Message: AGORACOM Small Cap TV - September 29th - 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 September 29th, 2011, and we’ve found 8 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.
Aquila Updates Progress at Reef Gold Project Including 9.26 Meters of 21.28 Grams Per Tonne Gold Intercept
Aquila Resources Inc. (TSX: AQA)(OTCQX: AQARF)(FRANKFURT: JM4A)
is pleased to provide an exploration update and report initial assay results at its 100% owned Reef Gold Project in Marathon County, Wisconsin, USA.
The summer drilling program has completed a total of 22 drill holes along two profiles in an effort to extend the known mineralized zones at Reef. The program has focused on identifying the continuation of near surface gold mineralization along strike and at depth.
Thus far, the southern extension has shown similar characteristics matching those of the main zones, as gold continues to occur in quartz stockwork veins and silicified breccia zones.
Initial highlighted assay results from the Reef Gold Project include:
-3.0 meters of 8.12 g/t gold in GBP-3 - 12.47 meters of 1.07 g/t gold in R11-6 - 10.50 meters of 1.70 g/t gold in R11-9 - 14.76 meters of 14.41 g/t gold and .30% copper in R11-11 Including 9.26 meters of 21.28 g/t gold and .33% copper
About Aquila Resources Inc.
Aquila Resources Inc. (TSX: AQA)(OTCQX: AQARF)(FRANKFURT: JM4A) is a mineral exploration and development Company focused on the discovery and advancement of high-grade base and precious metal projects in North America. The Company is rapidly expanding its presence in North America and moving towards an interest in production on its flagship Back Forty Project through a joint venture with HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) ("HudBay").
Last: 0.60Range: 1.18-0.40Market Cap: 50.3 million
VMS Reports 3.95 m of 9.31% Cu at Reed North in the Super Zone Property, Near Snow Lake, Manitoba
VMS Ventures Inc. (TSX VENTURE: VMS)
is pleased to announce follow-up results from the new copper zone discovery "Reed North" on its Super Zone property located 1.8 kilometres northeast of the Reed Copper deposit. The Super Zone is part of a parcel of four property packages adjacent to the Reed Copper deposit which are under option to HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) ("HudBay"). Reed North was previously referred to as the Super Zone Discovery.
HIGHLIGHTS -- Hole RLE021 Intersects 3.95 m of 9.31% Cu, 1.87% Zn, 3.59 g/t Au, and 35.53 g/t Ag -- Hole RLE022 Intersects 4.15 m of 2.16% Cu, 0.18% Zn, 0.71 g/t Au, and 8.01 g/t Ag
Neil Richardson, VMS' Chief Operating Officer states: "The drilling results and the follow-up borehole pulse electromagnetic surveys on the Reed North discovery support our interpretation that this is a highly prospective area. The mineralization is at, and around, bimodal volcanism. This is especially encouraging as it is the setting in which the larger deposits tend to be located, in VMS camps around the world."
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: 0.33Range: 0.85-0.29Market Cap: 40.7 million
Montviel's Core Zone Initial NI 43-101 Mineral Resource Comes Up Big: 183.9 Million Tonnes Indicated Averaging 1.45% TREO and 66.7 Million Tonnes Inferred Averaging 1.46% TREO
Geomega Resources Inc.(TSX VENTURE: GMA)
is pleased to announce the initial National Instrument 43-101 compliant mineral resource estimate of the Core Zone at its 100% owned Montviel's carbonatite rare earth elements (REE) property in Abitibi, Quebec.
Montviel's "Core Zone" base case resource estimate, using a Total Rare Earth Oxide (TREO) cut-off grade of 1.00%, hosts an Indicated mineral resource of 183,900,000 tonnes grading 1.45% TREO in addition to an Inferred mineral resource 66,700,000 tonnes grading 1.46% TREO. Highlights include at the base case 1.00% TREO cut-off grade:
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ResourceNd2O3 (KgPr2O3 (KgDy2O3 (Kg
CategoryTonnesin-situ)in-situ)in-situ)
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Indicated183,900,000446,000,000139,000,0004,190,000
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Inferred66,700,000160,000,00050,000,0001,650,000
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ResourceEu2O3 (KgY2O3 (KgNb2O5 (Kg
CategoryTonnesin-situ)in-situ)in-situ)
----------------------------------------------------------------------------
Indicated183,900,0009,000,00013,000,000 231,000,000
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Inferred66,700,0003,000,0005,000,000 94,000,000
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About the company
GeoMegA is a Quebec-based exploration company focused on the discovery and development of economic deposits of 21st century strategic metals.
