Not a surprise whatsoever as I’ve been stating for the past few days that $FB is waaaaayyy too overvalued here.

I don’t mind trading the action given the volume and volatility we will see in the next few weeks …. but not a hold from here at these prices.

Underwriters now have a real problem on their hand by having to defend $38 …. and all the buying at that level came in from them …. but they can’t defend indefinitely.

Regards,

George

Avion Achieves Record Production for the First Quarter of 2012 With Over 26,000 Ounces of Gold Produced and Revenues of $33 Million Achieved With Record Grades Encountered at Tabakoto

Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) (“Avion” or the “Company”)

today announces its financial results for the first quarter ended March 31, 2012. All amounts are in United States dollars unless otherwise indicated.

Complete unaudited financial statements and the related Management’s Discussion and Analysis are available under the Company’s profile on www.sedar.com.

First Quarter Highlights:

• The Company had a net loss of $6.2 million or $0.01 per share, for the quarter as compared to net income of $12.6 million or $0.03 per share for the comparable quarter last year. The loss in earnings is primarily related to: The change in fair value of the call options of $6.4 million, higher operating costs as Avion transitions to underground mining; depletion and depreciation charges of $5.1 million and foreign exchange losses of $3.0 million.
• The Company achieved revenue of $33.0 million for the quarter compared to revenues of $31.8 million for the comparable quarter last year, representing a 4% increase.
• Avion produced 26,256 ounce of gold during the quarter after final refinery adjustments at a cash cost of per ounce produced of $898. Please see “Non-GAAP Measures” below. Mining and processing costs were $19.0 million compared to $13.0 million for the comparable quarter last year.
• Production mining at the Tabakoto underground deposit commenced in February, 2012. During the first quarter of 2012 approximately 86,000 tonnes of ore was mined from stopes and development headings at an average estimated grade of 5.40 g/t Au.
• During the quarter the Company sold 19,460 ounces of gold at an average realized price of $1,694 per ounce. The build-up of gold inventories at March 31 included gold readily available for shipment and refining of 6,188 ounces. These ounces were sold in April and will benefit the operating profit in the 2^nd quarter of 2012.

About Avion Gold Corporation . Avion is a Canadian-based gold mining company focused in West Africa that holds 80% of the Tabakoto and Ségala 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. 2011 production was 91,200 ounces of gold. The current mineral reserve estimate (as of January 1, 2012) of 6.91 million tonnes grading 3.73 g/t Au totaling 827,100 ounces of gold (proven and probable), for the Tabakoto project property, demonstrates several sources of excellent grade open pit and good grade underground mineral resources thus providing significant flexibility for Avion’s future mining plans.

Last: 0.485Range: 2.57-0.47Market Cap: 214 million

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Patient Safety Technologies Reports First Quarter 2012 Results

Patient Safety Technologies, Inc. (the “Company,” OTCBB:PSTX, OTCQB:PSTX) today announced results for its first quarter of 2012 ended March 31st, 2012.

Total revenue for the first quarter of 2012 was $3.1 million. This compares with total revenue for the first quarter of 2011 of $2.0 million, representing year over year growth in reported quarterly revenue of 57%. First quarter of 2011 revenue of $2.0 million included approximately $0.6 million of revenue from filling a $10 million

Additionally, the Company ended the first quarter of 2012 with outstanding backorders of $1.2 million. This compares to outstanding backorders of approximately $0.3 million at the end of the fourth quarter of 2011.

During the first quarter of 2012 the Company generated an Adjusted Operating Loss (as defined below) of $0.7 million and a GAAP operating loss of $1.3 million. This compares with an Adjusted Operating Loss of $0.8 million and a GAAP operating loss of $0.8 million generated during the first quarter of 2011.

About Patient Safety Technologies, Inc. and SurgiCount Medical
Patient Safety Technologies, Inc., through its wholly-owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge® System, a solution proven to improve patient safety and reduce healthcare costs by preventing one of the most common errors in surgery, retained foreign objects. For more information, contact SurgiCount Medical, Inc. at (949) 387-2277 or visit www.surgicountmedical.com.

Last Trade: 1.58 52 wEEK: 1.75– 0.82 Market Cap: 53.76 Million

Cross Border Announces First Quarter 2012 Financial Results

Cross Border Resources, Inc. (OTCQX: XBOR), (“Cross Border” or “the Company”), a San Antonio-based oil and gas exploration and production company, today announced its financial results for the first quarter ended March 31, 2012.

First Quarter 2012 Financial and Operating Highlights

• Oil and gas revenues increased by 128% year-over-year to $3.6 million, up from $1.6 million in the first quarter of 2011.

• Production volume totaled 41,477 barrels of oil equivalent (“boe”), an increase of 91% compared to 21,772 boe in the first quarter of 2011.

• Average daily production sold during the first quarter of 2012 was 456 barrels of oil equivalent per day (“boepd”) compared to 242 boepd for the first quarter of 2011. The daily average sales rate for March 2012 was 750 boepd.

