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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 September 5th, 2012, and we’ve found 5 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 Reports 13.7 Metres of 6.03 g/t Gold on West Side of Kinsley Mountain

Pilot Gold (TSX:PLG) (the "Company") is pleased to report that step-out drilling on the western flank of the Company's Kinsley Mountain Project in Nevada has returned up to 6.03 g/t gold over 13.7 metres, 600 metres northwest of the nearest historic pit. Recent drilling in the Western Flank area has identified a north-trending zone of higher-grade mineralization that is at least 400 metres by 100 metres and remains open in all directions.

Western Flank of Kinsley Range: Reverse Circulation drilling in an area approximately 600 metres northwest of the nearest historic pit and 120 metres north of PK057 (2.30 g/t gold over 19.8 metres; see news release dated August 27th, 2012) returned:

  • 6.03 g/t gold over 13.7 metres in PK061;
    • including 15.18 g/t gold over 4.6 metres;
    • and 6.25 g/t gold over 1.5 metres.
  • 3.91 g/t gold over 3.0 metres in PK063.
  • 1.52 g/t gold over 6.1 metres in PK058.

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

Updated Resource Estimate Reports Substantial Growth in Contained Metals for Paramount Gold and Silver's San Miguel Project

Paramount Gold and Silver Corp. (NYSE MKT:PZG)(NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") today released results from an updated NI 43-101- compliant resource estimate for its 100%-owned San Miguel Project in Mexico. The updated estimate was prepared by Mine Development Associates (MDA, www.mda.com) of Reno, Nevada and includes data from 139 new core drill holes totaling 37,925 meters completed during 2011 and the first half of 2012. Previous resource estimates used in this press release for comparison purposes were also prepared by MDA.

About Paramount Gold

Paramount Gold is a U.S. based exploration and development company with multi-million ounce advanced stage precious metals projects in Nevada (Sleeper) and northern Mexico (San Miguel). Fully funded exploration and engineering programs are now in progress at these two core projects which are expected to generate substantial additional value for our shareholders.

Last: 2.47Range: 3.20-1.98Market Cap: 364 million

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Tembo Gold Reports 10.17g/t of Gold Over 6m Including 19.1g/t of Gold Over 3m from the Initial Drill Results at Its Most Recent Mgusu Target Area

Tembo Gold Corp. (TSX VENTURE:TEM)(FRANKFURT:T23)(OTCQX:TBGPF) ("Tembo" or "the Company") is pleased to report results from the ongoing 2012 drill program on the Tembo Property in the Lake Victoria goldfield of Tanzania. Drill-hole TRC0423 at the Mgusu target (Figure 1) was drilled as part of the phase 1 drilling program on the Tembo property and has returned excellent early drill results (Table 1). With these new intersections Tembo has now encountered significant gold mineralization in its initial drilling at all three of its target areas drilled to date and it continues to demonstrate the anticipated high success of drilling under artisanal mine workings.

Highlights

  • Tembo drill hole confirms significant gold mineralization at 3rd target area on the Tembo project
  • TRC0423: 10.17g/t over 6m from 36.0m including 19.1g/t over 3m
  • Grades and widths similar to those experienced at 14Moz Bulyanhulu mine
  • Over 3.1km of artisanal workings in Mgusu target area provide numerous structures to be tested
  • Sampling of artisanal production at Mgusu returned grades ranging from less than 1 to 35g/t gold

About Tembo Gold Corp.

Tembo Gold Corp. is a Canadian publicly listed mineral exploration company focused on the exploration and development of gold projects in Tanzania and the rest of Africa. The Company currently has 100% interest in the Tembo Gold Project that is located adjacent to African Barrick's 14Moz Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt in Tanzania. The company is led by a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa. The company is currently conducting a 90,000m drill program on its Tembo property.

