Eldora Gold Resources Expects New Tailings Test Results from Kenora in May

March 18, 2011 By eldora

(Winona) – Eldora Gold Resources Ltd. has begun first stage testing of tailings material from a small-scale Kenora Mining District property owned by a private company.   The tailings are contained in two disposal sites from milling operations that ceased in the early 1900′s.  To start, 10 kg of sample will be tested through Eldora’s laboratory-scale GravSep™ system for gold recovery and for suitability for remediation.  Results from this initial testing are expecting to be received by early May 2011. `

Eldora showcased its physical separation process, called GravSep™, at the PDAC conference in Toronto last week.  The GravSep™ enables the company to extract valuable mineral content from tailings, and eventually returning those cleaned tailings back to the environment.  Eldora Gold’s Tailings Processing division will begin to establish a new mill on its first prioritized tailings disposal site in Kirkland Lake, Canada, having already conducted on-site sample testing and results evaluation. 

Historically, tailings have always been an unwanted byproduct of mining from an environmental standpoint, greatly affecting wildlife and water tables negatively.  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 mine owners incentive to use Eldora Gold technology to stop the continued destruction of the environment.  

Profitably addressing the critical clean-up challenges facing current owners of former mining sites, the chemical-free GravSep™ process enables niche deposits anywhere in the world to be considered for successful treatment and rehabilitation, while extracting and recovering mineral concentrates that 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.  Once extracted, these concentrates will contain the majority of minerals with recoverable metallic values presently residing in the tailings, which coincidentally are the minerals responsible for the adverse environmental consequences of the original tailings’ disposal.

Eldora Gold Resources Ltd. is a Canadian company, dedicated to evaluating and prioritizing tailings ponds, as well as the chemical-free recovery and sale of extracted minerals in the form of a valuable concentrate; Eldora Gold is listing its common shares on the Frankfurt Stock Exchange (symbol ER5), Open Market.

Eldora Gold Resources Now Trading on Frankfurt Stock Exchange

March 17, 2011 By eldora

(Winona) – Eldora Gold Resources Ltd., a mineral recovery company, is proud to announce its stock is now trading as of March 14 on the First Quotation Board (Open Market) of the Frankfurt Stock Exchange.  “The response has been phenomenal,” says Eldora Gold president Sonny Wilcox.  The company symbol ER5 was assigned last month by Deutsche Börse.  

Eldora successfully showcased its physical separation process, called GravSep™, at the PDAC conference in Toronto last week.  The GravSep™ enables the company to extract valuable mineral content from tailings, and eventually returning those cleaned tailings back to the environment.  Eldora Gold’s Tailings Processing division will begin to establish a new mill on its first prioritized tailings disposal site in Kirkland Lake, Canada, having already conducted on-site sample testing and results evaluation. 

Historically, tailings have always been an unwanted byproduct of mining from an environmental standpoint, greatly affecting wildlife and water tables negatively.  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 mine owners incentive to use Eldora Gold technology to stop the continued destruction of the environment.  

Profitably addressing the critical clean-up challenges facing current owners of former mining sites, the chemical-free GravSep™ process enables niche deposits anywhere in the world to be considered for successful treatment and rehabilitation, while extracting and recovering mineral concentrates that 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.  Once extracted, these concentrates will contain the majority of minerals with recoverable metallic values presently residing in the tailings, which coincidentally are the minerals responsible for the adverse environmental consequences of the original tailings’ disposal.

Eldora Gold Resources Ltd. is a Canadian company, dedicated to evaluating and prioritizing tailings ponds, as well as the chemical-free recovery and sale of extracted minerals in the form of a valuable concentrate; Eldora Gold is listing its common shares on the Frankfurt Stock Exchange (symbol ER5), Open Market.

Eldora Gold Resources Set to Trade on Frankfurt Stock Exchange

March 4, 2011

(Winona) – Eldora Gold Resources Ltd., a mineral recovery company, is proud to announce that its listing and trading is expected to begin the week of March 14 on the First Quotation Board (Open Market) of the Frankfurt Stock Exchange.  The company symbol ER5 was assigned last month by Deutsche Börse.  

Eldora is currently showcasing its physical separation process, called GravSep™, at the PDAC conference in Toronto.  The GravSep™ enables the company to extract valuable mineral content from tailings, and eventually returning those cleaned tailings back to the environment.  Eldora Gold’s Tailings Processing division will begin to establish a new mill on its first prioritized tailings disposal site in Kirkland Lake, Canada, having already conducted on-site sample testing and results evaluation. 

Historically, tailings have always been an unwanted byproduct of mining from an environmental standpoint, greatly affecting wildlife and water tables negatively.  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 mine owners incentive to use Eldora Gold technology to stop the continued destruction of the environment.  

Profitably addressing the critical clean-up challenges facing current owners of former mining sites, the chemical-free GravSep™ process enables niche deposits anywhere in the world to be considered for successful treatment and rehabilitation, while extracting and recovering mineral concentrates that 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.  Once extracted, these concentrates will contain the majority of minerals with recoverable metallic values presently residing in the tailings, which coincidentally are the minerals responsible for the adverse environmental consequences of the original tailings’ disposal.

