Highlights
*Sourced from the Weekly Gold Monitor

• The spot gold price closed at $613/oz last Friday, a 5%increase from the previous week. Gold strengthened on expectations that the U.S. Federal Reserve may curb further interest rate increases.
• The sector is currently discounting a gold price that is equal to the spot gold price. The two-year average is $55/oz.
• Valuations continue at historical lows, with the North American seniors and intermediate equities trading at parto our 0% NAV compared to the two-year average premium of 25%.

Additional Headlines:

Is It Time to Cash In on That Jewelry Box? - New York Times, Jul 08, 2006 18:38
“If you aren’t wearing your jewelry, you are losing money”
GOLD and silver prices have fallen from the peaks they reached two months ago, but after five years of steady increases, they are still at levels that are spurring people to cash in unwanted jewelry…

Silver fall on stockists selling; gold also eases - Money Plans, Jul 09, 2006 02:13
After sharp gains in previous day’s trading, silver plunged on the bullion market today on emergence of profit…

Drilling Commences at West Plains and Anuri
Committee Bay Greenstone Project, Nunavut, Canada July 4, 2006
Committee Bay Resources Ltd. (CBR-TSXV) has commenced drilling at the 100% owned
Committee Bay project located northeast of Baker Lake, Nunavut. The Company has set a $3 million budget for the Phase 1 exploration program, with a minimum of 3,500 metres (m) of drilling to be completed from late June through August…

Kaminak Mobilizes Crew to Sharpe Lake Gold Project, Manitoba
June 21, 2006
Vancouver, B.C. – Kaminak Gold Corporation (KAM: TSXV) today announced a five person crew has commenced field work on the Company’s 5,000 hectare Sharpe Lake Gold Project, located 550 kilometres northeast of Winnipeg, Manitoba…

Oro Gold Develops Drill Targets in Rosario Gold Belt 6/8/2006 1:23:13 PM ET News Release Index

VANCOUVER, BRITISH COLUMBIA, Jun 8, 2006 (CCNMatthews via COMTEX News Network) — Oro Gold Resources Ltd. (”Oro Gold”) (TSX VENTURE:OGR) is pleased to provide an update on advancements made at its projects in the Rosario Gold Belt, located in southern Sinaloa, Mexico. Impressive geochemical results have been received from field work at the San Isidro and
Trinidad properties…

*Sources:

Weekly Gold Monitor
http://www.kitco.com/
Committee Bay Resources
Kaminak Gold
Oro Gold Resources