• Adjusted EBITDA increased 277.4% year-over-year to $2.0 million, up from $0.5 million in the first quarter of 2011.

• Operating income for the quarter ended March 31, 2012 amounted to $1.4 million as compared to an operating loss of $143,079 for the prior-year quarter.

• Net income for the quarter ended March 31, 2012 was $658,145 as compared to a net loss of $154,916 for the same period in 2011. Net income per diluted share was $0.04 for the first quarter of 2012.

Cross Border Resources, Inc. is an oil and gas exploration company holding more than 868,000 gross (some 295,000 net) mineral and lease acres, located primarily in New Mexico. The company’s current operations focus on the prolific, multi-play/multi-pay Permian Basin, which offers Cross Border rapid-growth potential. The company seeks to become the premier, non-operated working interest owner in the Permian’s rapidly emerging, unconventional plays – in addition to participating in the basin’s well-established, conventional plays. Some 26,000 of Cross Border’s net acres lie within the Permian Basin.

Last Trade: 1.75 52 Week: 2.75 – 1.11 Market Cap: 28 Million

Outlook for the Year Ending December 31, 2012

Based on management’s current expectations, it is believed that revenue will be in the range of $40 million to $44 million, representing an approximate top line increase of 17% to 29% year over year.

About Nutrastar International Inc.

Nutrastar is a China based leading producer and supplier of premium branded consumer products including commercially cultivated Cordyceps Militaris, functional health beverages as well as specialty and organic foods. Cordyceps Militaris is one of the most highly regarded herbal nutrients in Traditional Chinese Medicine. The Company is headquartered in Harbin, capital of Heilongjiang Province, with 332 employees, including 21 in R&D, and 149 in sales and marketing. The products of Nutrastar are sold throughout China via a sales and distribution network that covers more than 10 provinces.

Last Trade: 1.80 52 Week: 3.39 – 1.42 Market Cap: 27.04 Million

Gold Horse International, Inc. Announces Results for Three Quarter Fiscal 2012

Gold Horse International, Inc., (OTC Bulletin Board: GHII) (“Gold Horse” or the “Company”), a multifaceted business group that controls and through the Jin Ma Companies operates a construction company, real estate development business and a hotel/banquet facility in Inner Mongolia, China, today announced its financial results for the nine months ended March 31, 2012.

The Third Quarter Fiscal Year 2012 Highlights

• Net revenue increased 4.0% period-over-period to $37.6 million

• Gross margin was 15.8% compared to 16.3% in the prior comparable period

• Gross profit increased 0.4% period-over-period to $5.94 million

• Income from operations was $4.6 million compared to income from operations of $4.2 million in the prior comparable period

• Net income decreased 8.8% period-over-period to $3.4 million from $3.7 million

• Adjusted net income excluding non-cash gains was $3.3 million, or $1.52 per fully diluted common share as compared to adjusted net income of $3.3 million, or $1.63 per fully diluted common share, in the prior comparable period

Results for Nine Months ended March 31, 2012

• For the nine months ended March 31, 2012, net revenue was $37.6 million, up 4.0% from $36.2 million for the comparable period in fiscal 2011.

• Gross profit for the nine months ended March 31, 2012 was $5.94 million with $5.92 million gross profit in the comparable 2011 period. Gross margin was 15.8%, down from 16.3% in the prior period.

• Income from operations for the nine months ended March 31, 2012 was $4.6 million, up from $4.2 million from the comparable period in fiscal 2011. Operating margin for the nine months ended March 31, 2012 was 12.3% as compared to 11.6% in the comparable period in fiscal 2011.

• The Company recorded net income of $3.4 million for the nine months ended March 31, 2012 as compared to net income of $3.7 million in the comparable period in fiscal 2011. Adjusted net income excluding non-cash gains was $3.3 million or $1.52 per fully diluted common share as compared to adjusted net income of $3.3 million or $1.63 per fully diluted common share for the 2011 period.

About Gold Horse International, Inc.

Gold Horse International, Inc., through its wholly owned subsidiaries, Gold Horse International, Inc. (Nevada) and Global Rise International Ltd., controls and operates its variable interest entities Inner Mongolia Jin Ma Construction Co., Ltd., Inner Mongolia Jin Ma Hotel Co., Ltd., and Inner Mongolia Jin Ma Real Estate Development Co., Ltd., all based in Hohhot, the regional capital of Inner Mongolia Autonomous Region in China. Jin Ma Construction has been providing construction and general contractor services in Hohhot to both private developers and to the local and regional governments since 1980.