Eldora Gold Resources Ltd. is a Canadian company, dedicated to evaluating and prioritizing tailings ponds, as well as the chemical-free recovery and sale of extracted minerals in the form of a valuable concentrate; Eldora Gold is listing its common shares on the Frankfurt Stock Exchange (symbol ER5), Open Market.

Eldora Gold Resources Announces Ticker Symbol; Set to Trade on Frankfurt Stock Exchange

February 11, 2011 (Winona) – Eldora Gold Resources Ltd., a mineral recovery company, announced today its trading symbol ER5 has been assigned by Deutsche Börse.  The company expects to start trading on the First Quotation Board (Open Market) of the Frankfurt Stock Exchange on Monday, March 7.

In making this exciting announcement, Eldora Gold’s Tailings Processing division will begin to establish a new mill on its first prioritized tailings disposal site in Kirkland Lake, Canada, having already conducted on-site sample testing and results evaluation.  This proprietary milling operation will involve establishing a physical separation process, called GravSep™, in order to extract valuable mineral content from tailings, and eventually returning those cleaned tailings back to the environment.

Historically, tailings have always been an unwanted byproduct of mining from an environmental standpoint, greatly affecting wildlife and water tables negatively.  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 mine owners incentive to use Eldora Gold technology to stop the continued destruction of the environment.  

Profitably addressing the critical clean-up challenges facing current owners of former mining sites, the chemical-free GravSep™ process enables niche deposits anywhere in the world to be considered for successful treatment and rehabilitation, while extracting and recovering mineral concentrates that 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.  Once extracted, these concentrates will contain the majority of minerals with recoverable metallic values presently residing in the tailings, which coincidentally are the minerals responsible for the adverse environmental consequences of the original tailings’ disposal.

Eldora Gold Resources Ltd. is a Canadian company, dedicated to evaluating and prioritizing tailings ponds, as well as the chemical-free recovery and sale of extracted minerals in the form of a valuable concentrate; Eldora Gold is listing its common shares on the Frankfurt Stock Exchange (symbol ER5), Open Market.

About

Eldora Gold Resources Canada 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. Eldora Gold has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings.

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 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.

Eldora Gold Resources Canada Developed New Proprietary Separation Technique

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 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. Eldora Gold has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings.

Eldora Gold Resources: GravSep™ Launched by Eldora Gold Resources

Toronto, Canada – Eldora Gold has developed and is offering a proprietary separation technique for extracting mineral content from mining tailings.

Eldora Gold Resources announced the completion of its first pilot plant - GravSep™.  Eldora Gold Resources’ GravSep™ helps on physical separation processes to extract a concentrate from the first selected mill tailings site in Kirkland Lake, Canada. 

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 we will supply the equipment and training necessary to extract the mineral concentrate.

The process includes the preparation of a recirculating water pond. After pulping the excavated feed and pumping the pulp through the physical separation process, Eldora Gold Resources anticipates ultimately discharging a tailing material in a form suitable for environmental rehabilitation of the site.

Based on initial testing, that the auspicious debut (1/2 tonne per hour) of GravSep™ will result in not only the recovery of valued minerals, but also the rehabilitation of former tailings sites.  Given the assembly of its portable equipment, Eldora intends to provide a dual benefit from the operation of GravSep™ units: by marketing the resultant concentrate into suitable channels and also providing a low-energy green solution to mining communities.

The GravSep™ is designed to be scalable, and is suited for small deposits less than 300,000 tonnes that cannot support permanent high capital cost equipment installations.  The anticipated advantages for Eldora’s proprietary environmentally-friendly physical separation processing, which can be tailored to each specific deposit, now include potential  for successful treatment and rehabilitation for many smaller size deposits using simple to maintain and operate equipment, as well as chemical-free processing. Pumping is the single major energy input, and it extracts and recovers valuable mineral concentrates which also have significant deleterious environmental effects when left in-situ.

From an environmental standpoint, tailings have always been an unwanted by-product of mining.  These tailings are left in piles and potentially leach environmentally-destructive materials into the surrounding soil and groundwater.  Processing tailings thus also reduces the negative environmental impact of remaining minerals from the original mining process.

About Eldora Gold Resources

Eldora Gold Resources Canada Inc. is seeking to extract gold from tailings ponds located on inactive metal mine properties.  Based on the company’s expertise and experience in the mining industry, Eldora Gold provides for its clients strategic property evaluations, sample testing of existing tailings, and an environmentally-friendly solution to deliver new gold: GravSep™.

Eldora Gold Resources Set to Showcase GravSep™ at Upcoming PDAC Conference in Canada

(Toronto) – Held annually in Toronto, the Prospectors & Developers Association of Canada (PDAC) produces the world’s leading convention and trade show for the mineral exploration industry.  Eldora Gold is pleased to announce it will be participating in the Prospectors Tent at PDAC 2011, excited to showcase both GravSep™ and early results from the Kirkland Lake project.  The PDAC Trade Show attracts 22,000 delegates from 118 countries, and features 400 exhibitors showcasing the latest technologies, products, services and mining jurisdictions to the global mining industry.

