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by Stockwatch Business Reporter

Well, it did it! New York spot gold topped $4,000 Wednesday, adding $56.70 to $4,040.30 by the afternoon pause. Bullion is now up over 30 per cent since the word "tariff" became household table talk around the globe. The TSX Venture Exchange jumped 21.95 points, gaining a firm beachhead across the 1,000-point mark at 1,013.31. The TSX gold index also did well -- and why would it not? -- adding 15.58 points to 756.23. Today was a good day to cheer "strong" quarterly production results: K92 Mining Inc. (KNT) leapt $1.91 to $19.47 on 3.22 million shares on its third quarter report. Still, there were laggards: Wheaton Precious Metals Corp. (WPM) lost $1.50 to $149.62 on 1.46 million shares.

Joseph Ovsenek's Tudor Gold Corp. (TUD) took time out from sparring with Seabridge Gold Inc. (SEA: $35.02) and the British Columbia government to tout some new assays from its Treaty Creek gold project in northwestern British Columbia. The hit returned 1.7 grams of gold and 3.46 grams of silver per tonne plus 0.01 per cent copper across 73.5 metres at depth in an eastern extension of the 300 Horizon zone, linking earlier intercepts within a potential SC-1 zone corridor. The new hole held higher-grade subintervals, culminating with a 10.5-metre zone that ran 4.41 grams of gold and 3.46 grams of silver per tonne.

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