11:54 AM EST - Gammon Gold Inc : announced that it has successfully completed the first-stage, 2,000-metre drilling program at the Los Jarros Project in western Chihuahua. The drilling was focused on the Gaby target where significant near surface mineralization was discovered. The Gaby target is approximately 22 kilometres southeast of Ocampo and 29 kilometres northwest of Fresnillo PLC's Orisyvo gold deposit. Gammon Gold Inc
shares T.GAM are trading down $0.24 at $7.36.