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Message: AGORACOM Small Cap TV - January 24th - Highlights

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 24, 2011, and we’ve found 5 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.

Continental Nickel Intersects More High Grade Sulphides Grading 2.28% Nickel and 0.57% Copper Over 17.25 Metres at the Sleeping Giant Zone on the Nachingwea Nickel Project, Tanzania

Continental Nickel Limited (TSX VENTURE:CNI)

report that it has received the final assay results from the remaining six diamond drill holes of its recently completed seven hole "Phase II" diamond drilling program at the newly discovered "Sleeping Giant" zone on the Nachingwea Project ("Nachingwea") in Tanzania.

Highlights include drill hole NAD10-226 which intersected a high grade sulphide interval grading 3.97% nickel and 0.16% copper over 4.7 metres, from within a wider interval grading 2.28% nickel and 0.57% copper over 17.25 metres, at the northern limit of drilling. NAD10-226 is located approximately 200 metres north along strike of drill hole NAD10-220, which as previously reported (Press Release December 13, 2010), also intersected a high grade sulphide interval grading 2.58% nickel and 0.41% copper over 23.3 metres, including 5.01% nickel and 0.77% copper over 9.3 metres. The Sleeping Giant zone remains open in all directions.

About the company

Continental Nickel (“CNI”) is a Canadian junior mineral exploration company focused on acquiring, exploring and developing quality, early stage nickel-copper sulphide exploration projects in geologically prospective, but under explored regions.

Last Sale: 1.20 52 Week Range: 0.34 - 1.49 Market Cap: 46.73M

Link to website

Cadillac Ventures Inc.: Third Thierry Hole Contains 2.02% Cu Over 21.98 Feet

Cadillac Ventures Inc. (TSX VENTURE:CDC)

pleased to announce the receipt of assays for the third hole (CV-10-04) at the Thierry Mine Project in Northwestern Ontario. Assays are highlighted below, including 2.02% Cu over 21.98 feet.

About Cadillac

Cadillac is a development-focused exploration company which has the past-producing Thierry Property near Pickle Lake in Northern Ontario, several exploration projects in Spain in joint venture with MATSA and three Canadian exploration projects, located in regions that have been historically active.

Last Sale: 0.2552 Week Range: 0.13 - 0.34 Market Cap: 20.94M

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Explorator Announces Highlights From the 2011 El Espino Updated Preliminary Economic Assessment-NPV of US$529 Million and IRR of 24.4%

Explorator Resources Inc. (TSX VENTURE:EXO)

highlights from an updated NI 43-101 compliant Preliminary Economic Assessment Technical Report on the El Espino project that has been undertaken on its behalf by AMEC International Ingenieria y Construccion Limitada ("AMEC"), (hereafter, collectively the "2011 AMEC Report").

Highlights from 2011 AMEC Report (with comparisons with 2009 Micon Report):

  • After-tax NPV (8%) and IRR: Base Case NPV8 of $529 million and 24.4% IRR, using long-term prices reverting to $2.40/lb copper and $1,000/oz. gold ($2.61/lb Cu or $2.62/lb including copper cathode premium and$1,059/oz Au average prices over the life of mine); $341 million NPV8 and 18.2% IRR at a flat prices of $2.40/lb Cu and $1,000/oz Au.
  • Mine Plan: Total payable LOM production increases to 1,621 million lbs Cu and 828,000 oz Au, from 1,467 million lbs and 755,000 oz. Au. Average annual payable production increases to 120 million lbs Cu and 61,000 oz Au over 13.5 years; from 79 million lbs and 40,000 oz over 19 years. Average annual production in Years 1-3 of 134 million lbs Cu and 71,000 oz. Au.
  • LOM Cash Costs: Base Case of $1.02/lb Cu from $1.06/lb, net of Au credit at an average of $1,059/oz. and $680/oz. respectively. Average Cash Cost for Years 1-3 of $0.66/lb, net of gold credit.
  • Measured and Indicated Mineral Resources: Increase to 144.8 million tonnes at 0.55% Cu, 0.22 g/t Au from 123.0 million tonnes at 0.66% Cu, 0.24 Au. Inferred Mineral Resources: increase to 85.4 million tonnes at 0.27% Cu, 0.15 g/t Au from 32.2 million tonnes at 0.60% Cu, and 0.19 g/t Au (2011 AMEC Report cut-off grades of 0.207% and 0.125% copper equivalent for oxides and sulphides respectively; 2009 Micon Report cut-off grades of 0.20% Cu for oxides and sulphides respectively).

ABOUT EXPLORATOR RESOURCES:Explorator Resources is a Canadian-based mining exploration company with a 49% interest in the El Espino Copper-Gold Project in Chile (the "Project"). Sociedad Punta del Cobre S.A. ("SPC") acquired the remaining 51% of the Project in March 2009 in return for an investment of up to US$18.5 million, with US$7.0 million used to exercise the option to purchase agreement on the Project and the remaining funds directed at the continued exploration and evaluation activities.

Last Sale: 0.68 52 Week Range: 0.36 - 0.80 Market Cap: 54.46M

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Orion Increases Proved + Probable Reserves 34% to 24.8 MMboe

Orion Oil & Gas Corporation (TSX:OIP)

announced today the results of its 2010 year-end oil and gas reserves evaluation conducted by GLJ Petroleum Consultants ("GLJ") and Sproule Associates Limited ("Sproule") as at December 31, 2010.

Highlights for year-end 2010 compared to year-end 2009 include:

* Proved reserves of 16.3 million ("MM") boe, an increase of 32%

* Proved plus Probable ("2P") reserves of 24.8 MMboe, an increase of 34%

* Oil and liquids account for 48% of 2P reserves

* Net Present Value of 2P reserves (discounted at 10% before tax) increased 32% ($106 MM), to $439 MM

* 2P reserve life index of approximately 12.6 years based on estimated fourth quarter 2010 production

* 2P Reserve Replacement Ratio of approximately 490%

About the company

Orion is a development focused oil and gas company, with a global mandate. We are constantly seeking out "deep value" concentrations of hydrocarbon reserves where we can utilize our best-in-class execution and operating skills to create value for our shareholders. We will go anywhere in the world to find these opportunities, though we will operate only in areas with predictable political, fiscal, and regulatory environments. We will explore, but only selectively, and as a complement to our primary emphasis upon development of established reserves.

Last Sale: 1.02 52 Week Range: 0.76 - 1.65 Market Cap: 296.49M

Link to website

Updated NI43-101 Mineral Resource Estimate Reports Significant Increase in Contained Ounces of Gold for the Destiny Gold Project near Val-d'Or, Québec

TSX: PFN OTCQX: PAWEF FSE: P7J

Pacific North West Capital Corp.

announce receipt of a draft of an NI43-101 Technical Report (the Report) including a new Mineral Resource Estimate for the DAC Gold Deposit on the Destiny Project located near Val d'Or, Quebec.

* Indicated Resource contains approximately 364,000 ounces gold

* Inferred Resource contains approximately 247,000 ounces gold

* DAC Deposit occurs at surface and is open in both strike and dip

* Awaiting assay results from the Phase 3 drilling program

About Pacific North West Capital Corp:

Pacific North West Capital Corp. is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. Management's corporate philosophy is to be a project generator, explorer and project operator with the objective of option/joint venturing projects with major and junior mining companies through to production.

Last: 0.14Range: 0.185-0.08Market Cap: 9.4 million

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