The sold out Trade Show, appeals to critical decision-makers within companies, organizations and governments, and provides Eldora Gold an excellent forum to renew international acquaintances and introduce GravSep™ to possible strategic partners.  Also joining these decision makers are consultants, exploration managers and development professionals, geoscientists, prospectors, mining service sector representatives and mining media from around the globe.

To promote the company, target potential clients and foster new business opportunities, Eldora Gold will operate Booth 3207, March 6-9 2011.  Eldora Gold has developed and is offering a physical separation process, called GravSep™, for extracting mineral content from tailings.  

Upon conducting sample testing and evaluating those results, Eldora Gold’s Tailings Processing division intends to set up a milling operation on its first prioritized tailings disposal site in Kirkland Lake.  Extracted concentrates will contain the majority of the minerals with recoverable metallic values residing in the tailings, which coincidentally are the minerals responsible for the adverse environmental consequences of the original tailings’ disposal.

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.

Eldora Gold Resources Launches GravSep™; Process Set to Rehabilitate Tailings Sites

(Toronto) – Eldora Gold proudly announces it has completed the assembly of its premiere pilot plant, dubbed GravSep™, to assist with the extensive process testing phase.  With GravSep™ on site, Eldora will use a combination of physical separation processes to extract a concentrate from the first selected mill tailings site in Kirkland Lake, Canada.  This concentrate will contain the majority of the recoverable metallic values in these former tailings, as well as the majority of the minerals responsible for the adverse environmental consequences of the original tailings disposal.

The proprietary process includes the preparation of a recirculating water pond, whereby final tailing separation from pulping water will provide recirculating water for pulping fresh feed, thus no continuous use of fresh water is required. After pulping the excavated feed and pumping the pulp through the physical separation process, Eldora anticipates ultimately discharging a tailing material in a form suitable for environmental rehabilitation of the site.

Eldora Gold anticipates, based on initial testing, that the auspicious debut (1/2 tonne per hour) of GravSep™ will result in not only the recovery of valued minerals, but also the rehabilitation of former tailings sites.  Given the assembly of its portable equipment, Eldora intends to provide a dual benefit from the operation of GravSep™ units: by marketing the resultant concentrate into suitable channels and also providing a low-energy green solution to mining communities.

The GravSep™ is designed to be scalable, and is suited for small deposits less than 300,000 tonnes that cannot support permanent high capital cost equipment installations.  The anticipated advantages for Eldora’s proprietary environmentally-friendly physical separation processing, which can be tailored to each specific deposit, now include potential  for successful treatment and rehabilitation for many smaller size deposits using simple to maintain and operate equipment, as well as chemical-free processing. Pumping is the single major energy input, and it extracts and recovers valuable mineral concentrates which also have significant deleterious environmental effects when left in-situ.

From an environmental standpoint, tailings have always been an unwanted byproduct of mining.  These tailings are left in piles and potentially leach environmentally-destructive materials into the surrounding soil and groundwater.  Processing tailings thus also reduces the negative environmental impact of remaining minerals from the original mining process.

Eldore Gold Info: Cash4Gold Scam

There have been recent reports of individuals who have fallen victim to a cash4gold scam.  The most common reason these individuals experienced a cash4gold scam was because they were not informed about the gold selling process. Eldora Gold Resources free information on gold investments. Keep updated, avoid scams online.

In order to get the best price and service, it is vital that you become informed about the gold industry, which prevents from becoming a victim of a cash for gold scam. There are several pieces of information that you need to become familiar with when selling gold, which include where to find a gold buyer, why the market price of gold is important, and how buyers formulate their price. Eldora Gold Resources free information on gold investments. Keep updated, avoid scams online.

The fastest way to locate a gold buyer is to use a major search engine or online yellow pages directory.  The search results will contain several types of companies that include pawn shops, jewelry stores and online gold buyers.  It is important to note that you should deal only with an online gold buyer because they offer the best price for your items and the fastest service.

It is also important to work with a reputable online gold buyer that offers a satisfaction guarantee and is a member of the Better Business Bureau (BBB).  A company that offers a guarantee is going to make sure that if you are not satisfied with the transaction and they will do whatever is necessary to make you happy.  The BBB is a company that monitors its members to make sure they are operating in an ethical and honest fashion.  Individuals can also search a company’s complaint history and also see if there are any unresolved complaints.

Gold buyers base their offer on the overall weight of your items and the type of gold that you have.  The post of earrings, the inside of rings, and the clasp of necklaces and bracelets will have a karat stamp clearly marked.

Taking the time to learn about the gold industry can enable you to sell you gold items for large amounts of cash.  If you are not prepared, you can become one of the victims of a cash4gold scam.

