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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 > New resource estimation out.
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Post by mmoitalon Apr 07, 2022 7:36am
295 Views
Post# 34583313

New resource estimation out.

New resource estimation out.Steady grow but no surprises.

https://stockhouse.com/news/press-releases/2022/04/07/goldsource-announces-updated-resource-estimate-for-eagle-mountain-project

The push back of the PFS will possible hurt the stock, but more exploration could help if they find good gold.

In the mean time, yesterday my second holding (Westhaven) released a monster hole and the stock went up 68% in one day.
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