Agoracom Updates

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 Aug 15th, 2012, and we’ve found 7 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.

Gran Colombia Gold Announces Second Quarter 2012 Results with Production of 25,607 Ounces of Gold

Gran Colombia Gold Corp. (TSX: GCM) announced today the release of its unaudited interim condensed consolidated financial statements for the second quarter ended June 30, 2012 and accompanying management's discussion and analysis. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted.

Second Quarter 2012 Highlights

• Gold production of 25,607 ounces in the second quarter of 2012 represented a 15 percent improvement over the same quarter last year bringing total gold production for the first half of 2012 to 51,867 ounces, up 21 percent over the first half of last year. After experiencing some delays in the second quarter, the new ball mill at Maria Dama came on-line in mid-May. Mill throughput subsequently increased, reaching an average of 737 tpd in the month of June, a 45 percent increase compared with the first quarter of 2012. Testing of the new ball mill has proved that it can handle loads of 1,000 tonnes of ore per day ("tpd"). New flotation cells being installed in the third quarter as part of the plant upgrade will address the issues that impacted mill recovery rates in the second quarter, enabling the plant to handle the increased volumes combined with the much higher grade ore delivered by the artisanal miners.
• Revenues of $40.7 million, 47 percent higher than the second quarter of 2011, brought total revenues for the first half of 2012 to $83.4 million. In the first half of 2012, the Company sold 49,232 ounces of gold at an average realized price of $1,650 per ounce.
• Consolidated cash cost of $1,313 per ounce of gold sold increased 10 percent from the first quarter of 2012, primarily due to a 10 percent decrease in the mill recovery rate at Maria Dama at Segovia. Actions are being taken by management to improve operations at Maria Dama in the third quarter and to increase production in the second half of the year at Segovia, which are expected to reduce consolidated cash costs below $1,100 per ounce by the end of 2012.

About Gran Colombia Gold

Gran Colombia is a Canadian-based gold and silver exploration, development and production company with its primary focus in Colombia. Gran Colombia is currently the largest underground gold and silver producer in Colombia with several underground mines in operation at its Segovia and Marmato Operations. In addition, Gran Colombia is advancing a project to develop a large-scale, gold and silver mine at its Marmato operations.

Last: 0.32Range: 0.92-0.28Market Cap: 122 million

Link to hub

Stonegate Agricom Announces 33% Increase in Measured and Indicated Mineral Resource Tonnage Estimates for the Paris Hills Lower Phosphate Zone and New Mineral Resource Estimates for the Upper Phosphate Zone

Stonegate Agricom Ltd. ("Company") (TSX: ST) today announced significant positive revisions in updated Mineral Resource estimates for the Lower Phosphate Zone ("Lower Zone") and new Mineral Resource estimates for the Upper Phosphate Zone ("Upper Zone") of its Paris Hills Phosphate Project in Idaho, U.S.A. All Mineral Resource estimates were completed by Agapito Associates Inc. of Grand Junction, Colorado.

Highlights of New Mineral Resource Estimates:

• Lower Zone estimates of Measured and Indicated Mineral Resources have increased by 33.6% to 29.8 million tonnes from a previously reported 22.3 million tonnes due to the inclusion of assay results from six additional drill holes
• Average grade of Lower Zone Measured and Indicated Mineral Resources continues to be estimated at 30.1% P2O5, unchanged from the previous estimate
• Measured and Indicated Mineral Resources in the Upper Zone are newly estimated at 60.3 million tonnes with an average grade of 22.7% P2O5

About Stonegate Agricom

Stonegate Agricom, which is actively engaged in acquiring and developing agricultural nutrient projects, is currently focused on the development of two potentially world-class, long-life phosphate deposits, the Paris Hills Phosphate Project located in Idaho and the Mantaro Phosphate Project located in Peru. The Company is confident that the two deposits have sufficient size and grade to become strategic, cost-effective sources of phosphate supply for major fertilizer producers. More information is available at www.stonegateagricom.com.

Last: 0.43Range: 1.27-0.325Market Cap: 62 million

Link to hub

Avion Gold Announces Second Quarter Earnings of $15.7 Million ($0.04 Per Share)

Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the "Company") today announces its financial results for the second quarter ended June 30, 2012. All amounts are in United States dollars unless otherwise indicated.

