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 April 12, 2011, and we’ve found 7 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.

Rio Novo Agrees to Acquire Initial 75% of the Toldafria Gold Project With NI 43-101 Resource of 947,000 oz at 2.38 g/t in Central Colombia

Rio Novo Gold Inc. (TSX:RN) (TSX:RN.WT)

is pleased to announce that it has entered into binding Letter of Intent ("LOI"), subject to confirmatory due diligence, with Core Values Mining & Exploration Company ("CVME") to acquire a 75% operating interest in the Toldafria Gold Project. Toldafria is located in central Colombia on an approximate north south line, between Medoro Resources' Marmato project and Anglogold Ashanti's La Colosa deposit.

* Toldafria is a large area of potentially mineable gold mineralization, which occurs in a stockwork and sheeted vein epithermal complex located about 12 km southeast from Manizales, a city with population of over 400,000 people. Toldafria is in the adjacent Villamaria municipality, Department of Caldas, Colombia. Manizales has good infrastructure, daily air service, abundant main grid hydropower, services, and an available workforce. The elevation of the prospect ranges from 2,600 to 2,900 meters above sea level within Colombia's Central Cordillera.

Rio Novo's CEO David Beatty comments: "Colombia appears to be one of the most exciting developing gold regions in the world. After site visits to over ten central Colombia mineral properties in the past twelve months by our geologic team, Toldafria stood out as by far the best prospect for a multi-million ounce, good grade mineable deposit. Toldafria represents an immediate priority drill target for a substantial program. It increases our Inferred resources in about 75% at a modest cost and on favorable terms. We are pleased to establish a Colombian office to access deal flow in the Middle Cauca District."

About Rio Novo

Rio Novo is currently focused on the acquisition, exploration and development of gold mineral resource properties in Brazil and is initiating similar efforts in Colombia. The Company's goal is to become a producer of gold in the short term by bringing into production its two Brazilian properties, the Almas Gold Project, located in the State of Tocantins State, and the Guarantã Gold Project, located in the State of Mato Grosso.

Last Sale: 2.03 52 Week Range: 1.10 - 2.82 Market Cap: 219.54M

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Auriga Gold Intersects Near Surface Mineralization Including 5.0 Meters Grading 6.59 g/t Gold at Maverick Gold Project, Manitoba

Auriga Gold Corp. (TSX VENTURE:AIA)

reports encouraging results from drilling at the Company's Maverick Gold Project, including initial results from the Phase 2 drilling program to test near-surface gold mineralization. The Maverick Gold Project, located 65 km northeast of Flin Flon, Manitoba, includes the past-producing Puffy Lake Mine and Mill, the adjacent Nokomis Property, and staked mining claims covering a total of 6,640 hectares (66.4 km²).

Richard Sutcliffe, Auriga Gold's President and CEO stated, "We continue to demonstrate continuity of high-grade gold mineralization at the Puffy Lake deposit; and now plan to establish near-surface gold resources that could potentially contribute to a rapid restart of the past producing mine. The Maverick Gold Project has excellent location and infrastructure and we expect to quickly establish a mine development plan at Maverick Gold.

Holes A3-16 to A3-23 were drilled in the southern area of the Puffy Lake deposit to test near surface gold mineralization southeast of the mine portal in the vicinity of section 325N. A highlight includes A3-16 which intersected 5.0 meters grading 6.59 g/t gold from a depth of 8.20 meters. To date, mineralization in these holes has been less consistent than the northern section of the deposit. However, additional assay results are pending on a further six holes from this area which is one of three near surface targets that is being evaluated in the Phase 2 drilling campaign.

About Auriga Gold

Auriga Gold Corp. is a Canadian mine development and exploration company with an experienced team focused on expanding gold resources and developing the combined Puffy Lake and Nokomis properties (the "Maverick Gold Project"). The Company plans to upgrade and expand the historic resources at the Maverick Gold Project and bring the Puffy Lake Mine back into production. The Puffy Lake Mine includes a 1,000 tpd flotation mill, a developed underground ramp to 130 metres depth, is road accessible and close to existing mining infrastructure.

