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 March 21st, 2012, 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.

Anaconda's Pine Cove mine has record fiscal Q3 2012: 3,277 ounces of gold sold and nearly $5.6M in revenue

Anaconda Mining Inc.- (TSX: ANX)

is pleased to announce certain financial and operating results from the fiscal third quarter ended February 29, 2012. The Company sold 3,277 ounces of gold and generated $5,558,524 in revenue at an average sales price of $1,696 per ounce. The third quarter sales volume and revenue were approximately 51% and 47% greater than the second quarter sales volume and revenue, respectively.

President and CEO, Dustin Angelo, stated, "The third quarter was another record quarter and demonstrates our continuous operational improvement. The ramp-up from the previous quarter wherein we made modifications to the mill had an immediate impact on production during this quarter. Operator experience and other tweaks in the mill have also made production more consistent, resulting in a steady improvement in gold recovery. By February, overall mill recovery was up from historical averages of around 80% to 83%, and sales volume was 1,252 ounces, the largest single month output for Pine Cove."

ABOUT ANACONDA

Headquartered in Toronto, Canada, Anaconda is a growth oriented, gold mining and exploration company with a producing asset located on the Baie Verte Peninsula in Newfoundland, Canada called the Pine Cove mine.

Last: 0.105 Range: 0.12-0.065 Market Cap: 18.5 million

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Golden Star Resources Announces Positive Preliminary Economic Assessment for Prestea Underground Mine

Golden Star Resources Ltd. (NYSE Amex: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company")

is pleased to announce the completion of a Company authored Preliminary Economic Assessment ("PEA") of the West Reef orebody of the Prestea Underground Mine. The Company plans to file a PEA document that is compliant with National Instrument 43-101 within 45 days. The Board of Directors has approved the PEA and has directed management to proceed to a full feasibility study. All references herein to "$" are United States dollars.

Highlights:

West Reef has an Indicated Resource of 874,000 tonnes grading 18.07 grams per tonne (g/t) for 508,000 ounces of gold (Au) and the orebody is open along strike and down dip

The PEA contemplates a 1,200 tonnes per day operation from mechanized mining to produce 90,000 ounces of gold per year at full operation Ore will be processed at the Bogoso oxide processing plant

Life-of-mine cash operating costs (before royalty and taxes) are estimated at $650 to $700 per ounce

Capital cost, including a decline and hoisting shaft, are estimated at approximately $115 million

Net present value at $1,500/oz Au and 5% discount rate is $134 million (pre-tax)
Internal rate of return of 17%
COMPANY PROFILE

Golden Star Resources holds the largest land package in one of the world's largest and most prolific gold producing provinces. The Company holds a 90% equity interest in Golden Star (Bogoso/Prestea) Limited and Golden Star (Wassa) Limited, which respectively own the Bogoso/Prestea and Wassa/HBB open-pit gold mines in Ghana, West Africa. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, in other parts of West Africa and in Brazil in South America. Golden Star has approximately 259 million shares outstanding. Additional information is available at www.gsr.com.

Last: 1.78 Range: 3.12-1.53 Market Cap: 460 million

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