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by Stockwatch Business Reporter

New York spot gold fell $4.80 to $1,295.20 on Tuesday. The TSX Venture Exchange fell 6.59 points to 762.43 while the TSX Gold Index rose 0.44 point to 191.50. Tahoe Resources Inc. (THO) led Canadian gold miners lower today. It fell 19 cents to $6.67 on 1.77 million shares. Agnico Eagle Mines Ltd. (AEM) added 74 cents to $59.28 on 776,000 shares.

Sean Roosen and John Burzynski's Osisko Mining Inc. (OSK), down two cents to $2.05 on 1.30 million shares, has received assays of up to 20 grams of gold per tonne over 8.7 metres from the Underdog area at its Windfall Lake gold project in the Urban district of Quebec. The latest assays are from another 35 holes and eight wedges drilled in the company's continuing program, which has spanned 800,000 metres since the work began three years ago. The latest holes, infill tests focused on the Windfall deposit, produced several high-grade hits, including 22.5 grams per tonne over 4.6 metres from Underdog, 14.4 grams per tonne across 11.1 metres from the Bearcat zone and 69.6 grams per tonne across two metres from Zone 27.

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