Last Sale: 0.40 52 Week Range: 0.22 - 0.50 Market Cap: 3.05M

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Brazilian Gold Announces $20 Million Bought Deal Private Placement

Brazilian Gold Corporation (TSX VENTURE:BGC)

today announced that it has entered into an agreement with a syndicate of underwriters co-led by Clarus Securities Inc. and Dundee Securities Limited and including Fraser Mackenzie Ltd. (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, subject to certain conditions, 14,300,000 common shares of the Company (the "Common Shares") on an underwritten private placement basis (the "Offering") at a price of $1.40 per Common Share (the "Issue Price") for gross proceeds of $20,020,000.

About Brazilian Gold Corporation

Brazilian Gold Corporation is a Canadian based public company with a focus on acquisition, exploration and development of mineral properties in northern Brazil including a portfolio of ten grass-roots to development stage gold projects (8 projects in the Tapajós and 2 projects in the nearby Alta Floresta Gold Province). Brazilian Gold also owns a 75% interest in the Rea Uranium Project in northeastern Alberta.

Last Sale: 1.50 52 Week Range: 0.27 - 1.60 Market Cap: 104.76M

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Richfield Drills 124 Metres of 1.89 g/t Au and 25.71 Metres of 8.91 g/t Au

Richfield Ventures Corp. (TSX VENTURE:RVC)

is pleased to report drill results for nine holes of the 2011 30,000 metre drill campaign to expand and delineate the resource on the Blackwater Gold Project. The project is approximately 100 km south of Vanderhoof, BC.

Highlight hole BW129 - 124 Metres of 1.89 g/t Au and

BW127 - 25.71 Metres of 8.91 g/t Au

About the company

Richfield Ventures Corp. is a public mineral exploration company trading on the TSX Venture Exchange under the symbol RVC. Richfield has been actively acquiring and exploring mineral tenures in the Quesnel Trough and Nechako Plateau regions of British Columbia.

Last Sale: 9.70 52 Week Range: 0.87 - 10.34 Market Cap: 274.22M

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Fortuna Silver Reports Increase in Reserves and Resources

Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI)

is pleased to announce updated mineral reserve and mineral resource estimates for the Caylloma Mine located in southern Peru and for the San Jose Project located in southern Mexico.

Highlights of Combined Reserve and Resource Update

* Proven + Probable Reserves increased by 4.8% in terms of tonnes and 3.7% in contained silver, after replacement of 675,000 tonnes consumed through production at Caylloma. Contained gold decreased by 5.1%.

* Measured + Indicated Resources increased by 750% in terms of tonnes and 1790% and 1550% with respect to contained silver and gold.

* Inferred Resources increased by 47% in terms of tonnes and 17% and 14% with respect to contained silver and gold.

* Proven + Probable Reserves total 7.9M tonnes containing 45.1M oz silver and 238.9k oz gold.

* Measured + Indicated Resources total 2.3M tonnes containing 10.4M oz silver and 44.6k oz gold.

* Inferred Resources total 6.4M tonnes containing 34.7M oz silver and 215.9k oz gold.

Fortuna Silver Mines Inc.

Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is selectively pursuing additional acquisition opportunities.

For further information:

Investor Relations:
Management Head Office: Carlos Baca - Tel: +51.1.616.6060, ext. 2
Corporate Office: Ralph Rushton - Tel: +1.604.484.4085

Last: 5.91Range: 6.81-1.85Market Cap: 723 million

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Argentex Drills 12.0 Meters Grading 512.5 g/t Ag and 1.12 g/t Au at Pinguino Project and Expands High-Grade Silver Footprint to New Zones

Argentex Mining Corporation (TSXV: ATX, OTCBB: AGXM)

is pleased to release additional drill results from its 2011 exploration program at its 100%-owned Pinguino project located in Santa Cruz, Argentina.To date, the Company has completed 11,195 meters of RC drilling in 162 holes and 3,611 meters of diamond drilling in 19 holes. The following table includes results from the most recent 18 holes from the Marta Este and Marta Sur veins.