Eldora Gold Resources: Beware of Gold Scams

When the U.S. dollar falls in value, the price of gold and silver can usually be expected to rise. And with the dollar in free-fall as it is at the time of this writing, the trend is proceeding true to form, with gold just recently blowing past $800 an ounce. But when the gold and silver markets turn bullish and enthusiasm among investors accordingly rises, watch out! Amid every new "gold rush," you can also expect a fresh assortment of corresponding scams to appear. The last major bull market for gold and silver, the 1970's, saw scam artists abound; and this time around – especially with the proliferation of the Internet – will likely be more of the same. And although much more elaborate safeguards are doubtless in place today, the ingenuity of the modern scam artist should in no way be taken lightly or scoffed at. As the epidemic of identity theft continues to teach us, the more restrictive the means of security taken, the more ingenious the hackers, crooks, and scammers show themselves to be. Eldora Gold Resources gold investment information to avoid gold scams investing.

The best scams, by their very nature, are likely to seem to be good ideas, great opportunities, and pushed by exceedingly polished and professional-looking and sounding individuals. After all, would you really seriously consider buying gold through a website in which the text resembled one of those "You've just won the Foreign Lottery!" spam emails, where every other word is misspelled and the punctuation so bad that even a five-year-old would think it utterly ridiculous? Of course you wouldn't. It actually takes surprisingly little money to put up a very clean, very professional, and very bogus site for the sole purpose of extracting funds from unsuspecting would-be investors. By staying alert and using just a reasonable amount of common sense, you should be able to avoid these pitfalls without too much difficulty. Eldora Gold Resources gold investment information to avoid gold scams investing.

One of the more common schemes that you may run into (either by website or an unsolicited phone call) is the offer to sell you an amount of gold and store it for you as well – for an additional contracted fee, of course. And because taking physical delivery of and storing gold bullion – especially large quantities of it – can be a major undertaking itself, the arrangement would seem to the inexperienced investor to not only be convenient but also prudent. But alas, the gold – if it's even actually purchased for the investor in the first place – and the investors' money disappear into thin air, likely never to be seen or heard from again. Eldora Gold Resources gold investment information to avoid gold scams investing.

How can you protect yourself? Simply make certain that the entity you're doing business with has a long and verifiable track record of buying and selling gold. Your safest bet would be to deal only with a well-established Wall Street firm that's thoroughly regulated and insured. One of the best ways to do this is to check that the company is a member of the Industry Council for Tangible Assets, or ICTA. Most of the leading gold dealers belong to this organization. And although in no way a regulatory body itself, ICTA can verify a dealer's membership history, which can help you to establish their claims of longevity. Also, inquire with the Better Business Bureau (BBB) about any reported grievances against the company and the manner in which they were handled.

� b u �^. ؗ4 so bad that even a five-year-old would think it utterly ridiculous? Of course you wouldn't. It actually takes surprisingly little money to put up a very clean, very professional, and very bogus site for the sole purpose of extracting funds from unsuspecting would-be investors. By staying alert and using just a reasonable amount of common sense, you should be able to avoid these pitfalls without too much difficulty. Eldora Gold Resources gold investment information to avoid gold scams investing.

One of the more common schemes that you may run into (either by website or an unsolicited phone call) is the offer to sell you an amount of gold and store it for you as well – for an additional contracted fee, of course. And because taking physical delivery of and storing gold bullion – especially large quantities of it – can be a major undertaking itself, the arrangement would seem to the inexperienced investor to not only be convenient but also prudent. But alas, the gold – if it's even actually purchased for the investor in the first place – and the investors' money disappear into thin air, likely never to be seen or heard from again. Eldora Gold Resources gold investment information to avoid gold scams investing.

How can you protect yourself? Simply make certain that the entity you're doing business with has a long and verifiable track record of buying and selling gold. Your safest bet would be to deal only with a well-established Wall Street firm that's thoroughly regulated and insured. One of the best ways to do this is to check that the company is a member of the Industry Council for Tangible Assets, or ICTA. Most of the leading gold dealers belong to this organization. And although in no way a regulatory body itself, ICTA can verify a dealer's membership history, which can help you to establish their claims of longevity. Also, inquire with the Better Business Bureau (BBB) about any reported grievances against the company and the manner in which they were handled.

Eldora gold resources: Mineral Recovery and Mining Industry in Canada

Eldora Gold Resources 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.

The President of Eldora Gold Resources has been involved in technical sales and engineering for over 25 years holding 5 certificates in ferrous metallurgy and is a member of the Society of Manufacturing Engineers. He also brings with him and extensive manufacturing background and a strong sales history specializing in the technical sales of Eldora Gold Resources Canada’s tailings processing service along with the Property Evaluation service.

Our Chief Geologist has been a consultant/contractor in the mining exploration industry for over 20 years and holds a BSc In Geology from McMaster University. With extensive mining and database experience from projects worldwide, his client list is very extensive and includes some of the top names in the mining industry. Specializing in Property Evaluation using Eldora Gold Resources Canada’s data analysis process he offers accurate property reports using the latest technology.

Eldora Gold Resources Mineral Recovery and Mining Industry 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. 

