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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.


TSXV:GXS - Post by User

Goldsource Mines Inc
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Comment by Fedrigo1on Feb 05, 2019 10:48pm
458 Views
Post# 29324136

RE:Pretty good open pit pay dirt from surface

RE:Pretty good open pit pay dirt from surface Yes imo very good drill results from Goldsource in Guyana with their Sabora target.

Yannis Tsitos, president of Goldsource Mines, commented: "These first deeper drill holes at Salbora improve our understanding of the previously announced high-grade results, which included trenching and shallow sonic core drilling. Surface projection of gold mineralization to depth is apparent and remains open in all directions. These diamond drilling results indicate the potential to delineate a near-surface, wide, high-grade gold deposit at Salbora, which would expand the current resources at Eagle Mountain. 

Bought GXS today and wil be holding long with another Guyana gold jr GYA, they just announced some nice high grade trench samples and will be drilling in 2019.

Guyana has alot of undiscovered gold mines and Barrick Gold is interested in the Guyana Shield,  Reuter News Link  maybe big buy outs for GXS & GYA with Barrick on the hunt ....

Guyana Goldstrike Reports High-grade Assays of 23.59 g/t Au over 0.60 Metres within 3.60 Metres of 4.82 g/t Au in Trench TTR-18-10 at Toucan Ridge Area, Marudi Gold Project, Guyana


NEWS LINK 

GLTA
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