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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 27th, 2012, and we’ve found 4 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.

Pilot Gold Intersects 19.8 Metres of 2.30 g/t Gold, Extending Mineralization Over 2.2 Kilometres at Kinsley Mountain, Nevada

Pilot Gold (TSX:PLG)

is pleased to report that reverse-circulation (RC) step-out drilling at the Company's Kinsley Mountain Project in northeast Nevada has returned up to 2.30 g/t gold over 19.8 metres on the western flank of the Kinsley Range, 550 metres northwest of the nearest historic pit. Additionally, a newly discovered zone of mineralization, Candland Canyon, was identified 250 metres east of historic mining operations. Mineralization at Kinsley Mountain now extends over a distance in excess of 2.2 kilometres and is interpreted to extend under cover to the north.

NEW DRILL RESULTS

Western flank of Kinsley Range: Ongoing RC drilling approximately 550 metres northwest of the nearest historic pit is testing a prospective area with limited historic drilling. To date, results have been received for two holes:

  • 1.73 g/t gold over 15.2 metres in PK056
  • 2.30 g/t gold over 19.8 metres in PK057

ABOUT PILOT GOLD

Pilot Gold is a gold exploration company led by a proven technical team that continues to discover and define high-quality projects featuring strong grades and meaningful size in mining-friendly addresses. Our three key assets include interests in the Halilaga and TV Tower projects in Turkey, and the Kinsley Mountain project in Nevada, each of which has the ability to become a foundational asset. We also have a pipeline of projects, characterized by large land positions and district-wide potential that can meet our growth needs for years to come. For more information, visit www.pilotgold.com.

Last: 1.02Range: 2.35-0.81Market Cap: 63 million

Claude Intercepts 14.58 g/t over 29.74 metres at Santoy Gap, Seabee Project

Trading Symbols
TSX - CRJ
NYSE MKT - CGR

today provided an exploration update from its 2012 drill program at Santoy Gap within the Company's 100 percent-owned, 14,400 hectare Seabee Gold Project. Newly released drill results have extended the mineralized system up-dip, along strike to the north and at depth as well as confirming continuity within the existing inferred resource (Table 1). Drill hole JOY-12-677 returned the widest intercept to date, 14.58 grams of gold per tonne over 29.74 metres, confirming a high grade core that hosts multiple vein sets over combined widths of between 20 and 30 metres. Santoy Gap currently hosts an inferred resource of 495,000 ounces at 6.63 grams of gold per tonne. The system remains open in most directions and underground development from the existing Santoy 8 infrastructure has been initiated.

About the company

Claude Resources Inc. is a gold producer with shares listed on both the Toronto Stock Exchange (TSX-CRJ) and the NYSE MKT (NYSE MKT-CGR). The Company is also engaged in the exploration and development of gold mineral reserves and mineral resources. The Company's entire asset base is located in Canada. Its main revenue generating asset is the 100 percent owned Seabee Gold Project, located in northern Saskatchewan. Since 1991, Claude has produced over 995,000 ounces of gold from the Seabee Gold Project. Claude also owns 100 percent of the Madsen property near Red Lake, Ontario and 100 percent interest in the Amisk Gold Property in northeastern Saskatchewan.

Last: 0.69Range: 2.36-0.55Market Cap: 119 million

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Nevada Sunrise Reports 19.8 Metres of 2.3 g/t Gold at Kinsley Mountain

Nevada Sunrise Gold Corp., ("Nevada Sunrise") (TSX VENTURE:NEV) has received further drilling results from Pilot Gold Inc. ("Pilot Gold") and is pleased to report that reverse circulation ("RC") drill holes returned up to 2.3 grams/tonne gold over 19.8 metres on the western flank of the Kinsley Range, 550 metres northwest of the nearest historical pit at Kinsley Mountain in northeast Nevada. A newly discovered zone of mineralization, Candland Canyon, has been delineated 250 metres east of historical mining operations. Mineralization at Kinsley Mountain now extends over a distance in excess of 2.2 kilometres and is interpreted to extend under overburden cover to the north.

Highlights of New 2012 Drill Results

Western Flank of Kinsley Range : Ongoing RC drilling approximately 550 metres northwest of the nearest historical pit is testing a prospective area with limited historical drilling. To date, results have been received for two holes:

  • 1.73 grams/tonne gold over 15.2 metres in PK056
  • 2.3 grams/tonne gold over 19.8 metres in PK057

About Nevada Sunrise

Nevada Sunrise (TSX VENTURE:NEV) is a publicly-traded gold exploration company that holds a portfolio of three projects in Nevada, namely Kinsley Mountain, Golden Arrow, and Pinnacle, totaling approximately 15,735 acres (6,368 hectares) of prospective land. Nevada Sunrise applies the exploration experience and technical skills of its founders to search for and acquire new gold exploration projects that are developed internally and then offered for joint venture. For the latest details on the Nevada Sunrise, its properties, management team and philosophy, please visit our website at www.nevadasunrise.com or contact William Henderson, President and CEO at (530) 887-9901.

Last: 0.13Range: 0.245-0.035Market Cap: 12.3 million

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Salazar Intersects 7.40 Meters of 2.50 g/t Gold, 74.61 g/t Silver, 3.45% Copper and 5.07% Zinc Northeast of the El Domo Deposit

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG)

is pleased to report results for the final 14 holes (2,788.1 meters) from the Phase IV diamond drill program on the Company's 100-per-cent-owned (30,327 ha) Curipamba volcanogenic massive sulphide (VMS) project in Ecuador. The release of these holes completes the reporting of results from the Phase IV drill program. The Phase IV program comprised 51 holes (10,245.92 meters) of new exploratory drilling and none of the holes were included in the updated resource estimate released by Salazar on January 12, 2012.

Highlights:

  • CURI-198 intersected 7.40 meters grading 2.50 g/t gold, 74.61 g/t silver, 3.45% copper and 5.07% zinc.
  • CURI-200 intersected 3.95 meters grading 6.45 g/t gold, 159.49 g/t silver, 1.58% copper and 11.29% zinc.

About Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador", thus have thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects - 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

Last: 0.40Range: 0.79-0.25Market Cap: 18.6 million

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