TORONTO, Feb. 25, 2013 /CNW/ - Atlanta Gold Inc. (TSXV: ATG; OTCQX: ATLDF) announces that the innovative passive water filtration system ("PWFS")
installed on November 1, 2012 (see News Release of November 28, 2012)
by its subsidiary Atlanta Gold Corporation ("AGC"), continues to remove
more than 99% of the arsenic and the iron levels continue to be in
compliance with the U.S. Clean Water Act.
"We are continuing daily monitoring of the Pilot Water Treatment
Facilities, paying particular attention to the water filtration system
and testing variable flows through the two filtration tanks," said
President and CEO, Ernest Simmons.
In addition to daily monitoring, AGC's testing addressed the following:
Influent behind the bulkhead at approximately 5,000 parts per billion
("ppb") Arsenic (As) passing through the X-cut to the portal required
additional iron to maintain the As reduction in the bedded primary
filter to recover over 75%.
Pond influent is pre-treated with Calcium (CaCO3) to increase the pH to approximately 7 and the CaCO3 was taken off-line for two weeks to determine the effectiveness of the
additive during low flows.
Pond influent is also pre-treated with Ferric Sulphate (FeSO4) to provide a bonding ion for the As. Following testing of the water
without Calcium Carbonate (CaCO3) for two weeks, the CaCO3 was put back on-line and then the FeSO4 was taken off-line for the next two weeks and then put back on-line.
The influent water samples to the final filters provided the Company
with substantial scientific information that was required for AGC to
make the decision to modify its Supplemental Plan of Operations (SPOO)
in early 2013.
Ernie Simmons continues: "The Plan for Spring of 2013, prior to maximum
flow and run-off, is to modify the SPOO, have the changes approved by
the responsible agencies, and expand the capacity of the filter system
instead of increasing pond capacity. With the completion of the SPOO
scheduled for December 2014 and control of water discharge flow rates,
I have no doubt that this innovative system is the right choice for
There have been numerous inquiries from communities, mine operators and
well water users expressing interest in AGC's PWFS. The Company, AGC,
and CENTRA Consulting, Inc. have agreed in principle to work together
to market and deliver PWFSs to third parties.
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 kilometres) 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.
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
modification of AGC's SPOO and expansion of the capacity of the filter
system. 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 those concerning the ability to obtain requisite
regulatory approvals and the availability of sufficient financing.
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
Company's and AGC's limited financial resources and their ability to
raise sufficient funds on a timely basis to fund the capital and
operating expenses necessary to carry out its planned initiatives;
operational and technical difficulties which could delay or prevent
completion of its initiatives; 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
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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