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 31st, 2012, and we’ve found 4 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.

Arianne Resources Inc./Final NI 43-101 Lac-a-Paul Pre-Feasibility Study Update Filed on SEDAR

SAGUENAY, QUÉBEC--(Marketwire - July 31, 2012) - Ressources d'Arianne Inc. (the "Company" or "Arianne") (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to announce that the final NI 43-101 compliant report on its Pre-Feasibility Study Update (PFSU) has been completed by Met-Chem Canada and posted on SEDAR as of July 16, 2012. The final report confirms the initial findings reported on May 30, that a 3 million t/yr phosphate concentrate mine production scenario will generate an NPV8% close to $1 Billion ($985 million), a 23.2% IRR and a 3.9 year capital payback on a pre-tax basis.

Highlights of the Pre-Feasibility Study Update ($US)

• Measured & Indicated resources remain at 348 million tonnes @ 6.50% P2O5
• Additional Inferred resources of 114 million tonnes @ 5.46% P2O5 are not included in the Study
• Combined Paul and Manouane proven and probable Mineral Reserves remain at 307 million tonnes, with average grade of 6.59% P2O5 and average stripping ratio of 0.83 (Cut-off grade of 2.43% P2O5)
• Annual production will average 3 million tonnes of 38% P2O5 apatite concentrate with low impurities
• 17 year mine life at 50,000 tonnes ore/day production rate with average mill recovery of 90%
• Average concentrate price of $175/tonne FOB rail

About the company

Arianne Resources (www.arianne-inc.com) through its wholly owned subsidiary Canada Phosphate (www.canadaphosphate.com) owns and is developing the Lac a Paul phosphate-titanium deposit that produces a superior grade apatite concentrate grading close to 39% P2O5. Arianne Resources also owns several other exploration properties exploring for gold, silver and other metals in Canada and Mexico. The Company currently has 67 M shares issued.

Last: 0.91Range: 2.48-0.80Market Cap: 61.5 million

Link to hub

Excelsior Intersects 599 Feet at 0.79% Copper

Excelsior Mining Corp. (TSX VENTURE:MIN)(OTCQX:EXMGF)(FRANKFURT:3XS) ("Excelsior") is pleased to announce the final assay results from the 10,502 foot (3,150 metre) diamond drill program on its Gunnison Copper Property located within the copper porphyry belt in southern Arizona. Highlights are shown in the following table.

"Drill hole 24 represents one of the best intersections that we have seen to date at Gunnison; this is very encouraging," stated Dr. Stephen Twyerould, President and Chief Executive Officer of Excelsior. "These results confirm what we were expecting and provide more evidence that Gunnison is a robust copper deposit."

The Gunnison project has an NI 43-101 compliant copper resource of 3.21 billion pounds Indicated oxide copper (511 million tons at 0.31% copper) and an additional 0.88 billion pounds Inferred oxide copper (159 million tons at 0.28%).

All samples are prepared from manually split half-core sections on site in Arizona. Split drill core samples are then sent to Skyline Assayers & Laboratories in Tucson, Arizona for Total Copper and Sequential Copper analyses. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control Program.

About Excelsior

Excelsior is an exploration and development company with a copper project located within the Copper Porphyry Belt of Arizona. The Gunnison Copper Project is located close to the required infrastructure and its oxide resource has the potential to be mined using in-situ recovery methods. The Excelsior team consists of experienced professionals with proven track records of advancing projects towards production.

Last: 0.185Range: 0.85-0.185Market Cap: 9.7 million

Otis Releases Kilgore NI 43-101 Resource Estimate

Otis Gold Corp. (TSX VENTURE:OOO)(OTCQX:OGLDF) ("Otis" or the "Company")

is pleased to announce the release of an updated National Instrument 43-101 Resource Estimate, effective July 31, 2012, for its 100%-owned Kilgore Gold Deposit ("Kilgore") located in Clark County, Idaho. This is the first resource estimate prepared by Otis since acquiring the property in the fall of 2008. The updated resource estimate includes all historical drilling, plus an additional 92 HQ core holes (totaling 19,630 m) drilled by Otis between 2008 through 2011. This updated resource estimate supersedes the original NI 43-101Resource Estimate prepared by Rayner and Associates and Van Brunt in 2002 ("2002 Estimate"; see Otis Gold March 2, 2009 news release for details of estimate).

