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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 6th, 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.

Northquest Ltd. intersects 164 metres grading 5.39 grams gold per tonne in drill hole PB-12-09 at the Vickers Target, Pistol Bay Gold Project, Nunavut, Canada

Northquest Ltd. (TSXV: NQ), (FWB-N3Q) ("Northquest" or "the Company") announces that it has completed approximately half of its planned drilling program at the Pistol Bay Gold Project, Nunavut, Canada. The project consists of 575 square kilometres of mineral rights covering a 35 kilometre strike length of a 2 kilometre wide alteration zone known as the Pistol Bay Corridor which contains numerous gold occurrences. The current drilling program is focussed on the Vickers, Bazooka, and Sako gold occurrences. To date the Company has completed 2,400 metres of drilling and anticipates that approximately 3,500 to 4,000 metres of drilling will be completed by the end of the 2012 drilling season.

Hole

Length
(m)

Azimuth

Inclination

From
(m)

To (m)

Intersection
Length

Au (g/t)

PB-12-09

245.97

00

-55

72.51

236.92

164.41

5.39

About the company

Northquest Ltd. was incorporated in 2008 to provide resource investors with an opportunity to invest in a company exploring for gold and other metals in Canada, Mali, and other prospective geological terranes in other jurisdictions. In order to decrease geologic risk as much as possible, the emphasis is on selecting projects in permissive rocks and in jurisdictions and geologic terranes which have not achieved exploration maturity. In order to acquire large, prospective, exploration projects that meet those criteria, the Company’s projects may be in remote areas, such as the Canadian Arctic, or in jurisdictions which have a certain amount of country risk.

Last: 0.365Range: 0.94-0.36Market Cap: 84 million

Lago Dourado Intercepts 59 Metres of 2.22g/t Gold Including 1 Metre of 62.60g/t Gold from Surface at Juruena Project; Hole Ends in Mineralization

Lago Dourado Minerals Ltd. (TSX VENTURE:LDM), (the "Company") has intercepted a new near-surface intrusive body from its ongoing reconnaissance-style RC drill campaign at its flagship, 100%-owned Juruena Project located in Mato Grosso, Brazil. Hole JRNRC032, drilled 300m north of the Tomate pit, intercepted 59 metres of 2.22g/t gold from surface and ended in mineralization. Key points of note are outlined as follows:

About the Company:

Lago Dourado Minerals Ltd. is a Canadian mineral exploration company focused on advancing its 100%-owned Juruena gold project in the state of Mato Grosso, Brazil. Extensive gold mineralization has been identified over 15 square kilometres of the property, and at least 450,000 oz of gold has been mined from surface workings. The Company has conducted systematic exploration programs over portions of the property and priority target areas will be drill tested with a Phase 2 drill campaign that is expected to be ongoing through 2012.

Last: 0.25Range: 0.58-0.17Market Cap: 23.5 million

Galway intersects 11.6 g/t Au over 19.0 m, expands Machuca

Galway Resources Ltd. (GWY: TSX-V) is pleased to announce assay results from an additional 43 diamond drill holes (17,527.8 meters) at its California gold-silver property in Colombia. The California property is located adjacent to, and on strike with the La Bodega/La Mascota deposit (acquired for $1.5 billion in cash by AUX Canada). Galway's property is at the lowest elevation among the major deposits identified along the California gold trend. Galway also owns a 360 meter-long fractional land position that appears to be directly within AUX's La Mascota mineralized structure. Galway is also exploring the Vetas property, which hosts the El Volcan mine located 8 km southeast of California and is the largest gold producer in the region.

Drill Result Highlights:

  • 11.6 grams per tonne gold (g/t Au) over 19.0 meters (m), including 120.0 g/t Au over 1.0 m and 66.7 g/t Au over 1.0 m in hole GWY-231 located 70 m west of previously-released Machuca results, and 229.5-248.5 m below surface

About The Company
Galway Resources is primarily focused on the exploration of gold in northeast Colombia, with drill programs occurring at the California and Vetas gold projects. Galway also has the Victorio molybdenum-tungsten project, with excellent infrastructure, in southwestern New Mexico. A positive scoping study was completed by SRK in 2008. The recent surge in tungsten pricing, coupled with a steady molybdenum price, has prompted management to reassess strategic alternatives to advance the Victorio project.

Last: 1.17Range: 1.87-0.84Market Cap: 146 million

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Terraco Gold Announces New Drill Results from its Idaho Gold Project, Including 60.4 m of 1.065 gpt Gold and 76.8 m of 0.939 gpt Gold

Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco" or the "Company") is pleased to report additional assay results from the 2012 drill program completed at its Almaden (Nutmeg Mountain) Project located in Washington County, Idaho. The Company is reporting the remaining 6 holes of the spring 2012 core drilling program. Assay results from this in-fill core drilling again encountered significant intercepts from surface to 76.8 metres ("m") or 252 feet ("ft"). Many holes intersected gold grades exceeding the average grade of the deposit and include shorter sections assaying up to 10.80 grams per tonne ("gpt") gold.

Drill Highlights Include:

--Hole TAL-787C intersected 60.4 m averaging 1.065 gpt gold, including
21.3 m averaging 1.881 gpt gold with 13.7 m of 2.246 gpt gold;

About the company

Terraco is a mineral exploration company, listed on the TSX Venture Exchange under the symbol "TEN".

Last: 0.22Range: 0.305-0.10Market Cap: 29.3 million

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NMC Resource (TSX VENTURE:NRC) is on Track for Additional Production Increase at Moland Mine

NMC Resource Corporation (TSX VENTURE:NRC) ("NMC Resource") is pleased to announce that an additional cone crusher and screen have been successfully installed in the underground crushing chamber at NMC Moland Mine ("Moland'). As a result, NMC Resource expects to increase its average daily throughput ("ADT") by 10% compared to Q2, 2012 production. The mill's daily capacity has now been increased to 1,300 tonnes per day. This capital expenditure was fully sponsored by a South Korean government agency.

NMC Resource targeted a 20% increase in ADT for this year. During Q2, 2012, ADT reached 1,109 tonnes, a 27% increase for the quarter compared to 876 tonnes for the corresponding period in 2011. In Q2, 2012, NMC Resource had already exceeded its production ramp-up target.

This continuous production increase is a part of a series of proactive corporate measures designed to allow NMC Resource to survive and grow in this uncertain market environment. With the successful production increase reached in Q2, the cash cost was reduced to US$8.36 per pound of molybdenum sold, a 9% reduction compared to Q1, 2012.

About NMC Resource Corporation

NMC Resource Corporation (TSX VENTURE:NRC) is a mining company with two molybdenum assets: NMC Moland Mine ("Moland") in South Korea and Boss Mountain Mine ("BossMountain") in British Columbia, Canada. Moland started commercial production in April 2010 and a new technical report was filed in December 2011 with an updated resource. An active resource expansion drill program continues at Moland. Resource expansion drilling program requiring deep drill holes has been sponsored by KORES (Korea Resources Corporation, a state-owned mining company). BossMountain is a past molybdenum producer. NMC Resource is currently assessing historical data from 247 drill holes completed by the last mine operator Noranda Mines Ltd.

Last: 0.38Range: 0.92-0.35Market Cap: 10.4 million

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