Second Quarter Highlights:

--The Company had earnings of $15.7 million, or $0.04 per share for the

quarter as compared to $15.2 million in earnings, or $0.04 per share for

the comparable quarter last year 

--The Company achieved revenues of $49.4 million this quarter compared to

revenues of $37.9 million for the comparable quarter last year

representing a 30% increase 

--Avion produced 28,637 ounce of gold during the quarter after final

refinery adjustments at a cash cost of per ounce produced of $910.

Please see "Non-GAAP Measures" below. The Company has now set two

consecutive quarterly records for the amount of gold produced in one

quarter, with year to date production of 54,894 ounces after refinery

adjustments. Mining and processing costs were $28.4 million compared to

$12.8 million for the comparable quarter last year. 

--Avion processed 191,500 tonnes of ore at an average grade of 5.05 g/t

Au. Approximately 37% of the ore processed was mined from the

Dioulafoundou and Djambaye open pits, and 63% of the ore was mined from

Tabakoto underground. Average mill recovery for the quarter was 92.5% 

About Avion Gold Corporation Avion is a Canadian-based gold mining company focused in West Africa that holds 80% of the Tabakoto and Segala gold projects in Mali. Avion has developed an underground mine at the Tabakoto deposit, and is developing another underground mine at the Segala deposit. The Tabakoto project property also contains several producing open pit mines. Production sustainability will continue to be supported by exploration programs over an approximately 600 km2 exploration package that both surrounds and is near to the Avion's existing mine infrastructure, and contains mineral resources on the Kofi property. Additionally, mineral resources have grown considerably at Avion's 1,600 km2 Hounde exploration property in Burkina Faso.

Last: 0.69Range: 2.57-0.41Market Cap: 306 million

Link to hub

Argonaut Gold Announces Record Production, Record Revenue and Record Earnings for the Second Quarter of 2012

Argonaut Gold Inc. (TSX:AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce its financial and operating results for the Second quarter ended June 30, 2012. All dollar amounts are expressed in United States dollars unless otherwise specified.

SECOND QUARTER 2012 & RECENT HIGHLIGHTS

Financials

--Revenue of $37.5 million ($21.6 million in Q2 2011). 

--Net income of $11.3 million, $0.12 per basic share. 

--Cash flows from operating activities before changes in non-cash

operating working capital and other items of $16.4 million ($7.6 million

in Q2 2011). 

--Cash on hand was $21.4 million at June 30, 2012.

About Argonaut Gold

Argonaut is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production-stage El Castillo Mine in the State of Durango, Mexico, the La Colorada Mine in the State of Sonora, Mexico, the advanced exploration stage San Antonio project in the State of Baja California Sur, Mexico, and several exploration stage projects, all of which are located in Mexico.

Last: 8.09Range: 10.20-4.58Market Cap: 748 million

Link to hub

Aurizon Announces the Completion of the Marban Block Phase Two Drilling; New Zone Discovered Returns 19.21 Grams of Gold Per Tonne Over 5.6 Metres

Aurizon Mines Ltd. (TSX:ARZ)(NYSE MKT:AZK)(NYSE Amex:AZK)

is pleased to report that the Phase Two exploration program on NioGold's Marban Block property, located in the Malartic gold camp of Quebec's Abitibi region, is now complete. The results from the final 31 drill holes conclude a successful program which identified a new high grade zone approximately 500 metres north of the Marban deposit and 350 metres south of the Norlartic deposit.

The best results from the new zone are:

--19.40 g/t Au over 1.2 metres on section 3600 at a vertical depth of 92

metres (MB-12-323) 

--19.21 g/t Au over 5.6 metres on section 3600 at a vertical depth of 215

 metres (MB-12-324) 

About Aurizon

Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, one of the world's most favourable mining jurisdictions and prolific gold and base metal regions, and by increasing its asset base through accretive transactions. Aurizon shares trade on the Toronto Stock Exchange under the symbol "ARZ" and on the NYSE MKT under the symbol "AZK". Additional information on Aurizon and its properties is available on Aurizon's website at www.aurizon.com.

Last: 3.91Range: 7.25-3.80Market Cap: 642 million

Link to hub

NioGold Mining Corporation Announces New Zone Discovered Hole Returned 19.21 G/T AU Over 5.6 Metres

NioGold Mining Corporation (TSX-V:NOX) (OTCQX:NOXGF) ("NioGold") reports that Phase Two exploration on its Marban Block property in Quebec has identified a new high grade gold zone and extended the Marban deposit on strike and at depth. The results from 31 drill holes conclude a very successful program conducted under the $20 million earn-in option to be spent by Aurizon Mines ("Aurizon") on the property. Approximately $9 million remains on the commitment. The Marban Block is located in the Malartic gold camp, Abitibi region of Quebec.

