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 December 10th 2010, 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.

VMS Reports That the First Step Out Drill Hole at Reed Lake Has Intersected 10 Metres of 2.39% Copper 214 Meters Down Plunge of the Reed Lake Deposit

VMS Ventures Inc. (TSX VENTURE:VMS)

- announce that joint venture partner HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) has informed the Company that the first step out drill hole undertaken by the joint venture has been successful in intersecting massive sulphide mineralization approximately 214 meters down plunge from the deepest intersection previously drilled into the deposit.

Drill hole RLD-015 intersected 10.09 meters of massive sulphide in the Zone 10 horizon, which assayed 0.67 g/t Au, 5.20 g/t Ag, 2.39% Cu and 0.23% Zn. This massive sulphide mineralization indicates the zone remains open down plunge and up plunge toward the main deposit. The exploration drill will continue delineating this zone up-plunge towards known mineralization.

Two drills are currently operating on site at Reed Lake. One drill is conducting in-fill drilling on the deposit in preparation for a National Instrument 43-101 mineral resource estimate, which is expected to be completed in the first quarter of 2011. A second drill is drilling deeper exploration holes down plunge to the west of the deposit.

Neil Richardson, VMS' Chief Operating Officer states: "The success of the step out drill hole represents a major step forward in the advancement of our knowledge of the deposit and indicates that it may be significantly larger than previously thought. Drilling on the deposit prior to this step out hole intersected mineralization from within 50 meters of surface to a depth of approximately 450 meters from surface. The step out hole announced today takes the known extent of mineralization down to approximately 530 meters from surface and approximately 190 meters horizontally to the west of drill hole RD-08-71, where mineralization was previously known to exist."

About VMS Ventures Inc.

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba.

Last:0.43 Range: 0.49-0.20 Market Cap: 49.66 million

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Laurion Intercepts 7.62 Meters of 28.6 g/t Silver and 3.37 g/t Gold and Continues to Expand Mineralization at Bell Mountain

Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF)

to announce the RC ("reverse circulation") drill results for holes BMG-31 to BMG-44 from the Company's 56 hole drill program at its 100% owned Bell Mountain Project located in Churchill County, Nevada.

A total of 11,220 feet (3,421 meters)of RC drilling was completed on the Varga Zone in holes BMG-1 to BMG-42 and BMG-44, and a total of 3,020 feet (921 meters) was completed on the Spurr Zone in holes BMG-43 and BMG-45 to BMG-56. Assays from drill holes BMG-45 through BMG-56 are pending and shall be released upon availability. Highlights from these 14 drill holes include 7.62 meters grading 3.37 g/t gold and 28.6 g/t silver

Summarizing the recent drill results from the Varga zone, Cynthia Le Sueur-Aquin, President of Laurion Mineral Exploration Inc. states, "This drill program has been most successful in substantially increasing the size of the Varga zone and confirming the grades of the historic drilling in the main Varga zone. The drilling has expanded the body of heap-leach grade mineralization to an additional 12 to 30 meters as well as extended the zone both to the East and West for 20 to 30 meters. The drilling was also successful in identifying and delineating the economically significant South Fault mineralization along the southern boundary of the main Varga Zone. Drilling of the western 200 meters of the Varga deposit clearly defined the extent and continuity of similar heap-leach grade mineralization from sampled cross-cuts in the Varga adit to outcropping mineralization 75 meters above at the surface, indicating that the mineralization persisted for at least 25 meters below the adit level."

About Laurion Minerals Exploration Inc. The Corporation's focus is to make the transition from explorer to near-term producer and envisages the realization of shareholder value and wealth through monetization of its discoveries and assets. Laurion's exploration horizons are focused primarily on gold with a secondary interest in base metals and PGEs with key interests in prospective mining properties located in Ontario and Churchill County, Nevada USA.

Last: 0.10 Range: 0.15-0.04 Market Cap: 6.4 million

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