Last Trade: 0.92 52 Week: 2.74 – 0.12 Market Cap: 2.03 Million

China Modern Net Income Increases 149% and Announces $0.31 EPS for the First Nine Months of Fiscal 2012

China Modern Agricultural Information Inc. (“the Company,” “China Modern”) (OTCBB: CMCI), a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk and the sale of organic fertilizer, today announced the financial results for the 2012 fiscal third quarter and first nine months ended March 31st, 2012

—————————————————————————-

2012 Fiscal First Nine Months (USD) (unaudited)

—————————————————————————-

Nine Months End March 31,20122011CHANGE

—————————————————————————-

Revenue$19.5 million$17.2 million13%

—————————————————————————-

Gross Profit$13.0 million$8.5 million52%

—————————————————————————-

Gross Profit Margin67%50%34%

—————————————————————————-

Net Income$14.0 million$5.7 million149%

—————————————————————————-

Basic and diluted EPS*$0.31$0.14121%

—————————————————————————-

* Based on 45 million and 40 million shares outstanding for 2012 and 2011

China Modern Agricultural Information, Inc., through its subsidiaries, operates as a livestock company that principally engages in the breeding of cows and calves principally in China. It also involves in the production and sale of milk, the sale of organic fertilizers, and the promotion of agricultural information. The company is based in Harbin, China.

Last Trade: 0.51552 Week: 2.00 – 0.17Market Cap: 25.8 Million

SNAP Interactive Reports Results for the Quarter Ended March 31, 2012

SNAP Interactive, Inc. (“SNAP” or the “Company”) (OTCBB: STVI), a leading social application developer, today announced record quarterly revenues of $5.7 million for its first quarter ended March 31, 2012.

Unaudited First Quarter Results

• Quarterly revenue increased 54 percent to $5.7 million compared to $3.7 million for the comparable period in 2011;

• Net loss for the quarter increased to $1.7 million compared to a net loss of $0.9 million for the comparable period in 2011;

• Increased mobile engagement to 15% of all unique logins during March 2012 from 13% in December 2011; and

• Deferred revenue increased 9 percent to $3.4 million at March 31, 2012 compared to $3.1 million at December 31, 2011;

• Diluted loss per share for the quarter was $0.04 compared to a loss of $0.02 for the comparable period in 2011; and

• SNAP’s balance sheet position continues to be strong, with $7.4 million of available sources of liquidity (includes cash and cash equivalents plus investments) at March 31, 2012.

SNAP’s Revenue By Quarter

About SNAP Interactive, Inc.

SNAP Interactive, Inc. develops, owns and operates online dating and social networking applications for social networking websites and mobile platforms. SNAP’s flagship brand, AreYouInterested.com®, is one of the largest social dating applications on the Internet with over 60 million installs, and offers a completely integrated Facebook, iPhone, Android and Web application.

Last Trade: 1.81 52 Week: 2.99 – 0.48 Market Cap: 79.15 Million

SilverCrest Reports Q1 2012 Financial Results; Cash Flow from Operations of $12.2 Million ($0.14 Per Share)

SilverCrest Mines Inc. (the “Company”) (TSX VENTURE:SVL) (OTCQX:STVZF) (PINKSHEETS:STVZF)

is pleased to announce its financial results for the first quarter ended March 31, 2012 (all figures in U.S. dollars unless otherwise specified.)

Q1 2012 FINANCIAL HIGHLIGHTS :

J. Scott Drever, President stated; “We had an excellent beginning for 2012. In Q1 we sold 641,546 silver equivalent ounces, with an average cash operating costs of $7.00 per ounce. The Santa Elena open pit heap leach mine operations continue to perform well and generated cash flows of $12.2 million which will help finance the Santa Elena Expansion plan to double metals production by 2014 and accelerate the exploration and development of our polymetallic La Joya Project. During the first quarter, total production was consistent with our plan and cash operating costs were below plan. As a result, we are confident in achieving our 2012 guidance of production of 435,000 silver ounces and 33,000 gold ounces at an average cash operating cost of $8.20 per silver equivalent ounce.”

About the company

SilverCrest Mines Inc. is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, which is located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango, Mexico.

Last: 1.87Range: 3.17-1.07Market Cap: 167 million

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CBM Asia (TSX.V:TCF) (www.cbmasia.com ), a Canadian-listed coalbed methane (“CBM”) company focused solely on the Indonesian CBM industry and with interests in four CBM production sharing contracts (“PSC”) is pursuing new CBM opportunities in Indonesia. Under the agreement, Continental and CBM Asia will jointly and exclusively study selected areas in Indonesia with the objective of identifying geologically justified candidate areas to be jointly pursued as targets of opportunity for direct acquisition of CBM PSCs offered by the Indonesian government through public tenders or through direct proposal tenders conducted under joint study arrangements.

Successful CBM PSC acquisitions shall be shared by Continental and CBM Asia under a pre-agreed joint operating agreement (“JOA”) format in the participating interest proportions 75% CBM Asia and 25% Continental. CBM Asia shall act as operator under the JOA and any CBM PSC and shall pay 100% of the JOA’s CBM PSC general and administrative costs. All CBM PSC acquisition costs and other JOA exploration and drilling costs shall be borne by the parties in proportion to their respective JOA participating interests.