The new gold zone was discovered at about 500 metres north of the Marban deposit and at 350 metres south of the Norlartic deposit. Two holes intersected a mineralized dioritic dike.

The results of the new zone are:

-19.40 g/t Au over 1.2 m on section 3600 at a vertical depth of 92 m (MB-12-323)

-19.21 g/t Au over 5.6 m on section 3600 at a vertical depth of 215 m (MB-12-324)

NioGold Mining Corporation - << On Canada's Golden Highway >>

NioGold Mining Corporation is a mineral exploration company focused on gold. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or region of the prolific Abitibi gold mining district Quebec. The Cadillac, Malartic and Val-d'Or mining camps have produced over 45 million ounces of gold since the 1930's and presently encompasses six producing gold mines including Osisko Mining's new Canadian Malartic operations. NioGold's land holdings within the Abitibi presently cover 130km2 and encompass four former gold producers, namely the Norlartic, Kierens (First Canadian), Marban and Malartic Hygrade mines that collectively produced 640,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.

Last: 0.40Range: 0.465-0.295Market Cap: 40.3 million

Liberator Medical Reports Net Revenues of $15.0 Million for Third Fiscal Quarter of 2012

hird Quarter 2012 Highlights

• Net revenues of $15.0 million for the third fiscal quarter of 2012, an increase of $1.7 million, or 12.3%, compared with the third fiscal quarter of 2011.

• Income from operations for the third fiscal quarter of 2012 increased by $0.8 million, or 203.9%, to $1.2 million, compared with the third fiscal quarter of 2011.

• Net Income of $676,000 for the third fiscal quarter of 2012, an increase of $586,000, or 651%, compared with the third fiscal quarter of 2011. For the nine months ended June 30, 2012, net income increased $1.6 million, or 813% (including a $902,000 non-cash expense for embedded derivatives in the first quarter of FY2011), compared with the nine months ended June 30, 2011.

• At June 30, 2012, current assets of $17.8 million exceeded current liabilities of $6.5 million by $11.3 million.

About Liberator Medical Holdings, Inc.

Liberator Medical Holdings, Inc.'s subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors. An Exemplary Provider(TM) accredited by The Compliance Team, its unique combination of marketing, industry expertise and customer service has demonstrated success over a broad spectrum of chronic conditions.

Last Trade: 0.75 52 Week: 1.21 – 0.68 Market Cap: 36.07 Million

Vertex Energy Reports a 13% Increase in Revenue for the Second Quarter of 2012 Compared with Second Quarter 2011 & Signing of Definitive Agreement to Acquire Vertex Holdings

Vertex Energy, Inc. (OTCBB:VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, today announced its financial results for the second quarter ended June 30, 2012 and the signing of a Definitive Agreement to acquire substantially all of the assets and liabilities of Vertex Holdings.

Financial highlights for the second quarter and first six months of 2012 include:

• Revenue increased 13% to $31.3 million for the second quarter of 2012 versus $27.8 million in the year-ago second quarter;

• Overall sales volumes in terms of total barrels of finished product sold increased by 14% compared with last year's second quarter;

• Gross profit for the quarter was $750,741 compared with $2.5 million reported in the same period last year;

• Net loss for the second quarter of 2012 was $159,025, or ($0.02) per diluted share, compared with net income of $1.4 million, or $0.10 per diluted share in the second quarter of 2011;

• Revenue increased 37% to $66.1 million for the first six months of 2012 versus $48.1 million in the year-ago period;

• Overall sales volumes in terms of total barrels of finished product sold increased by 24% compared with last year's first six-months;

• Gross profit for the six months 2012 was $3.6 million compared with $4.7 million reported in the same period last year;

• Net income for the first half of 2012 was $1.4 million or $0.10 per diluted share compared with $2.6 million or $0.19 per diluted share in the first half of 2011;

ABOUT VERTEX ENERGY, INC.

Vertex Energy, Inc. (OTCBB:VTNR), is a leading environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. Vertex Energy purchases these streams from an established network of local and regional collectors and generators. The company also manages the transport, storage and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as higher-value end products.

Last Trade: 1.88 52 Week: 3.50 – 1.25 Market Cap: 18.62 Million