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 5, 2011, 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.

Magellan Drills 108.5m @ 0.93g/t Gold at Central Target, Cuiu Cuiu and Extends Mineralization to 350m Below Surface

Magellan Minerals Ltd. (TSX VENTURE:MNM)

report the results for six additional diamond drill holes which were recently completed at the Central target at the Cuiu Cuiu project.

The six holes reported here were designed to test the down-dip continuity of the northern part of the mineralized structure at Central between 50 and 70m vertically below previous drill intersections (see figures on website atwww.magellanminerals.com).

Drill hole 99 was drilled 52m SE of hole 55 (136.2m @ 0.91g/t), and returned 108.5m @ 0.93g/t from 199.0m to 307.5m including 53.0m @ 1.63g/t gold. This hole extended the mineralized zone vertically another 55m below the previous intersection.

About the company

Magellan Minerals Ltd. is a well financed Canadian-based junior exploration company focused on mineral exploration and development in the state of Para in northern Brazil.

Last Sale: 1.65 Change: 52 Week Range: 0.60 - 1.87 Market Cap: 143.21M

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Vena Discovers 115 Metre Extension at Azulcocha Polymetallic Mine in Peru Including an 11.65 Metre Drill Intersect Containing 25.2% Zinc and 3% Lead

Vena Resources Inc. (TSX:VEM)(LIMA:VEM)

announce the ongoing underground drill program at the Azulcocha mine has discovered an extension of the mineralized breccia from level -40 down to level -155. The mine was historically thought to diminish at level -40 but remain open along strike. The discovery of an additional 115 metres of the mineralized breccia structure (assays pending from completed holes 8 through 15) should increase the known resource base.

Highlights

Hole AZMDDHM10005 -11.65 Metre Drill Intersect Containing 25.2% Zinc and 3% Lead

About the company

Vena Resources Inc. is a Canadian mining company focused on the exploration and development of Peru’s mineral potential.

Last Sale: 0.5452 Week Range: 0.18 - 0.56 Market Cap: 51.46M

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XZERES Expands Global Reach With Signing of First European Order, the Opening of Its European Subsidiary and Completion of CE Mark Status

designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW), today announced the opening of its European Subsidiary, XZERES Wind Europe Ltd. along with its first European order to be delivered to the U.K. marketplace. In addition, the company is pleased to announce completion of its CE Mark, a critical certification for the European market.

"We are pleased to be reporting significant progress with our initial European efforts, which are part of XZERES' long-term plans to be a major, global player in the small wind industry," stated Frank Greco, CEO. "We now have a local office, delivery logistics in place, CE Mark status, and sales people on-the-ground, in-country and are prepared to take advantage of the many lucrative markets that exist throughout Europe."

First European Order Received: XZERES is also pleased to be announcing its first order, for multiple units, to be delivered into the U.K. market. "The U.K. market is very attractive and a key focus of ours due to its excellent wind resources throughout many parts of the country combined with one of the best feed-in-tariffs in the world," commented Mr. Greco. "We have high expectations for this geographic area and are excited to be now operating and selling into this market."

About XZERES Wind Corp.:
XZERES Wind Corp designs, develops, manufactures and markets distributed generation, wind power systems for the small wind (2.5kW-100kW) market. Our grid connected and off grid wind turbine systems, which consist of our 2.5kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. Our wind power systems are focused on distributed energy, where a specific machine's energy output is largely or entirely used on-site where the equipment is installed, as well as grid connected applications.

Last Sale: 2.00 Change: 52 Week Range: 0.50 - 5.35 Market Cap: 26.56M

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