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 15th 2010, 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.

China Armco Metals Ships $17.1 Million in Iron Ore for Its Trading Business

SAN MATEO, CA--(Marketwire - 12/15/10) - China Armco Metals, Inc. (AMEX:CNAM - News) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China, today provided an update on its trading business.

Through November 30, 2010, China Armco has secured and shipped three orders to deliver iron ore to trading firms serving iron and steel producers in China. The orders include a combined volume of 112,000 tons with an aggregate value of approximately $17.1 million.

About China Armco Metals, Inc.

China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and has entered the recycling business with the recent launch of operations of a 1 million ton per year shredder and recycler of metals located on 32 acres of land. China Armco maintains customers throughout China which includes the fastest growing steel producing mills and foundries in the PRC. Raw materials are supplied from global suppliers in India, Hong Kong, Nigeria, Brazil, Turkey and the Philippines. China Armco's product lines include ferrous and non-ferrous ore, iron ore, chrome ore, nickel ore, copper ore, manganese ore, magnesium and steel billet. The recycling facility is expected to be capable of recycling one million metric tons of scrap metal per year which will position China Armco as one of the 10 largest recyclers of scrap metal in China. China Armco estimates the recycled metal market in China as 70 million metric tons. For more information about China Armco, please visit http://www.armcometals.com.

Last Trade: 2.90952 Week: 11.10 – 2.75Market Cap: 44.17 Million

TechPrecision Corporation Receives $1.0 Million Defense Contract Order

Techprecision Corporation

TPCS | 12/15/2010 8:00:00 AM

NAVSEA Certification Essential to the Contract Win

WESTMINSTER, Mass., Dec. 15, 2010 /PRNewswire via COMTEX News Network/ --

TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that it has received a $1.0 million defense contract order from a long-time customer for precision fabricated and machined components that requires the NAVSEA certification. The order is expected to commence production in first quarter of calendar 2011.

About TechPrecision Corporation

TechPrecision Corporation, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., globally manufactures large-scale, metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy (Solar and Wind), medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end global service provider to its customers by furnishing customized and integrated "turn-key" solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing. To learn more about the Company, please visit the corporate website at http://www.techprecision.com. Information on the Company's website or any other website does not constitute a part of this press release.

Last Trade: 1.2952 Week: 1.30 – 0.601Market Cap: 18.43 Million

Pelangio Exploration Intersects 1.11 g/t Gold Over 43 Metres at Nfante West on the Manfo Property

Second Phase Drilling Defines Strike Length at Nfante West Up to 180 Metres

Pelangio Exploration Inc. (TSX VENTURE:PX)(OTCBB:PGXPF)

announce results from three additional diamond drill holes totaling 487 metres at Nfante West on the Manfo Property in Ghana. Highlights of the drill results reported today include:

• 1.20 grams per tonne (g/t) gold over 12 metres in SFDD-095, starting from 12 metres down-hole in oxidized bedrock, or saprolite;
• 1.11 g/t gold over 43 metres in SFDD-096, starting from 64 metres down-hole in unoxidized bedrock, or sulphide, directly beneath the mineralization intersected in SFDD-095;
• SFDD-095 and -096 confirm extension of mineralization intersected in -079 (1.5 g/t gold over 61 metres) by over 100 metres along strike with potential for 180 metre extension of total strike to hole -082 (0.91 g/t gold over 40 metres) (see press release dated September 7, 2010), with the target remaining open along strike to the northeast and at depth;
• Assays pending on further seven holes from Nfante West with second phase drilling ongoing at Pokukrom East.

About Pelangio

Pelangio is a junior gold exploration company that acquires and explores camp-sized land packages in world-class gold belts, while using innovative corporate restructuring to maximize shareholder value. Pelangio's 100 square kilometre Manfo Property, which lies on the Sefwi greenstone belt between the Ahafo and Chirano mines, respectively operated by Newmont and Kinross, is the site of recent near-surface discoveries on four separate targets, including 36.21 g/t gold over 9 metres, 24.7 g/t gold over 5 metres; 1.5 g/t gold over 61 metres and 0.95 g/t gold over 33 metres. The Company is also actively exploring its 290 square kilometre Obuasi Property, located on strike and adjacent to AngloGold Ashanti's Obuasi Mine, which has produced over 30 million ounces of gold since 1897.

Last Sale: 1.0052 Week Range: 0.15 - 1.31Market Cap: 121.83M

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ATAC Resources Ltd. Intersects 32.64 Metres of 8.91 g/t Gold at the Tiger Zone-Rau Gold Project-Yukon

ATAC Resources Ltd. (TSX VENTURE:ATC)

report final 2010 drill results from the Tiger Zone on its wholly-owned Rau Gold Project in Central Yukon. The Tiger Zone is located 100 km west of ATAC's recent discovery of Carlin-type mineralization at the Osiris gold target within the Nadaleen Trend (see November 30, 2010 news release).

Highlights from the Tiger Zone drilling include:

• 5.57 g/t gold over 75.76 m starting at 12.02 m in hole Rau-10-94
• 3.70 g/t gold over 82.30 m starting at 7.01 m in hole Rau-10-124
• 8.91 g/t gold over 32.64 m starting at 29.87 m in hole Rau-10-132

"The Tiger Zone infill drilling is very encouraging as it confirms the high-grade gold mineralization and excellent continuity of the near-surface, blanket-like oxide portion of the deposit," states Graham Downs, ATAC's CEO. "Drill hole density from this season's program will enable the Company to have an independent NI 43-101 compliant resource estimate on the Tiger Zone carried out. Completion of this estimate is anticipated in the third quarter of 2011."

About

ATAC Resources Ltd. (ATC:TSX-V) is a closely held junior exploration company aggressively exploring for gold in Yukon, Northwest Territories and British Columbia.

The Company's corporate philosophy is to maximize shareholder value by identifying and acquiring grassroots and early-stage gold prospects. The company's management team and board of directors include geologists and engineers with over 160 years of collective exploration experience in western Canada.

Last Sale: 6.30 52 Week Range: 1.19 - 9.00 Market Cap: 571.66M

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Gold Canyon Intercepts 353 Meters at 1.17 Grams per Tonne Gold at Springpole Gold Project

Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF)

announce that hole SP10-026 has intersected 353 meters at 1.17 grams per tonne gold including 66 meters at 2.38 grams per tonne gold in the Portage Zone. Another hole, SP10-025, intersected 3 meters at 16.08 grams per tonne gold and 1 meter at 45.00 grams per tonne gold in the Main Zone

The Springpole Gold Project is 100% controlled by the Company and is located in the Red Lake Mining District of Ontario, Canada.

• Hole SP10-026, 353 meters at 1.17 grams per tonne gold (1,158 feet at 0.034 oz per ton gold) including 66 meters at 2.38 grams per tonne gold (216 feet at 0.069 oz per ton gold), was collared approximately 60 meters northeast of SP10-007 (217 meters at 1.57 grams per tonne gold announced in news release dated August 16, 2010)

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Last Sale: 2.37 52 Week Range: 0.15 - 2.76 Market Cap: 174.15M

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