The Ubika Gold 20 Index’s (UG20) 1.6% gain beat out the price of gold and the TSX Gold Index, which dropped 1.2% and 2.8%, respectively, for the month. On an annual basis, the UG20 increased 3.6%, compared with a 5.2% slide for gold, and a 1.3% decline in the TSX Gold Index. Dalradian Resources Inc. (TSX: DNA) was the top monthly performer, surging 22% after the gold project developer announced recently that it has made continued progress with the fully-funded $30 million work program at its Curraghinalt gold project in Northern Ireland in support of a Pre-Feasibility Study and an Environmental Impact Assessment.
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