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by Stockwatch Business Reporter

New York spot gold gained $7.90 to $1,258.60 on Wednesday. The TSX Venture Exchange lost 1.28 points to 802.39 while the TSX Gold Index added 1.51 points to 209.48. Most Canadian gold miners moved little today. Osisko Gold Royalties Ltd. (OR) led the retreaters, dropping 37 cents to $14.52 on 1.20 million shares. Barrick Gold Corp. (ABX) nosed upward 24 cents to $22.44 on 7.31 million shares.

Akiba Leisman's Marlin Gold Mining Inc. (MLN), up seven cents to 79 cents on 208,000 shares, has received assays of up to 7.57 grams of gold per tonne over 63.35 metres at its La Trinidad mine in Mexico. That zone included a 10-metre interval with a true width of about 4.2 metres, which averaged 29.34 grams per tonne. The infill hole that produced that glitter yielded more gold than expected, especially in the upper part of the hole, which will likely increase the modelled grade and tonnage in that part of the deposit. Mr. Leisman, executive chairman and interim chief executive officer, says that Marlin's "exploration success at La Trinidad is surpassing our expectations," adding that he and his crew are excited to be mining this material later this year.

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