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by Stockwatch Business Reporter

New York spot gold edged higher Friday, adding 60 U.S. cents to $3,239.90. The TSX Venture Exchange rose 10.25 points to 656.40 while the TSX gold index fell 3.38 points to 454.06. Lundin Mining Corp. (LUN) managed an 11-cent gain to $11.67 on 7.03 million shares, but Taseko Mines Ltd. (TKO) fell 33 cents to $2.74 on 4.65 million shares. The drop came on the heels of a first quarter report that disappointed the market.

Ken Konkin's Tudor Gold Corp. (TUD) added one cent to 59 cents on 240,000 shares on word that it has received an exploration permit for its Treaty Creek project in northwestern British Columbia. The five-year permit, which will allow the company to carry on with exploration into the spring of 2030, is of course a renewal of an expiring permit, but its arrival is timely as the company is planning a busy year drilling on the property, especially at the high-grade Supercell One (SC-1) gold complex.

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