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Message: AGORACOM Small Cap TV - June 25th - 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 June 25th, 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.

Guyana Goldfields Reports Revised Aurora Resource Statement; 27% Increase in Open Pit Gold Ounces in the Measured & Indicated Category

Guyana Goldfields Inc. (TSX: GUY)

is pleased to report an updated mineral resource statement for its 100%-owned Aurora Gold Project in Guyana, South America. This new estimate includes all drilling data obtained up to the end of April 30, 2012. The estimate was prepared by SRK Consulting (Canada), Inc. ("SRK") of Toronto, Canada in accordance with National Instrument 43-101 ("NI 43-101") and provides an update to the previous estimate released on September 9, 2011. The Bankable Feasibility Study is scheduled for completion at the end of the calendar fourth quarter of this year and will be based on the measured and indicated categories of this revised resource estimate.

Highlights

  • 78% of all mineral resources are in the measured and indicated category (6.54 million gold ounces) and 22% are in the inferred category (1.82 million gold ounces)
  • 27% increase in open pit measured & indicated mineral resources from 2.18 to 2.76 million gold ounces
  • 15% increase in combined open pit and underground measured and indicated mineral resources from 5.71 to 6.54 million gold ounces
  • 55% increase in open pit and underground inferred mineral resources from 1.17 to 1.82 million gold ounces

About Guyana Goldfields Inc.
Guyana Goldfields Inc. is a Canadian based company, primarily focused on the exploration and development of gold deposits in Guyana, South America where the Company has operated since 1996. The Aurora Gold Project in Guyana has a current measured and indicated resource of 6.54 million ounces gold (62.83 million tonnes at a grade of 3.24 g/t). The Company plans to issue a revised Bankable Feasibility Study by the end of 2012.

Last: 2.59Range: 10.58-1.67Market Cap: 246 million

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Castillian Intersects 3.78 g Au/t Over 53 Metres in Footwall Zone Within Former Mine at Hope Brook

Castillian Resources Corp.(TSX VENTURE:CT)(OTCQX:CTIIF)

is pleased to report the final results from its 4,316 metre diamond drilling program in 15 holes, which completes the first phase of drilling in the Company's 2012 exploration program at the Hope Brook Gold Project, located in southwestern Newfoundland. These last holes reported in this news release focused on confirming the locations of workings and major pillars in the deeper part of the Mine Zone area (HB12-080E, -087) and further testing the Southwest Extension target area (HB12-089, -090) (see also the press release dated June 5, 2012 for a discussion of the previous results released). Significant results are summarized in Table 1 below. Highlights are as follows:

Mine Zone Area

 
--Hole HB12-087, drilled from northwest to southeast, intersected 3.78
grams of gold per tonne ("g Au/t") over 53.0 metres core length (16.9
metres true width) from 271.0 to 324.3 metres and a second zone grading
4.41 g Au/t over 5.0m (1.6 metres true width) from 354.5 metres to 359.5
metres in the footwall area below the old workings. 
--Hole HB12-080E, an extension of previously reported hole HB12-080 which
was lost, intersected 2.14 g Au/t over 14.4 metres core length (10.8
metres true width) in a shallow pillar within the former mine at
approximately the 5000 metre level (122 metres below surface).
 

ABOUT CASTILLIAN

Castillian Resources Corp. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol "CT" which has gold and base metal properties in Canada and South America. Castillian's flag ship property is the Hope Brook Gold Project located in southwestern Newfoundland, which has 290,000 ounces of NI 43-101 compliant indicated mineral resources and 740,000 ounces of inferred mineral resources (see Table 1 below and the news release issued by Castillian on February 14, 2012). Castillian has also outlined an extensive new Gold-in-Soil anomaly trend on its Canadian Creek property in the Yukon that is adjacent to Kaminak's Sugar Gold-in-Soil trend.

Last: 0.03Range: 0.17-0.03Market Cap: 9.9 million

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Sunridge Gold Drills 58 Metres Of 1.44% Copper at Adi Rassi Copper-Gold Project, Asmara Project, Eritrea

Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX),

is pleased to report that assays results have been received for the first three drill holes from the Company's 2012 exploration diamond drill program at the Adi Rassi copper-gold prospect, part of the Asmara Project in Eritrea. These results, combined with previous drill hole results, are very encouraging as they support management's belief that Adi Rassi is a new large copper-gold discovery that has the potential to become Sunridge's fifth deposit on the Asmara Project.

Current Drill Highlights include:

* AR-010D: 57.72 metres averaging 1.44% copper and 0.19 g/t gold
* AR-012D: 92.50 metres averaging 0.66% copper and 0.51 g/t gol

ABOUT SUNRIDGE:
Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding. Sunridge trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the number listed below.

Last: 0.28 Range: 0.85-0.255Market Cap: 32 million

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Scorpio Gold Drilling Intersects 10.67 Metres Grading 8.25 g/t Gold on Oromonte Zone, Mineral Ridge Project

Scorpio Gold Corporation (TSX VENTURE:SGN)

announces initial drill results from its 2012 drilling program on the Oromonte Zone, located 425 metres (1400 feet) southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada.

Table 1. Oromonte Zone - Significant Drill Results

Hole
No.

From
(ft)

To
(ft)

Width
(ft)

From
(m)

To
(m)

Width
(m)

Gold
(OPT)

Gold
(g/t)

MR12385

225

235

10

68.60

71.65

3.05

0.020

0.69

310

345

35

94.51

105.18

10.67

0.241

8.25

About the company

Scorpio Gold Corporation (TSX-V:SGN) holds a 70% interest in the Mineral Ridge heap leach gold mine in Esmeralda County, Nevada. The mine property features a very well-developed infrastructure and is host to multiple gold-bearing structures, veins and bodies at exploration, development and production levels. Scorpio Gold achieved commercial production status at Mineral Ridge on January 1, 2012.

Last: 0.75Range: 1.09-0.64Market Cap: 85.9 million

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Huakan Intersects 2.69m Grading 7.66 g/t Au, 82.58 g/t Ag, 3.44% Pb and 6.30% Zn in Main Zone Drilling at J&L

Huakan International Mining Inc. (TSX VENTURE:HK)

announces Main Zone drill results from holes DDH12-11 through DDH12-23 from the 2012 underground diamond drill program at its J&L precious and polymetallic (gold-silver-lead-zinc) project, located near Revelstoke, British Columbia. The drilling program is now completed with 45 holes in 9,725 metres. The aim of the drill program was to increase the indicated resource category for the Main Zone deposit. The program was successful in intersecting similar grade and thickness of mineralization as previous nearby holes. An updated resource will be completed once all assays have been received and the deposit has been re-modeled.

Table 1: Drilling Highlights from Area A

Hole ID

From (m)

To (m)

Length (m)

Au (g/t)

Ag (g/t)

Pb (%)

Zn (%)

DDH12-08*

171.75

174.74

2.99

2.88

73.29

3.63

9.35

DDH12-09*

192.38

193.61

1.23

4.13

71.88

3.03

2.68

and

206.55

208.11

1.56

1.94

20.94

0.21

0.06

DDH12-10*

207.70

216.18

8.48

9.41

101.39

2.17

4.31

DDH12-11

207.58

211.85

4.27

3.66

86.87

1.96

1.59

About Huakan International Mining Inc.

Huakan's flagship property is the J&L, which it owns 100% with no underlying royalties.

Last: 0.32Range: 0.82-0.32Market Cap: 13.5 million

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