Goldsource Mines Inc GXSFF

Primary Symbol: V.GXS

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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Post by Hozameenon Jul 24, 2008 8:16pm

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Post# 15327612

These big step-outs scare me.

Why oh why would they not set an 800 meter grid and stick to it ? If they only have just a few new holes permitted they just blew 2 of them. I really don't get this Sask. rules stuff. Seems extremely bureaucratic in my opinion when they try to say they are mining friendly. Does this now mean that there will be no more drilling until this coming winter ? What a pile of c*ap !!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Unacceptable .. in my opinion. This Permitting fiasco is a complete disgrace. Oh well .. what can you expect from a Province that used to be N D P ?

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