Wednesday, February 16, 2011

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.


Update on Mining: Eldora Gold Resources Canada News

PMI GOLD TO APPOINT TWO NON-EXECUTIVE DIRECTORS, PETER BUCK AND ROSS ASHTON TO THE BOARD SUBJECT TO THE CO-LISTING OF THE COMPANY IN AUSTRALIA.
Eldora Gold Resources Canada News: Update on Mining - VANCOUVER, Oct. 21 /CNW/ - PMI Gold Corporation (TSX.V:PMV) ("PMI Gold" or "the Company") announces that Mr. Peter Buck and Mr. Ross Ashton have agreed to join the Board of PMI Gold as Independent Non-Executive Directors subject to and following its proposed Australian co-listing.
Commenting on the appointments of Messrs. Buck and Ashton (Members AUSIMM), PMI Gold CEO, Douglas MacQuarrie stated "PMI Gold is pleased to be able to attract such experienced and respected Australian Directors to join the Board of the Company following its proposed Australian listing. Mr. Buck has been associated with the discovery and development of a number of mineral deposits in Australia and Brazil, and Mr. Ashton was the founding Managing Director of Red Back Mining Inc., which was recently the subject of a merger with Kinross Gold Corporation which valued Red Back at US$7.1B.  Their wealth of exploration and development experience will be invaluable for PMI Gold as the Company progresses development at its Obotan and Kubi Gold Projects in Ghana."
Mr. Buck is a geologist with 35 years of international exploration and production experience, principally in nickel, base metals and gold.  During his career he has been associated with the discovery and development of a number of mineral deposits in Australia and Brazil.
Mr. Buck worked with WMC Resources for 23 years in a variety of senior exploration and production roles, before joining Forrestania Gold as Exploration Manager in 1994. Forrestania Gold was subsequently acquired by LionOre Mining International with whom he was the Director of Exploration & Geology until mid-2006. He managed the highly successful exploration team that discovered several nickel deposits and the two million ounce Thunderbox gold deposit in Western Australia. Also, he played key senior management role in progressing these deposits through feasibility studies to production. Mr. Buck also played key senior advisory roles in indigenous relations in Australia, LionOre's African operations and new business development. During this period Mr. Buck was also a non-Executive Director with Gallery Resources (now IAMGOLD), and Breakaway Resources.
In 2006, Mr. Buck played a key role in managing the divestment of a large portion of LionOre's nickel exploration portfolio into Breakaway Resources. Following this transaction, Mr. Buck became the Managing Director and CEO of Breakaway. In 2009 Mr. Buck left Breakaway to pursue other professional and personal interests.  
Mr. Buck is currently Vice President of The Association of Mining and Exploration Companies (AMEC) and a Board Member of the Centre for Exploration Targeting established at the University of Western Australia and Curtin University.
Mr. Ashton has been involved in the exploration, consulting, financing and development of international resource projects since 1972. Most recently in his capacity as Managing Director and subsequently Chair of Red Back Mining Inc., Mr. Ashton was responsible for identifying the prospectivity and leading the team which discovered the multi million ounce Chirano gold deposit in Ghana. In 2004 Mr. Ashton re-domiciled Red Back from the ASX to the TSX with a new Canadian CEO, management and board. In 2005 Mr. Ashton resigned as Red Back Chair. In September, 2010 Red Back, as a +400,000 ounce per year gold producer, was the subject of a merger with Kinross Gold Corporation which valued that company at US$7.1B.
Mr. Ashton is a Non Executive Director of Brockman Resources Limited, an ASX listed iron ore explorer/developer with a market cap of ~$500 million.
With the appointment of Messrs. Buck and Ashton to the Board of PMI Gold, subject to and following the proposed Australian co-listing, Mr. Len Dennis will resign as a board member but will remain with the Company as a consultant.
On behalf of the Board,
"Douglas R. MacQuarrie"
President & CEO
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.
Eldora Gold Resources Canada News: Update on Mining - This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements.  We Seek Safe Harbour.
Eldora Gold Resources Canada News: Update on Mining - About PMI Gold. Mining analysts have recently stated that West Africa will soon become the World's second largest gold producing region after China, with Ghana by far the largest gold producer in West Africa. PMI Gold controls four previous operating mines on 85 kilometres of Ghana's major gold belts all located near the centre of near 200 million ounces of historical gold production and current resources. Our Kubi Gold Project (NI43-101 mineral resource estimate of 604,000 ounces @3.66 g/t gold Indicated; 315,000 ounces @1.88 g/t gold Inferred, see SEDAR) adjoins the 60 million ounce AngloGold Ashanti Obuasi mine, the largest underground mine in West Africa with a 113 year, continuous mining history. At Obotan, where previous mining yielded 730,000 ounces of gold at a grade of 2.2 g/t, we recently announced a maiden +1 million ounce gold mineral resource estimate, and the commencement of an aggressive drilling campaign.