According to MIGAS, the oil and gas division of Indonesia’s Ministry of Energy, gas production from CBM is expected to contribute to the country’s efforts in boosting its declining gas output. Indonesia has the world’s second largest CBM reserves after China, with total potential reserves of 453 trillion cubic feet, twice that of its estimated conventional natural gas resources. In order to promote CBM development, the Indonesian Government has prepared some new incentives and streamlined CBM working area applications. Foremost among these incentives is a favorable production sharing split for the contractor of 45% for CBM gas as opposed to the 30% conventional PSC operators receive for gas. A tax holiday incentive is also being considered for CBM gas.

Continental’s CEO, Richard McAdoo stated, “This agreement with CBM Asia is the first step along a planned path of expansion into the unconventional oil and gas sector in Indonesia which is pushing increased gas production by any means, largely to fuel a chronic under capacity of electrical power generation. We intend to leverage our long history of oil and gas operating experience in Indonesia with a far reaching understanding and knowledge of the geology of Indonesia into the CBM sector. We are pleased to have CBM Asia, a leading CBM developer and operator, as our operating partner in this expansion. I am confident we will make a good team, as we each bring a strong competitive advantage to the table.”

CBM Asia’s President and CEO, Al Charuk, added, “We are very excited to enter into a CBM agreement with Continental Energy Corporation which like ourselves is Indonesian focused. Continental’s management and technical teams have extensive geological knowledge underpinning potential CBM opportunities as well as operating experience required for surface operations. We have identified several areas of interest which we and our new partner will be actively pursuing in the near future.”

On behalf of the Company,Robert V. Rudman, C.A.Chief Financial Officer

Further Info:www.continentalenergy.com http://agoracom.com/ir/continentalenergy

No securities regulatory authority has either approved or disapproved the contents of this news release.

Statements in this news release that are not historical are forward looking statements. Certain matters discussed within this press release may be forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, political risk, terrorism, changes in local or national economic conditions and other risk detailed from time to time in Continental’s periodic filings with the US Securities Exchange Commission. Readers should also refer to the risk disclosures outlined in disclosure documents filed by other early stage energy and environmental companies with the Securities and Exchange Commission available at www.sec.gov.

The Company assumes no obligation to update the information in this release.

SOURCE Continental Energy Corporation

For further information: Robert Rudman, CFO, +1-561-779-9202, rrudman@continentalenergy.com or AGORACOM cppxf@agoracom.com

Duluth Metals Highlights 116.5 feet of 1.32 g/t Total Precious Metals and 2.57% Copper Equivalent Amongst Drill Results for 30 Holes at the Twin Metals Minnesota Project

Duluth Metals Limited (“Duluth Metals”) (TSX: DM) (TSX: DM.U)

is pleased to announce strong assay results for continued drilling on the Twin Metals Minnesota Project in northeastern Minnesota. These drill holes continue to indicate continuity between the Nokomis and Maturi deposits, good widths and grades in Maturi at relatively shallow depths, and the continuity of Nokomis in and around the ‘donut hole’. While these recently completed holes will not be incorporated into the resource estimate to be issued by AMEC this quarter, in the final Pre-Feasibility estimate the holes will be very valuable in upgrading portions of the resource from the Inferred to the Indicated category. In addition, given the demonstrated continuity between the Maturi and Nokomis deposits, Twin Metals Minnesota is consolidating the deposits as a single deposit under the name Maturi Deposit.

Nine holes drilled in and around the “Donut Hole” area show strong continuity and grade. One hole, MEX-291M, returned 116.5 feet of 1.043% copper, 0.330% nickel, 3.8 g/t silver and 1.324 grams per tonne (g/t) Total Precious Metals (TPM = Platinum+Palladium+Gold) (Cu Equivalent* of 2.57%) including a 70 foot section of 1.240% copper, 0.399% nickel, 4.5g/t silver and 1.558 g/t TPM (Cu Equivalent* of 3.07%). MEX-305 returned 170 feet of 0.845 copper, 0.255% nickel, 2.6 g/t silver and 0.888 g/t TPM (Cu Equivalent* of 1.96%) including a 20 foot section of 1.300% copper, 0.418% nickel, 3.5 g/t silver and 1.576 g/t TPM (Cu Equivalent* of 3.16%).

About Duluth Metals Limited

Duluth Metals Limited is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth Metals has a joint venture with Antofagasta plc on the Twin Metals Minnesota Project, located within the rapidly emerging Duluth Complex mining camp in north-eastern Minnesota. The Duluth Complex hosts one of the world’s largest undeveloped repositories of copper, nickel and PGMs, including the world’s third largest accumulation of nickel sulphides, and one of the world’s largest accumulations of polymetallic copper and platinum group metals. Aside from the joint venture, Duluth Metals retains a 100% position on approximately 40,000 acres of mineral interests on exploration properties adjacent to and nearby the Twin Metals Minnesota LLC joint venture.

