Eldora Gold Resources Set to Trade on Frankfurt Stock Exchange

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 24, 2011 -- 
March 4, 2011 

(Winona) – Eldora Gold Resources Ltd., a mineral recovery company, is proud to announce that it’s 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 Now Trading on Frankfurt Stock Exchange

Eldora Gold Resources Now Trading on Frankfurt Stock Exchange : (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 Goldpresident 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 Goldis listing its common shares on the Frankfurt Stock Exchange (symbol ER5), Open Market. source www.onlineprnews.com...

Eldora Gold Resources LTD.

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 LTD.

Eldora Gold Resources LTD.

10079 Winona Station, Winona, Ontario L8E 5R1 Canada

Winona, Ontario

Canada, -L8E 5R1

Fax 9053616450

Email: 

Website: Eldora Gold Resources LTD.

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

FEBRUARY 11, 2011 BY ELDORA

(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.

Heateam Awarded Field Service Award – Eldora Gold Boiler Reports

We are pleased to publicize that heateam, the assistance department of BDR Thermea, has received the Field Service category of the National Customer Service Awards 2010. Get the most recent boiler technologies from Potterton. Prevent getting scammed, fraud and gotten into speeches of boiler room, on the internet (blank) warning, promoting fake heatem, boilers. Maintain up-to-date on most current engineering information from Eldora Announcement Resources on the internet classifieds.
Heateam overcome other finalists Royal Mail, Thames Water and Rentokil to get the actual prestigious accolade, following a demonstration to the judges to demonstrate how we provide customer service, instruction as well as high quality with enthusiasm, professionalism and passion.

The judges mentioned: “We were fascinated with the emphasis on working together from this entry and how each individual is encouraged to take responsibility with regard to customer service. The result is improved effectiveness for the company and a much better expertise for the client, which is exactly what this award is about. A deserving winner.”

The achievement was announced during the award ceremony in London on 7 December, hosted by comedian Kevin Bridges.  The trophy was presented to John Orris, Field Service Manager, South region.

Lee Robinson, Customer Service Director, said: “Our field service engineers work tirelessly to keep our customers warm and happy.  During a typical day they could be carrying out a routine boiler service, carrying out repairs, working with an installer or contractor to explain our products or just showing the householder how to get the best out of their system.

“They often call when the householder is distressed or even angry, and always endeavour to leave them happy and comfortable.  The recent weather conditions have been very difficult for everyone in the heating industry, and our engineers have been affected by the snow and ice like everyone else.  However, they have pulled together, and worked long hours in difficult conditions, to try and get to people as soon as possible.

“I am extremely proud to add this award to our recent service centre success, where we were ranked seventh in the 2010 Top 50 Call Centres for Customer Service.

“I would like to thank everyone in heateam for their dedication and hard work in making us the best service provider in the heating industry,” adds Lee.
heateam, BDR Thermea’s in-house service division has a national network of over 280 highly skilled Gas Safe registered field service engineers,  They provide service and support for all Baxi, Potterton, Main and Remeha domestic boilers, Heatrae Sadia and Santon hot water products and Valor fires. The Warwick-based service centre is open 363 days a year.

For more information visit the heateam website or call 0844 335 2266.

Eldora Gold Resources Gold Heading for Another Bull Run

Note that the price is just now making a fourth attempt in as many months to penetrate the new high price set in as many months. Last summer saw a similar situation, where the price made about five attempts before finally setting a new high on or about September 1. This consolidation also lasted about four months. Then, when the price set a new high at September's start, the "Gold Bull Run" was off and running for the fall.

The price of gold is appearing as if it is set up for another bull run. Is this from any sophisticated technical chart analysis? No, it is merely from examining the chart of the gold price (using the GLD ETF as a proxy) and observing the similarity of patterns that seems to be matching the gold price's rise from the consolidations of last summer. Here and now, we have just witnessed gold's price gyrate up and down ... gold just feels like it is headed for new highs.

 

Note that the price is just now making a fourth attempt in as many months to penetrate the new high price set in as many months. Last summer saw a similar situation, where the price made about five attempts before finally setting a new high on or about September 1. This consolidation also lasted about four months. Then, when the price set a new high at September's start, the "Gold Bull Run" was off and running for the fall.

Are there any other factors that may help the investor allay his fears of a pending crash in the price of gold, rather than starting a new bull run? Here are three significant factors underpinning gold's price:

1. Inflation of Paper Currencies

The markets interpret the FOMC's previous pronouncements as inflationary for paper currencies, and this effect is expected to continue until there are some indications of inflation being reined in. This currency inflation is a fundamental driver for the precious metals.

