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by Stockwatch Business Reporter
New York spot gold rose $7.80 to $1,340.90 on Tuesday. The TSX Venture Exchange rose 1.34 points to 899.92 while the TSX Gold Index rose 3.48 points to 200.56. Leading the gold stocks was Endeavour Gold Mining Corp. (EDV), whichadded $1.26 to $26.16 and traded 626,000 shares on word it produced 663,000 ounces of gold last year.Osisko Gold Royalties Ltd. (OR) bucked the trend, dropping two cents to $14.38 on 781,000 shares.
Jonathan Awde's Gold Standard Ventures Corp. (GSV), unchanged at $2.22 on 1.21 million shares, has received assays of up to 2.96 grams of gold per tonne over 237.8 metres from an infill hole drilled into the northern portion of the Dark Star deposit on its Railroad-Pinion project in northern Nevada. Another infill hole, 35 metres to the south, produced several gold zones, including a 141.8-metre interval that averaged 3.32 grams per tonne. The assays from seven other infill holes produced a few other noteworthy results, although with lesser grades across shorter intervals. Gold Standard also received assays from five exploration holes at Dark Star, but they all failed to encounter significant gold.
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