Last: 1.97Range: 2.97-1.81Market Cap: 247 million

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Royal Nickel Revised Pre-feasibility Study Significantly Increases Dumont Nickel Project Value by 31% to $1.4 Billion (NPV8%)

Royal Nickel Corporation (“RNC”) (TSX: RNX)

is pleased to announce the results of a revised pre-feasibility study (“revised PFS”) for its Dumont Nickel Project (“Dumont”), which demonstrate a 31% increase to the project’s NPV_8%, to $1.4 billion compared to the previous PFS filed on SEDAR in December 2011.

Dumont Revised PFS Highlights (base case including trolley assist option)

• 31% increase in after-tax NPV_8% to $1.4 billion; 19.5% after-tax internal rate of return (“IRR”)¹
• 16% increase in the initial 50 ktpd nickel production to 33 kt (72 million pounds or Mlbs) annually
• 12% increase in production to 49 kt (108 Mlbs) annually during 19-year mine life; and a 7% increase in production to 29 kt (63 Mlbs) annually for the subsequent 12 years from processing of the lower grade stockpile
• 10% increase in recoveries over life of the project to 45%; including an average recovery of 52% during the 19-year mine life
• C1 cash costs² of $4.07 per pound ($8,973 per tonne), second quartile unit cash costs
• Diesel consumption reduced by 28% through use of electric trolley assist in haul trucks

“The revised PFS adds significant value to an already robust and structurally low cost project,” said Tyler Mitchelson, President and CEO of Royal Nickel Corporation. “The inherent value of this project continues to be revealed as we advance the development and testwork. This revised PFS demonstrates lower costs, higher annual production and improved rates of return, compared to our initial PFS. In addition, we have identified further potential value from a saleable iron ore by-product concentrate. Development work at Dumont continues on schedule and we look forward to completing our feasibility study in 2013.”

About Royal Nickel Corporation
Royal Nickel Corporation is a mineral resource company focused primarily on the exploration, evaluation development and acquisition of base metal and platinum group metal properties. RNC’s principal asset is the 100% owned Dumont Nickel Project strategically located in the established Abitibi mining camp, 25 kilometres northwest of Amos, Quebec. RNC has a strong management team and Board with over 100 years of mining experience in the nickel business at Inco and Falconbridge. The Corporation’s common shares and warrants trade on the TSX under the symbols RNX and RNX.WT.

Last: 0.38Range: 1.71-0.335Market Cap: 34 million

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Sunridge Gold Announces Positive Feasibility Study for the Debarwa Deposit, Asmara Project, Eritrea

Sunridge Gold Corp. (TSX VENTURE:SGC)(OTCQX:SGCNF)

is pleased to announce the completion and positive results of an independent feasibility study (the “Study”) by lead engineer SENET (Pty) Ltd. (“SENET”) for its 100% owned Debarwa volcanogenic-massive-sulphide (VMS) copper-gold-zinc deposit, part of the Asmara Project, Eritrea. The Study has concluded that operating Debarwa as a stand-alone mining operation is economically viable. The recently commenced feasibility study on the Asmara North deposits will also examine the integration of the Debarwa deposit with the Asmara North deposits into one operation.

Debarwa Feasibility Study Base Case Highlights:

• Net Present Value (“NPV”) of $71 million at a 10% discount (pre-tax base case) (NPV @ 0% discount – $129 million)
• Internal rate of return (IRR) – 41%
• Payback – 1.1 years (from start of production)
• Base Case metal prices used – US$3.28/lb copper, US$1,111/oz gold, US$21.00/oz silver
• Initial capital cost estimate – $140 million including contingency and owner’s costs
• On site operating costs – $73.09 per tonne average through life of mine
• Average annual metal production -
  • 35.1 million pounds (15,932 tonnes) of copper
  • 16,500 ounces of gold
  • 271,000 ounces of silver
• Total metal production -
  • 116 million pounds (52,576 tonnes) of copper
  • 78,000 ounces of gold
  • 1.3 million ounces of silver
• Life of Mine – 4.7 years (from start of production)
• A Debarwa stand-alone operation provides the Company the opportunity of generating cash flow earlier than if Debarwa were integrated with the Asmara North deposits. The ultimate decision will be made when the Asmara Project Feasibility Study is completed in 2013.

About Sunridge: Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal deposits on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC.

Last: 0.37Range: 0.980.315Market Cap: 43 million

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Final Results from Winter Drilling at Valentine Lake Gold Project in Newfoundland include 8.06 g/t Au Over 11.4 Meters in Hole VL-12-410

Mountain Lake Resources Inc (MOA – TSX Venture, MLKRF – OTC Pink),(“Mountain Lake” or the “Company”)

is pleased to report the final analytical results from the 2012 winter drilling program at the Valentine Lake Project, in central Newfoundland

The Valentine Lake Property, including the Leprechaun Gold Deposit, is a 50/50 joint venture between Mountain Lake and Marathon Gold Corp. Marathon is the operator of the Project.

