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by Stockwatch Business Reporter

New York spot gold rose $20.50 to $2,048.70 on Friday. The TSX Venture Exchange added 5.89 points to 556.18 while the TSX gold index rose 6.44 points to 274.88. Oh, where to start? Well, the rising tide that raised Iamgold Corp.(IMG) 33 cents to $3.49 on 3.82 million shares today did not lift all boats: Artemis Gold Inc. (ARTG) was a laggard, dropping eight cents to $6.20 on 983,000 shares. Neither Iamgold nor Artemis has had news since mid-December.

Cynthia Le Sueur-Aquin's Laurion Mineral Exploration Inc. (LME) jumped 2.5 cents to 45 cents on 342,000 shares on word of another hit at Ishkoday, north of Lake Superior in Northern Ontario. The assays, from the last four holes of a nine-hole drill program last year, included a 7.95-metre interval grading 3.61 grams of gold per tonne. That hole and the three others tested the southeastern extension of the mineralization.

The first five holes of the program, assays from which were revealed a week ago, tested the northeastern extension. Laurion looked to double the strike length of Ishkoday with the full program. The assays from the northeastern holes were arguably better -- a 3.5-metre interval graded 29.6 grams per tonne, but while there were several intervals with double-digit grades -- and one that topped 100 grams per tonne -- all of them spanned intervals of two metres or less.

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