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 12th, 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 ... or click on the image below.

Focus Metals Update on Lac Knife Graphite Property Metallurgical Testing

SGS: 46.1% large flake validates company's high grade, high-concentration, world leading graphite deposit

Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC)

announced today metallurgical testing by SGS Metallurgical Services of its Lac Knife, Quebec graphite property reported the deposit held 46.1% large flake (+48 mesh to +100 mesh); 39% medium flake (+150 mesh to +200 mesh) with an overall global recovery test rate of 85.9%.

Focus Metals President and CEO Gary Economo said that in addition to the 46.1% large flake the balance of available graphite flake (+150 mesh to -200 mesh) can be used for the production of anodes for the high-growth lithium battery manufacturing sector.

Mr. Economo said: "Lac Knife's 16% grade and a large flake concentration of 46% validate our deposit's commercial primacy in an emerging and highly competitive sector, especially when the balance of our resource can be largely dedicated to battery-grade applications."

"As a business, grade and quality are the key elements to Lac Knife's commercial viability. And increasing recoveries by utilizing new processing and purification technologies will provide additional value to actual results," Mr. Economo said. "We will also continue to improve our production circuit design to reflect the processing and production requirements for potential customers."

About Focus Metals

Focus Metals Inc. is an emerging mid-tier junior mining company, a technology solutions supplier and a business innovator. It is the owner of the highest-grade (16%) technology graphite resource in the world. The company's goal is to assume a dominant industry leadership position by becoming the lowest-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Metals is invested in the development of graphene applications and patents through Grafoid Inc.

Last: 1.18Range: 1.33-0.54Market Cap: 106 million

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Goldgroup Announces Completion of PEA on Caballo Blanco Indicating Robust Project Economics of 66% Pre-Tax IRR and US$284 million Pre-Tax NPV and Provides Corporate Update

Goldgroup Mining Inc. (TSX:GGA)

is pleased to announce initial positive results from a Preliminary Economic Assessment ("PEA") for the Company's 100%-owned Caballo Blanco gold project located in the State of Veracruz, Mexico. Based on the PEA, the Caballo Blanco project is expected to generate a 66.4% pre-tax internal rate of return ("IRR") and a US$283.8 million pre-tax net present value ("NPV") at a 5% discount rate, over an approximate 7.5-year mine life and produce 687,000 ounces of gold and 1.3 million ounces of silver, based on the current mineable resource determined from the Whittle optimization model.

PEA Highlights

• Indicated mineral resources of 575,000 ounces of gold (28.9 million tonnes grading 0.62 g/t Au) and inferred mineral resources of 419,000 ounces of gold (24.0 million tonnes grading 0.54 g/t Au)
• The Whittle optimization model shell contains 49.3 million tonnes of mineralized material above the Net Smelter Return ("NSR") cut-off of $3.04/t and 852,000 ounces of contained gold and 3.6 million ounces of contained silver. The NSR parameters utilized in the optimization model were $1,150 per ounce for gold and $21.50 per ounce for silver. The initial strip ratio is 0.5 and 1.3 in years one and two respectively, and an overall strip ratio of 1.66 for the Life-of-Mine ("LOM")
• Overall anticipated metallurgical gold recovery of 80.7% based on current metallurgical testing
• At full production of 20,000 tonnes per day, expects annual production of 95,000 ounces of gold for years two to seven, for a total production of 687,000 ounces of gold and 1.3 million ounces of silver for the expected LOM of 7.5 years
• Total cash operating cost of US$784 per ounce of gold
• Anticipate pre-production period of approximately one year
• Initial capital costs estimated at US$84.8 million, plus additional US$53.5 million of sustaining capital costs over the LOM
• Un-leveraged pre-tax IRR of 66.4% and a NPV of US$283.8 million at a base case gold price of US$1,500 per ounce, a silver price of US$30 per ounce, and a discount rate of 5%, representing a payback period of 1.5 years
• Total LOM pre-income tax cash flow is US$386.3 million, net of pre-production development and sustaining capital of US$138.3 million

About Goldgroup
Goldgroup is a well-funded Canadian-based gold production, development, and exploration Company with significant upside in a portfolio of projects in Mexico, including its flagship 100%-owned advanced stage gold development project Caballo Blanco in the state of Veracruz, and the 50%-owned high grade gold exploration project San José de Gracia in the state of Sinaloa. The Company also operates its 100%-owned Cerro Colorado gold mine in the state of Sonora.

Last: 0.81Range: 1.75-0.80Market Cap: 104 million

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