Message: AGORACOM Small Cap TV - May 23rd - 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 May 23rd, 2012, and we’ve found 3 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.
NEVADO Announces Over 100 Million Tonnes of High-Grade Vanadium-Titanium-Iron Mineral Resources at Farrell-Taylor
NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the "Company") is pleased to announce current Mineral Resource Estimates ("MRE") for its Farrell-Taylor Vanadium-Titanium-Iron Deposit ("Farrell-Taylor") at the La Blache Project, located some 140 km northwest of Baie-Comeau in the Upper North Shore region of Quebec.
-Inferred mineral resource of 101.7 million tonnes grading 0.33% V2O5, 18% TiO2 and 59.7% Fe2O3 (or 41.8% FeT), at a 5.1% TiO2 Equivalent cut-off grade - Company plans to start testing with a one-tonne-per-day pilot plant in Q3-2012 to confirm the excellent V2O5 (99.9%), TiO2 (98.5% and 99.5%) and Fe2O3 (62.5%) recoveries obtained from the mini-plant campaign
About Nevado Resources Corporation
NEVADO is a Canadian junior resource company trading under the symbols VDO on the TSX Venture Exchange and NSV on the Frankfurt Stock Exchange. NEVADO owns 1,906 mineral claims or the equivalent of 995 km2 in the Baie-Comeau, Fermont and Eastern Townships regions of Quebec. The Company is currently focused on advancing the La Blache Vanadium-Titanium-Iron project in the Baie-Comeau region towards National Instrument 43-101 mineral resources and development.
Last: 0.23Range: 0.47-0.205Market Cap: 10.8 million
U3O8 Corp. Increases NI 43-101 Uranium Resources by 125% in the Kurupung Project, Guyana
Near 7X increase in resources in one year recorded across projects in South America
U3O8 Corp. (TSX VENTURE: UWE)(OTCQX:UWEFF), a Canadian-based company focused on exploration for uranium and associated commodities in South America, reports an increase of 125% in uranium resources estimated in accordance with National Instrument 43-101 ("NI 43-101") from the Kurupung Project in Guyana (Figure 1). The resource estimate reported today was undertaken by Watts, Griffis and McOuat Limited, an independent consulting firm, on the Aricheng West and Aricheng C structures using a cut-off grade of 0.05% U3O8, which yielded:
Indicated Resources of 2.6 million pounds ("Mlb") contained U3O8 at an average grade of 0.08% U3O8; and
Inferred Resources of 6.3Mlb contained U3O8 at an average grade of 0.08% U3O8.
About U3O8 Corp.
U3O8 Corp. is a Toronto-based exploration company, focused on exploration and resource expansion of uranium and associated commodities in South America - a promising new frontier for uranium exploration and development. U3O8 Corp. has one of the most advanced portfolios of uranium projects in the region comprising NI 43-101 resources in Guyana, Argentina and Colombia.
Last: 0.42Range: 0.70-0.245Market Cap: 52 million
GeoMegA Intersects a High Grade Zone of 1.38% Niobium Oxide + 2.06% TREO Over 95.5 Meters, Including 3.08% Niobium Oxide Over 29.6 Meters
Geomega Resources Inc. ("GéoMégA") (TSX VENTURE:GMA)
announces results of diamond drill ("DD") hole MVL-12-59B completed in Phase 2 drilling for its Montviel Rare Earths/Niobium project located near Lebel-sur-Quévillon, Québec. Highlights include:
|
MVL-12-59b: |
2.06% total rare earth oxides ("TREO") + 1.38% Nb2O5 intersected over 95.5 m from 334.5 m; |
|
Including: 2.42% TREO + 3.08% Nb2O5 intersected over 29.6 m from 351.4 m; |
About GéoMégA
GéoMégA, which owns 100% of the Montviel Rare Earths/Niobium project, is a Québec mineral exploration company focused on finding economically viable deposits of Minor Metals in Québec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its expertise, know-how and its support and respect for local communities and the environment.
