Agoracom Blog

AGORACOM Small-Cap TV – 3 Great Press Releases At The Open (January 9th)

Posted by AGORACOM at 9:42 AM on Wednesday, January 9th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s January 9th and we’ve found 3 great press releases from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 65 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

SilverCrest Mines Inc. (the “Company”) (TSX VENTURE:SVL)- SilverCrest Continues to Intercept High Grade Gold and Silver at the Santa Elena Project, Mexico

The Santa Elena Project is easily accessible with excellent local infrastructure

report results for the next series of core holes of an “expanded” Phase II drill program

10 core holes reported below are part of the current program to in-fill and expand the newly reported NI 43-101 Indicated and Inferred resources

The most notable intercepts of this series of holes

· 36 meters grading 2.46 gpt gold and 49.33 gpt silver

· 19.7 metres grading 5.29 gpt gold and 106.7 gpt silver (525 gpt silver and silver equivalent)


SilverCrest Mines Inc. is a “Silver Focused” exploration and development company with a portfolio of high grade silver deposits and exploration properties located in Mexico and El Salvador

$1.4 – High $1.52

Melkior Resources Inc., (TSX VENTURE: MKR) Melkior Resources Drills 19.80 g/t Gold Over 3.18 Metres on 1010 Zone

wholly owned West Timmins gold project in Timmins, Ontario

The current drill program has identified at least two gold zones as having significant new gold exploration potential namely

The assay results from drilling on these zones justify additional drilling which is anticipated in the spring of 2008.


Melkior is exploring for minerals in Quebec and Ontario. The Timmins Area is becoming a major focus of the company in its current gold exploration programs. As well, additional claims have been recently acquired in the area for nickel, copper and gold in Eldorado, Langmuir and adjoining townships.

0.42 – High 0.64

Petro Rubiales Energy Corp TSX.V: PEG

Net proved reserves up 445%, net proved and probable reserves up 84%

announce a significant increase in proved oil reserves (“1P”) and proved plus probable oil reserves (“2P”).

The Company has

received a revised independent engineering and economic evaluation of its

assets from Petrotech Engineering Ltd. (“Petrotech”) dated as of November 30,

Total proved (“1P”) reserves increased by 266% to 89.5 million


Net proved reserves increased by 445% to 32.2 million barrels

Total proved plus probable reserves increased by 26% to

230.8 million barrels

Net proved plus probably reserves increased by 84% to 87.1 million barrels

Total proved plus probable plus possible reserves of

320.3 million barrels


Petro Rubiales, a Canadian-based company and producer of heavy crude oil,

owns 100 percent of Meta Petroleum Limited, a Colombian oil and gas operator

$1.31 – High $2.00

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