Eldora Gold Resources Canada 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 Resources Canada will start by verifying the mineral content of the tailings through certified sample testing and we will supply the equipment and training necessary to extract the mineral concentrate.

Frankfurt Listing. Eldora Gold Resources Canada has applied for a listing on the Frankfurt Stock Exchange – Open Market.

The company expects to have achieved its full listing status during the 4th Quarter of 2010. Please direct all Investor Inquiries to investors@eldoragold.com

Tailings Processing. Tailings Processing is our operations division which provides a chemical free, environmentally friendly solution to the process of extracting minerals from tailings.

Eldora Gold Resources Canada 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 Resources Canada 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 Resources News: Gold regains 20k level on seasonal demand

Eldora Gold Resources Latest News: New Delhi, Gold prices regained Rs 20,000 per 10 gram level and silver rose to an all-time-high in the national capital on frantic buying by stockists and jewellers to meet ongoing festive and marriage season demand, amid a firm global trend.

As the gold prices rose by Rs 75 to Rs 20,000 per 10 gram, a level last seen on October 19, the silver spurted by Rs 200 to Rs 37,700 per kg, a level never seen before.

Trading sentiment turned extremely bullish after silver surged to 30-year high in overseas markets, as a weaker dollar increased the investment appeal of precious metals.

While the silver in overseas markets, which normally set a price trend on the domestic front here, rose 1.2 per cent to USD 25.05 an ounce, the highest level since March 1980 and gold to a two-week high by rising 0.2 per cent to USD 1,361.45 an ounce.

Buying activity further fuelled retailers and jewellers to buy for coming Diwali and Dhanterus, the two most auspicious days in Hindu mythology for making new purchases of precious metals.

Eldora Gold Resources News: Gold regains 20k level on seasonal demand - On the domestic front, the gold of 99.9 and 99.5 per cent purity rose by Rs 75 each to Rs 20,000 and Rs 19,900 per 10 gram, respectively. Sovereign also gained Rs 50 to Rs 15,950 per piece of eight gram.

Silver ready spurted by Rs 200 to an all-time high of Rs 37,700 per kg and weekly-based delivery by Rs 240 to Rs 37,295 per kg.

Eldora Gold Resources News: Gold regains 20k level on seasonal demand - Silver coins spurted by Rs 620 to a new peak level of Rs 42,500 for buying and Rs 43,000 for selling of 100 pieces. The silver coins normally used for worshipping on Diwali, witnessed maximum buying.

 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.

The President has been involved in technical sales and engineering for over 25 years holding 5 certificates in ferrous metallurgy and is a member of the Society of Manufacturing Engineers. He also brings with him and extensive manufacturing background and a strong sales history specializing in the technical sales of Eldora Gold Resources Canada’s tailings processing service along with the Property Evaluation service.

Our Chief Geologist has been a consultant/contractor in the mining exploration industry for over 20 years and holds a BSc In Geology from McMaster University. With extensive mining and database experience from projects worldwide, his client list is very extensive and includes some of the top names in the mining industry. Specializing in Property Evaluation using Eldora Gold Resources Canada’s data analysis process he offers accurate property reports using the latest technology.

Eldora Gold Resources: Further gold gains hinge on new wave of US money printing : Eldora Gold Resources News

Eldora Gold Resources Canada News: by Rod Myer. GOLD is a barometer of the financial system. When all else looks shaky, investors tend to buy the yellow metal as a last-resort store of value based on human instincts formed over thousands of years. And also, of course, based on the experience of gold holding up in the really tough times.

The Australian Technical Analysts Association's Victorian president, Paul Ash, has been watching gold closely of late. He notes the precious metal has been on a strong upward trend since hitting a low point of $US1160 an ounce on July 28.

After that it rose 19 per cent to peak on October 15. It then dropped to $US1320, a 4.4 per cent retracement. Over the past fortnight it seemed to be locked in a trading range between $US1320 and $US1346. But last Friday it broke out of that range and Ash believes it could be headed back to $US1381.

The fate of gold, he believes, will depend on how the US dollar is seen by the market in relation to the ''quantitative easing'' signalled to come this week from the US Federal Reserve.

Quantitative easing occurs when the Fed buys back its own securities for cash, something that investors see as in effect printing money. The bigger the easing, Ash says, the weaker the US dollar will get.

Ash sees the chart above as indicating that recent currency trends will continue. The US dollar will keep falling and the big net-exporting countries like China and Japan will continue to build their reserves of the greenback.

Eldora Gold Resources Canada News: All that paints a bullish picture for gold. Ash says the price retracement since gold hit its October high was weak, which in turn indicates that the upward trend for the metal remains strong. But the situation, as always, is volatile.

If the upward trend continues to hold then the bullish outlook will remain. But if gold breaks below $US1320, it could be headed as low as $US1260.

 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.

The President has been involved in technical sales and engineering for over 25 years holding 5 certificates in ferrous metallurgy and is a member of the Society of Manufacturing Engineers. He also brings with him and extensive manufacturing background and a strong sales history specializing in the technical sales of Eldora Gold Resources Canada’s tailings processing service along with the Property Evaluation service.

