11:53 AM EST - Carpathian Gold Inc. : announced an updated National Instrument 43-101 Resource Estimate, as provided by independent consultants NCL Brasil Ltda. on its 100% owned Riacho dos Machados gold project located in Minas Gerais State, Brazil. 2011 Resource Estimate Highlights include: Measured plus Indicated mineral resource of 936,600 ounces of gold (open-pit plus underground), an increase of 15% from the 2010 Resource Estimate. Inferred resource was 587,300 ounces of gold (open-pit plus underground). Inferred mineral resource for the open-pit portion of the deposit was 240,700 ounces of gold. Carpathian Gold Inc.
shares T.CPN are trading even at $0.47.