Last: 0.38Range: 3.65-0.34Market Cap: 10.9 million
Gold Dynamics Receives Sample Results
Mr. Gary Kirk, President and CEO of Gold Dynamics is pleased to report results from his recent soil sampling done at the Hoyle North project. A total of 23 samples were taken, 21 from a known anomaly identified from a partial Induced Polarization done on the property in 2007 and 2 random samples taken from prospective areas.
| Detection Limit | PPB 5 AU |
PPM .002 Ag |
PPM .01 Cu |
PPM .1 Zn |
PPM .1 U |
0.01% Fe |
PPM .01 Mo |
PPM .1 Ni |
|
| SAMPLE # | |||||||||
| 1134601 | <5 | 0.095 | 1.58 | 8 | 0.3 | 0.38 | 1.22 | 4 | |
| 1134602 | <5 | 0.041 | 1.98 | 7.4 | 0.3 | 0.28 | 0.42 | 2.8 | |
| 1134603 | <5 | 0.01 | 3.26 | 16.8 | 0.5 | 0.86 | 0.3 | 8 | |
| 1134604 | <5 | 0.018 | 9.52 | 10.9 | 0.2 | 0.16 | 0.31 | 1.8 | |
| 1134605 | <5 | 0.002 | 1.88 | 11.3 | 0.4 | 0.49 | 0.17 | 5 | |
| 1134606 | <5 | 0.006 | 3.45 | 16.7 | 0.4 | 0.62 | 0.09 | 6.4 | |
| 1134607 | <5 | 0.005 | 3.66 | 12.8 | 0.6 | 0.81 | 0.1 | 8.2 | |
| 1134608 | <5 | 0.01 | 4.92 | 27.2 | 1.9 | 0.83 | 0.2 | 6.1 | |
| 1134609 | <5 | <.002 | 1.9 | 10.7 | 0.5 | 0.65 | 0.1 | 4.9 | |
| 1134610 | <5 | 0.036 | 11.1 | 30.4 | 0.6 | 1.52 | 0.09 | 17.6 | |
| 1134611 | <5 | 0.019 | 1.81 | 8.2 | 0.3 | 0.46 | 0.06 | 4.8 | |
| 1134612 | <5 | 0.002 | 3.69 | 13.4 | 0.7 | 0.76 | 0.05 | 7.5 | |
| 1134613 | <5 | <.002 | 1.45 | 7.7 | 0.4 | 0.37 | 0.06 | 5.1 | |
| 1134614 | 80 | 0.147 | 101 | 113 | 0.9 | 2.27 | 0.49 | 41.7 | |
| 1134615 | <5 | 0.064 | 14 | 42.3 | 1 | 2.08 | 0.2 | 25 | |
| 1134616 | <5 | 0.021 | 7.38 | 29.8 | 0.8 | 1.3 | <.01 | 13.2 | |
| 1134617 | <5 | 0.011 | 2.77 | 9.8 | 0.5 | 0.5 | 0.08 | 4.2 | |
| 1134618 | <5 | 0.015 | 3.47 | 18 | 0.9 | 0.66 | 0.02 | 8.9 | |
| 1134619 | <5 | 0.006 | 1.74 | 8.3 | 0.4 | 0.55 | <.01 | 4.7 | |
| 1134620 | <5 | 0.004 | 7.54 | 19.8 | 0.7 | 0.96 | 0.08 | 10.8 | |
| 1134621 | <5 | 0.018 | 2.9 | 12 | 0.4 | 0.7 | 0.02 | 7 | |
| 1134622 | <5 | 0.002 | 2.05 | 10.4 | 0.5 | 0.46 | 0.05 | 3.7 | |
| 1134623 | <5 | 0.005 | 4.34 | 19.9 | 0.9 | 0.83 | 0.14 | 8.2 |
About
Gold Dynamics Corp is an emerging precious metals explorer focused on
underexplored regions of the world that is seeking to grow shareholder value
by building gold and silver mineral resources through systematic
exploration. The Company has brought together a highly experienced board and
management team consisting of capable professionals with significant
development and mine management experience.
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