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 29th, 2012, and we’ve found 6 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.

China Health Resource Reports on Record Year-End 2011 Results Continuing Strong in 2012

China Health Resource, Inc. (OTCBB: CHRI), today announced results of earnings for the year ended December 31, 2011 and the first quarter of 2012.

Revenues for the year ended December 31, 2011 were US $34,338,974, an increase of 234% over revenues of US $10,282,207 for 2010. For 2011 net income was $6,971,460, or $0.04 per fully diluted common share, compared with a net income of $2,707,286, or $0.02 per share, for the previous year (total shares over 176 million).

First quarter 2012 revenues increased 104% to $8,955,361 as compared to $ 4,378,311 for the 1st quarter of 2011. Net income also increased to $1,322,518 for the first quarter 2012, compared to $911,461 for the first quarter of 2011, a 45% increase.

About CHRI

China Health Resource, Inc. engages in the development, manufacturing, processing, marketing and sale of raw and pharmaceutical TCM products including Dahurian Angelica Root (DAR) and Rhizoma Gastrodiae and is the only the provider of GAP quality DAR in the People's Republic of China under the registered Trademark Chuan Baizhi™.

Last Trade: 0.02852 Week: 0.04 – 0.023Market Cap: 4.97 Million

Sabina Gold & Silver Announces Positive Preliminary Economic Assessment at Back River Gold Project, Nunavut

Sabina Gold & Silver Corp. (TSX:SBB) (the "Company")

is pleased to announce that the Company has received the results of the Preliminary Economic Assessment ("PEA") for its 100%-owned Back River gold project ("Back River" or the "Project") in Nunavut, Canada. The PEA was prepared by SRK Consulting (Canada) Inc. ("SRK").

Project Highlights (at Base Case $1,250/oz Au):

All dollar figures are in C$ and the study assumes a 1:1 US$:C$ exchange rate.

--The Project generates a post-tax NPV-5% of $650 million and an IRR of

25%

--Pre-tax NPV-5% and IRR of $1.1 billion and 32%;

--The Project generates life-of-mine ("LOM") after-tax net cash flow of

$1.1 billion on gross revenues of $4.6 billion with a payback period of

3.0 years;

--Processing rate of 5,000 tpd producing an average of approx. 300,000 oz

Au per year from open pit and underground extraction;

--Pre-production capital of $450 million. Sustaining capital of $388

million for total LOM capital of $839 million including closure and

contingencies;

--Total cash costs of $542/oz LOM including royalties, refining and

transport;

--Capital and operating costs estimated using a combination of first

principle calculations, experience and factored costs; experience

includes actual results from comparable northern projects;

--A total of 20.7 million tonnes of mineralized material to be milled over

12.3 years with a LOM average grade of 6.13 g/t gold and metallurgical

recoveries of 90%;

--Base case commodity assumptions of $1,250/oz gold and $1.20/litre

diesel. 

SABINA GOLD & SILVER CORP. Sabina Gold & Silver Corp. is an emerging precious metals company with district scale, world class undeveloped assets in one of the world's newest, politically stable mining jurisdictions: Nunavut, Canada.

Last: 2.14Range: 7.07-1.74Market Cap: 344 million

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Scorpio Mining Intercepts 11.6 Meters of 450 g/t Silver and 1.102% Copper as it Completes In-fill Drilling at El Cajón and Extends the Exploration Program to Follow a New Trend

Scorpio Mining Corporation (TSX: SPM) ("Scorpio Mining" or the "Corporation")

is pleased to report initial results from the recently completed drill program at its 100% owned El Cajón Project near Cosalá, Sinaloa, Mexico.

Through its wholly-owned subsidiary, Minera Cosalá S.A. de C.V., Scorpio Mining has drilled a total of approximately 4,695 meters at the El Cajón Project in recent months. About half of this total (2,335 meters) was drilled in nine in-fill holes with the intent of raising the confidence level and expanding the previously reported resource estimate.

The infill drilling intersected up to 450 grams per tonne silver and 1.102 % copper over 11.6 meters in Hole EC97, including 884 grams per tonne silver and 2.075% copper over 3.9 meters. The remainder of the drilling (2,360 meters) identified a new structurally controlled zone called "La Emma" in 16 holes. Work is still in progress along this trend.

About Us

Scorpio Mining Corporation is a silver producer operating in Mexico with significant base metal by-product credits. In addition, the company has over 40 exploration targets mostly in the vicinity of its current operations.