2. Rise of the World's Middle Class Supporting Gold Prices

There is a rising middle class as the world's emerging markets continue to grow and gain parity with the world's developed markets. The size of the world's middle class growth is largest in the Asian economies and of a scale that the world has never before seen. Asians have a particular affinity for the precious metals due to their history and culture of precious metals being a store of wealth. This buying by emerging middle classes provides a strong base of support for precious metals prices.

3. Peak Gold Is Coming Due to Higher Costs and Lower Grades

Barrick Gold's (ABX) chief executive Aaron Regent already declared a state of "peak gold" in 2009. The thesis is that gold mining is difficult, and the challenges of increasing costs, lower gold grades, and difficult operating environments all coalesce to decrease gold production supply. This "peak gold" dynamic is ensuring that the new production supply of precious metals will be constrained in the future.

Summary

Therefore, the chart above merely reflects the market's reaction to the fundamental drivers affecting gold prices. Currency inflation is the prime driver. Buying from Asia supports the price during corrections. Future gold supply is constrained by peak gold. With these factors affecting gold prices, is it any wonder that a significant rise is in store?

Disclosure: The author is long junior miners, including precious metals miners.

Gold Heading for Another Bull Run article by Marco G.

 

GoldBullionPro.com is all about investment in precious metals such as gold, silver, platinum, palladium and rhodium. Our experts will provide you with a useful information about gold and other precious metals investment strategy every day. Stay tuned!

Update On Venezuela Gold Mining: Eldora Gold Resources Canada News

Update on Venezuela Gold Mining: Eldora Gold Resources Canada News - Uncertainty grips expectant gold-mining communities in Venezuela. Continuing a report on the situation of gold-mining in Bolivar State and in particular on the Las Cristinas mine in Sifontes municipality, Correo del Caroni reporter, Natalie Garcia maintains that the end of the Crystallex concession has reopened the debate on the Venezuelan State's gold-mining policies, which could be said to have failed, given current labor instability and cordons of misery south of Bolivar State.
Update on Venezuela Gold Mining: Eldora Gold Resources Canada News - VHeadline News Editor Patrick J. O'Donoghue reports: Several decades ago, the Las Cristinas was held up as the salvation of thousands of local inhabitants, who were scratching a living off illegal and wild cat mining. Las Cristinas, Garcia pointed out, has not been formally exploited for more than 20 years, even though it has around 31 million ounces of gold and proven reserves.
There is also the Brisas del Cuyuni mine formerly in the hands of Gold Reserve, which is suing the government for compensation.

The journalist (pictured right) ventures that Las Cristinas' future looms uncertain because details have not been released about the next steps to be taken.

A proposal was launched in 2008 at a meeting of the Basic Industries & Mining (Mibam) Ministry to set up an "ALBA Gold Mining District," consisting of three blocks to be distributed among small-to-medium socialist mining companies belonging to the Bolivarian Alliance for the Americas (ALBA).

Update on Venezuela Gold Mining: Eldora Gold Resources Canada News - Within the strategy, there was a social plan to invest part of the money coming from gold production, creating a warehouse center, a gold refinery and mint, and a goldsmith network under the control of mining cooperatives.

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Part of the plan included building a copper recovery plant because of the association between copper and gold.

Garcia raises the possibility of a 50/50 joint venture between the State and VenRus, the Russian company, currently holding the La Isidora and La Camorra concessions.

Whatever the outcome, Garcia concludes, local communities are calling for the immediate activation of mining projects and their inclusion when it comes to distributing the profits.

The main call as ever is for new job opportunities and an improvement in the local communities' standard of living. Patrick J. O'Donoghue news.editor@vheadline.com
Update on Venezuela Gold Mining: Eldora Gold Resources Canada News - Our editorial statement reads:
VHeadline.com Venezuela is a wholly independent e-publication promoting democracy in its fullest expression and the inalienable right of all Venezuelans to self-determination and the pursuit of sovereign independence without interference. Our stance is decidedly pro-governance (defined as being contrary to anarchy) and pro-government to the extent that we support all and any government policies aimed at consolidating and improving the living conditions and future prosperity of ALL Venezuelans, regardless of race, color or creed. We also seek to shed an international spotlight on nefarious practices and corruption which, for decades, has strangled this South American nation's development and progress. In every respect VHeadline Venezuela's declared editorial bias is most definitely pro-Constitutional, pro-Democracy and pro-VENEZUELA.
-- Roy S. Carson, Editor/Publisher Editor@VHeadline.com