This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold rose $6.30 Tuesday, closing at $2,523.90. The TSX Venture Exchange lost 4.49 points to 573.03 while the TSX gold index dipped 1.01 points to 366.50. Most Canadian-listed gold miners drifted lower today. Kinross Gold Corp. (K) dropped 17 cents to $12.04 on 4.8 million shares, while Lundin Mining Corp. (LUN) added four cents to $14.32 on 4.68 million shares.

And now for the news. Darren Hall's Calibre Mining Corp. (CXB) closed unchanged at $2.33 on 2.21 million shares on word it has drilled a 117.4-metre true-width interval grading 0.45 gram of gold per tonne in one of several new holes drilled at its Pan mine in Nevada. There were higher grades but over shorter widths, including a 0.93-gram-per-tonne hit that spanned 24.4 metres and a 1.38-gram-per-tonne hit across a 9.1-metre width. Many of the intercepts show grades higher than the current resource estimate, the company says.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS