Magnolia Petroleum (MAGP.LN) DOING GREAT AS WE KNEW THEY WOULD

Magnolia Petroleum

Oil & Gas Exploration and Production MAGP (FTSE AIM ALL SHARE)

Production Update  Magnolia Petroleum yesterday announced extremely positive results from three wells on its Bakken Shale / Three Forks Sanish acreage. The Skunk Creek 15H well targeted the Three Forks Sanish and achieved highly favourable initial production of a reported 2,303 bopd. This is positive news for Magnolia as not only does it enhance the company`s production by a net 10 bopd, but the positive results are also likely to spur drilling activity in the formation, offering Magnolia more opportunities for participation in wells. Furthermore, the production rate indicates that payback will be achieved swiftly on this well. Skunk Creek 14H targeted the Bakken Shale and initial production has been recorded at 212 bopd (1 bopd net to Magnolia). The Stocke 1-4-9H well showed initial production of 295 bopd (7 bopd net to Magnolia). On the back of these positive results, we re-iterate our ‘Buy` recommendation for Magnolia Petroleum and our 3.6p 12-month target price. The additional production will enhance Magnolia`s revenue stream, strengthening the company`s ability to participate in an increasing number of wells, and move it towards a step-change in attributable production. The rate of production exhibited by the Three Forks Sanish well hints at potential upside as regards reserves attributable to Magnolia`s drilling locations within this formation.

Brazilian Gold Corp BGC. TSX.V. Great Results From Suribim Signal Potential Early Start of Production

Brazilian Gold Identifies Thick Intervals of Near Surface Oxide Gold Mineralization at the Surubim Project, Brazil

Brazilian Gold Corporation (TSXV: BGC) is pleased to report thick intervals of near surface oxide mineralization in 2011 and historic drill holes at the Surubim project, Brazil. Surubim is a road accessible exploration project located approximately 75 km southwest of the Company's flagship São Jorge project.

Highlights

* Oxide intersections at Patoa:
 - 88.39 m grading 2.00 g/t gold (DD06SB04),
 - 34.26 m grading 2.60 g/t gold (DD06SB18),
 - 101.08 m grading 0.52 g/t gold (DD06SB20),
 - 26.4 m grading 0.56 g/t gold (PAD-003-11), and
 - 88.4 m grading 0.52 g/t gold (PAD-004-11).
* Oxide intersection at Colonia:
 -  58.10 m grading 1.57 g/t gold (DD07SB25)
* Oxide intersection at Tucunare:
 -  34.96 m grading 0.53 g/t gold (DD05SB11).
* Potential for near surface, rip able oxide resource requiring little to no drilling and blasting.
* Potential for low cost, bulk mining and processing.

Ian Stalker, CEO of Brazilian Gold, commented "The Company is extremely encouraged by the thick intervals of near surface oxide gold mineralization as well as the deeper primary gold mineralization intersected on the Surubim Project. The potential to add significant ounces that could quick ly be brought into production requiring a small amount of capital and at a low operating cost makes for a compelling story. To this end, a drill program to determine the lateral continuity along and across the strike of this laterite hosted gold mineralization is planned for 2012".

Just Keeps Getting Bigger and Better for Brazilian Gold BGC.TSX.V

Brazilian Gold Reports the Final 6 Holes of the 2011 Program at the Surubim Project, Brazil

Release No. 5/12
Vancouver, BC, February 27, 2012

Brazilian Gold Corporation (TSXV: BGC) is pleased to report assay results from the final 6 holes of the 2011 drill program (12 holes in 3,124 m) completed on the Surubim project in the Tapajós region of northern Brazil. The drill program tested below and along strike of historic drill intersections (36 holes in 4,621 m) at the Patoa, Colonia and Tucunare prospects; the prospects are located within a 3 km radius of each other. The program was successful in identifying several parallel zones of primary gold mineralization (Table 1) as well as wide intervals of near surface oxide mineralization; details on the oxide mineralization will be reported in a separate News Release. Surubim is a road accessible exploration project located approximately 75 km southwest of the Company's flagship São Jorge project.

Highlights

• PAD-002-11 intersected 24.0 m grading 1.27 g/t gold (previously reported).
• PAD-003-11 intersected 16.0 m grading 1.63 g/t gold (previously reported).
• COD-003-11 intersected 8.5 m grading 1.74 g/t gold.
• COD-004-11 intersected 15.0 m grading 1.67 g/t gold.
• Oxide and primary gold mineralization point to a developing near surface mineral resource at Surubim.
• Near surface gold mineralization has potential for low cost, open pit mining.

Ian Stalker, CEO of Brazilian Gold, stated "These positive results from the 2011 drill program add significantly to our knowledge of the project and the opportunity to further grow the resource base at Surubim and equally important, to the cumulative gold inventory of Brazilian Gold. The high potential to expand both the known primary and oxide mineralization, as well as identify new zones of mineralization, highlights why Surubim has become a high priority target for ongoing exploration work."

