AGORACOM Small Cap TV - October 3rd - Highlights
posted on
Oct 03, 2011 07:14AM
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 October 3rd, 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.
BioLife Solutions Q3 2011 Revenue Up 36 Percent Year over Year at $715,000; Up 15 Percent Over Q2 2011
BioLife Solutions, Inc. (OTCBB: BLFS), a leading developer and manufacturer of clinical grade biopreservation media products for cells and tissues and contract media manufacturer, today announced preliminary record revenue of $715,000 for its third quarter ended September 30, 2011; an increase of 36 percent compared to revenue of $525,000 reported in the same period last year. Sequentially, third quarter 2011 revenue increased 15 percent from the second quarter of 2011.
In leveraging its GMP production capacity and facility, BioLife also generates contract manufacturing revenue by performing aseptic media formulation, fill, and finish services for strategic customers, including OriGen Biomedical, a leading provider of biologic packaging products and biopreservation reagents, and also for a multi-billion dollar revenue life sciences and industrial filtration products company.
About BioLife Solutions, Inc.:
Founded in 1998, with the initial development of its intellectual property base in 1992, BioLife Solutions develops, manufactures, and markets patented hypothermic storage/transport and cryopreservation (freeze) media products for cells, tissues, and organs, and also performs contract media manufacturing and contract research and development.
Last Trade: 0.0852 Week: 0.02 – 0.11Market Cap: 5.57 Million
Champion Minerals Increases NI 43-101 Resources at the Fire Lake North Project to Over One Billion Tonnes
CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02)
is pleased to provide results of the updated National Instrument ("NI") 43-101 Mineral Resource Estimate completed on the Fire Lake North Project in Fermont, Quebec. Table 1 presents the current NI 43-101 categorized Mineral Resource Estimate(1) at a 15% Total Iron ("FeT") cut-off grade for each of the three coarser grained specular-hematite rich deposits and provides the category totals for the Fire Lake North Project as validated by P&E Mining Consultants Inc. of Brampton, Ontario ("P&E").
DepositMeasuredIndicatedInferred
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MillionGradeMillionGradeMillionGrade
TonnesFeTTonnesFeTTonnesFeT
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East Area2.133.9%177.830.0%209.529.0%
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West Area5.936.3%161.732.3%263.428.3%
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Don Lake0.421.4%52.226.5%188.325.3%
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Totals8.435.0%391.730.5%661.227.7%
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About Champion Minerals Inc.
Champion Minerals is an iron ore exploration and development company with offices in Montreal and Toronto, focused on developing its significant iron ore resources in the provinces of Quebec and Newfoundland & Labrador. The Company's projects include: the Fermont Holdings in Quebec, jointly held by Champion (82.5% interest) and Fancamp Exploration Ltd. (17.5% interest); and the Attikamagen Iron Property in Quebec and Labrador. Champion's Fermont Property Holdings, including the flagship Fire Lake North Project, are located in Canada's major iron ore producing district among three producing mines. Champion's team and advisory board includes mining and exploration professionals with substantial iron ore expertise to effectively advance the Fire Lake North Project into production.
Last: 0.86Range: 3.30-0.86Market Cap: 75.7 million
Marathon Continues to Expand the Leprechaun Gold Deposit with 3.46 g/t Au over 24.7m (TT) and 3.50 g/t Au over 21.6m
Marathon Gold Corporation (MOZ: TSX)
is pleased to announce the continued success of the 2011 drilling program at the Leprechaun Gold Deposit (Figure 1). Significant new Main Zone mineralization includes 3.50 g/t Au over 21.6 meters including 13.86 g/t Au over 4.0 meters in VL-11-336, and 3.46 g/t Au over 24.7m including 15.16 g/t Au over 4.8 meters in VL-11-337. New hanging wall mineralization includes 0.66 g/t Au over 25.0 meters with 2.33 g/t Au over 3.0 meters in VL-11 336 and 0.92 g/t Au over 24.0 meters and 0.90 g/t Au over 14.0 meters in VL-11-332.
Highlights:
--The new hanging wall zone, occurring 100 meter above the main
zone, contains wide intervals of near-surface, low-grade
mineralization including 0.92 g/t Au over 24.0 meters and 0.90
g/t Au over 14.0 meters in VL-11-332 and 1.31 g/t Au over 8.0
meters in VL-11-334. This zone is open along strike.
