New Carolin Gold Receives Test Plant Effluent Approval from Ministry of Environment
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(via Thenewswire.ca)
New Carolin Gold Corp. (TSX - V: LAD) announces receipt of approval
from the British Columbia Ministry of Environment to discharge
tailings reclamation test plant effluent from the former Carolin Mine
tailings storage facility, subject to regulatory monitoring
requirements. The test plant effluent will be discharged back to the
tailings storage facility.
This approval allows New Carolin Gold to conduct field scale sampling
of the tailings in order to collect material for ongoing metallurgical
test work to complete the gold in tailings process flow sheet. This
will allow the tailings "gold reclaim" mine plan to be
finalized and for the company to advance to the processing stage. A
Preliminary Economic Assessment was the subject of a press release
dated March 14, 2012.
The Company regards this approval as a major step towards granting of
the waste discharge effluent permit that will be required for the
proposed tailings mining and future re-activation of the Carolin Mine.
The original effluent permit was cancelled when the mine ceased
operations in 1984. Some of the regulatory monitoring requirements
have been implemented since 2009 and additional requirements will be
completed in Q3. The tailings storage facility has been inspected on
an annual basis by independent consultants and is in excellent
condition.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior mineral exploration and
development company engaged in the acquisition, exploration,
evaluation and development of 144 sq kms of contiguous mineral claims,
collectively known as the Ladner Gold Project, located along the
prospective and under-explored Coquihalla Gold Belt located in
southwestern British Columbia. The Gold Belt is host to several
historic small gold producers including the Carolin Mine, Emancipation
Mine, Pipestem Mine and numerous gold prospects.
For further Company and technical information, please visit the
Company's website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Bruce W. Downing"
Bruce W. Downing, M.Sc., P.Geo., Hon.FEC
President & Chief Executive Officer
Phone 778 - 294 - 3211 (toll free 1 - 855 - 294 -1411)
Email ceo@newcarolingold.com
Website www.newcarolingold.com
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release. We seek Safe Harbor.
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Caution concerning forward-looking information
This news release may contain forward-looking statements that are
based on the Company's expectations, estimates and projections
regarding its business and the economic environment in which it
operates. These statements are not guarantees of future performance
and involve risks and uncertainties that are difficult to control or
predict. Therefore, actual outcomes and results may differ materially
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should not place undue reliance on such statements. Statements speak
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