TORONTO, Sept. 26, 2012 /CNW/ - Atlanta Gold Inc. (TSXV: ATG) (OTCQX: ATLDF) ("Atlanta Gold" or "the Company") announces that it expects that
significant economic and environmental benefits will be realized from
using a pilot processing method which is currently being used by Knife
River Corporation at the Gold Hill Mine located approximately 48 air km
from the Atlanta Project. As previously announced on July 5th and August 12th, the Company processed a 107-ton bulk sample at the Knife River
processing facility and expects to announce the assay results by the
end of September.
The processing method is described in more detail in a September 15th news article that can be viewed at: http://www.idahostatesman.com/2012/09/15/2272575/gold-mining-with-a-green-twist.html#storylink=misearch
Pit run material is crushed to a predetermined size and the finely
crushed product is fed through a large efficient sluice box that uses
water to float lighter rock to separate the gold, silver and heavy
metals including gold bearing arsenic from the crushed material without
using chemicals and with recycled water, causing no discharge. The gold
particles (free gold) and the sulphide concentrates then require
further processing to become a gold concentrate plus a sulphide
concentrate containing a gold sulphide mix. The free gold will be sent
to a refinery and the sulphide concentrate will be sent to autoclaves
to recover the additional gold and silver tied-up in the sulphides. The
initial crushing and sluicing is inexpensive enough to allow the
Company to process even low-grade material through the recovery plant.
Ernie Simmons, President and CEO of the Company states: "This type of
processing facility will allow the Company to advance the project
reducing capital investment, reducing power consumption and other
operating costs associated with a conventional mill. In addition, this
is an environmentally sound method by using and recycling water,
eliminating water discharge and by collecting and concentrating all
heavy metals. Atlanta Gold has been evaluating and is proposing to use
improved technologies to minimize the surface disturbance and reduce
the projected environmental impact in Atlanta as the Company moves
forward to production. A clean environment is a common goal"
About Atlanta Gold Inc.
Atlanta Gold 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.
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.
SOURCE: Atlanta Gold Inc.
For further information:
Atlanta Gold Inc.:
Wm. Ernest Simmons
President and CEO
Atlanta Gold Inc.
Vice President and CFO
Telephone: (416) 777-0013
Fax: (416) 777-0014
CHF Investor Relations
Senior Account Manager
Telephone: (416) 868-1079 ext 239
Fax: (416) 868-6198