Brazilian Gold Mine Update: Eldora Gold Resources Canada News

Brazilian Gold Mine Update: Eldora Gold Resources Canada News - Ensurge Announces Progress on Engineering Scoping Study of Brazilian Gold Mine
Brazilian Gold Mine Update: Eldora Gold Resources Canada News - SAN FRANCISCO, Oct. 21 /PRNewswire/ -- Ensurge, Inc. (OTC Bulletin Board: ESGI.OB) is pleased that the Engineering Scoping Study of the Nova Esparanza Mineraco (NME) project is underway. Jordan Estra, President & Chief Executive Officer of Ensurge, Inc. reported on the project following a visit to Brazil during mid October.
A team of geologists and drillers is currently at the NME Tuiuiu Mine, about 100 kilometers southwest of the State Capital of Cuiaba. Drilling and sampling of the tailings stockpiles has been underway for about two weeks. It is estimated that an additional four weeks will be required to complete the drilling and sampling program.
Crews are auger drilling the tailings stockpiles on 40 meter centers to a depth which is the base of the tailings, approximately 25 meters. Samples are taken every one meter of depth in each drill hole. The drilling and sampling program was designed and is being supervised by Amazon GeoServices of Belo Horizonte, Minera Gias, Brazil.
It is estimated that approximately 1,500 samples will be taken from the tailings stockpiles and theses will be assayed by Bureau Veritas of Belo Horizonte, MG, Brazil. In addition, metallurgical testwork and gold recovery process development will be completed by G&T Group of Kamloops, British Columbia, Canada and MQes, Inc. of San Francisco, California, USA.
Brazilian Gold Mine Update: Eldora Gold Resources Canada News - Once the drilling and sampling is completed, in about four weeks time (end of November), an additional two weeks will be required to complete the assaying of samples, or mid-December. Metallurgical test work and gold recovery process development is likely to be completed by the end of January 2011. At that time, Ensurge will be able to make a decision on the NME project.
Other Projects
Ensurge is currently evaluating the potential of investing in producing gold mines, along with mines that only have tailings stockpiles. The Company is in preliminary discussions with property owners and if successful, Ensurge would try to achieve operating agreements to provide capital and technology to recover gold in exchange for significant percentage participation from the operations. All mines under review are in the area of Mato Grosso, Brazil.
Forward Looking Statements. Brazilian Gold Mine Update: Eldora Gold Resources Canada News - This press release contains forward-looking statements regarding the future results and performance of Ensurge, Inc. including statements regarding revenue, growth and market development. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements. The realization of any or all of these expectations is subject to a number of risks and uncertainties and it is possible that the assumptions made by management may not materialize. Statements in this press release may involve risks and uncertainties; actual results may differ from the forward-looking statements. Sentences or phrases that use such words as "believes," "anticipates," "plans," "may," "hopes," "can," "will," "expects," "is designed to," "with the intent," "potential" and others indicate forward-looking statements, but their absence does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly release any revisions to forward-looking statements. SOURCE Ensurge, Inc.
About 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.