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 Aug 2nd, 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.

Avion Gold Djambaye II Zone, Tabakoto Project, Mali, Returns High Grade Intercepts of 7.56 g/t Au Over 7.0 Metres and 26.39 g/t Au Over 3.0 Metres

Avion Gold Corporation (TSX: AVR)(OTCQX: AVGCF)

is pleased to announce the results from an additional 72 drill holes totaling approximately 6,467 metres completed over a 3.2 kilometre section of the Djambaye II zone 2011. Drilling continued to test the Djambaye II zone both along strike and to a maximum depth of 100 metres. The Djambaye II zone remains open along strike and to depth. Management expects that these new drill intersections will result in both the upgrading of inferred open pit mineral resources to measured and indicated mineral resources and to add to the currently defined inferred mineral resources. An additional 163 holes totaling 16,750 metres are planned in the Djambaye II area. The opportunity exists to more than double the open pit reserves in and near the Djambaye II zone through additional drilling.

Current Djambaye II open pit probable reserves total 707,000 tonnes grading 3.65 g/t Au totaling 83,100 ounces (Avion news release July 5, 2010). Open pit inferred mineral resources total 1,595,000 tonnes grading 3.30 g/t Au totaling 169,200 ounces and underground inferred mineral resources total 950,000 tonnes grading 3.43 g/t Au totaling 104,700 ounces. A review of the model open pit reserves indicates that the current open pit model can be improved through additional drilling as in almost all cases the modeled pit depths were defined, not by a lack of mineralization, but by insufficient drilling to define measured and indicated resources.

Significant results include the following:

--7.56 g/t Au over 7.0 metres

--7.45 g/t Au over 5.0 metres

--13.92 g/t Au over 2.0 metres

--4.96 g/t Au over 5.0 metres

--10.69 g/t Au over 3.0 metres

--5.76 g/t Au over 5.0 metres

--83.96 g/t Au over 1.0 metre

--6.47 g/t Au over 5.0 metres

--26.39 g/t Au over 3.0 metres

--6.11 g/t Au over 8.0 metres

About Avion Gold Corporation

Avion is a Canadian-based gold mining company focused in West Africa that holds 80% of the Tabakoto and Segala gold projects in Mali. Gold production commenced at these projects in 2009 with approximately 51,290 ounces produced. 2010 production was 87,630 ounces of gold.

Last: 2.00Range: 2.55-0.44Market Cap: 813 million

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Dacha Reports 2010 Year End Net Income of C$0.33 Per Share

Dacha Strategic Metals Inc.

(TSX VENTURE:DSM)(OTCQX:DCHAF)

is pleased to announce that it has released its financial results for the fiscal year ended March 31, 2011. For more information please see the Company's annual financial statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com.

Dacha reported net earnings of $23.6 million or $0.33 per share for the year ended March 31, 2011 from total revenue of $30.2 million ($27.5 million from gain on its metal investments and $2.9 million from gain on investments). For the twelve months ending March 31, 2010, Dacha reported net loss of $1.9 million or $0.10 per share from total revenue of $1.0 million ($0.4 million from gain on its metal investments and $0.5 million from gain on investments).

As of March 31, 2011, its metals inventory, which had an initial cost base of $18.6 million, had an estimated market value of $40.6 million. During the year then ended, Dacha purchased a total of $27.6 million of metals and executed trades of $19.0 million of metals for realized profit of approximately $6.0 million as at fiscal year end.

Scott Moore, President and CEO of the Company, commented: "2010 was a very strong year for Dacha. We have seen remarkable gains in our inventory based on significant price appreciation of our underlying metal inventory. We have a focused strategy of stockpiling heavy Rare Earths and these financial results indicate that we have ultimately been rewarded in that strategy."

About Dacha

Dacha Strategic Metals Inc. is an investment company focused on the acquisition, storage and trading of strategic metals with a primary focus on Rare Earth Elements. Dacha is in the unique position of holding a commercial stockpile of Physical Rare Earth Elements. Its shares are listed on the TSX Venture Exchange under the symbol "DSM" and on the OTCQX exchange under the symbol "DCHAF".

Last: 1.02Range: 1.20-0.33Market Cap: 78 million

Quaterra Announces Multi-Ounce Gold Intercepts by Partner Grande Portage at Herbert Glacier in Alaska

Quaterra Resources Inc. (NYSE Amex: QMM)(TSX VENTURE: QTA)

today announced that numerous multi-ounce gold samples have been intercepted in initial 2011 drill-holes completed by Grande Portage Resources Ltd., its partner and operator at the Herbert Glacier gold project located near Juneau, Alaska.

Three holes drilled by Grande Portage at a due south azimuth from a single platform located near the west end of the Deep Trench vein all intersected visible gold mineralization.

Hole 11E-2, drilled at an angle of minus 62 degrees, intersected 15.27 meters (true width 8.76 meters) averaging 1.08 oz/ton gold beginning at a downhole depth of 137.10 meters. This interval includes the following higher grade zones:

-- 1.07 meters of 6.57 oz/ton gold beginning at a downhole depth of 147.07 meters. -- 1.56 meters of 4.13 oz/ton gold beginning at a downhole depth of 148.14 meters. -- 0.26 meters of 2.39 oz/ton gold beginning at a depth of 150.57 meters.

Hole 11E-1, drilled at a minus 45-degree angle, intersected 8.82 meters (true width 6.95 meters) averaging 0.42 oz/ton gold beginning at a depth of 107 meters. Three higher grade zones include :

-- 0.33 meters of 1.50 oz/ton gold beginning at a downhole depth of 110.92 meters. -- 0.91 meters of 1.40 oz/ton gold beginning at a downhole depth of 111.25 meters. -- 0.47 meters of 1.02 oz/ton gold beginning at a downhole depth of 114.60 meters.

About the company

Quaterra Resources Inc. (NYSE Amex: QMM)(TSX VENTURE: QTA) is a junior exploration company focused on making significant mineral discoveries in North America. The Company uses in-house expertise and its network of consultants, prospectors and industry contacts to identify, acquire and evaluate prospects in mining-friendly jurisdictions with the potential to host large and/or high-grade base and precious metal deposits.

Last: 1.33Range: 2.21-1.10Market Cap: 190 million

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