AGORACOM Small Cap TV - June 27th - Highlights
posted on
Jun 27, 2012 08:42AM
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 27th, 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.
Terraco Gold Intersects 68.4 Meters of 1.3 gpt Gold and Reports the First Results From its 2012 Drilling at its Idaho Project
Terraco Gold Corp.(TSX VENTURE:TEN)
is pleased to announce assay results from the first 10 core holes of the 2012 drill program completed at its Almaden (Nutmeg Mountain Gold) Project in Washington County, Idaho. In-fill core drilling continues to encounter significant intercepts, including some longer intervals of higher grade gold mineralization than the average resource grade, from surface to 91 meters ("m") or (300 feet ("ft")).
Drill Highlights include:
About the company
Terraco Gold Corp. (TSX.V TEN | US: TCEGF), ("Terraco") project portfolio includes an advanced-stage gold project in Idaho, a Royalty Option on an evolving Nevada gold discovery and a neighbouring early-stage gold/silver project in Nevada, USA.
Last: 0.14Range: 0.365-0.12Market Cap: 18.6 million
Integra Gold Intersects 42.5 g/t Gold Over 1 Meter and 20.8 g/t Gold Over 5 Meters
INTEGRA GOLD CORP. (TSX VENTURE:ICG) -
Integra Gold Corp. (the "Company") is pleased to announce that it has intersected additional high grade gold bearing mineralization in holes P4-12-07B, P4-12-08 and P4-12-09A as part of its Lamaque Property's No. 4 Plug definition drill program. The Company has now completed over 12,870 meters ("m") of drilling or 85% of its 2012 planned drill program on the No. 4 Plug. The objectives of the definition drilling program are to confirm intercepts reported in historic holes and expand the known mineralization both laterally and at depth.
About the company
Integra's Lamaque Gold Project is located in the Val d'Or gold camp in the Province of Québec, Canada, about 550 km northwest of Montréal. Québec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily accessible.
The Company's shares are tightly held by a number of private investors, institutions and a major gold producer, Shandong Gold International Mining Ltd. The Company's focus is to evaluate and enhance gold bearing zones demonstrating the potential to increase the resource from the reported inferred and indicated gold resource of 2,335,530 metric tonnes averaging 6.91 g/t Au for 518,643 ounces ("oz.") Au and 800,799 metric tonnes averaging 6.33 g/t Au for 162,962 oz. Au respectively.
Last: 0.215Range: 0.46-0.18Market Cap: 13.5 million
Midas Gold Completes Mineral Resource Update with a Doubling of Gold in Indicated Category-Overall Contained Gold at Golden Meadows increases 22%; First Antimony & Silver Estimates
Midas Gold Corp. (TSX:MAX)
today announced the last of three planned independent NI43-101 mineral resource estimates for its Golden Meadows Project in Idaho, completing the process of updating its mineral resource estimates to incorporate second half of 2011 and early 2012 drill results. These updated estimates resulted in an overall 22% increase in contained gold at Golden Meadows in just six months of drilling. Including the previously announced updates for the West End and Yellow Pine deposits, gold contained in indicated mineral resources has increased 103% (to 4.23 million oz at a grade of 1.68 g/t gold) from the June 2011 estimate. A total of 59% of the contained gold at Golden Meadows is now in the indicated category, while 41% (2.89 million oz at a grade of 1.60g/t gold) is in the inferred category.
Furthermore, antimony and silver have been added to the Yellow Pine and Hangar Flats mineral resource estimates, with 108.5 million pounds of contained antimony in the indicated category and an additional 92.8 million pounds of contained antimony inferred within the overall mineral resource. While each element is reported below for each of the three deposits, as constrained in the base case Whittle® pits, higher grade antimony and silver subdomains are also reported separately within 0.1% antimony shells, as detailed on the following page, which subdomains host all of the modelled antimony and have an average grade of 0.49% antimony. Antimony was not modelled outside the 0.1% antimony shell.
About Midas Gold and the Golden Meadows Project
Midas Gold Corp., through its wholly owned subsidiaries Midas Gold Inc. and Idaho Gold Resources, LLC, is focused on the exploration and, if warranted, development of the Golden Meadows Project in the Stibnite‐Yellow Pine district of central Idaho. The principal gold deposits identified to date within the Golden Meadows Project are the Hangar Flats, West End and Yellow Pine deposits, all of which are associated with important structural corridors.
Last: 2.67Range: 4.90-2.57Market Cap: 305 million
El Nino Ventures Inc. (TSX.V: ELN; OTCQX:ELNOF Frankfurt: E7Q)
is pleased to announce additional high-grade results over significant intervals obtained from holes drilled during its 2012, 18,000 metre drill program at the Murray Brook massive‐sulfide deposit, in the Bathurst Mining Camp of New Brunswick, Canada. The Company has received and confirmed assay results from drill holes MB-2012-90 to MB-2012-101. A complete list of the intercepts from the 2012 drill program is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.
About El Nino Ventures Inc.
El Niño Ventures Inc. is an international exploration company, focused on exploring for lead, zinc, copper, gold and silver in New Brunswick, Canada and copper in the Democratic Republic of Congo ("DRC").
Last: 0.095Range: 0.238-0.08Market Cap: 5.6 million
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) announces the results of its diamonds sales for the first quarter of fiscal 2013.
Total proceeds of US$5.9 million were generated from the sale of 6,234 carats at an average price per carat for the quarter of US$944. This includes the sale of 1,005 carats from the proof of concept bulk x-ray machine that were sold for an average price per carat of US$853.
Carats | Revenue (US$) | Price per carat (US$) | ||||
Q1 2012 | Q1 2013 | Q1 2012 | Q1 2013 | Q1 2012 | Q1 2013 | |
Holpan | 1,117 | - | 1,096,331 | - | 981 | - |
Klipdam | 1,825 | 2,185 | 1,810,975 | 1,200,803 | 992 | 550 |
Klipdam Extension | 24 | - | 19,019 | - | 786 | - |
Saxendrift | 1,813 | 2,037 | 4,868,436 | 3,516,185 | 2,686 | 1727 |
Tirisano | - | 1,007 | - | 313,712 | - | 311 |
Total | 4,779 | 5,229 | 7,794,759 | 5,030,700 | 1,631 | 962 |
Saxendrift tailings | - | 1,005 | - | 857,090 | - | 853 |
Total sales | 4,779 | 6,234 | 7,794,759 | 5,887,790 | 1,631 | 944 |
otable Stones
The Company continued to produce large stones at all its operations during the fourth quarter with the recovery of 69 stones exceeding 10 carats:
About Rockwell Diamonds:
Rockwell is engaged in the business of operating and developing alluvial diamond deposits, with a goal to become a mid-tier diamond production company. The Company has three existing operations, which it is progressively optimizing, two development projects and a pipeline of earlier stage properties with future development potential.