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Message: AGORACOM Small Cap TV - March 15th - Highlights

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 March 15th, 2011, 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.

Gold Canyon Discovers Shallow High-Grade at Springpole Gold Project: Hole SP11-040 Intersects 100.5 Meters at 7.23 Grams per Tonne Gold

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) (

announce assay results for two new drill holes from its Winter 2011 Diamond Drill Program at its 100% controlled Springpole Gold Project, located 110 kilometers northeast of the Red Lake Mining Camp, Ontario, Canada. Results include 100.5 meters at 7.23 grams per tonne gold (330 feet at 0.211 oz per ton gold) in hole SP11-040, a vertical infill hole testing the mid-section of the Portage Zone.

*Diamond drill hole SP11-040 is a vertical hole collared on the 0+450 m section in a near surface area in which no modern or historic drilling was previously undertaken. This hole intersected 100.5 meters at 7.23 grams per tonne gold (330 feet at 0.211 oz per ton gold) including 28.5 meters at 19.73 grams per tonne gold (93 feet at 0.576 oz per ton gold) beginning at the overburden – bedrock interface, 51 meters down hole.

It is believed that this drill hole has encountered a previously unrecognized high-grade zone of alteration and mineralization within the Portage Zone. The true width of this high-grade zone cannot be estimated at this time. SP11-040 was intended as an infill hole, reaching a targeted depth of 151.5 meters and ending in mineralization.

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Guyana Frontier Mining Corp. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Last Sale: 2.2952 Week Range: 0.18 - 2.76 Market Cap: 168.27M

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East Asia Minerals Confirms Connection Between Miwah Bluff and Block M With 2.28 g/t Gold Over 95 Metres Within 159.5 Metres Grading 1.46 g/t Gold

East Asia Minerals Corporation (TSX VENTURE:EAS)

reports that the NI43-101 resource drilling program at the Miwah Main Zone in Aceh Province, Northern Sumatra, Indonesia, continues to be on schedule with completion of the initial estimate expected early Q2, following which, exploration drilling will continue in order to expand on the initial resource.

Recent highlights include EMD058 which encountered 1.46 g/t gold over 159.5 metres, including 2.28 g/t gold over 95 metres, confirming the connection between Miwah Bluff and Block M.

About East Asia Minerals Corporation
East Asia Minerals (TSX VENTURE:EAS) is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia the Company has a 70 to 85% interest in six advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. The Company owns seven uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and two phosphate properties in Mongolia. East Asia currently has 77,089,872 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

Last Sale: 5.90 52 Week Range: 4.80 - 8.73 Market Cap: 446.37M

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LUNA GOLD DRILLS 19.00 M @ 1.45 G/T AU AND 2.00 M @ 130.45 G/T AU AT AURIZONA

Luna Gold Corp. (TSXV: LGC)

announce positive assay results from eight holes from its ongoing resource drill program

at the Piaba gold deposit, Aurizona. An updated drill plan map and cross sections have been uploaded to the Luna Gold website at www.lunagold.com or to view directly click below. Significant mineralized intercepts are highlighted below:

* 19.00 m @ 1.45 g/t Au including 2.00 m @ 5.99 g/t Au and 1.00 m @ 6.44 g/t Au in BRAZD285

* 15.00 m @ 1.46 g/t Au including 1.00 m @ 4.20 g/t Au in BRAZD286

* 9.00 m @ 2.23 g/t Au including 1.00 m @ 10.65 g/t Au and 2.00 m @ 8.85 g/t Au in BRAZD287

* 2.00 m @ 130.45 g/t Au and 6.00 m @ 1.67 g/t Au including 2.00 m @ 3.83 g/t Au in BRAZD288

About Luna Gold Corp
Luna Gold is a producing gold company, with development and exploration projects. Gold production is from the Aurizona Mine in Maranhão state Brazil, development is the Cachoeira deposit Para, Brazil and the Company is exploring in a large strategically placed land position in Maranhão, Brazil.

Last: 0.57Range: 0.87-0.49Market Cap: 248 million

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China Sky One Medical Announces Fourth Quarter and Fiscal Year 2010 Results

China Sky One Medical, Inc. ("China Sky One" or "the Company") (Nasdaq:CSKI - News), a leading fully integrated pharmaceutical company producing over-the-counter drugs in the People's Republic of China ("PRC"), today announced financial results for the fourth quarter and fiscal year ended December 31, 2010.

