AGORACOM Small Cap TV - November 30th - Highlights
posted on
Nov 30, 2011 09:43AM
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 November 30th, 2011, and we’ve found 5 great press release 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.
Champion Minerals Intersects 124 m of Specular Hematite-Rich Iron Formation Grading 34.1% Total Iron at the O'Keefe-Purdy Project, Near Fermont, Quebec
CHAMPION MINERALS INC. (TSX:CHM)(FRANKFURT:P02)
is pleased to provide assay results from fifteen of twenty-three drill holes completed on the Company's O'Keefe-Purdy Project, located approximately 20 km northwest of the Company's flagship Fire Lake North Project in the Fermont Iron Ore District, Quebec.
Drill hole OP11-06, located at the historic Nord-ouest Occurrence intersected 124 metres of specular hematite-rich iron formation grading 34.1% Total Iron ("FeT") and includes a 109 m interval grading 37% FeT. Drill Hole OP11-08, located 200m along-strike of hole OP11-06, intersected 155.6 m grading 29.7% FeT including an 87.4 m interval grading 37.1% FeT.
About Champion Minerals Inc.
Champion Minerals is an iron ore exploration and development company with offices in Montreal and Toronto, and is focused on developing its significant iron ore resources in the provinces of Quebec and Newfoundland & Labrador. The Company's projects include: the Fermont Holdings in Quebec, jointly held by Champion (82.5% interest) and Fancamp Exploration Ltd. (17.5% interest); and the Attikamagen Iron Property in Quebec and Labrador. Champion's Fermont Holdings, including the flagship Fire Lake North Project, are located in Canada's major iron ore producing district, in close proximity to three producing mines. Champion's team and advisory board includes mining and exploration professionals with substantial iron ore expertise to effectively advance the Fire Lake North Project into production.
Last: 1.20Range: 3.30-0.72Market Cap: 105.6 million
Sulliden Intersects Gold and Silver in First North Corridor Holes and Continues Mineral Growth in Central Corridor With 1.61 g/t Gold Over 64.5 Metres
Sulliden Gold Corporation Ltd. (TSX:SUE)(OTCQX:SDDDF)(BVLAC:SUE)
is pleased to announce initial assay results from the North Corridor exploration program that began in late August, as well as continued positive results from the Central Corridor on its Shahuindo property in northern Peru.
North Corridor
Results from the first six drill holes in the North Corridor represent approximately 1,450 meters of a 5,000 metre drill program planned for completion by year end, which is designed to test and improve the geological understanding of this large exploration target (See complete list of drill results in Table 1 and collar locations in Figure 1). The Company views the initial stage of exploration in the North Corridor positively, with results that include grades and widths that are comparable to those found in the Central Corridor. Drill intercept highlights in the North Corridor include, 1.24 g/t gold and 34.8 g/t silver over 8.2 meters from hole SHN11-307.
About Sulliden
Sulliden is a Canadian-based precious metals company focused on the exploration and development of the Shahuindo Gold and Silver Project, located in a prolific gold producing district in northern Peru. This project neighbours world class mines, including Barrick Gold's Lagunas Norte Mine 30 kilometres to the south and the Yanacocha Mine operated by Newmont Mining Company 80 kilometres to the north. A positive Preliminary Assessment for the Shahuindo Project was completed in February 2010 and a Feasibility Study is currently underway. On June 16, 2011, an updated mineral resource estimate more than doubled the Indicated gold ounces in the oxides and almost quadrupled the Inferred gold ounces relative to the 2009 year-end estimate.
Last: 1.52Range: 2.78-1.39Market Cap: 325 million
CuOro Exploration Tunnel Demonstrates Mineralization 300m Along Strike of Massive Sulphide Outcrops Returning Sample Grades Up to 5.14% Copper Over 1 Meter Sample Width at Santa Elena
CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC)
is pleased to announce that is has completed a systematic geological mapping and sampling program within the Santa Elena Exploration Tunnel, located on the company's 100% owned Santa Elena Project, in the Department of Antioquia, Colombia.
Highlights:
About CuOro Resources Corp.
