Full Text Posts Of Front Page Stories and Blog Posts On AGORACOM

Sponsored
Message: AGORACOM Small Cap TV - June 12th - 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 June 12th, 2012, and we’ve found 4 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 ... or click on the image below.

Stornoway Reports Initial 26.1 Million Carat Mineral Resource Estimate for the Qilalugaq Project, Nunavut

Stornoway Diamond Corporation (TSX:SWY)

is pleased to announce the filing on SEDAR of a National Instrument ("NI") 43-101 technical report representing the first Mineral Resource estimate for the Q1-4 kimberlite pipe located at Stornoway's 100% owned Qilalugaq Diamond Project in Nunavut, Canada. The Qilalugaq Diamond Project includes the Qilalugaq kimberlite pipes and the Naujaat system of kimberlite dykes, and has been the focus of ongoing exploration and assessment work by Stornoway since it was optioned and subsequently acquired from BHPB Billiton Diamonds Inc. ("BHPB") in July 2006 and July 2010, respectively.

Highlights of the NI 43-101 technical report include:

--a total Inferred Mineral Resource for the Q1-4 kimberlite pipe of 26.1

million carats from 48.8 million tonnes total content of kimberlite with

an average +1 DTC total diamond content of 53.6 carats per hundred

tonnes (cpht) extending from surface to a depth of 205m;

--additional resource upside has been identified in the form of a target

for further exploration for the Q1-4 kimberlite pipe of between 7.9 to

9.3 million carats from 14.1 to 16.6 million tonnes total content of

kimberlite with an average +1 DTC total diamond content of 56.1 cpht,

extending from 205m depth to 305m depth.

About Stornoway Diamond Corporation

Stornoway is a leading Canadian diamond exploration and development company listed on the Toronto Stock Exchange under the symbol SWY. Our flagship asset is the 100% owned Renard Diamond Project, on track to becoming Quebec's first diamond mine. Stornoway also maintains an active diamond exploration program with both advanced and grassroots programs in the most prospective regions of Canada. Stornoway is a growth oriented company with a world class asset, in one of the world's best mining jurisdictions, in one of the world's great mining businesses. Stornoway's diamond exploration programs are conducted under the direction of Robin Hopkins, P.Geol. (NT/NU), a Qualified Person under NI 43-101.

Last: 0.74Range: 2.46-0.71Market Cap: 102 million

Link to hub

Marban Western High Grade ZoneReturns 7.28 G/T Au Over 7.2 Metres

NioGold Mining Corporation (TSX-V:NOX) (OTCQX:NOXGF)

is pleased to report additional results from the Phase Two drilling program conducted under the terms of the earn-in option of Aurizon Mines ("Aurizon") on the Marban Block property, located in the Malartic gold camp, Abitibi region of Quebec. These results are in continuation of the previously very encouraging results of the Phase Two published previously (see news release of March 1st and April 26th).

Drilling highlights include:

-The best results from the in-fill drill holes on the WHGZ returned the following:

-5.13 g/t Au over 6.0 m on section 3700 at a vertical depth of 230 m (MB-12-282)

-4.67 g/t Au over 13.0 m on section 3675 at a vertical depth of 140 m (MB-12-284)

-26.10 g/t Au over 1.2 m, 7.28 g/t Au over 7.2 m and 39.50 g/t Au over 1.0 m on section 3650 at a vertical depth of 95 m, 125 m and 130 m respectively (MB-12-297)

About the company

NioGold Mining Corporation is a mineral exploration company focused on gold. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or region of the prolific Abitibi gold mining district Quebec. The Cadillac, Malartic and Val-d'Or mining camps have produced over 45 million ounces of gold since the 1930's and presently encompasses six producing gold mines including Osisko Mining's new Canadian Malartic operations. NioGold's land holdings within the Abitibi presently cover 130km2 and encompass four former gold producers, namely the Norlartic, Kierens (First Canadian), Marban and Malartic Hygrade mines that collectively produced 640,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.

Last: 0.355Range: 0.465-0.295Market Cap: 35.5 million

Link to hub

Mkango Resources Intersects Further Significant Zones of REE Mineralisation at Songwe Including 42.3 m Grading 2.1% TREO, 39.1 m Grading 1.9% TREO, and 47.3 m Grading 2.2% TREO

Mkango Resources Ltd. (TSX VENTURE:MKA)

is pleased to announce results for a further seven holes of the Stage 2 drilling programme at the Songwe project in Malawi. The results for the remaining 15 drill holes from the Stage 2 drilling will be announced as the analyses become available. Highlights from the new results are as follows:

 
PX017a39.1 m grading 1.9% TREO (0.0 - 39.1 m) including 13.5 m grading 3.6% TREO 
(0.0 - 13.5 m). Inclined hole (70 degrees).
-----------------------------------------------------------------------
 
PX01847.3 m grading 2.2% TREO (9.0 - 56.3 m), 13.6 m grading 2.1% TREO
(102.8 - 116.4 m), 99.8 m grading 1.2% TREO (125.6 - 225.4 m)
including 38.7 m grading 1.5% TREO (125.6 - 164.3 m). Inclined hole 
(70 degrees).
-----------------------------------------------------------------------
PX03396.8 m grading 1.6% TREO (4.2 - 101.0 m)(2) including 42.3 m grading
2.1% TREO (42.0 - 84.3 m). Inclined hole (60 degrees).

Mkango Resources Ltd.

Mkango's primary business is the exploration for rare earth elements and associated minerals in the Republic of Malawi. It holds, through its wholly owned subsidiary Lancaster, a 100% interest in two exclusive prospecting licenses covering a combined area of 1,751 km2 in southern Malawi. The main exploration target is the Songwe Hill rare earth deposit, which features carbonatite hosted rare earth mineralisation and was subject to previous exploration in the late 1980s.

Last: 0.32Range: 0.69-0.31Market Cap: 11.9 million

Riverstone Continues to Extend and Intercept Higher Grade Gold Results at Kao

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)

is pleased to report results from fifteen diamond core drill holes on the 100% owned Kao Deposit, which forms part of the company's flagship Karma Gold Project in Burkina Faso, West Africa. These holes are part of a program of drilling designed to confirm and extend the deposit to depth, upgrade the resource category and to collect material for metallurgical testing. (See Map on Website for the location of the holes: http://www.riverstoneresources.com/i/maps/120611-091112_Kao_Plan_MAP-lg.jpg).

Significant assay intervals in these core holes are as follows:

--2.58 g/t Au over 14 m in DD-11-060 
--2.10 g/t Au over 16 m in DD-11-059 
--2.03 g/t Au over 14 m in DD-11-064 
--1.62 g/t Au over 16 m in DD-11-055 
--1.60 g/t Au over 10 m, 1.42 g/t Au over 14 m and 1.20 g/t Au over 18 m
in DD-11-066 
About the company
Riverstone is active in Burkina Faso, West Africa, where it holds a portfolio 
of four high quality exploration projects covering in excess of 2,000 square kilometres.
Additional information about the Company and its activities may be found on the
Company's website at www.riverstoneresources.com and under the Company's
profile at www.sedar.com.
Last: 0.39Range: 0.77-0.30Market cap: 50.7 million

Link to hub

Share
New Message
Please login to post a reply