Highlights from the Leprechaun Deposit include:

> Step-out drilling in the northeast area of the Leprechaun Deposit intersected multiple high-grade intervals up to 60 meters (m) down-dip from the Main Zone with 9.07 grams per tonne (g/t) gold (Au) over 6.80m including 66.63 g/t Au over 0.85m and 7.38 g/t Au over 2.55m including 22.05 g/t Au over 0.85m in VL-12-414 and 22.05 g/t Au over 2.25m including 66.03 g/t Au over 0.75m and 15.10 g/t Au over 2.25m including 42.45 g/t Au over 0.75m in VL-12-409.

> Step-out drilling in the central area of the Leprechaun Gold Deposit intersected high-grade intervals 40m down-dip from the Main Zone with 8.06 g/t Au over 11.4m including 29.54 g/t Au over 0.95m and 29.64 g/t Au over 0.95m in VL-12-410.

> Significant new near surface high-grade Hanging Wall mineralization include 15.80 g/t Au over 6.0m including 65.33 g/t Au over 0.75m in VL-12-416.

About Mountain Lake Resources Inc.

Mountain Lake Resources Inc. (TSX-V: MOA) is a diversified junior exploration company, whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties all located on the pro-mining island of Newfoundland. Mountain Lake’s current projects include: a 50% interest in the Valentine Lake gold property under the joint venture with Marathon Gold Corp. (drilling in progress); a 100% interest in the Glover Island gold exploration property; an option to earn a 100% interest in the Little River gold-antimony exploration property; a 100% interest in the Bobby’s Pond base metals property.

Last: 0.27Range: 0.82-0.255Market Cap: 13.6 million

Atna Reports First Quarter 2012 Pre-tax Earnings of $2.9 Million

Atna Resources Ltd. (“Atna” or the “Company”) (TSX:ATN / OTCBB:ATNAF) today released unaudited interim financial results for the Company’s first quarter; ended March 31, 2012. Unless otherwise designated, all amounts are in U.S. dollars. Additional details may be found in the MD&A and Financials filed on SEDAR, on EDGAR, or on the Company’s website at www.atna.com.

Highlights for First Quarter 2012:

• Atna generated net income of $1.9 million or $0.02 per basic share, in the First Quarter 2012. Income before income tax was $2.9 million. As of quarter-end, cash and cash equivalents were $12.3 million.

• The Briggs mine sold 9,367 ounces of gold in First Quarter 2012, a 43 percent increase over First Quarter 2011 results, to produce $15.8 million in gross revenue, a 72 percent increase over First Quarter 2011 gross revenue. The average selling price per ounce of gold was $1,683 in First Quarter 2012 versus $1,398 in First Quarter 2011.

• Briggs produced $6.3 million in positive operating cash flow and $4.9 million of income before tax in the First Quarter 2012.

• Development of the underground mine at Pinson progressed in the First Quarter 2012 with $3.5 million spent on capital development, hiring of key staff, mobilizing the mining contractor, establishing surface support, rehabilitating existing underground workings. 1,500 tons of ore were mined to be used for a bulk sample in testing by third-party processing facilities. As of May 11, 2012, approximately 35 percent of the secondary access has been completed.

• Drilling commenced at Pinson to acquire metallurgical samples for use in a feasibility study of an open pit mine adjacent to the underground mine.

• The State of Montana approved the final topsoil capping of the Kendall Mine leach pads and agreed on a plan to complete the environmental impact study required for final closure.

• In February 2012, the term of the C$20 million facility with Sprott Resource Lending Partnership was extended, now due in three payments in 2013.

About

Atna is building a successful gold mining company dedicated to responsible gold production and the creation of sustainable value for shareholders, employees and communities. Atna’s professional management team is committed to integrity and creating a performance driven culture dedicated to safety and environmental responsibility.

Last Trade: 0.95 52 Week: 1.58 – 0.53 Market Cap: 115.49 Million

About ENSERVCO
Through its various operating subsidiaries, ENSERVCO has rapidly emerged as one of the energy service industry’s leading providers of hot oiling, acidizing, frac heating and fluid management services. The Company owns and operates a fleet of more than 245 specialized trucks, trailers, frac tanks and related well-site equipment. ENSERVCO operates in Colorado, Kansas, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Texas, Utah, Wyoming and West Virginia.

Last Trade: 0.57 52 Week: 1.50 – 0.53 Market Cap: 12.41 Million

The Quatre Milles West Property covers the western extension of the geology that hosts the drilled graphite bearing structures at the Company’s Quatre Milles Property. The combined property now covers two separate claim blocks, one 8 km by 7 km, and the other 7 km by 5 km, which brings the expanded Quatre Milles Property from approximately 1,600 hectares to 3,780 hectares.

