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Message: AGORACOM Small Cap TV - April 4th - 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 April 4th, 2012, and we’ve found 5 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 ... or click on the image below.

Energizer Resources Adds Molo Zone to Green Giant Project; Intersects 108m of Graphite in Drill Core Grading 8.80%C, Including 49m of 10.09%C

Confirmed Jumbo Flake on Molo with Over 90% Purity

Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5)

is pleased to announce assay results from the Molo zone on its Joint Venture (JV) property with Malagasy Minerals Limited ("Malagasy") (ASX:MGY) in Madagascar. Assays received from the Molo zone confirm graphite mineralization at surface, and to a down hole depth of 108 metres at a grade of 8.80% carbon (C).

Based on these results, in conjunction with the previously released assay results from the Fotsy and Fondrana zones, and the metallurgical confirmation of jumbo flake graphite with over 90% purity, the Company is beginning to define a new graphite camp in southern Madagascar.

The Molo Zone

The Molo Zone can be characterized as follows:

  • a multi-folded graphitic zone with a surface-exposed strike length of over 2 kilometres
  • characterized by resistant ridges of graphite-rich rock, and abundant graphite-rich float
  • individual graphitic ridges between 20 and 150 metres in width
  • EM31 geophysical surveys indicate the graphite mineralization is pervasive in the area
  • wide-spaced drilling of 6 diamond drill holes conducted over a strike length of 1.2 kilometres, intersected graphitic mineralization to a vertical depth of 75 metres with down-hole thicknesses between 60 and 150 metres in width
  • graphite mineralization intersected in drill core was open along strike, and at depth.

About Energizer Resources

Energizer Resources Inc. is a mineral exploration and development company based in Toronto, Canada, which is developing its Green Giant Project located in Madagascar. The Green Giant hosts one of the largest known vanadium deposits and potentially one of the largest known graphite deposits.

Last: 0.42Range: 0.475-0.15Market Cap: 65 million

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Lost Creek Property Measured & Indicated Uranium Resources Increase 45%

Ur-Energy Inc. (TSX:URE, NYSE Amex:URG)

is pleased to report an upgrade to the National Instrument (NI) 43-101 Mineral Resource estimate on the Lost Creek Property. This resource update has been achieved by reviewing the Company's historical drill-hole database related to property interests recently incorporated into the Lost Creek Property through acquisition and claim staking. The resource estimate was completed as a part of an update to the Preliminary Economic Assessment now underway for the Lost Creek Property.

(Photo: http://photos.prnewswire.com/prnh/20120404/LA82063)

(Logo: http://photos.prnewswire.com/prnh/20110913/LA67628LOGO)

The updated compliant resource estimate of 8.35 Mlbs U3O8 in the Measured and Indicated categories represents a 45% increase from the previous estimate dated February 29, 2012. Resources reported in the Inferred category have also been increased by 42% to an updated total of 2.87 Mlbs U3O8. The new total resource for the Lost Creek Property is shown in the table below:

Lost Creek Property Mineral Resources as of April 4, 2012

Category

Avg. Grade

% eU3O8

Tons
x1,000

Pounds eU3O8

Millions

Measured

0.055

3,850

4.20

Indicated

0.053

3,965

4.15

Inferred

0.049

2,989

2.87

About Ur-Energy

Ur-Energy is a junior uranium company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Permitting also will allow the construction of a two-million-pounds-per-year in situ uranium processing facility. Engineering for the process facility is complete and mine planning is at an advanced stage for the first two mine units. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Shares of Ur-Energy trade on the Toronto Stock Exchange under the symbol "URE" and on the NYSE Amex under the symbol "URG". Ur-Energy's corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com.

Last: 1.14Range: 1.78-0.79Market Cap: 137 million

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Xtra-Gold intercepts 25 metres of 1.96 g/t gold and 23 metres of 1.50 g/t gold at its Kibi Gold Project in Ghana, West Africa

Toronto, Ontario--(Newsfile Corp. - April 4, 2012) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGR) (“Xtra-Gold” or the “Company”), is very pleased to announce results from 14 additional diamond core holes totaling 3,334 metres from Zone 2 of the Company’s wholly-owned Kibi Gold Project, located in the Kibi – Winneba greenstone belt (“Kibi Gold Belt”), in Ghana, West Africa.

