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 July 24th, 2012, and we’ve found 6 great press release 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.

Augusta Announces 2012 Feasibility Study Update Results

Augusta Resource Corporation (TSX/NYSE MKT: AZC)

announces an updated mineral reserve estimate and results from its National Instrument ("NI") 43-101 compliant Feasibility Study update for its Rosemont Copper project ("Rosemont") located near Tucson, Arizona. All amounts in United States Dollars and all tons are in short tons.

Financial Summary
The Feasibility Study update includes financial analysis on three scenarios with varying metal prices: 1) 60/40 pricing reflecting a weighted average of 60% on three-year historical prices and 40% on two-year forward market prices; 2) three-year historical pricing; and, 3) long term metal prices reflecting a long term copper price of $2.50/lb. A comparison of project economics based on these three scenarios is provided below.

ABOUT AUGUSTA
Augusta is a base metals company focused on advancing the Rosemont Copper deposit near Tucson, Arizona. Rosemont hosts a large copper/molybdenum reserve that would account for about 10% of US copper output once in production (for details refer to www.augustaresource.com). The exceptional experience and strength of Augusta's management team, combined with the developed infrastructure and robust economics of the Rosemont project, propels Augusta to becoming a solid mid-tier copper producer. The Company trades on the Toronto Stock Exchange and the NYSE MKT under the symbol AZC.

Last: 1.80Range: 4.95-1.52Market Cap: 258 million

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Preliminary Feasibility Study Completed for Seabridge Gold's Courageous Lake Project; Proven and Probable Gold Reserves Estimated at 6.5 Million Ounces

Seabridge Gold (TSX:SEA)(NYSE:SA)

announced today the results of its first Preliminary Feasibility Study ("PFS") for its 100%-owned Courageous Lake project located in Canada's Northwest Territories. The study demonstrates that Courageous Lake is an economic project at the current gold price while also offering substantial leverage to higher gold prices. The PFS was prepared by Tetra Tech Wardrop ("Tetra Tech"). The PFS Executive Summary can be found at www.seabridgegold.net/CL_ExecSum_2012.pdf. The complete PFS will be filed at www.sedar.com within 45 days.

Commenting on the study, Seabridge Chairman and CEO Rudi Fronk said: "Our business plan from inception has been to grow gold resources and reserves while minimizing equity dilution. With an estimated 6.5 million ounces of newly defined proven and probable reserves at Courageous Lake, combined with the 38.2 million ounces of gold reserves estimated at our KSM project, we now report total proven and probable gold reserves of 44.7 million ounces. Not only does this rank Seabridge among the top ten companies in the world with respect to gold reserves, but with only 43.4 million common shares outstanding, we provide our shareholders with more than one ounce of gold reserves per common share outstanding. Furthermore, this entire reserve base is located in Canada, one of the safest and most mining-friendly jurisdictions in the world." Proven and probable reserves at KSM are estimated at 2.2 billion tonnes grading 0.55 grams per tonne gold, 0.21% copper and 2.74 grams per tonne silver.

About the company

Seabridge holds a 100% interest in several North American gold resource projects. The Company's principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada's Northwest Territories.

Last: 14.11Range: 30.81-12.31Market Cap: 612 million

Red Eagle Mining Intercepts 11.4 Metres at 16.04 Grams Gold Per Tonne at Santa Rosa

Red Eagle Mining Corporation (TSX VENTURE:RD)(OTCQX:RDEMF)

is pleased to announce additional assay results received from the 24 hole, 5,400m phase two core drill program at the San Ramon gold system located within the Santa Rosa gold project in Colombia. The additional results show strong gold mineralisation over significant intervals, with the most significant intercept being in hole SR-060 of 11.4 metres at 16.04 grams gold per tonne, including 2.0 metres at 30.73 grams gold per tonne and 3.5 metres at 29.29 grams gold per tonne. Hole SR-060 was collared 180 metres to the west of hole SR-053 which intercepted 7.0 metres at 41.53 grams gold per tonne (news release dated July 9, 2012: http://redeaglemining.com/news/?nid=40) and 480 metres to the west of hole SR-042 which intercepted 6.0 metres at 31.85 grams gold per tonne (news release dated June 13, 2012: ). However, encouragingly, hole SR-060 intercepted high grade mineralisation at a slightly shallower depth (approximately 130-140 metres) which will significantly enhance open pit evaluations.

