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 29th, 2012, and we’ve found 2 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.
Vista Gold Corp. Reports Additional Mt. Todd Drilling Results, including 1.03 g/t Gold over 206 meters
Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today reported further drilling results from its ongoing resource conversion drilling program at the Mt. Todd gold project in Northern Territory, Australia.
Highlights of the most recent five drill hole results include:
- 1.03 grams per ton (g/t) gold over 206 meters in VB12-013
- 0.99 g/t over 24.9 meters in VB12-011 starting at 169 meters in depth
- 2.46 g/t over 33.3 meters including 4.29 g/t over 14.1 meters in VB12-012
About Vista Gold Corp.
Vista is focused on the development of the Mt. Todd gold project in Northern Territory, Australia, to achieve its goal of becoming a gold producer. Vista is advancing exploration on its Guadalupe de los Reyes gold/silver project in Mexico and has recently granted Invecture Group, S.A. de C.V. a right to earn a 62.5% interest in the Concordia gold project, in Mexico. Vista's other holdings include the Awak Mas gold project in Indonesia and the Long Valley gold project in California. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.
Last: 2.95Range: 4.55-2.32Market Cap: 227 million
Tower Intersects Near Surface High Grade Gold and Silver at JD; 12.6 Meters Grading 10.82 Grams per Tonne Gold and 65.70 Grams per Tonne Silver
Tower Resources Ltd. TWR
Vancouver, B.C. - Tower Resources Ltd. is pleased to report initial results from phase one drilling at its 100% controlled JD Property in north-central British Columbia where high-grade gold and silver was intersected over significant widths in the Finn Zone.
Selected highlights from the first three diamond drill holes in the Finn Zone include:
-12.6 meters (m) grading 10.82 grams per tonne (g/t) gold (Au) and 65.70 g/t silver (Ag) in hole JD-12-003
-21.5 meters grading 4.92 g/t Au and 53.99 g/t Ag in hole JD-12-002
21.2 meters grading 3.80 g/t Au and 24.53 g/t Ag in hole JD-12-001
About the company
Tower Resources Ltd. (TWR:V) is a Vancouver-based junior mining company focused on the exploration and development of Au - Ag projects in the Province of British Columbia, Canada. The majority of the company's 2012 activity will be focused on expansion and confirmation drilling at its flagship JD Project located in north central BC with the goal of producing an initial 43-101 resource calculation in 2013.
Last: 0.32Range: 0.50-0.22Market Cap: 8.8 million