Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s January 20th, 2012, and we’ve found 2 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

Independence Gold Increases Resource Estimates for 3Ts Project, BC

Independence Gold Corp. (TSX VENTURE:IGO)

is pleased to announce an increased National Instrument ("NI") 43-101 compliant Inferred Resource estimate for three mineralized veins on its 100% owned 3Ts Project.

The 3Ts Project is located approximately 120 kilometres southwest of Vanderhoof and consists of twelve mineral claims covering approximately 4,583 hectares in the Nechako Plateau region of central British Columbia. The 3Ts Project covers an epithermal quartz-carbonate vein system within which more than a dozen individual mineralized veins, ranging up to 650 metres ("m") in strike length and up to 20 m in true width, have been identified.

The Tommy, Ted and Mint veins contain the Inferred Resources detailed below. These veins remain open at depth and along strike.

Using a 1 gram per tonne gold ("g/t") gold grade cutoff, the total Inferred Resource for the Tommy, Ted and Mint veins is 3,614,072 tonnes grading 3.39 g/t gold and 85.15 g/t silver for 394,383 contained ounces of gold and 9,894,835 contained ounces of silver.

The updated Inferred Resource estimates represent a significant increase from the historic NI 43-101 compliant Inferred Resource estimates at the 3Ts Project. The increase in the resource estimates is due to utilizing a lower cutoff grade, and incorporating the results of additional diamond drilling on the property (see the Company's NI 43-101 technical report filed on SEDAR December 23, 2011).

About Independence Gold

Independence Gold is a gold and silver exploration company, whose principal areas of interest are in central British Columbia and the White Gold District, Yukon Territory. Independence Gold is led by members of the management team previously with Silver Quest and maintains a portfolio of highly prospective projects. The Company's goals are to add shareholder value through project advancement, while evaluating early to advanced stage gold and silver projects for possible acquisition.

Last:0.31Range: 0.50-0.28Market Cap: 13.3 million

Alexis' Turnaround Plan on Track: Lac Herbin Produced 3,726 Ounces Gold in the Fourth Quarter; 2012 Production Guidance Established

ALEXIS MINERALS CORPORATION (TSX:AMC)(OTCQX:AXSMF)

is pleased to announce that in the fourth quarter of 2011, the Company milled 31,551 tonnes of ore at an average grade of 4.47 g/t Au with a recovery rate of 84.08% from its Lac Herbin Mine in Val-D'Or, Quebec. This produced 3,726 ounces of gold.

With these final figures for the fourth Quarter, Lac Herbin produced 10,197 ounces of gold from 80,417 tonnes of ore during 2011.

Progress of the Lac Herbin Turnaround Plan

In June, a re-engineered turnaround plan for Lac Herbin was introduced (Press Release dated June 8, 2011). The plan included intensive underground development, significant near mine exploration and improvement of the recoveries at the Aurbel Mill. The production results of the turnaround have led to a 44% increase in ore mined and milled from the third quarter to the fourth quarter of 2011. Gold production also increased by 39% quarter over quarter. Increasing recovery rates at the Aurbel mill remains an area of focus as operations moved into new areas, milling higher than average amounts of development ore, as well as encountered new styles of mineralization both leading to lower than expected recoveries.

About Alexis Minerals

Alexis Minerals Corporation is a Canadian publicly traded mining company concentrating on exploration and mine development. The Company is listed on the Toronto Stock Exchange ("TSX") under the symbol "AMC", and trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "AXSMF". Alexis Minerals is a dynamic and aggressive mining company operating in Canada's richest mining regions: Val-d'Or & Rouyn-Noranda, Quebec, and Snow Lake, Manitoba. Alexis continues production and exploration in the mineral rich Val-d'Or area with property covering over 1,000 km2. The Company also continues work on its newest property at the Snow Lake Mining Camp. Alexis is now in its third full year as a junior gold-producing company and gold production is a priority as the company targets mid-tier gold production levels.

Last: 0.045Range: 0.19-0.03Market Cap: 26.7 million

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