--Expansion of the Main Zone mineralization in the "Heart of
Gold" includes 3.5 g/t Au over 21.6 meters including 13.86 g/t
Au over 4.0 meters in VL-11-336, 6.97 g/t Au over 8.1 meters
including 18.5 g/t Au over 2.7 meters in VL-11-330, and 1.46
g/t Au over 13.5 meters in VL-11-334.
--Additional down-dip mineralization occurs in drill holes
VL-11-337 with 3.46 g/t Au over 24.7 meters including 15.16 g/t
Au over 4.8 meters, VL-11-333 with 0.95 g/t Au over 28.0 meters
with 3.03 g/t Au over 2.4 meters and VL-11-335 with 1.04 g/t Au
over 16.2 meters and VL-11-328 with 1.08 g/t Au over 12.8
meters in VL-11-328.
About Marathon Gold Corporation
Marathon Gold Corporation is one of Canada's newest gold resource development companies, with projects located in the mining friendly province of Newfoundland and Labrador, and a project in the prolific Coeur d'Alene Mining District of Idaho. Marathon has a project pipeline consisting of early stage exploration to advanced resource development projects.
Last: 1.30Range: 2.07-1.00Market Cap: 29.7 million
Avion Intersects Additional Gold Mineralization at the Betea Zone, Kofi Property, Mali Including 13.01 g/t Au Over 7.0 Metres and 3.46 g/t Au Over 15.0 Metres
Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF)
is pleased to announce the results from an additional 28 reverse circulation drill holes totaling approximately 4,716 metres completed. These holes were completed over a 900 metre strike of the Betea Central zone's interpreted strike length which has been established over approximately 1,000 metres.
Significant new results include the following:
-- 2.16 g/t Au over 20.0 metres -- 3.46 g/t Au over 15.0 metres -- 2.12 g/t Au over 24.0 metres -- 4.48 g/t Au over 10.0 metres -- 13.01 g/t Au over 7.0 metres -- 1.92 g/t Au over 35.0 metres -- 16.75 g/t Au over 2.0 metres
About Avion Gold Corporation
Avion is a Canadian-based gold mining company focused in West Africa that holds 80% of the Tabakoto and Segala gold projects in Mali. Gold production commenced at these projects in 2009 with approximately 51,290 ounces produced. 2010 production was 87,630 ounces of gold. Production sustainability will continue to be supported and enhanced by an aggressive 2011 drill program over an approximately 600 km2 exploration package that both surrounds and is near to the Company's existing mine infrastructure.
Last: 2.01Range: 2.57-0.71Market Cap: 882 million
West Kirkland Drills 16.15 g/t Gold Over 5.0 Meters in New Discovery at Kirkland Lake Camp, Ontario
West Kirkland Mining Inc. (TSX VENTURE:WKM)
reports the discovery of a new gold zone on its 100% optioned mineral claims located between the towns of Kirkland Lake and Matachewan along the famous Cadillac-Larder Lake Deformation Zone.
The new discovery is correlated in three dimensions with an initial strike length of 100 meters and depth extent in excess of 200 meters in four drill holes. In addition, to the 16.15 g/t Au over 5.00 meters in KC1163, the same structure returned values of 6.42 g/t Au over 1.1 meters within a 4.00 meter gold bearing intercept (KC1164). These new intercepts are within a new discovery area of the overall Cadillac-Larder Lake Deformation Zone approximately two kilometers west of the high grade intercepts highlighted by the Company in its November 18, 2010 news release.
Michael Allen, Vice President of Exploration of West Kirkland said, "In the Kirkland Lake and Timmins camps, near surface zones such as the one announced today are the indicators we search for to lead us to mineralization along strike and to depth. This new discovery gives us an excellent target to follow up on in three dimensions."
About West Kirkland Mining
West Kirkland Mining was formed in 2010 to focus on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions in the Kirkland Lake area of Ontario and within major gold trends of North Eastern Nevada - two of North America's premier gold jurisdictions. The founders and Board of West Kirkland Mining have successful gold discovery, development and mine operations experience in both Ontario and Nevada over the past 40 years.
Last: 1.10Range: 1.70-0.75Market Cap: 28.6 million