To earn its 100%-interest, Lomiko must pay C$3,000 and issue 1,800,000 shares, subject to TSX Venture Exchange acceptance and grant the vendors a 2% NSR of which the first 1% may be purchased for $1 million.

The underlying geology of the Quatre Milles West Property consists of intercalated aluminous biotite paragneiss with graphite, biotite feldspar paragneiss, marble with graphite at contact with other units, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

A map showing the expanded property will be posted to the Company’s website at: http://www.lomiko.com/properties/quatre.html

The Company is currently planning an exploration program for the Quatre Milles Property including mapping, prospecting and diamond drilling to test and confirm the areas of historical high-grade graphite intersected previously by Graphicor Resources Inc. (“Graphicor”) on the property.

Lomiko’s Quatre Milles Graphite Property

The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec.

The property was originally staked and explored by Graphicor in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

Historical Highlights

Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres. The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds.

23 of the initial 26 drill holes intersected graphite concentrations with a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres.

Southwestern Quebec is host to some of the most favourable geological terrain for graphite exploration in Canada and is known for hosting graphite resources, including the Lac Des Iles mine operated by Timcal. Lac des Iles is the largest of two Canadian graphite producers. It has been in production for over 20 years and produces graphite products of various sizes and purities.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at http://www.lomiko.com , contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com

On Behalf of the Board

“A. Paul Gill”

Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

May 14, 2012 — Vancouver BC – LOMIKO METALS INC. CA:LMR -13.64% LMRMF -10.14% DE:DH8B -18.75% (the “Company” or “Lomiko”) is pleased to announce that it has signed a letter agreement with three vendors to acquire a 100%-interest in the 2,180 hectare Quatre Milles West Property, located in southern Quebec.

The Quatre Milles West Property covers the western extension of the geology that hosts the drilled graphite bearing structures at the Company’s Quatre Milles Property. The combined property now covers two separate claim blocks, one 8 km by 7 km, and the other 7 km by 5 km, which brings the expanded Quatre Milles Property from approximately 1,600 hectares to 3,780 hectares.

To earn its 100%-interest, Lomiko must pay C$3,000 and issue 1,800,000 shares, subject to TSX Venture Exchange acceptance and grant the vendors a 2% NSR of which the first 1% may be purchased for $1 million.

The underlying geology of the Quatre Milles West Property consists of intercalated aluminous biotite paragneiss with graphite, biotite feldspar paragneiss, marble with graphite at contact with other units, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

A map showing the expanded property will be posted to the Company’s website at: http://www.lomiko.com/properties/quatre.html

The Company is currently planning an exploration program for the Quatre Milles Property including mapping, prospecting and diamond drilling to test and confirm the areas of historical high-grade graphite intersected previously by Graphicor Resources Inc. (“Graphicor”) on the property.

Lomiko’s Quatre Milles Graphite Property

The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec.

The property was originally staked and explored by Graphicor in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

Historical Highlights

Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres. The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds.

23 of the initial 26 drill holes intersected graphite concentrations with a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres.

Southwestern Quebec is host to some of the most favourable geological terrain for graphite exploration in Canada and is known for hosting graphite resources, including the Lac Des Iles mine operated by Timcal. Lac des Iles is the largest of two Canadian graphite producers. It has been in production for over 20 years and produces graphite products of various sizes and purities.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at http://www.lomiko.com , contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com

On Behalf of the Board

“A. Paul Gill”

Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

PACIFIC NORTH WEST CAPITAL CORP.

(PFN:TSX)

One of North America’s newest and largest primary platinum group metals deposits, located in the well established mining community of Sudbury, Ontario

• M&I resource of 2,463,000 ounces PGM plus gold

About Pacific North West Capital

• Pacific North West Capital is a mineral exploration company focused on the exploration and development of platinum group metals (PGM’s), precious and base metals
• The corporate philosophy is to be a project generator, explorer and operator with the objective to option or joint venture our mineral projects with major mining companies.
• Focus for 2012 is to advance the company’s flagship project, the River Valley deposit and maintain our aggressive search for new assets and viable exploration programs

Well Positioned For Success

• Ability to share resources, costs, and expertise as a member of the International Metals Group
• Emerging market demand and rising prices for PGM
• Extensive resource sector experience among management and Board of Directors
• Significant shareholder of Next Gen Metals (TSX.V:N)

River Valley Project Highlights

• River Valley Measured + Indicated resources: 91 million tonnes @ 0.58 g/t* palladium, 0.22 g/t platinum, 0.04 g/t gold at a cut-off grade of 0.8 g/t PdEq** for 2,463,000 ounces PGM*** plus gold
• River Valley Inferred resources: 36 million tonnes @ 0.36 g/t palladium, 0.14 g/t platinum, 0.03 g/t gold at a cut-off grade of 0.8 g/t PdEq for 614,000 ounces PGM plus gold
• On a PdEq basis, the Measured + Indicated resources contain 3,944,000 ounces PdEq and the Inferred resources contain 1,201,000 ounces PdEq
• River Valley PGM-copper-nickel sulphide mineralized zones remain open to expansion with continued exploration

Pacific North West Capital belongs to the International Metals Group. Here are our other great companies.

