Eldora Gold Boiler News - Multifit GasSaver and Potterton Promax combi boilers help Aster Group crack the Code in Bristol

Eldora Gold Boiler News - Installation of Baxi Group high efficiency boilers, integrated with innovative Multifit GasSaver heat room recovery devices, has enabled Aster Group to successfully meet Level 3 of the Code for Sustainable Homes on its Narroways Road development in Bristol. 

Aster Group who own and manage around 17,000 affordable homes in the central south and south west of England has recently opened its Narroways Road scheme. Constructed by the Leadbitter Group, Narroways features 12 new two bed apartments, eight houses and five retail units. For this affordable development Leadbitter Group specified Baxi Group's Potterton Promax 28 HE plus Combination boilers, which included Multifit GasSaver units in the flats, to meet the required SAP rating and achieve Code Level 3.

Meeting SAP cost-effectively to reach the right Code Level must be balanced with the need to provide an efficient, appropriate and high quality heating and hot water solution for a particular project. Using the Potterton Promax Combi boilers together with GasSavers provides the optimum solution at Narroways Road. The tenants are familiar with the combi boiler and how it works, and the GasSaver builds on the boiler's own high efficiency to deliver even better performance. This ensures that system specification, installation and operation are as straightforward as possible.

Listed as an approved technology under SAP Appendix Q and recommended for use by the Energy Saving Trust, the Multifit GasSaver can reduce the gas used to heat hot water by up to 37% annually. It sits neatly between the boiler and its flue, recycling the heat from the flue gases which would otherwise be expelled into atmosphere and wasted. This heat is then used to preheat water coming into the boiler from the cold mains supply. 

The Potterton Promax 28 HE Plus is a compact, combination boiler which is SEDBUK Band A rated, capable of a 91.4% operating efficiency. Quick and easy to install, it boasts excellent flow rates and is available in 24, 28 and 33 kW outputs. Other benefits include built in frost protection, a range of flueing options, an optional wireless room thermostat and a pump that automatically runs every 24 hours to keep itself in prime condition.

The Potterton boilers and Multifit GasSavers were installed by local contractor M G Plumbing. The Narroways Road development opened officially on Friday 2nd July.

Eldora News - Baxi Group welcomes Welsh Boiler scrappage announcement – Eldora Gold Boiler News

Eldora Gold Boiler News - Baxi Group welcomes the announcement that Wales is to benefit from a boiler scrappage room scheme similar to that which has been running in England since 5 January 2010.  However, only people over the age of 60 will qualify for £500 towards the cost of a replacing an old, G rated boiler under the £2.5 million scheme.

Mark Kelly, CEO of Baxi Group UK and Ireland, said: "We are very pleased that another of the devolved countries has committed to helping people replace their old, inefficient boilers.  The Welsh scheme will be targeting over 60s, who they consider to be more vulnerable to fuel poverty.

"The scheme will help to cut fuel bills by around £235, as well as significantly reducing household carbon emissions.  And homes in off mains gas areas will have the opportunity to replace G rated boilers replaced with new, high efficiency, a rated LPG boilers or low carbon technologies such as biomass boilers.”   

The scheme will come into force on 1 April this year and the £2.5 million has been allocated for 2010/11.  In addition, £1.4 million will be invested in the Welsh Home Energy Efficiency Scheme, to help tackle fuel poverty in households by improving heating and insulation.

About Potterton Products

As one of the heating industry's leading innovators, Potterton has all the answers when it comes to high efficiency heating.  The Potterton Gold Combi HE A, for instance, boasts a two year parts and labour warranty, integral clock and a choice of flue systems for total freedom of boiler siting.

Potterton has a wide range of boilers that operate on natural gas or LPG.  The Potterton gas boiler range includes the Potterton Gold Combi 24HE, awarded a Best Buy by Which? Magazine.

Global warming and climate change are issues that Potterton is actively working to combat.  In line with increasingly tough environmental standards, we are developing products like our solar range to minimise the impact on the environment.

