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Gold Summary for April 21, 2016

2016-04-21 21:11 ET - Market Summary

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by Stockwatch Business Reporter

New York spot gold gained $3.70 to $1,248.00 on Thursday. The TSX Venture Exchange gained 4.13 points to 658.38 while the TSX Gold Index gained 5.51 points to 207.61. Canadian gold stocks moved higher with bullion today, led by Agnico Eagle Mines Ltd. (AEM), which gained $1.63 to $53.24 on 1.63 million shares, and Kinross Gold Corp. (K), which gained 26 cents to $5.97 on 17.08 million shares. Kirkland Lake Gold Inc. (KGI) was one of a few laggards; it dropped five cents to $8.17 on 1.16 million shares.

Marie-Jose Girard's Dios Exploration Inc. (DOS), down 1.5 cents to 12.5 cents on 749,000 shares, has received assays of up to 1.15 grams of gold per tonne over 64 metres at its Heberto project in the Otish Mountains region of Quebec. The drill hit from the company's 19th hole included a 13-metre interval that averaged 3.65 grams per tonne. The latest assays come from the company's eight-hole, 1,500-metre drill program that Ms. Girard, president and chief executive officer, says follows Dios's "successful and significant first-ever" drilling at Heberto, which took place last fall.

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