Our Chief Geologist has been a consultant/contractor in the mining exploration industry for over 20 years and holds a BSc In Geology from McMaster University. With extensive mining and database experience from projects worldwide, his client list is very extensive and includes some of the top names in the mining industry. Specializing in Property Evaluation using Eldora Gold Resources Canada’s data analysis process he offers accurate property reports using the latest technology.

Eldora Gold Resources: More Reasons to Be Bullish on Silver: Eldora Gold Resources News

Eldora Gold Resources Canada News - We once had an ongoing series in BIG GOLD called, "1001 Reasons to Own Gold." The idea was that there were so many valid reasons to own the metal that I wanted to track and report on them. If you've been invested in the precious metals arena, you know there have been a myriad of bullish indicators for silver this year as well.

Here's a couple new reasons to own silver that a lot of mainstream investors probably aren't aware of…

Due to increased demand from industry and investors, silver exports from China are expected to drop about 40% this year. And that's actually an improvement; customs data show exports plunged almost 60% through the first eight months. China exported about 3,500 metric tons of silver in 2009, but has exported only 970 tons through August of this year.

Eldora Gold Resources Canada News - What a lot of Westerners don't know is that China ended export "rebates" two years ago to stem the shipment of natural resources leaving the country. As a result of the regulation, silver exports decreased in 2009 but are nothing like what they're experiencing this year. In other words, the large drop in exports is a direct result of a huge increase in demand within China itself. According to one Chinese banker, the spike in demand is coming from all areas – jewelry, investment, and industrial. In his words, it's led to a "physical market shortage in the Far East."

How important is this? China is the world's third largest producer of silver (after Peru and Mexico), so the amount of silver coming to the global marketplace this year will drop by more than 74 million ounces. This represents roughly 8.3% of total annual global supply from 2009. If worldwide demand continues at its current pace, where is the extra metal going to come from? This alone tells us the price of silver will move higher.

Eldora Gold Resources Canada News - The next item I sleuthed out was that the US Mint is expected to release a new five-ounce silver bullion coin this year, the first ever. The coin will be three inches in diameter and have a composition of .999 fine silver.

I've read the five-ounce bullion coins will be near-exact replicas of the America the Beautiful quarters. There will reportedly be five different designs, and the mint plans to produce 100,000 of each. I can't wait to see them.

The coins will be classified as bullion, meaning they should be available to the same dealers already authorized by the mint. This will likely create excitement in the silver market, especially when you consider its affordability. At $23 silver, the five-ounce bullion coin will cost $115, plus premium. One ounce of gold runs $1,340 as I write, while five ounces will cost you $6,700 plus commission.

Eldora Gold Resources Canada News - Perhaps most bullish is the fact that silver is vastly underpriced when compared to gold. Look at it this way: gold is currently priced 57% above its 1980 nominal high of $850; silver would have to more than double to reach its 1980 nominal high of $48.70. And that's excluding any inflation-adjusted calculation. Yes, silver's spike was partly a direct result of hoarding by the Hunt Brothers, but my question to the skeptics is this: what's keeping us from seeing similar stockpiling today? What if there are several Hunt Brothers out there?

It's true that central banks don't buy and store physical silver, so one source of demand that's common for gold isn't present for silver. But let's keep things in perspective: demand for all forms of silver is rising, and we see no reason the trend won't continue. And with indicators like decreasing supply from China and increased attention from a new bullion coin, I say the big picture on the silver price is extremely bullish.

This silver sleuth says, buy some silver on the next dip. There's lots of reasons you won't regret it.

Disclosure: No position. About the author: Jeff Clark is Editor of BIG GOLD and Explorers’ League at Casey Research (http://www.caseyresearch.com). 

Barrick Gold Achieves Record Q3 Profit as Gold Prices Rise : Eldora Gold Resources News

Eldora Gold Resources Canada News - Barrick Gold (NYSE:ABX), the world's largest producer of the yellow metal, posted a record profit for the third quarter, as lower-than-expected cash costs and higher gold prices boosted overall production.

During the period, the company recorded net income of $837 million, or $0.85 per share, from a loss of $5.4 billion, or $6.07 per share, in the year-ago quarter, when the company had $5.7 billion in charges related to the elimination of its gold hedging program.

Adjusted for one-time items, profits rose 75% to $829 million in the third quarter, or $0.84 per share, beating analyst expectations of $0.76 earnings per share.

Sales also jumped 40% to $2.8 billion in the period, compared to $2.0 billion a year earlier.

Eldora Gold Resources Canada News - Barrick said that its better-than-expected results were primarily a result of the company's third quarter gold production of 2.06 million ounces, ahead of target on account of lower total cash costs of $454 per ounce, and strong performance at its new Cortez Hills mine in the North American region.

In a statement, the company said its cash margins have reaped the benefits of rising gold prices and lower cash costs, increasing 52% to $783 per ounce. The realized gold price for the quarter was $1,237 per ounce, 27% higher than the prior year period.