Daniel Stewart Kings of M&A

Astersand, Atlantic Global, THB Group, Quindell Portfolio, William Ransom & Son, Triple Plate Junction. DAN has advised all on M&A in the last few months

Ari Untracht CEO of Taia Lion Resources Keynote Speaker at the Africa Business Club

Ari Untracht CEO of TAIA Lion Resources the ethical developer of the highly prospective Lake Sonfon and Gori Hills gold projects in Sierra Leone will be a keynote speaker at the 14thAfrica Business Conference hosted by the Africa Business Club and taking place between the 2nd-4th March 2012
at Harvard Business School
Check it out at www.hbsafricaconference.com

Brazilian Gold Intersects 4 m Grading 8.06 g/t Within a Thicker Interval of 78 m Grading 0.97 g/t Gold at the Boa Vista Project, Brazil

Brazilian Gold Intersects 4 m Grading 8.06 g/t Within a Thicker Interval of 78 m Grading 0.97 g/t Gold at the Boa Vista Project, Brazil

Release No. 4/12
Vancouver, BC, February 22, 2012

Brazilian Gold Corporation (TSXV: BGC) is pleased to report assay results for the first 5 holes of the Phase Two drill program (approx. 2,500 m) on the VG1 target (Boa Vista project) in the Tapajós region of northern Brazil. Gold mineralization at the VG1 target was intersected by Brazilian Gold and their joint venture partners, Octa Mineração Ltda. and D'Gold Mineral Ltda., in the first quarter of 2011. The discovery hole tested the eastern part of a 2 km long gold in soil anomaly and intersected 1.43 g/t gold over its entire length of 102.3 m and ended in mineralization. The road accessible project is located approximately 170 km southwest of the town of Novo Progresso, which is located along the recently paved BR163 highway.

Highlights

• VGD-009-11 intersected 4 m grading 8.06 g/t gold within a larger mineralized envelope of 78 m grading 0.97 g/t gold.
• VGD-009-11 is located approximately 80 m east of previously reported drill hole VGD- 001-11, which intersected 29.6 m grading 3.09 g/t and 13.58 m grading 2.80 g/t gold within a larger mineralized envelope of 102.3 m grading 1.43 g/t gold; VGD-001-11 ended in mineralization.
• The nine holes completed in this program at VG1 have intersected wide intervals of alteration and mineralization over a strike length of 600 m; assays for 4 holes pending.
• Near surface gold mineralization at the VG1 target has the potential to be mined by low cost open pit extraction.
• VG1 target represents one of several highly prospective gold targets identified on the Boa Vista project.
• Induced polarization (IP) survey (approx. 60 line km) is currently in progress.
• IP survey has identified resistivity + chargeability anomalies coincident with a 2 km long ridge formed by silica veined and brecciated rock at the Planalto target.

Table 1: Drill results from the VG1 target, Boa Vista project.
Hole ID	Section	From (m)	To (m)	Interval (m)*	Au g/t
VGD-006-11	600-VG	50.00	54.00	4.00	1.05
VGD-006-11	600-VG	158.00	186.00	28.00	0.41
VGD-007-11	600-VG	34.00	42.00	8.00	0.42
VGD-007-11	600-VG	74.00	82.00	8.00	2.11
VGD-007-11	600-VG	230.00	261.30	31.30	1.06
VGD-008-11	500-VG	58.50	65.00	6.50	0.75
VGD-009-11	400-VG	92.00	170.00	78.00	0.97
Includes	400-VG	140.00	144.00	4.00	8.06
VGD-010-11	300-VG	89.00	101.00	12.00	0.53

* True thickness uncertain at this time.

Ian Stalker, CEO of Brazilian Gold, commented "The Company is delighted with these encouraging drill results from the Boa Vista project. The VG1 target is developing nicely into a bulk open pit mining scenario evident by the drill intersections received to date along the 2 km long anomaly. The attractive grades and thicknesses reported suggest a positive economic opportunity. It is also positive to note the number and quality of our other targets at the Boa Vista project.

In addition to the current drill program on VG1, we are completing an IP survey over a number of the high priority targets on the project. At Planalto, the survey has identified a number of coincident high resistivity and chargeability targets that underlay the silica veined and brecciated rock that has been mapped on surface for a distance of over 2 km. Once the drilling has been completed at VG1, the drill will be moved to Planalto to test this high priority target before demobilizing the drill rig to the Batistão project. The Batistão project is located in the Alta Floresta Gold Province approximately 325 km southeast of the Boa Vista project in northern Mato Grosso state".

Drill holes reported in this News Release are located on four sections spaced approximately 100 m apart; the drill holes were drilled at azimuth 020° and an inclination of -55°. All drill holes intersected significant thicknesses of alteration and mineralization hosted in foliated granitoid and mafic volcanic rocks.

The VG1 prospect was discovered in May 2010 when coarse visible gold was identified in surface rock samples. Since that time, soil geochemistry and geophysics (IP and magnetics) has outlined an anomaly that is 2 km in length, up to 350 m in width and trends east-west. A follow-up trenching program was completed over the eastern half of this anomaly that included the original discovery area and the highest gold in soil values. The trenching program identified a number of silicified and sulphide (oxide) zones that are meter's to 10's of meter's in width and trend parallel or sub-parallel to the gold in soil anomaly. The Phase One drill program (609 m in 5 holes) comprised of a northeast fence of one vertical hole and three angle holes, which intersected wide intervals of gold mineralization and alteration with the best hole, VGD-001, grading 1.43 g/t gold over its entire length off 102.3 m and ended in mineralization. The current drill program will test seven sections spaced 100 m apart both east and west of the discovery holes.

