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by Stockwatch Business Reporter

New York spot gold rose $16.70 by the time North American stock markets closed on Monday, taking a breather at $4,011.80. As for those markets, the TSX Venture Exchange added 4.33 points to 825.28, while the TSX gold index gained 8.79 points to 810.74. Most of the strong silent types came with a copper hue today, including Lundin Mining Corp. (LUN), which added 91 cents to $30.41 on 4.22 million shares. Helping to lead the southbound contingent was West Red Lake Gold Mines Ltd. (WRLG), which lost one cent to 69 cents on 854,000 shares, and DPM Metals Inc. (DPM), which lost $2.86 to $53.16 on 3.09 million shares.

David Wolfin's Avino Silver & Gold Mines Ltd. (ASM) lost three cents to $6.47 on 917,000 shares on new assays from its La Preciosa mine in Durango, Mexico. The headline hit from 13 new holes of its phase I drill program returned 0.32 gram of gold and 616 grams of silver per tonne across a true width of 4.86 metres, which occurred in the La Gloria structure. A second hole into La Gloria managed 0.54 gram of gold and 554 grams of silver per tonne across 2.76 metres, while one that hit the Ramal structure mustered 0.95 gram of gold and 551 grams of silver per tonne over a 1.55-metre true width.

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