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by Stockwatch Business Reporter

New York spot gold surged $59.30 to $1,315.60 on Friday as markets reacted to the British voting to leave the European Union. The TSX Venture Exchange gained 0.57 point to 710.79 while the TSX Gold Index leapt 17.05 points to 244.19. Canadian gold miners posted big gains today. Agnico Eagle Mines Ltd. (AEM) soared $3.95 to $67.51 on 1.81 million shares and Detour Gold Corp. (DGC) jumped $3.27 to $32.67 on 2.69 million shares.

Randy Turner's Independence Gold Corp. (IGO), up 3.5 cents to 31 cents on 1.00 million shares, has closed its $1.95-million private placement with Goldcorp Inc. (G: $23.89). Goldcorp has acquired 10.88 million flow-through shares at 18 cents, giving it a 19.9-per-cent interest in the company. Mr. Turner, Independence's president and chief executive officer, says the cash is for the company's gold projects in Yukon. Independence began a $1.5-million exploration program earlier this month on its properties in the White Gold district of Yukon, mainly on and around its Boulevard property.

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