About Red Eagle Mining

Red Eagle Mining Corporation is a well-financed gold exploration and development company with an experienced exploration and management team. Red Eagle Mining is currently exploring two gold properties in Colombia, Santa Rosa and Pavo Real. Santa Rosa is an intrusive hosted structurally-controlled quartz stockwork system within the prolific Cretaceous Antioquia Batholith. Gold mining within the Santa Rosa project pre-dates the 16th century when an estimated 30 million tonnes were mined. Santa Rosa is located 70km north of Medellin near the town of Santa Rosa de Osos in a region characterized by gently rolling hills and excellent infrastructure. Santa Rosa is also located 50km west of AngloGold Ashanti's Gramalote gold deposit (2.5 millionounce M&I resource grading 0.8 g/t Au) and 60km east of Continental Gold's Buritica gold deposit (630,000 ounce M&I resource grading 17.8 g/t Au). Pavo Real is an extensive project within the Mid-Cauca gold belt containing both a sedimentary hosted gold system and a 15km long copper/gold/silver skarn formation hosting significant high grade brownfield mines. For further information on Red Eagle Mining please refer to our website www.redeaglemining.com.

Last: 0.52Range: 1.27-0.27Market Cap: 18.8 million

Gold Canyon's Step-out Drilling and Infill Program Continues to Yield Solid Results: 361 Meters at 1.08 Grams per Tonne Gold at the Springpole Gold Project

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINKSHEETS:GDCRF)

is pleased to announce continuing positive assay results from its 2012 barge drilling program at its 100% controlled Springpole Gold Project located 110 kilometers northeast of the Red Lake Mining Camp, Ontario, Canada. Included in recent results is an intercept of 361 meters at 1.08 grams per tonne gold from hole SP12-160 (1,184 feet at 0.032 oz per ton gold).

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Guyana Frontier Mining Corp. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Last: 1.27Range: 3.46-1.00Market Cap: 165 million

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Latin American Minerals Intersects Gold Mineralization in All Drill Holes at Tacuru on the Paso Yobai Gold Project, Tests New High Grade Zones: 107 gpt Over 2.7m & 94.6 gpt Over 2.1m True Width

Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company")

announces results for the Tacurú target, part of the X-Mile Gold Trend located within the Company's 100% owned exploration concession at Paso Yobai, Paraguay. Twelve holes totalling 1712 metres have been drilled at the Tacurú target to date, all of which intersected gold mineralization. Highlights from the most recent drilling include:

• DDH-BT-08:
  • true width 22.0 m with 4.20 gpt gold including 5.69 m with 11.24 gpt, beginning at surface;
  • true width 2.13 m with 94.6 gpt gold including 0.7 m with 271.2 gpt at 34.6 m vertical depth; and
  • true width 2.7 m with 107.7 gpt gold including 0.47 m with 611.07 gpt at 83.3 m vertical depth.

About the Company:

Latin American Minerals Inc. is a mineral exploration company whose core projects include the Company's Independencia Mine and satellite targets in the new Paso Yobai gold district.

Last: 0.13Range: 0.325-0.10Market Cap: 11.4 million

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Riverstone Intersects 3.48 g/t Au Over 12 m at Kao

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)

is pleased to report results from 38 drill holes (28 diamond core ("DD") and 10 reverse circulation ("RC")) on the 100% owned Kao Deposit ("Kao"), which forms part of the Company's flagship Karma Gold Project in Burkina Faso, West Africa (the "Karma Project"). These holes are part of a program of drilling designed to extend the Kao Deposit along strike to the north and down dip (see map on the Riverstone website for the location of the holes: http://www.riverstoneresources.com/i/maps/120723-120713_Kao_PortPlan.jpg).

Significant assay intervals in these drill holes include:

• 3.48 g/t Au over 12 m in DD-12-114
• 2.79 g/t Au over 8 m in DD-12-107
• 2.16 g/t Au over 12 m in DD-12-119
• 2.94 g/t Au over 12 m in DD-12-121
• 2.50 g/t Au over 8 m in DD-12-122
• 2.52 g/t Au over 10 m in DD-12-144
• 2.90 g/t Au over 12 m in DD-12-145
• 11.46 g/t Au over 4 m and 2.54 g/t Au over 6 m in 11-RC-254
• 2.56 g/t Au over 8 m and 1.45 g/t Au over 8 m in 11-RC-255
• 2.54 g/t Au over 6 m and 1.38 g/t Au over 16 m in 11-RC-256
• 1.76 g/t Au over 14 m in DD-12-109
• 1.57 g/t Au over 24 m in DD-12-151

About the company

Riverstone is active in Burkina Faso, West Africa, where it holds a portfolio of four high quality exploration projects covering in excess of 2,000 square kilometres.

Last: 0.42Range: 0.77-0.30Market Cap: 55 million

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