CuOro's growth strategy has been to identify mineral properties that have significant potential to develop large scale resources in well-established and mining friendly districts such as Colombia. Management looks to leverage its exploration and development expertise to bring additional resources and value to shareholders and to reduce development risk and expense through its focus on community relations, corporate and social responsibility. With approximately $19 million in the treasury, the Company will continue to look for additional opportunities that can bring value to the Company and its shareholders through its approach to business. The company is committed to upholding the highest environmental and social standards while focusing on delivering the financial growth its shareholders expect.
Last: 1.32Range; 2.65-0.67Market Cap: 40 million
Rogue Resources Intersects 141 Meters of 41% Iron at Radio Hill Iron Project in Timmins, Ontario
Rogue Resources Inc. (TSX VENTURE:RRS)
is pleased to announce the first results from Phase 1 drilling on its Radio Hill Iron ore project ("Radio Hill") near Timmins, Ontario. The Radio Hill property is transected by a heavy gauge portion of the CN Rail mainline with an active rail siding. There is power and water in the immediate vicinity and highway 101 to Timmins is located only 8 km to the north of present drilling. In addition to the 5 km strike length of the Radio Hill formation the property contains a 12 km long magnetic feature known as the Nat River iron formation which is easily identified in both Company geophysical and government geological maps. The Nat River iron formation has not been explored aside from 6 drill holes in a concentrated area in 1960.
-141 Meter Intersection Includes 62 Meters of 49% Iron and Davis Tube Weight Recovery (DTWR) of 39% - Thicker Sections of Iron Formation to Be Targeted in Phase Two Drilling, Commenced This Week - Historical Concentration Tests Indicate the Potential Ability to Produce a High-Grade Concentrate of 68.3% (Neal and Ridell 1965, pg 53a) Iron With Minimal Contaminants - Drilling Focused on 5km Radio Hill Iron Formation, Property Also Contains 12km Long Nat River Iron Formation - First Drill Program Since 1965: Total Iron Content Noticeably Higher Than Historically Reported Acid-Soluble Iron Content
ABOUT ROGUE RESOURCES
Rogue Resources is an iron exploration and development company with offices in Vancouver BC, and Timmins, ON. The Company has 36.9 million shares outstanding and approximately $2.5M in cash. The Company's primary asset is its Radio Hill Iron Project located 85km southwest of Timmins, Ontario.
Last: 0.19Range: 0.48-0.135Market Cap: 7 million
Balmoral Intersects 4.24 g/t Gold Over 22.59 Metres at Martiniere West-Expands High Grade Zone to Over 380 Metres Along Strike
Balmoral Resources Ltd. (TSX VENTURE:BAR) -
Balmoral Resources Ltd. ("Balmoral" or the "Company") today reported additional results from the Company's Martiniere West Gold Zone fall 2011 expansion drilling program. Results were highlighted by hole MDW-11-41 which returned a high-grade core intercept of 4.24 g/t gold over 22.59 metres including a Main sub-zone intercept of 29.02 g/t gold over 1.39 metres. This high-grade core is located within a broadly mineralized zone which returned 0.84 g/t gold over 164.00 metres - the broadest gold mineralized intercept to date from the West Zone.
•Broadest Intercept to Date Returns 164.00 Metres @ 0.84 g/t Gold
•West Zone Remains Open in All Directions
•New Gold Bearing Structure + Potential Extension of Deep Footwall Zone Intersected
About Balmoral Resources Ltd. - www.balmoralresources.com
Balmoral is a Vancouver-based precious metal exploration and development company focused on district scale gold opportunities in North America. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery.
Last: 0.79Range: 1.88-0.50Market Cap: 52 million
UNR Holdings Announces Third Quarter 2011 Financial Results
UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a U.S. corporation operating its business through a majority-owned (68.83%) subsidiary, Open Joint Stock Company 494 UNR, a construction, development and infrastructure services company organized and existing under the laws of the Russian Federation, with its principal offices located in Bronnitsy, a near suburb of Moscow, today announced its financial results for the third fiscal quarter ended September 30, 2011. Summary financial data is provided below:
Third Quarter 2011 Financial Highlights
Nine Months Financial Highlights
About UNR Holdings, Inc.
UNR Holdings is a holding company that has a 68% ownership in its subsidiary, 494 UNR. 494 UNR is a diverse construction company with more than 40 years of success serving the Russian construction market. The Company specializes in housing and commercial construction developments. UNR also supplies and oversees the installation of its proprietary road and slopes stabilization material Prudon to infrastructure projects in various parts of Russia