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 20th, 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.

NI43-101 Mineral Resource Estimate Reports Significant Contained Ounces of Gold for the East Coldstream Gold Deposit in Northwestern Ontario

Foundation Resources Inc. (FDN: TSX-V)

pleased to announce the receipt of a draft of an NI43-101 Technical Report ( the "Report") including a Mineral Resource Estimate for the East Coldstream Gold Deposit ("Deposit") located on the Coldstream Property (the "Property) in Northwestern Ontario. There are currently four other significant gold targets (e.g., Iris Lake, Goldie Zone, Burchell West and Span Lake) on the Property, which are not part of the current resource estimates.

-Inferred Resource contains approximately 763,200 ounces of gold

-Indicated Resource contains approximately 96,400 ounces gold

-East Coldstream Deposit occurs at surface and is open in both strike and dip

-Awaiting assay results from recent drilling at Iris Lake located 1.5 km north of the East Coldstream Deposit

About Foundation Resources Inc.

Foundation is a mineral exploration company focused on exploration and development of gold and base metal properties in Canada and Mexico. Its flagship Coldstream gold project in the Shebandowan greenstone belt and Mitchell base metal property in the Birch-Uchi greenstone belt east of Red Lake occur within the Western Superior geological province of the Canadian Shield, noted for hosting prolific gold and base metal deposits in Ontario, Canada. The San Rafael gold-silver property is located approximately 150 km northwest of Durango in the Durango State, Mexico.

Last: 0.185Range: 0.60-0.105Market Cap: 6.4 million

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Carpathian's Latest Drill Results, Including 438 m of 0.83 g/t Au & 0.19% Cu, Confirm Continuing Expansion of the Ciresata Deposit, Romania

Carpathian Gold Inc. (TSX:CPN)

wishes to provide further results from its 35,000 metre 2011 diamond drill program at the Corporation's 100% owned Rovina Valley Project ("RVP") in west-central Romania. The RVP includes three Au-Cu porphyries discovered by the Corporation. The focus of the 2011 drilling program is the gold-rich Ciresata copper porphyry deposit. Five drill rigs are presently working at the Ciresata deposit, with the objectives of defining the deposit limits and upgrading the inferred resource to the measured plus indicated resource categories.

--438 metres at 0.83 g/t Au and 0.19% Cu (1.23 g/t Au-eq(i)) in drill hole
RGD-41
--Inclusive of 170 metres at 1.08 g/t Au and 0.19% Cu (1.48 g/t Au-
eq(i))

--360 metres at 0.71 g/t Au and 0.15% Cu (1.01 g/t Au-eq(i)) in drill hole
RGD-33
--Inclusive of 73 metres at 1.02 g/t Au and 0.17% Cu (1.35 g/t Au-
eq(i))

About Carpathian

The Corporation is an exploration and development company whose primary business interest is developing near-term gold production on its 100% owned Riacho dos Machados Gold Project in Brazil, which is currently focusing on activities surrounding permitting and construction, along with progressing its exploration and development plans on its 100% owned Rovina Valley Au-Cu Project located in Romania. On a company wide basis, the Corporation currently hosts NI 43-101 resources of 4.0 million ounces of gold in the measured plus indicated categories and 4.5 million ounces of gold in the inferred category, as well as 759.1 million pounds of copper in the measured plus indicated category and 663.1 million pounds of copper in the inferred category.

Last: 0.69Range: 0.77-0.38Market Cap: 295 million

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Bayfield Reports 1,414.55 g/t Silver over 1.10m in Rainy River, NW OntarioBayfield Ventures Corp

Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N)

is pleased to announce additional significant silver intercepts on its 100% owned Burns Block property in the Rainy River District of north-western Ontario.

Highlights:

- 1.10m of 1,414.55 g/t silver (0.14% Ag) occurs with previously reported 89.95 g/t gold in hole RR10-52.

- 14.0m of 35.35 g/t silver reported for north fence hole RR10-43 starting at 93m down hole.

- 23.4m of 11.90 g/t silver reported for central fence hole RR11-7

- Gold and silver assays are pending for 37 recently completed holes at Burns Block.

About Bayfield Ventures Corp.:

Bayfield Ventures Corp. is exploring for gold in the Rainy River District of north-western Ontario

Last: 0.51Range:1.25-0.50Market Cap: 31.7 million

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Magellan Drills 27m @ 6.94 g/t Gold 600m South East of Central at Cuiu Cuiu Project, Brazil

Magellan Minerals Ltd. (TSX VENTURE: MNM)

is pleased to announce the results of seven additional step-out and exploration holes at the Cuiu Cuiu project including 27m @ 6.94 g/t gold located 600m South East of the Central zone.

Highlights include:-

--27m @ 6.94 g/t gold in hole 138 located 600m south east of the Centralzone and 400m SE of hole 121 (7.8m @ 8.44g/t gold), which representsanother new zone of gold mineralization and has been named CentralSouth East-

-25m @ 0.49 g/t gold in hole 137 at Jerimum Baixo which is locatedbetween Central and Moreira Gomes. Gold mineralization at Jerimum Baixohas now been traced consistently over an area of 350 x 35m and remainsopen in several directions

--19m @ 0.48 g/t gold in hole 140 located close to the western margin ofthe Moreira Gomes zone

About the company

Magellan Minerals Ltd. (TSX VENTURE: MNM) is a TSX Venture Exchange listed exploration company with a number of gold exploration properties in the Tapajos region of northern Brazil and is focused on the Cuiu Cuiu and Coringa projects where drilling is currently in progress.

Last: 0.60Range: 1.94-0.52Market Cap: 65 million

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Constantine Reports Final Drill Results at Munro-Croesus Gold Project, Ontario; (18.79 g/t gold over 4.10 meters including 166.5 g/t gold over 0.40 meters)

Constantine Metal Resources Ltd. (TSX Venture - CEM)

is pleased to announce the final round of results, with several new high-grade gold intersections, from the 100% owned Munro-Croesus Gold Project drill program located 75 kilometers east of Timmins, Ontario. The 7280 meter drill program tested the Croesus Mine target at shallow and moderate depths, and the Four Corners property at the Canamax and Perry Pond targets (Figure 1).

Near surface high-grade veins have been intersected in both the hanging wall and footwall to the main high-grade Croesus Mine vein structure, including intercepts of 18.79 g/t gold over 4.10 meters in MC11-C38 and 18.03 g/t gold over 1.24 meters in MC11-20.

About the Company

Constantine is a gold and copper exploration company that has multiple active projects located in premier North American exploration environments. These are highlighted by the 100% owned Palmer Project, located in a very accessible part of southeast Alaska, that is host to a NI43-101 compliant 4.12 million tonne inferred resource grading 2.01% copper, 4.79% zinc, 0.30 g/t gold and 31 g/t silver (using an NSR cut-off of US$75/t)

Last: 0.175Range: 0.385-0.10Market Cap: 19 million