Goldsource Mines Inc V.GXS

Alternate Symbol(s): GXSFF

Metals & Mining Gold

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.

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Goldsource Mines Inc

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Comment by HighTeston Mar 04, 2010 2:17pm

177 Views

Post# 16843956

RE: Only drilling goin on is Pine River

Jan 26 2009 NR

J. Scott Drever, president, stated: "We are certainly pleased to have the continued exploration of the Border coal project under way, and to be in a position to commence our exploration efforts in Manitoba and at Ballantyne. As a result of our refinement of the interpretation of the airborne data, it is also exciting to know that we have at least 15 additional targets within the Border permit area, and numerous targets at Ballantyne and Pine River, which have the potential to add to our current substantial coal resources. Goldsource is still well financed and we are looking forward to a busy and productive 2010."

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