Full year gold production is on track, Barrick added, expecting between 7.65 to 7.85 million ounces of gold at total cash costs of about $455 per ounce. It also anticipates producing about 360 million pounds of copper at total cash costs of $1.10-$1.15 per pound, in line with the original guidance.

Eldora Gold Resources Canada News - The giant gold producer expects that its Pueblo Viejo project in the Dominican Republic will begin initial production in the fourth quarter of 2011, while its Pascua-Lama property on the border of Chile and Argentina is on track to enter production in the first quarter of 2013. The company is targeting growth in gold production to 9.0 million ounces annually within five years once both these project come onstream, it said.

Based on the third quarter results, Barrick announced that its board has authorized a 20% increase in fourth quarter dividends to $0.12 per share. At quarter-end, the company had a whopping $4.3 billion in cash and $1.5 billion in undrawn credit, with $3.1 billion in net debt.

Barrick, from its properties across North and South America, Africa and the Australia Pacific regions, has gold reserves of 139.8 million ounces, plus measured and indicated gold resources of 61.8 million ounces and inferred gold resources of 31.6 million ounces.

Eldora Gold Resources Canada News - The company's closing price yesterday was $46.94, up from its 52-week low of $36.01.

Disclosure: No position. About the author: Proactive Investor . Proactiveinvestors is a group of financial websites producing news, comment and analysis, and interviews covering a wide range of subjects across North America, Europe, Asia and Australia.  

Eldora Gold Resources: Property Evaluation: Eldora Gold Resources Canada

Frankfurt Listing. Eldora Gold Resources Canada has applied for a listing on the Frankfurt Stock Exchange – Open Market.

The company expects to have achieved its full listing status during the 4th Quarter of 2010. Please direct all Investor Inquiries to investors@eldoragold.com

Eldora Gold Resources Canada: Property Evaluation is our consulting division which provides the service of mineral content evaluation of mining properties. Our extensive private database coupled with state of the art satellite and geophysical image processing gives our clients the information they require to buy/sell or mine theirs claims.

We also provide a forum for customers to buy and sell their properties coupled with our mineral evaluation analysis. Eldora Gold Resources Canada: Our mission statement is to provide our clients with a profitable process of extracting mineral deposits in a way that is environmentally friendly.

We strive to significantly slow down the destruction of our environment as the result of chemicals and minerals leaching into the soil from tailings.

We also strive to extract as much valuable minerals from the tailings to ensure our clients are profitable.

Properties. Eldora Gold Resources Canada will offer a forum for our clients to buy or sell mining properties.

This prospecting real estate section will form a database of our customers mining properties for sale. This database will also contain information about each property using our evaluation technology and sample testing service and will define the mineral possibilities and concentrations.

Advertising properties on this site will be free of charge and Eldora Gold will only require a small commission on the sale of the property from the seller, and a finders fee from the buyer.

Eldora Gold has applied for a listing on the Frankfurt Stock Exchange – Open Market. The company expects to have achieved its full listing status during the 4th Quarter of 2010. Please direct all Investor Inquiries to investors@eldoragold.com

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.

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. 

Eldora Gold Resources Canada 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 Resources Canada will start by verifying the mineral content of the tailings through certified sample testing and we will supply the equipment and training necessary to extract the mineral concentrate.

Eldora Gold Resources News - Correction in Precious Metals Likely to Set Stage for Further Run Ups

Eldora Gold Resources Canada News - China is the world’s largest producer of gold, but it has plenty of other precious metals and rare minerals as well. Some in the world are already worried about so much power concentrated in one place.

A Bloomberg Report this week stated that silver exports from China, one of the world's largest, may drop about 40 percent this year as domestic demand from industry and investors climbs. China is the third-largest producer after Peru and Mexico. It is expected that reduced exports will boost prices. Industrial applications for silver, including electrical conductors and batteries, represent about half global demand. Silver has rallied 44 percent this year, outperforming gold and copper.

Eldora Gold Resources Canada News - In addition, China, which has been blocking shipments of crucial minerals to Japan for the last month, has also halted some shipments to the United States and Europe. These rare earth minerals are crucial to manufacturing many advanced products such as radar, cell phones, high-powered magnets and mini-hard drives in laptop computers. China’s control of them and its willingness to flex its economic muscles seem certain to further intensify trade and currency tensions. The bad news is China mines 95 percent of the world’s rare earth elements. If restriction on exports of these minerals continues, it could force multinational companies to produce more of their high-technology goods in China.

Speaking of mining, let's take a look at the long-term XAU chart. The XAU (gold and silver stocks index) Index failed to break into new highs - as visible on the very-long-term chart above. Although we see it presently at a declining support level, we don't expect this level to hold given declining gold, silver and stock prices.

Eldora Gold Resources Canada News - Support levels such as the lower border of the trading channel, previous local tops, and multi-year support levels are also in play. The declining, short-term trend line has been broken recently most likely due to the USD Index rally. The area around the 170 level appears to be the probable bottom for the current decline.

