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by Stockwatch Business Reporter

New York spot gold fell $15.60 by Tuesday afternoon, pausing at $4,124.10. The TSX Venture Exchange dipped 0.71 point to 846 while the TSX gold index lost 7.84 points to 864.42. Most precious metals miners moved southward today. Those doing so without a nudge by news included Jaguar Mining Inc. (JAG), which fell 31 cents to $6.27 on 133,000 shares. Silver X Mining Corp. (AGX) was along for the ride, dropping three cents to 75 cents on 1.54 million shares. Jaguar Mining Inc. (JAG), on the other hand, rose two cents to 72 cents on 1.3 million shares.

Jorge Ganoza's Fortuna Mining Corp. (FVI) fell 36 cents to $14.56 on 1.32 million shares on word that it has drilled a 350-metre surface-based interval averaging 0.96 gram of gold per tonne during infill drilling at its Lindero porphyry deposit in Argentina. The hit came from one of 31 holes drilled this year, all of which encountered mineralization. (Hold your hats -- this was an infill program, remember.) Fortuna did clean out its excess inventory of bold black ink in touting the results, as it highlighted 11 of the holes as worthy of note.

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