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Check back later this morning for today’s Morning Musings.

1. The Venture is aiming for its 8th winning session out of the last 9, a very bullish sign considering how weak Gold has been recently…the Index is up 2 points at 753 as of 7:00 am Pacific…for just the 2nd time in more than 15 years, the Venture’s December low may have occurred on the 1st trading day of the month…

2. Gold has traded in a narrow range between $1,169 and $1,175 so far today…Crude Oil has eased off to $50.63 a barrel on profit taking but should have strong new support around the $50 level…

3. Probe Metals (PRB, TSX-V) has discovered a significant new Gold zone at its Val d’Or East Project…    mineralization was intersected consistently in a diorite dike between 400 m and 800 m depth in drill hole PC-16–90 and included 12.6 g/t Au over 7.3 m…the high-grade zone was also intersected in holes PC-91 and PC-94, returning intercepts of up to 8.5 g/t Au over 3.5 m and 9.7 g/t Au over 4.2 m, respectively (within the dike mineralization, true width is not known)…the presence of strong Gold mineralization in the diorite dike at these depths indicates that the east-west feeder system is active at these levels and bodes well for further expansion along strike, away from the dike, at these depths…in addition to the new zone, the higher-grade quartz-tourmaline vein mineralization originally targeted was also intersected at shallow depths in hole PC-90, returning an impressive 2 g/t Au over 143 m starting at 15 m depth (downhole)…PRB is up 33 cents at $1.50 as of 7:00 am Pacific…

4. IDM Mining (IDM, TSX-V) released assays this morning from the final 13 underground core holes completed at its Red Mountain Gold Project near Stewart…highlights include 27 m (true width) at 6.2 g/t Au and 23.2 g/t Ag (infill) and 6 m (true width) at 12.75 g/t Au and 44.2 g/t Ag (Marc Zone south step-out )…IDM is up a penny at 15.5 cents on the news as of 7:00 am Pacific…

5. Garibaldi Resources (GGI, TSX-V), advancing the first magmatic Ni-Cu-PGE-Au-Co deposit and massive sulphide system in the prolific Heart of Gold Camp north of Stewart and just 11 miles southwest of Eskay Creek, is within 2.5 cents of a new 52-week high…the stock has broken out above a long-term downtrend line and a “Golden Cross” has occurred on the chart with the 50-day moving average (SMA) crossing above the rising 200-day…GGI is at 13.5 cents as of 7:00 am Pacific…

6. Mawson Resources (MAW, TSX) is launching a 10,000-m diamond drill program at its 100%-owned Rompas-Rajapalot high-grade Gold Project in northern Finland…more than 50 holes are planned in the first systematic, large-scale and deep test of the area…the first rig mobilizes to the site this week and drilling is scheduled to continue until April of next year…

7. Agnico Eagle Mines (AEM, TSX) will be carrying out a private placement at $1.20 per share in upstart junior G4G Capital (GGC, TSX-V), which will soon be renamed White Gold, for ownership of just under 20% of the total issued and outstanding common shares of GGC on a non-diluted basis…the transaction is expected to close by the middle of next week…GGC is up 17 cents at $1.32 as of 7:00 am Pacific…