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Gabriel Resources Ltd.

10:10 AM EST - Gabriel Resources Ltd. : announced the publication of its first-quarter management's discussion and analysis report for the period ended March 31. Financial highlights include a net loss of $2.6 million, or $0.007 per share. The net loss for the quarter primarily reflects stock based compensation and corporate costs of $2.9 million. Cash and cash equivalents totaled $118.5 million. Gabriel Resources Ltd. shares T.GBU are trading down $0.08 at $1.72.