Last: 1.80Range; 4.99-0.35Market Cap: 37.3 million
Timberline Resources Drills 62.5 Metres of 1.48 g/t Gold at Lookout Mountain; Expands South Eureka Drill Program
Timberline Resources Corp TBR
9/29/2011 8:00:01 AM
COEUR D'ALENE, IDAHO, Sep 29, 2011 (Marketwire via COMTEX News Network) --
Timberline Resources Corporation (TSX VENTURE:TBR)(NYSE Amex:TLR)
today announced significant assay drill results from its ongoing 30,000-foot drill program at the Lookout Mountain Project near Eureka, Nevada. These results are expected to substantially increase the Lookout Mountain NI 43-101 Measured and Indicated resource estimate(1) of 286,000 ounces of gold and the Inferred resource estimate(1) of 206,000 ounces of gold.
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FromLengthGoldFromLength GoldNaCN
Drill Hole(feet)(feet)(2) (opt)(3) (metres) (metres)(2) (g/t)(3) Recovery
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BHSE-0961052050.04332.0 62.51.4883%
About Timberline Resources
Timberline Resources Corporation is exploring and developing advanced-stage gold properties in the western United States. The Company is primarily focused on the goldfields of Nevada, where it is advancing its flagship Lookout Mountain Project toward a production decision while exploring a pipeline of quality earlier-stage projects at its South Eureka Property and elsewhere.
Last: 0.59Range: 1.44-0.59Market Cap: 32 million
Selwyn Resources Ltd.: Additional High-Grade Drill Results Confirm Expansion of XY West Deposit
Selwyn Resources Ltd.(TSX VENTURE:SWN)
is pleased to announce additional drill results from the XY West deposit at Selwyn Project, Yukon. These results, together with those announced September 6, 2011 news release, complete the assay results from the expansion area of the XY West deposit.
Highlights
--XYC-278 intersected 21.76 metres true thickness grading 8.90% zinc and
4.35% lead, including 2.47 metres grading 22.33% zinc and 12.40% lead;
--XYC-279 intersected 12.67 metres true thickness grading 10.27% zinc and
3.15% lead, including 2.47 metres grading 21.85% zinc and 6.81% lead;
and
--New drill holes in XY West deposit extend the strike length of high
grade mineralization in the XY area to more than 2500 metres.
About the company
Selwyn Resources Ltd. is a publicly traded, Canadian base metals exploration and development company. The company's core project is the World class Selwyn Project, located in eastern Yukon. The Selwyn Project has reactivated the Howard's Pass zinc-lead district, and since 2005 the company has invested approximately $90M to define Selwyn deposit as one of the largest undeveloped zinc-lead deposit in the world.
Last: 0.15Range: 0.39-0.15Market Cap: 58 million
Bohai Pharmaceuticals Group Reports 37.2% Increase in Revenue and 54.6% Growth in Net Income for Fiscal 2011
Bohai Pharmaceuticals Group, Inc. (OTCBB:BOPH) (OTCQB:BOPH), a China-based pharmaceutical company engaged in the production, manufacturing and distribution of modernized traditional Chinese medicine (TCM) in China, today reported financial results for the twelve months ended June 30, 2011.
Fiscal 2011 Financial Highlights:
-- Revenue increased 37.2% to $81.3 million in fiscal 2011 from $59.3 million in fiscal 2010 -- Gross profit increased 30.4% to $64.0 million versus $49.1 million for the fiscal 2010 -- Income from operations increased 42.1% to $18.3 million compared to $12.8 million in fiscal 2010 -- Net income was $14.0 million, or $0.75 per diluted share in fiscal 2011, versus $9.1 million, or $0.55 per diluted share in fiscal 2010 -- Non-GAAP net income increased 37.4% to $11.8 million, or $0.66 per diluted share, versus $8.6 million, or $0.52 per diluted share, in fiscal 2010
About Bohai Pharmaceuticals Group
Bohai Pharmaceuticals Group, Inc. (OTCBB:BOPH) (OTCQB:BOPH), is engaged in the production, manufacturing and distribution of modernized herbal pharmaceuticals based on Traditional Chinese Medicine in China. Bohai's medicines address common health problems such as rheumatoid arthritis, viral infections, gynecological diseases, cardio vascular issues and respiratory diseases.