To date, the company has completed drilling two diamond drill holes within the historic Simon Lake trend, and has commenced drilling of a third drill hole located along the same conductive trend approximately 10 km to the southwest of Simon Lake. The company is pleased to announce that continued success has been achieved; the second drill hole of the program has encountered a 148.7-meter Graphitic zone. Photos of the core will be uploaded to the company website or may be viewed at the following link: http://strikegraphite.com/core-photo-gallery.html

Highlights:

• Hole SL-12-001 encountered three graphitic intervals beginning at the start of bedrock;
• Hole SL-12-002 encountered a 148.7 metre graphitic zone.

Recently completed drill hole SL-12-002 encountered approximately 132.5 metres of graphite bearing rocks over a 148.7 metre zone between 72.1 and 220.8 metres depth. Seven individual graphite-bearing intervals range between 5.0 and 40.5 metres wide; and are separated by narrower intervals of trace-to-non-graphite bearing intervals of between 0.9 and 6.0 metres. The hole ended at 240.9 metres depth. SL-12-002 was oriented perpendicular to the strike of the graphite bearing units at Simon Lake, and was orientated at 153° with a dip of -45°. Flake graphite has been encountered in both holes to date; and field determinations indicate that graphite flakes of up to 4 millimeters in length are present.

Hole SL-12-002 was designed to follow up on historic hole 2-72 where historic reports indicate “abundant graphite” between 90 metres to the end of the hole (at 160 metres depth). Descriptions of “abundant” graphite in historic hole 2-72 appear to be relevant to the current hole SL-12-002.

Further to the news release dated May 2^nd, 2012, drill-hole SL-12-0001 intersected graphite mineralization at the start the hole, with the most significant intercepts occurring from 10.2 to 23.9 metres (13.7m interval); followed by a second graphitic zone from 45.7 to 69.5 metres (23.8m interval). A third graphitic zone from 93.5 to 102.2 metres (8.7m interval) was also encountered. The hole ended at 240.9 metres depth. This hole was oriented perpendicular to the strike of the graphite bearing unit at the Simon Lake West Target, at a direction of 141°, and a dip of -45°.

Drill hole intervals reported herein are not true widths, which cannot be determined due to uncertain geometry of mineralization at this time.

Currently being tested by hole SL-12-003, the Morell Lake Target, is located at the southwest part of the property approximately 6 km east of Saskatchewan Highway 905. The target is a large and highly conductive structure that has been interpreted as a fold hinge. At this location, the conductive unit exceeds 5 km along strike and is more than 2 km wide; it may represent the strike extension of the graphite-bearing lithologies known at Simon Lake. Geophysical modelling of this conductive body suggests a shallow dipping and near-surface conductive zone.

All relevant graphite intersections will be sent for routine analysis for graphitic carbon content and multi-element analysis. Additionally, core will be tested for mineralogical characterization and initial metallurgical testing in order to determine the graphite flake size distribution, purity and recovery.

Blair Way, CEO remarks, “Drill results to date continue to meet our expectations of discovering significant large flake graphite zones. This second hole has yielded close to 150 meters of graphitic material. We look forward to seeing the lab test work results in the coming weeks.”

The Simon Lake Graphite Project covers 11,800 hectares, and is located approximately 300 km northeast of La Ronge, Saskatchewan and is intersected by Highway 905. The property consists of several showings of flake graphite mineralization in historic drill holes, which were discovered during the exploration of base metals during the 1960′s and 1970′s.

Neil G. McCallum, P.Geo., is a Qualified Person pursuant to NI 43-101, and has reviewed and approved the technical disclosure of this news release.

* Readers should be cautioned that flake size determinations in the field are based on visual measurements from the drill core. The flake size as reported may be aggregates of individual smaller graphite flakes. The flake size determination will be confirmed by optical mineralogy during mineral characterization.

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to the Deep Bay East and Simon Lake graphite properties, the Company is also active advancing its Wagon Graphite property in Quebec next to the Timcal Graphite mine. The company is also advancing the Satterly Lake gold project in NW, Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Blair Way, C.E.O.

For more information on the above or to view the Company’s Corporate Presentation on its Graphite assets and opportunity, please visit the Company’s website at www.strikegraphite.com.

We seek safe harbor.

FOR FURTHER INFORMATION PLEASE CONTACT:

Blair Way
Strike Graphite Corp.
C.E.O.
604.669.9330 or Toll Free: 1.866.669.9337
604.669.9335 (FAX)
info@strikegraphite.com
www.strikegraphite.com