Sponsored
Message: AGORACOM Small Cap TV - April 26th - 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 26th, 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.

Golden Hope Mines Announces Further Excellent Gold Recovery Testwork and Provides an Exploration Update at its Bellechasse-Timmins Gold Project in Southeastern Quebec

Golden Hope Mines Limited (TSX VENTURE: GNH) (Pink Sheets: GOLHF) –

Golden Hope is pleased to announce further positive gold recovery from further preliminary metallurgical test work at its Bellechasse-Timmins gold project in southeastern Quebec, Canada. Additional test work was completed on thirteen composite samples taken from drill core from its 2011 drill program.

When combining the current results with 5 previously announced samples on January 23, 2012 (http://cnw.ca/zdU0), gold recovery using gravity separation ranged from 37% to an outstanding 92% with an average of 77.3%, while total gold recovery using a combination of gravity separation and cyanidation ranged from 95.5% to more than 99.6% with an average total gold recovery of 98%.

"We are extremely pleased with these additional results as they once again demonstrate the excellent gold recovery by gravity while achieving outstanding recoveries using a combination of gravity and cyanidation" explains Frank Candido, President, Golden Hope Mines Limited.

Resource Estimate

Since April 2011, the Company has been working closely with SGS Geostat of Blainville, Quebec towards the publication of its first resource estimate. The Company had until recently been targeting Q1 of 2012 as a cut off date for results to be included in the resource estimate. However, not all of the outstanding assay results from the previously conducted Bellechasse-Timmins drill campaign had been received and interpreted during Q1 of 2012. The Company is anticipating that the outstanding assay results will be received by the end of this month and is currently targeting announcing a resource estimate for Bellechasse-Timmins in late May or early June 2012.

About Golden Hope:

Golden Hope is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects suitable for underground and/or open-pit mining. The Company's focus is in southeastern Québec, Canada. The Company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southern Québec from near Ste-Lucie-de-Beauregard to approximately 16 kilometres southwest of Beauceville.

Last: 0.145Range: 0.325-0.10Market Cap: 19 million

Link to hub

NioGold Mining Corporation Announces New Results at Marban Highlight Potential to Define High Grade Ore Shoots

NioGold Mining Corporation (TSX-V:NOX) (OTCQX:NOXGF)

is pleased to release new drilling results of the Phase Two program conducted under the terms of the Aurizon Mines Ltd. ("Aurizon") earn-in option on the Marban Block property, located in the Malartic gold camp, Abitibi region of Quebec.

Results from 22 new drill holes and six (6) extensions of previous holes completed on the Marban gold deposit are included in this release. Drill results are tabled on the following pages.

The new results highlight the potential to define high grade shoots within the Marban deposit, which include:

-Hole MB-07-024ext, drilled on section 4300E, was extended to investigate the Eastern Down Dip Zone and returned two high grade intercepts that are included within lower grade intervals:

-8.1 g/t Au over 0.9 m at a vertical depth of 395 metres

-196.5 g/t Au over 1.2 m at a vertical depth of 415 metres

-Shallow in-fill drilling between sections 4300E and 4400E returned the following high grade intersections:

-20.5 g/t Au over 2.0 m at a vertical depth of 180 metres (MB-11-248)

-36.7 g/t Au over 1.1 m at a vertical depth of 155 metres (MB-07-019ext)

-29.8 g/t Au over 1.0 m at a vertical depth of 65 metres (MB-12-252)

NioGold Mining Corporation - << On Canada's Golden Highway >>

NioGold Mining Corporation is a mineral exploration company focused on gold. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or region of the prolific Abitibi gold mining district Quebec. The Cadillac, Malartic and Val-d'Or mining camps have produced over 45 million ounces of gold since the 1930's and presently encompasses six producing gold mines including Osisko Mining's new Canadian Malartic operations. NioGold's land holdings within the Abitibi presently cover 130km2 and encompass four former gold producers, namely the Norlartic, Kierens (First Canadian), Marban and Malartic Hygrade mines that collectively produced 640,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.

Last: 0.36Range: 0.46-0.29Market Cap: 36.5 million

Link to hub

Share
New Message
Please login to post a reply