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.