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by Stockwatch Business Reporter

New York spot gold closed for its 60-minute afternoon interlude Thursday at $3,290.90, up $16.60. The TSX Venture Exchange rose 0.75 point to 770.88 while the TSX gold index added 0.63 point to 506.00. Some golds went higher today, some lower, and some did so with gusto. Kinross Gold Corp. (K), which revealed second quarter results sufficient to maintain its three-U.S.-cent quarterly dividend, jumped 81 cents to $22.17 on 7.78 million shares today. A second quarter report from Alamos Gold Inc. (AGI) was not well received, as its stock fell $1.46 to $33.67 on 4.51 million shares.

Randy Turner's Independence Gold Corp. (IGO) was unchanged at 13 cents on 237,000 shares on word that it has drilled a 52.46-metre zone grading 2.51 grams of gold and 19.73 grams of silver per tonne at the Johnny vein system on its 3Ts project in central British Columbia. The broad zone was marbled with narrow intervals having higher grades, three of which spanned a total of 6.36 metres and averaged 10.16 grams per tonne. Even so, the remaining 46.1 metres still mustered 1.46 grams of gold and 16.25 grams of silver per tonne.

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