Fourth Quarter 2010 Highlights

  • Total revenues decreased by $3.0 million, or 10.2% to $26.8 million as compared to the corresponding period of 2009
  • Gross profit was $19.1 million with gross margin of 71.2%
  • Operating income was $4.3 million, as compared to $9.1 million in the corresponding period of 2009
  • Net income was $2.5 million, or $0.15 per diluted share
  • Excluding the effect of non-cash items related to changes in the fair value of the Company's derivative warrant liabilities and share based compensation expenses, non-GAAP net income was $3.6 million, or $0.21 per diluted share, as compared to $7.9 million, or $0.47 per diluted share a year ago
  • Acquired rights to cultivate and produce herbs and other ingredients for use in traditional Chinese medicines (TCM) and other health food products on 74,000 acres of forested land in the Xiao Xing'an Mountain region

Full Year 2010 Highlights

  • Total revenues increased 2.0% to $132.7 million, in-line with management guidance
  • Gross profit was $96.7 million with gross margin of 72.9%
  • Operating income decreased 18.7% to $37.6 million
  • Net income increased 16.1% to $36.0 million, or $2.14 per diluted share
  • Excluding the effect of non-cash items related to changes in the fair value of the Company's derivative warrant liabilities and share based compensation expenses, non-GAAP net income was $28.2 million, or $1.68 per diluted share, as compared to $37.0 million, or $2.22 per diluted share in 2009
  • Relocated corporate headquarters to Harbin Song Bei New Development District
  • Acquired rights to cultivate and produce herbs and other ingredients for use in traditional Chinese medicine (TCM) and other health food products on 74,000 acres of forested land in the Xiao Xing'an Mountain region

About China Sky One Medical, Inc.

China Sky One Medical, Inc., a Nevada corporation, is a holding company. The Company engages in the manufacturing, marketing and distribution of pharmaceutical, medicinal and diagnostic products. Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company ("TDR"), Harbin First Bio-Engineering Company Limited ("First"), Tianlong and Peng Lai Jin Chuang Pharmaceutical Company ("Jin Chuang") the Company manufactures and distributes over-the-counter pharmaceutical products, which make up its major revenue source.

Last Trade: 4.890152 Week: 17,.49 – 4.59Market Cap: 82.11 Million

EMRISE Receives $1.8 Million in Electronic Device Orders for In-Flight Entertainment and Connectivity (IFE&C) Systems

EMRISE CORPORATION (OTC Bulletin Board: EMRI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that it has received orders valued at approximately $1.8 million for electronic devices and subsystems to be used in In-Flight Entertainment and Connectivity (IFE&C) systems. Including these orders, EMRISE has announced more than $11.1 million in major orders for its Electronic Devices and Communications Equipment business units since early December 2010.

This $1.8 million in orders will add to that portion of growing backlog of orders expected to start shipping in the third quarter of this year, which the company believes will contribute to our profitability in the last half of 2011,"

Shipment of these new orders, which were booked by the Company's Pascall Electronics Ltd. subsidiary in England, is expected to begin in the third quarter of 2011 and be completed by the fourth quarter of 2012.

About EMRISE Corporation

EMRISE designs, manufactures and markets electronic devices, sub-systems and equipment for aerospace, defense, industrial and communications markets. EMRISE products perform key functions such as power supply and power conversion; radio frequency (RF) and microwave signal processing; and network access and timing and synchronization of communications networks. The use of its network products in network timing and synchronization in edge networks is a primary growth driver for the Company's Communications Equipment business segment.

Last Trade: 0.6552 Week: 1.35 – 0.20Market Cap: 6.93 Million

Capital Gold Corporation Reports a 51% Increase in Revenue for Second Quarter

Capital Gold Corporation (Amex: CGC; TSX: CGC) ("CGC") today reported a 51% increase in revenue for the quarter ending January 31, 2011, compared to the prior year's period. Net income for the six months ended January 31, 2011 and 2010 was approximately $8,242,000 and $5,884,000, respectively, representing an increase of approximately 40% over the prior period. During the quarter, 14,573 ounces of gold were sold at an average price of $1,375 per ounce.


<< About Capital Gold >>

Capital Gold Corporation (CGC) is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the "El Chanate" gold mine located near the town of Caborca in Sonora, Mexico. On August 2, 2010, Capital Gold acquired Nayarit Gold Inc. Capital Gold is focused on optimizing the El Chanate operations and advancing the Del Norte deposit in the Orion District in the state of Nayarit, Mexico. Capital Gold also owns and leases mineral concessions near the town of Saric, also located in Sonora, that are undergoing exploration for gold and silver mineralization.

Last Trade: 5.3452 Week: 5.79 – 2.30Market Cap: 327,7 Million

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