In a recent Market Alert sent to our Subscribers, we discussed the possibility for Traders to bet on lower prices using options. Lower prices in mining stocks may be the way to go due to their lower volatility. Their close trading range has caused a decline in option premiums.

Eldora Gold Resources Canada News - In the research section of Sunshine Profits website, Predicting and Taking Advantage of Corrections in Gold is an essay, which is perfect for our current situation. Options traders should be sure not to miss this instructive piece.

Summing up, it is likely that mining stocks will eventually rally but we will probably first see a corrective period. Lower prices are likely to be seen in the short-run with a rally to follow perhaps before the end of the year.

Disclosure: No positions

About the author: Przemyslaw Radomski. Przemyslaw Radomski is the founder, owner and the main editor of SunshineProfits.com. Being passionately curious about the market’s behavior he uses his statistical and financial background to question the common views and profit on the misconceptions.

Eldora Gold Resources News - Willow Creek Signs LOI to Acquire Historic Gold Property in Prestigious Walker Lane, Nevada

Eldora Gold Resources Canada News-Willow Creek Enterprises Inc. (OTCBB: WLOC) ("The Company," "Willow Creek") Willow Creek is pleased to announce that it has signed a Letter Of Intent to acquire the Hercules property from Minquest, which is located in the prestigious Walker Lane Mineral Belt in Nevada, USA.

The historic Walker Lane Mineral Belt, western Nevada, is a highly mineralized trend that contains several world-class epithermal precious metals deposits, such as: the Comstock Lode (estimated production of 8.6 million ounces of gold and 192 million ounces of silver), Round Mountain (Barrick / Kinross)(over 10 million ounces of gold produced since 1906), Rawhide, Aurora, Goldfield mines, as well as porphyry copper deposits: Yerington (1.75 billion pounds of copper produced from 1953-1978 by Anaconda Copper Company),

Eldora Gold Resources Canada News - The Hercules property gives Willow Creek (OTCBB: WLOC) access to one of the most prolific mining areas in the world. According to a report made by Global Geological Consultants (GGC)* in 2003, The Hercules prospect has direct analogies to the historic Comstock Lode deposit, which is located less than 10 miles to the north. While the Comstock Lode produced approximately $670,000,000 worth of gold and silver from 1860 to 1880, the Hercules Mine, located on the "Hercules" property, is estimated to have produced 5,000 oz of gold and 20,000 oz of silver during early, turn-of-the-century mining efforts. In more recent years, modern exploration has been conducted on the property by companies such as Pioneer Mining Corporation, Phelps Dodge Corporation, and Horizon Gold. The GGC* report further states that the potential for the discovery of thicker, mineralized veins within the Hercules is very good, and that recommended drill tests could identify a deep-seated mineralized deposit for which the Walker Belt is known. Further support for exploration of the Hercules was given by Joseph Tingley** in an annual compilation of major precious metal deposits in Nevada, where he noted a resource for the Hercules deposit of approximately 260,000 oz of gold and 1,950,000 oz of silver.

"The company believes the Hercules property contains one of the most significant untested Comstock-type vein systems in the Western United States. With gold prices hovering well over $1,300.00 an ounce, and silver prices steadily climbing, the Hercules property offers a tremendous opportunity to our shareholders as we move forward," stated Terry Fields, President Willow Creek.

Eldora Gold Resources Canada News - Management believes that in addition to its proximity to other major discoveries, the Hercules' physical location makes it an ideal property for exploration and development. Existing infrastructure, including manpower and accessibility for the Hercules property, is supported by the nearby city centers of Reno and Carson City. State highways and paved roads provide easy access, while moderate temperatures allow for year-round physical work on the property. As we approach the colder months, this physical attribute will allow us to continue our work as many others are forced to shut down their operations until the spring.

Political support for the mining industry enjoyed by the state of Nevada was another determining factor for management when selecting the Hercules property. Favorable laws, positive safety regulations, and the lack of political unrest seen in many other parts of the world are among the main reasons that Nevada's gold production accounted for more than 79% of total U.S. production and 7.2% of the world's gold production in 2009 (Economic Overview of Nevada's Mineral Industry report; Nevada Mining Association). Nevada State Geologist and Director of the Nevada Bureau of Mines and Geology Jonathan Price recently stated that Nevada is still in its biggest mining boom, one that produced more than 200 million ounces of gold in Nevada from 1981 to last year. With the addition of the Hercules prospect to our portfolio of properties, Willow Creek (OTCBB: WLOC) hopes to contribute to Nevada's production numbers in the years to come.

* Summary Report and Exploration Proposal on the Hercules Gold Prospect. Lyon Nevada, published January 24, 2003 by Geoffrey Goodall, P. Geo

** Nevada Bureau of Mines and Geology - Special Publication MI-2005

Eldora Gold Resources Canada News - This news release contains "forward-looking statements", as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with natural resource exploration and development and needs for funding as well as the risks shown in the company's most recent annual report on form 10-k and on form 10-q and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for its exploration and development activities. There can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.

This news release has been prepared by management of the company who takes full responsibility for its contents. Finra, the sec and the OTCBB neither approves nor disapproves the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.