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by Stockwatch Business Reporter

New York spot gold slipped $13.30 to $1,242.40 on Wednesday. The TSX Venture Exchange lost 5.20 points to 621.72 while the TSX Gold Index fell 5.29 points to 202.05. Most gold miners were down today, with Goldcorp Inc. (G), off 52 cents to $22.13 on 6.15 million shares, leading the retreat. Detour Gold Corp. (DGC) went the other way, gaining six cents to $25.16 on 3.34 million shares.

Patrick Anderson's Dalradian Resources Inc. (DNA), down two cents to $1.06 on 672,000 shares, has received assays of up to 100.66 grams of gold per tonne over 1.44 metres at its Curraghinalt project in Northern Ireland. The glittering assay was just one of several high-grade hits contained in the results for the last 39 holes of the company's 51,500-metre, 182-hole infill drilling program that wrapped up in February. Other noteworthy intersections include a 1.02-metre interval that averaged 73.61 grams per tonne and 66.43 grams per tonne over 1.06 metres. The results are no surprise, as Dalradian has received several other assays over the past few months that topped 100 grams per tonne across one-metre intervals.

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