the compliance requirements for
discharge by the court ordered date of December 15, 2012.
About the Company
Atlanta Gold Inc. holds through its 100% owned subsidiary, Atlanta Gold
Corporation, leases, options or ownership interests in its Atlanta
properties which comprise approximately 2,159 acres (8.74 square
kilometers) located 90 air kilometers east of Boise, in Elmore County,
Idaho. A long history of mining makes Atlanta very suitable for
development of new mining projects. The Company is focused on
advancing its core asset, Atlanta, towards mine development and
production.
Forward-Looking Information
This news release contains forward-looking information and
forward-looking statements (collectively "forward-looking statements")
within the meaning of applicable securities laws. All statements, other
than statements of historical fact, are forward-looking statements. We
use words such as "may", "intend", "will", "should", "anticipate",
"plan", "expect", "believe", "estimate" and similar terminology to
identify forward-looking statements, including with respect to the time
necessary to complete the upgrades to the pilot water treatment
facility and the ability of the system to achieve compliance with the
NPDES Permit. Such are based upon assumptions, estimates, opinions and
analysis made by management in light of its experience, current
conditions and its expectations of future developments as well as other
factors which it believes to be reasonable and relevant. These
assumptions include the availability of requisite equipment and
manpower, and the ability to achieve operating estimates.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results to
differ materially from those expressed or implied in the
forward-looking statements and accordingly, readers should not place
undue reliance on those statements. Risks and uncertainties that may
cause actual results to vary include, but are not limited to, the
Court's discretion to refuse the relief requested and to impose
additional financial and other sanctions against AGC, the Company's and
AGC's limited financial resources and their ability to raise sufficient
funds on a timely basis to carry out the terms of the Court's order
(whether or not such order is amended), achieve its business objectives
and continue as a going concern; operational and technical
difficulties; changes in general economic conditions and in the
financial markets; as well as other risks and uncertainties which are
more fully described in the Company's annual and quarterly Management's
Discussion and Analysis and in other Company filings with securities
and regulatory authorities which are available at www.sedar.com. Should one or more risks and uncertainties materialize or should any
assumptions prove incorrect, then actual results could vary materially
from those expressed or implied in the forward-looking statements and
accordingly, readers should not place undue reliance on those
statements. Readers are cautioned that the foregoing lists of risks,
uncertainties, assumptions and other factors are not exhaustive. The
forward-looking statements contained in this news release are made as
of the date hereof and the Company undertakes no obligation to update
publicly or revise any forward-looking statements contained herein or
in any other documents filed with securities regulatory authorities,
whether as a result of new information, future events or otherwise,
except in accordance with applicable securities laws.
NEITHER THE 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.
Image with caption: "AGC Passive Water Treatment System for Arsenic (CNW Group/Atlanta Gold Inc.)". Image available at: http://photos.newswire.ca/images/download/20121128_C4085_PHOTO_EN_21302.jpg
SOURCE: Atlanta Gold Inc.
<p> <b>Atlanta Gold Inc.</b><br/> Wm. Ernest Simmons<br/> President and CEO<br/> Telephone: (208) 424-3343<br/> Fax: (208) 338-6513<br/> E-mail:<a href="mailto:esimmons@atlantagold.com">esimmons@atlantagold.com</a><br/> </p> <p> <b>Atlanta Gold Inc.</b><br/> Bill Baird<br/> Vice President and CFO<br/> Telephone: (416) 777-0013<br/> Fax: (416) 777-0014<br/> E-mail: <a href="mailto:info@atgoldinc.com">ifo@atgoldinc.com</a><br/> </p> <p> <b>CHF Investor Relations</b><br/> Juliet Heading<br/> Senior Account Manager<br/> Telephone: (416) 868-1079 ext. 239<br/> Fax: (416) 868-6198<br/> E-mail: <a href="mailto:juliet@chfir.com">juliet@chfir.com</a><br/> <br/> </p>