By replacing a boiler that is over 10 years old, you could save on your heating bills and reduce your impact on the environment.

Go for Gold - Potterton Gold product range extended – Eldora Gold Boiler News

Eldora Gold Boiler News - The popular Potterton Gold range of boilers has been extended to include system and heat only models, and a combi boiler specifically for LPG.  The new Potterton Gold Cylinder completes the collection room.

Building on the success of the Potterton Gold Combi HE, a 2010 Which? Best Buy, the new products offer installers a high quality choice of products suitable for practically every application.
The Potterton Gold System HE is available in outputs of 18, 24 and 28 kW, has a SEDBUK 2005 rating of 91.2% and is NOx Class 5 (the best).  It comes with a one piece pre-plumbing jig and integral filling loop to make installation quicker and easier, saving both time and money. 
Compact and manoeuvrable, the Potterton Gold H heat only boiler is small enough to be installed in a standard kitchen unit.  It is available in outputs of 15, 18 and 24kW and is fully modulating to ensure excellent fuel efficiency.  There's no wiring between the pump and boiler, saving installation time.
The Potterton Gold range of unvented cylinders has been designed to complement the new boiler ranges.  It is available in capacities of 100, 120, 150, 170, 210, 250 and 300 litres so there's a model for every heating system.
KIWA approved, the cylinders have a stainless steel inner vessel and thermoplastic coating to protect against corrosion and prolong life expectancy.  They are insulated with a 50mm layer of polyurethane CFC-free foam, giving enhanced heat loss performance.  They are simple to install and maintain, with all the controls and connections easily accessible at the front.  The coil-in-coil heat exchanger ensures rapid heat recovery and greater efficiency.
The Potterton Gold range of combi, system and heat only boilers are all SEDBUK 2005 <90% efficient and are backed by a two year warranty.  The Gold Cylinder has a one year parts and labour warranty and a 25 year warranty on the stainless steel vessel.  All warranties are subject to registration and, where appropriate, annual service.
For more information please visit http://www.pottertongold.co.uk/ or call 0844 871 1560.

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.

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.

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'' signaled 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.

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.  

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).

Eldora Gold Resources Initial GravSep Environmental Tests Provide Positive Results; Eldora’s First Step Toward Rehabilitating Tailings Ponds

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.

BENEFITS CHEAT’S BANK SCAM

A BENEFITS cheat who invented 11 ­children to claim £17,000 now faces jail for forging a bank statement to pretend she was paying back the cash.

Lisa Watson, 28, is already awaiting ­sentence for making fraudulent claims to benefit agencies.

She had been given a chance to pay back the money, but last month a sheriff ordered a police investigation into the repayments.

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His suspicion came about when Watson’s then solicitor, Diane MacFarlane, withdrew from representing her over doubts about the authenticity of information provided by her client.

The 28-year-old has now pleaded guilty to a new charge of attempting to pervert justice by uttering as genuine to her lawyer a forged bank statement.

It falsely showed payments she claimed to have made between May 9 and August 9, 2010.

She admitted this was done with the intention of misleading the court into accepting she had repaid more than she had.

Watson was 24 when she invented names and birthdays for 11 non-existent children, ranging in age from one to 13, including some said to be born just days apart.

Sheriff David Sutherland has previously warned her that she faced jail if the cash was not repaid and the case has been put off several times to allow Watson to prove she is making repayments. It was on this issue that her latest lawyer withdrew from representing her.

Watson had told HM Revenue and Customs she had 11 children to obtain £16,787. She carried out the fraud while she had only one child and, bizarrely, did not claim benefits for her real offspring.

About Eldora Gold Resources Canada: Tailings Processing Technology

Eldora Gold Resources Canada: Tailings processing is our operations division which provides a chemical free, environmentally friendly solution to the process of extracting minerals from tailings.

Eldora 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 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: 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.

About 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.