Highlights from the down plunge delineation/infill drilling on the Big Bend Zone include: 25 metres grading 1.96 g/t gold, including 2.79 g/t gold over 9 metres, from a down-hole depth of 195 metres in #KBDD12189; and 23 metres grading 1.50 g/t gold, including 2.80 g/t gold over 6 metres, from a down-hole depth of 331 metres in #KBDD12187.

KBDD11183 yielded multiple mineralized intercepts, ranging from 5 metres to 30 metres in core-length, extending from a down-hole depth of 28 metres to 224 metres, including: 1.84 g/t gold over 17 metres from a down-hole depth of 28 metres; 1.74 g/t gold over 26 metres, including 7 metres grading 4.01 g/t gold, from a down-hole depth of 128 metres; and 2.01 g/t gold over 30 metres, including 9 metres grading 4.53 g/t gold, from a down-hole depth of 195 metres.

Drilling Progress

To date, 40 holes totalling 8,540 metres have been completed by Xtra-Gold in its 2012 Kibi Gold Project drill program of which results have been reported for 5 holes (1,443 metres).

About Xtra-Gold Resources Corp.

Xtra-Gold is a gold exploration company with a substantial land position in the Kibi greenstone belt (“Kibi Gold Belt”) located in Ghana, West Africa. The Kibi Gold Belt, which exhibits many similar geological features to Ghana’s main gold belt, the Ashanti Belt has been the subject of very limited modern exploration activity targeting lode gold deposits as virtually all past gold mining activity and exploration efforts focused on the extensive alluvial gold occurrences in many river valleys throughout the Kibi area.

Last TRADE: 1.32 52 Week: 2.20 – 1.21 Market Cap: 58.98 Milliion

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Victory Gold Drills 8.1 Metres of 10.83 Grams Gold Within 31.5 Metres of 3.35 Grams Gold, Timmins, Ontario

Victory Gold Mines Inc. ("Victory Gold") (CNSX:VGO)

is pleased to announce additional favourable results from Phase 1 of the 2012 exploration program on the Gold Pike Mine Property in Timmins, Ontario. Hole GP-12-19 intersected 3.35 grams per tonne gold (gpt) over 31.5 metres including 8.1 metres of 10.83 gpt approximately 50 metres northwest of the former producing open pit mine. These results follow up the recently released exploration results which included 65.4 metres of 7.13 gpt and 71.5 metres of 2.02 gpt.

About the company

Victory Gold is pursuing gold exploration in the world famous Timmins Gold District. The company is headquartered in the Toronto financial district and listed on the Canadian National Stock Exchange (CNSX: VGO).

Its option on 8 mining claims and ownership of 4 mining claims make up the Gold Pike Mine Property, which includes a former producing open pit and is surrounded by producing or former producing gold mines.

Last: 0.195Range: 0.32-0.09Market Cap: 7million

Eagle Hill Expands Caribou Gold Zone With 9.0 m of 5.3 g/t of Gold at Windfall Lake

Eagle Hill Exploration Corporation (TSX VENTURE:EAG)

is releasing additional assay results from its ongoing 25,000 meter drill program on the Windfall Lake Gold Deposit in northwestern Quebec. The drill program is successfully expanding the size of the Caribou Gold Zone in an area that was not included in the mineral resource estimate published in November 2011. This November 2011 mineral resource estimate contains a Total Indicated Resource of 1.144 million tonnes at 9.10 g/t of Gold (335,000 oz) and a Total Inferred Resource of 1.690 million tonnes at 6.70 g/t of Gold (364,000 oz).

The drilling announced today confirms the vertical continuity of the Caribou and Caribou South Zone and has identified additional near surface mineralization in both the western and eastern portions of the deposit.

Expansion of Caribou Gold Zone

Significant results were obtained with drill hole EAG-12-333 which intersected the Caribou South and Caribou Zone at 190 meters and 290 meters below surface respectively in an area of the deposit where both zones were untested. The Caribou South Zone returned an intercept of 5.3 g/t of Gold over 9.0 meters and the Caribou Zone returned 3.2 g/t of Gold over 7.3 meters.

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects. The Company is set to become an advanced stage gold exploration company with its acquisition of the Windfall Lake high grade gold project, located in Urban Township, Quebec, between Val-d'Or and Chibougamau. Eagle Hill seeks projects that contain or have potential to have large resource potential. The Company's website at www.eaglehillexploration.com and public filings at www.sedar.com provide additional information on its properties and other information with respect to its management and operations.

Last: 0.15Range: 0.31-0.115Market Cap: 23.4 million

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