Last: 0.89Range: 2.43-0.81Market Cap: 176 million

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Hunter Bay Minerals Reports Drilling Results Including 42 Meters Grading 1.22 g/t Gold in SKD001 at Sela Creek

Hunter Bay Minerals plc(TSX VENTURE:HBY)(OTCQX:HTBNF)

is pleased to announce that it has received final assay results for three diamond drill holes completed at the Jons Pit prospect, Sela Creek, Suriname. The three holes (SKD001, SKD002 and SKD004) were drilled using HQ diameter rods through saprolite and NQ diameter rods through hard rock as a fence line (Fence 001) beneath an artisanal open pit at the northwestern end of a 1.6 km long Jons Pit trend (Figure 1). This trend comprises a series of sub-parallel linear artisanal open pits that exploit the saprolitic parts of mineralized structures within the shear zone.

Table 1 discloses all mineralized intervals intercepted in holes SKD001, SKD002 and SKD004. Significant results from the drilling are shown in section on Figure 2 and are summarized below:

--42 meters @ 1.22 g/t gold (from 102 to 144 m, SKD001), including 

--15 meters @ 2.42 g/t gold (from 105 to 120 m) 

--28 meters @ 1.12 g/t gold (from 102 to 130 m, SKD002), including 

--2 meters @ 5.89 g/t gold (from 115 to 117 m), and 

--3 meters @ 2.45 g/t gold (from 120 to 123 m) 

About Hunter Bay

Hunter Bay is engaged in the acquisition, exploration and development of mineral resource properties located in South America and Canada. Hunter Bay's lead project is the Sela Creek Project, located in Suriname, which Hunter Bay has an option to acquire up to an eight percent (80%) interest. Hunter Bay also owns a one-hundred percent (100%) interest in the Great Bear Lake Properties located in the eastern side of Great Bear Lake NWT and has a thirty percent (30%) interest in the net profits of the Fortuna Project located approximately 400 kilometers southeast of Quito, Ecuador.

Last: 0.24Range: 0.35-0.15Market Cap: 12 million

Nevada Copper Intersects 470 Feet at 0.73% Copper in the North Deposit

Nevada Copper Corp. (TSX:NCU)

is pleased to announce additional step-out drill results from its 100% owned Pumpkin Hollow Property located near Yerington, Nevada. The drill holes reported below represent results from the on-going 50,000 meter step-out and expansion drilling program. To date 85 holes totaling 44,000 meters have been drilled. Two exploration drill rigs are currently active at the Pumpkin Hollow project. Additional drill results will be released as they become available.

Drilling along the southwest edge of the North deposit, Drill hole NC11-51 intersected mineralization at the boundary of the current designed pit, several zones were intersected, the largest zone, 470 feet (143.2 meters), 407 feet (124.0 meters) true thickness grading 0.73% copper. Additional step out drilling continues in this area and still remains open in several directions.

About Nevada Copper

Nevada Copper has 73 million shares outstanding and is well funded with no debt and approximately $60 million in cash.

Last: 2.15Range: 5.89-2.04Market Cap: 156 million

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Kimber Intercepts 2.1 Metres Grading 4.3 g/t Gold and 167 g/t Silver in a New Structure Over 200 Metres Northeast of the Carmen Deposit

Successful Step-Out From Carmen Area Returns Multiple Intercepts of High-Grade Gold & Silver

Kimber Resources Inc. (TSX:KBR)(NYSE MKT:KBX)(NYSE Amex:KBX)

is pleased to announce the results from two drill holes designed to test for new structures in the "Carmen East" area on its 100%-owned Monterde property. Drill hole MTC-163 intercepted multiple mineralized structures, including two with high-grade gold-silver mineralization: one returning 4.3 g/t gold and 166.6 g/t silver over 2.1 metres and the other grading 3.2 g/t gold and 222.0 g/t silver over 1.5 metres.

About Kimber

Kimber owns mineral concessions covering in excess of 39,000 hectares in the prospective Sierra Madre gold-silver belt, including the Monterde property, where three gold-silver mineral resources have already been defined. The most advanced of these, the Carmen deposit, has been extensively drilled and has undergone detailed geologic modeling. The completion of the Updated Preliminary Economic Assessment for Monterde in 2011 represented a significant step forward for Kimber and supports further development and more advanced economic studies at the Monterde deposits. The subsequent discovery of high grade gold-silver mineralization below the mineral resources used in the preliminary economic assessment adds a potentially significant new dimension to the opportunities at Monterde.

Last: 0.67Range: 2.03-0.60Market Cap: 55 million

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