Highlights

• An Indicated Resource of 520,000 oz Au in 27.35 million tonnes at a grade of 0.59 g/t Au; this new Indicated Resource represents an increase of 138% in the number of ounces and 328% in the number of tonnes over the 2002 Estimate.
• An Inferred Resource of 300,000 oz Au in 20.23 million tonnes at a grade of 0.46 g/t Au; this new Inferred Resource represents an increase of 12% in the number of ounces and 131% in the number of tonnes over the 2002 Estimate.

The results from Otis' drilling programs have moved previously defined Inferred resources into the Indicated category and have added new resources to both the Indicated and Inferred categories.

About the Company

Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho.

Last: 0.10Range: 0.42-0.07Market Cap: 5.0 million

Link to hub

Bonanza Grade Intercept at Newman Todd 19.86 Ounces/t Gold Over 1.64 Feet (681 g/t Over 0.50 Metres)

Confederation Minerals Ltd. ("Confederation") (TSX VENTURE:CFM)

is pleased to announce additional results from the 2012 diamond drill program holes at the Newman-Todd property in Red Lake, Ontario.

Summary of Results for hole NT-114: (See Table 1)

• 4.0 metres of 8.43 g/t gold including 1.0 metre of 19.0 g/t gold
• 31.0 metres of 12.61 g/t gold including 13.0 metres of 3.36 g/t gold and 0.50 metre of 23.0 g/t gold and including 0.50 metre of 681.0 g/t gold.

About Confederation Minerals Ltd.

Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit. Confederation Minerals Ltd. holds an option agreement to acquire up to 70% of the Newman Todd project in the Red Lake Mining District of Northern Ontario as well as 100% ownership in two other properties in the Red Lake Mining District of Ontario.

Last: 0.305Range: 0.89-0.275Market Cap: 16.8 million

Lac Herbin's Bonanza Zone Expanded With Definition Drilling Returning Up to 7.6 g/t Au Over 10 Metres

QMX GOLD CORPORATION (TSX:QMX)(OTCQX:AXSMD) ("QMX Gold" or the "Company") is pleased to report encouraging results from the 2012 definition diamond drill hole ("DDH") program at the Bonanza Zone of its wholly-owned Lac Herbin Mine.

The 2012 definition DDH program, which started at the end of February, has completed 43 holes for 2,561 metres of core from three different underground platforms on level 22 of the Lac Herbin Mine. The best assay results are from:

• Hole LH03-316, returning 7.63 g/t Au over 10.50 metres (true width)
• Hole LH03-390, returning 19.24 g/t Au over 2.80 meters (true width)

About QMX Gold

QMX Gold Corporation is a Canadian publicly traded mining company focusing on mine development and exploration in Quebec and Manitoba. The Company is listed on the Toronto Stock Exchange ("TSX") and effective July 5, 2012, will trade under the symbol "QMX", and trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "AXSMD". QMX Gold continues to be a dynamic and aggressive mining company operating in Canada's richest mining regions: Val-d'Or, Quebec, and Snow Lake, Manitoba. QMX Gold continues to operate in the mineral rich Val-d'Or area with production estimated at 18,000-20,000 ounces of gold per year. The Company has also begun to ramp-up pre-production activities at its property at the Snow Lake Mining Camp which has a Measured and Indicated Mineral Resources of over 720,000 oz gold and is expected to produce 80,000 ounces of gold per year.

Last: 0.49Range: 0.60-0.025Market Cap: 14.6 million