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by Stockwatch Business Reporter

New York spot gold rose $28.20 to $1,932.40 on Thursday. The TSX-V lost 1.94 points to 615.91 while the TSX gold index rose 6.15 points to 306.19. Most Canadian gold miners moved upward today. Centerra Gold Inc. (CG) rose 32 cents to $8.04 on 1.02 million shares and Oceanagold Corp. (OGC) kept it company from a distance, adding just three cents to $2.77 on 3.2 million shares. Both companies cheered their recent performance earlier this week. Meanwhile, SSR Mining Inc. (SSRM), which will applaud its 2022 performance next week, struggled a bit today, dropping eight cents to $22.38 on 966,000 shares.

John McConnell's Yukon gold miner, Victoria Gold Inc. (VGCX) rose 52 cents to $9.45 on 1.83 million shares thanks to some exploration news. The company has drilled an 83.5-metre interval averaging 3.59 grams of gold per tonne at Raven, on its Dublin Gulch project in Yukon. The hit included a 14.5-metre zone averaging 20.24 grams per tonne, which left the remaining 69 metres with unpromotable amounts of gold. A second hole yielded mineralization over 105.5 metres but without a similar high-grade subsection, it averaged just 0.65 gram per tonne.

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