Highlights

Prior to 2010, primary mineralization at Marta Este was drill tested at depth and high concentrations of silver were discovered, meriting further investigation. The new shallow drilling intersected wide intervals of silver and gold mineralization with higher-grade values in the centers. Hole PR62-11 returned an interval of 24 meters grading 277.4 g/t Ag and 0.68 g/t Au, and contained a higher-grade core of 12 meters grading 512.5 g/t Ag and 1.12 g/t Au.

About Argentex:

Argentex Mining Corporation is an exploration company focused on the discovery of silver, gold and polymetallic deposits on its advanced late-stage exploration projects in the Patagonia region of southern Argentina.

Last: 1.45Range: 1.50-0.49Market Cap: 61.72 million

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Mercator and Creston Announce Friendly Business Combination to Create a Significant Copper-Moly Company With An Industry-Leading Growth Profile

Mercator Minerals Ltd. (TSX: ML) ("Mercator") and Creston Moly Corp. (TSXV: CMS) ("Creston")

are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Mercator will acquire all the outstanding common shares of Creston by way of a plan of arrangement.

Under the plan of arrangement, shareholders of Creston will receive 0.15 of a common share of Mercator and $0.08 in cash, in respect of each common share of Creston. This represents an implied premium of 43% and 40% based on each company's closing price and 20-day volume weighted average share price, respectively, as at April 8, 2011 (the last full day of trading for Creston prior to announcement).The proposed transaction values Creston at approximately C$195 million.

The board of directors and management of the combined company will draw from the expertise of both companies.Mr. Gavin Thomas will continue as Non-Executive Chairman.Mr. Bruce McLeod (current President and CEO of Creston) will become President and CEO of the combined company.Mr. Michael Surratt (current President and CEO of Mercator) will continue to work with the combined company, on a consultancy basis, as Technical Advisor to the President and CEO.Mr. Mark Distler will continue in his current role as CFO of the combined company.The combined board of directors will be comprised of Gavin Thomas (Non-Executive Chairman), Bruce McLeod (President and CEO), Colin K. Benner, Joseph Keane, Stephen Quin, Robert Quinn, Ron Vankoughnett and one additional independent director to be appointed at a future date.

About Mercator Minerals Ltd.

Mercator Minerals Ltd. is a TSX listed mining company with an experienced management team that has brought the mill expansion at the Mineral Park Mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to maximizing profits at the Mineral Park Mine and the development of the El Pilar copper project in Mexico.

Last: 3.69Range: 4.90-1.27Market Cap: 729 million

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About Creston Moly Corp.

Creston is a mineral exploration company focused on the exploration and development of the El Creston Property in Sonora, Mexico, of which the Company holds a 100% interest.

Last: 0.46Range: 0.53-0.16Market Cap: 117 million

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TechPrecision Corporation Receives Additional $1.5 Million Order for Renewable Energy Equipment

TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), an industry leading manufacturer of precision, large-scale fabricated and machined metal components and systems with customers in the alternative energy, cleantech, medical, nuclear, defense, aerospace and other commercial industries, today announced that it has received an order with a value of approximately $1.5 million from an existing customer for advanced vacuum chambers used in the renewable energy market.

The order is expected to ship by the end of second quarter of calendar 2011.

About TechPrecision Corporation

TechPrecision Corporation, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., is an industry leading, global manufacturer of precision, large-scale fabricated and machined metal components and systems. These products are used in a variety of markets including: renewable energy (solar and wind), medical, nuclear, defense, industrial, and aerospace.

Last Trade: 1.98 52 Week; 1.98 – 0.70 Market Cap: 29.27 Million