Last Trade: 0.88 52 Week: 2.31 – 0.75 Market Cap: 15.66 Million
China New Media Announces Fiscal 2011 Year End Financial Results
China New Media Corp. (OTCBB: CMDI) (the "Company"), China's fast-growing advertising media company with current outdoor media network located in Dalian, Shenyang, Tianjin, Beijing and Shanghai, today announced its financial results for the fiscal year ended June 30, 2011.
Financial Highlights for the Year Ended June 30, 2011
Revenue increased 47% year-over-year to $20.6 million
Gross profit increased 42% to $11.6 million; gross margin was 56.4%
Net income increased 16% to $5 million or $0.18 EPS
China New Media has experienced sustainable business growth in recent years. From June 30, 2010 to June 30, 2011, the number of bus shelters and taxi stops increased from 764 to 790. For the same period, the number of buses that carry mobile advertisements increased from 335 to 336 and specifically the number of mobile displays through Dalian metro-trains increased from 28 to 32
Founded in September 2000, Dalian Vastitude Media Group Co., Ltd., now known as China New Media Corp., is headquartered in Dalian, the commercial center of Northeastern China. The company owns and operates the city's largest outdoor media network encompassing over 600 bus shelters furnished with billboards and displays; 130 taxi stops with displays; and 13 large-size billboards, including 3 large-size LED displays at major traffic conjunctions.
Last Trade: 0.32 52 Week: 2.00 – 0.25 Market Cap: 8.82 Million
Sen Yu International Holdings, Inc. Reports Fiscal 2011 Year End Results
Sen Yu International Holdings, Inc. ("Sen Yu International" or the "Company") (OTCBB: CSWG), a leading commercial hog breeder and supplier in Heilongjiang Province, the People's Republic of China, today announced its financial results for its fiscal year ended June 30, 2011.
Fiscal 2011 Highlights
-- Total revenue increased 41.8% to a record $99.8 million from $70.4 million -- Gross profit increased 84.6% year-over-year to $25.9 million from $14.0 million -- Gross margin increased to 26.0% from 20.0% on increased sales and strong increases in the average market price for hogs -- Operating expenses were $6.9 million, down 12.2% from $7.9 million in fiscal 2010 -- Operating income rose 207.4% to $19.0 million from $6.2 million in fiscal 2010 -- Adjusted net income, which excludes a gain in the fair value of warrants, increased 202.2% to $18.9 million, or $0.73 per diluted share, versus $6.3 million, or $0.41 per diluted share, for the same period last year, which excludes a non-cash expense related to the fair value of warrants for the fiscal year 2010 -- Net income increased to $36.1 million, or $1.40 per diluted share, from $4.3 million, or $0.29 per diluted share, for the fiscal year ended June 30, 2010 -- Working capital increased 189.6% to $59.2 million at June 30, 2011, from $20.5 million at June 30, 2010 -- Shareholders' equity inclusive of noncontrolling interest increased 166.5% to $59.8 million at June 30, 2011, from $22.5 million at June 30, 2010
About Sen Yu International Holdings, Inc.
Sen Yu International Holdings, Inc. (OTCBB: CSWG), through its subsidiaries, is the largest commercial hog breeder and supplier in Heilongjiang Province, the People's Republic of China (PRC). Founded in 2004 and based in Jiamusi City, the Company owns and operates two farms in Heilongjiang Province with an aggregate annual capacity of over 11,000 breeding hogs. For the fiscal year ended June 30 2011, the Company sold approximately 500,000 commercial hogs in the Beijing market.
Last Trade: 0.40 52 Week: 5.18 – 0.36 Market Cap: 9.78 Million
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