Last: 0.77Range: 2.29-0.43Market Cap: 31.7 million

Alexander Nubia Reports 46 m grading 2.92 g/t gold and 50.2 g/t silver from Deep Trenching Program at its Hamama VMS Deposit, Egypt

September 5, 2012, Toronto, Ontario. Alexander Nubia International Inc. (TSX-V: AAN) is pleased to announce additional results from its continuing, deep-trenching program from the Western VMS Zone at the Hamama gold-zinc-copper-silver volcanogenic massive sulphide (VMS) project in Egypt. These significant results strongly correlate with and expand on previously reported shallow trenching in the Western VMS Zone (see Table 1). Two new VMS lenses located stratigraphically 400 hundred metres below the Western VMS Horizon have been tested and contain highly anomalous values in base metals. The Hamama VMS deposit has a broad exposed gossan similar to those in other major VMS deposits in the Arabian-Nubian shield. The Main VMS Horizon (which contains the Western VMS Zone) has been traced on surface over 3,000 metre along strike with an extensive mineralized footwall alteration and stringer zone, and stacked VMS lenses beneath the Main VMS Horizon.

  • Deep Trench 86 (DT-86) returned assays over 46 m grading at 2.92 g/t gold, 50.2 g/t silver, 0.1% copper, and 0.18% zinc.

    * Deep Trench 88 (DT-88) returned assays over 32 m grading at 0.58 g/t gold, 15.9 g/t silver, 0.38% copper, and 1.94% zinc.

    * Deep Trench 89 (DT-89) returned assays over 44 m grading at 0.79 g/t gold and 5.9 g/t silver, including 4 m grading at 2.19 g/t gold and 6.0 g/t silver and also including 6 m grading at 1.31 g/t gold and 9.5 g/t silver, with 1.01% copper, and 1.02% zinc.

    * Deep trenching tested two sub-parallel VMS lenses located stratigraphically 400 hundred metres below the Main VMS Horizon; these lenses contain highly anomalous values in base metals.

    * Further results are pending and expected shortly.

About Alexander Nubia International Inc.
Alexander Nubia International Inc. (TSX.V: AAN) is a Canadian mineral exploration and development Company focused on advancing exploration projects in the Eastern Desert in Egypt. The Company holds two exploration concessions: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively. The Abu Marawat Concession contains two principal deposits: the Hamama volcanogenic massive sulphide ("VMS") deposit and the Abu Marawat gold-copper mesothermal vein deposit. Priority and resources have been allocated to the Hamama deposit based on recent discovery of a broad zone of VMS gossan at-surface containing high grade gold, an extensive and mineralized footwall stringer zone and excellent first-stage diamond drilling results.

Last: 0.04Range: 1.05-0.03Market Cap: 4.2 million

Temex Announces Initial NI 43-101 Resources of Measured and Indicated 790,200 oz Gold and Inferred 241,000 oz Gold at Upper Hallnor, Whitney Gold Project, Ontario

Temex Resources Corp. (TSXV: TME), (FWB: TQ1) ("Temex" or "the Company") is pleased to announce an initial National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate on the Upper Hallnor portion (top 550 metres) of the Whitney Gold Property (the "Property") located in Timmins, Ontario. Temex holds 60% and Goldcorp Canada Ltd. holds 40% ("Goldcorp") (as manager, and on behalf, of the Porcupine Gold Mines Joint Venture (a joint venture between Goldcorp Inc. and Goldcorp)); Temex is the operator of the joint venture. The results are summarized below (the estimate parameters are detailed at the end of this release; shown on 100% basis):

Mineral Resource Upper Hallnor In-pit at 0.30 g/t Au cut-off grade

  • Measured ("M"): 232,100 ounces contained in 2,964,000 tonnes at a grade of 2.44 g/t gold
  • Indicated ("I"): 544,000 ounces contained in 8,664,000 tonnes at a grade of 1.95 g/t gold
  • TOTAL M+I: 776,100 ounces Measured and Indicated at a grade of 2.07 g/t gold
  • Inferred: 231,900 ounces contained in 4,024,000 tonnes at a grade of 1.79 g/t gold
  • Wide open for expansion

About Temex Resources Corp.
Temex is a Canadian based exploration company focusing on its portfolio of precious metals properties in Northeastern Ontario, a world class mining district. Temex is exploring the Timmins Whitney Property, in partnership with Goldcorp, and the Juby Gold Project.

Last: 0.21Range: 0.30-0.095Market Cap: 25.7 million

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