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Goldsource Mines Inc V.GXS

Alternate Symbol(s):  GXSFF

Goldsource Mines Inc. is a Canada-based resource company, which is engaged in exploration activities. The Company is focused on the Eagle Mountain Gold Project (Eagle Mountain) for which it has a 100% interest in the Eagle Mountain Prospecting License (EMPL) and the Kilroy Mining Permit (collectively, the Property). The Property is located approximately seven kilometers (km) south of Mahdia Township (population approximately 3000). Mahdia Township can be accessed by road from Georgetown, a driving distance of approximately 325 km, or via air by a commercial flight. The Property consists of an area of approximately 5,050 hectares (ha) (12,480 acres) in central Guyana, South America. 4,784 hectares (11,820 acres) of the Eagle Mountain Property relate to the EMPL while 266 ha (660 acres) relate to the Medium Scale Mining Permit held by Kilroy Mining Inc. (Kilroy), on which the Company has a long-term lease with a 2% net smelter return royalty.


TSXV:GXS - Post by User

Bullboard Posts
Post by coffinraideron Mar 01, 2009 4:09pm
320 Views
Post# 15812303

GXS does caution against

GXS does caution against
- placing any undue conclusions on the quality or economic viability of the substance.- the analysis showed certain portions of the coal zone based on visualcharacteristics to have raw ash values in excess of 25%. Generally, goodthermal coal is carbonaceous material with less than 25% ash. - Also - initial identification of the intervals of the coal zone are based on visual characteristics. - the Company cautions againstplacing undue reliance on the visual observations of the coal until theresults of the analytical work have been announced.

-do you even pay attention to any of these things?,- do the pumpers - obviously not the pumpers the pumpers the pumpers
Bullboard Posts