Message: AGORACOM Small Cap TV - June 20th - 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 20th, 2011, and we’ve found 3 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.
SPI Solar Awarded a 1.69 Megawatt Solar Energy Facility Project in New Jersey
SPI Solar ("SPI") (OTCBB:SOPW) a leading developer of photovoltaic ("PV") solar energy facilities ("SEF"), today announced that it has entered into an engineering, procurement and construction ("EPC") contract to serve as EPC contractor for a 1.69MW DC photovoltaic solar project in New Jersey. The system will be a roof-mounted distributed generation system for on-site power consumption. The project will be owned and operated by NuGen Capital Management, LLC ("NuGen"), through a NuGen wholly owned subsidiary.
The SEF being built by SPI will be connected to 5 independent meters serving tenants at the complex owned by North Jersey Development Group, Inc. Most recently, SPI worked with NuGen on the 5-megawatt White Rose Foods project currently under construction in New Jersey.
About Solar Power, Inc. (OTCBB:SOPW):
Solar Power, Inc. (SPI) is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services. Through the Company's close relationship with LDK Solar, SPI extends the reach of its vertical integration from silicon to system. From project development, to project financing and to post-construction asset management, SPI delivers turnkey world-class photovoltaic solar energy facilities to its business, government and utility customers. For additional information visit: www.spisolar.com.
Last Trade: 0.45952 Week: 0.62 – 0.15Market Cap: 43.66 Million
Passport Potash, Inc. Intersects Up to 25.75% KCL Potash Mineralization at Relatively Shallow Depths
Passport Potash, Inc. (TSX VENTURE: PPI)(OTCQX: PPRTF)
is pleased to report preliminary results from two core holes that have intersected significant potash deposits at relatively shallow depths in the Holbrook evaporite basin. According to chemical assay results obtained from Skyline Laboratories in Tucson, Arizona,
PPI2011-04 ("Core 1") intersected 9.5 feet (1463.0-1472.5 feet) of 12.29% KCL which includes a 4.0 foot (1465.5-1469.5 feet) interval containing 18.28% KCL.
PPI2011-6 ("Core 2") intersected 7.5 feet (1437.5-1445.0 feet) of 11.93% KCL within which includes a 2.5 foot (1439.0-1441.5 feet) interval containing 24.34% KCL.
Passport Potash President and CEO Joshua Bleak commented: "We are very pleased with the drill results we have received. These results are consistent with what we believed the deposit would be like based on the extensive historic data from this area of the basin and similarities to the deposit currently being mined in Carlsbad, New Mexico. Ultimately, the NI-4301 report will define the nature and extent of our resource. We are looking forward to the release of our initial resource report and further drill results in the coming weeks."
About the Holbrook Potash Project
Passport Potash Inc. is a TSX-listed resource company engaged in the exploration and development of advanced potash properties. Passport has acquired a strategic position in the Holbrook Basin with land holdings encompassing over 86,000 acres. In addition, Passport has a cooperative agreement with the Hopi Tribe, allowing the company to access and conduct certain exploration activities on an additional 12,853 acres of privately held Hopi land (not reservation) while allowing the tribe to share in the study results.
Last: 0.66Range: 1.86-0.055Market Cap: 82 million
Brigus Intersects 4165 gpt at New 147 Gold Zone at Black Fox Complex
Brigus Gold Corp. (NYSE Amex: BRD) (TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return excellent gold assays over significant widths within the new 147 gold zone ("147 Zone"), including 3.96 grams per tonne ("gpt") over 50.00 metres ("m") that included 6.82 gpt over 20.00 m. In addition, bonanza grade gold mineralization of 2078.73 gpt over 2.00 m that included 4165.15 gpt over 1.00 m, and 61.78 gpt over 4.0 m that included 243.43 over 1.0 m was intersected in the footwall side of the 147 Zone.
Highlights from continued drilling at the 147 Zone target include (all uncut, average gold grades over core length):
147 Zone
-- GF11-182: -- 0.92 gpt over 46.20 m; -- including 2.23 gpt over 15.00 m
-- GF11-191: -- 2078.73 gpt over 2.00 m; -- including 4165.15 gpt over 1.00 m; and
-- 61.78 gpt over 4.00 m; -- including 243.43 gpt over 1.00 m
-- GF11-192: -- 3.59 gpt over 17.00 m; -- including 5.42 gpt over 7.00 m; and
-- 3.34 gpt over 11.00 m; -- including 5.60 gpt over 6.00 m
-- GF11-194: -- 3.96 gpt over 50.00 m; -- including 6.82 gpt over 20.00 m
About Brigus Gold
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties, as well as the Black Fox Mill, in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus Gold holds a 100 percent interest in the Ixhuatan Project located in the state of Chiapas which is subject to a letter of intent with Cangold.
Last Trade: 1.5852 Week: 2.23 – 1.05Market Cap: 300 Million
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