An IP survey (60 km) is currently in progress over the numerous targets on the project. Recent survey results over the Planalto target has identified resistivity + chargeability anomalies coincident with a ridge that is underlain by multi-episodic quartz veined, silicified and brecciated rock; the ridge trends north-south and is over 2 km long. Some of these anomalies will be drill tested once drilling has been completed at VG1.

Brazilian Gold Corp (BGC:TSXV) Shares advance 11% Tuesday

Brazilian Gold Corp (BGC:TSXV) Shares advance 11% Tuesday as the company's flagship Sao Jorge Gold Project begins to move out of the exploration stage and into the development stage. A revised PEA is expected soon where a resource upgrade is likely.

Brazilian Gold Corporation

www.braziliangold.ca

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Brazilian Gold Corp (BGC:TSXV) Shares advance 11% Tuesday as flagship Sao Jorge makes transition from exploration and into development stage. Revised PEA expected mid 2012 with resource upgrade

Victoria Oil & Gas (VOG:LSE) Now Generating Cash & Producing

Victoria Oil & Gas
20 February 2012
Oil & Gas Exploration and Production
VOG (FTSE AIM ALL SHARE)
Explorer to Producer: Cash Burner to Cash Generator
Latent value in producing assets onshore Cameroon
Investment Case
Production commenced from Logbaba in December 2011 but we are yet to see a re-rating of the stock

Former Senior CAMECO Director Joins URU Metals (LSE:URU)

Major Coup For URU Metals the London Listed Uranium and Nickel Exploration & Development Company as they Announce the Appointment of Roger Lemaitre Cameco's former Director of Worldwide Exploration as their new CEO 

Appointment of Chief Executive Officer

The Board of Directors of URU Metals Limited is pleased to announce that Mr. Roger Lemaitre is joining the Company as Chief Executive Officer with effect from today.

Roger Lemaitre P.Eng., P. Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) is a Professional Engineer and Geologist with more than 20 years of professional experience, predominantly with major mining companies. For the past 11 years, he has held a variety of senior management positions with Cameco Corporation, one of the world's largest uranium producers, and was most recently Cameco's Director of Worldwide Exploration.

In this position, Roger had responsibility for overseeing Cameco's international exploration programs and budgets on 95 different projects coordinated from three offices located on three continents, the negotiation of earn-in and farm-out joint ventures and strategic alliances, and generating and implementing exploration strategies worldwide.

Prior to joining Cameco, Roger was a project and field geologist for senior mining companies and junior explorers searching for copper, zinc and gold.

Roger has a Master of Business Administration from Athabasca University, a Master of Applied Science in Geology from McGill University and a Bachelor of Applied Science in Geological Engineering from Queen's University.

The current Chief Executive Officer, Anton Esterhuizen, will continue to act as joint-Chief Executive for an interim period while there is an orderly transfer of executive responsibilities by him to Roger Lemaitre. Mr Esterhuizen will remain an advisor to the board of URU Metals while concentrating on his other mining and exploration ventures.

Commenting on the appointment, Paul Loudon, Non-Executive Chairman of URU Metals, said:

"It is extremely pleasing that URU Metals has been able to attract Roger Lemaitre as Chief Executive Officer, a highly qualified and extremely experienced engineer and geologist with global exploration experience that fits well with the Company's goal of identifying and developing world class mineral deposits. Roger is committed to the Company's strategy and vision of advancing our existing uranium and nickel projects, as well as entering into joint ventures and making strategic investments in order to create long-term shareholder value.

I would like to thank the outgoing CEO Anton Esterhuizen for his efforts over the past 18 months. In particular, his identification of our extremely promising South African sulfide nickel projects."

Atlantic Coal, More Coal, More Options

Atlantic Coal: US$35mn option on second PA project

AIM-listed open cast coal producer and processor Atlantic Coal Plc. (LON:ATC) (“Atlantic”) announced Wednesday

 that it will option a second anthracite coal property in Pennsylvania for a grand sum of US$35 million.

The company publically states that given the size of the deal tabled, it effectively amounts to a reverse takeover and as such requires shareholder approval. The company stresses that the deal is by no means absolute—Atlantic is yet to conduct due 

diligence on the property, which will run for a number of months—and the company says that the option announced will 

expire on 31 October.

Estimated to contain reserves of 12 million tons Run of Mine (ROM) at a 3.9 strip ratio with 4.1 million tons of clean coal,

 the 410 acre Pott & Bannon property is situated in New Castle Township, Schuylkill County. It is approximately 25 miles 

away from Atlantic’s flagship Stockton Colliery—an opencast anthracite mining and processing operation in the

 Pennsylvania Coal Field.

The news sent shares in Atlantic up 5.1 per cent in mid-morning London trading, valuing the company at £15.28 million.