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.

TSXV:GXS - Post by User

Goldsource Mines Inc

Bullboard Posts

Post by MBRockson Jul 25, 2008 9:27pm

405 Views

Post# 15331636

From GXS NR July 21/08

"It is expected that drill hole BD08-02, which is approximately 2,500 metres northwest of BD08-03, will be drilled after BD08-04"

They clearly state that hole BD08-02 is "expected" to be drilled next... doesn't mean forsure. So as to previous poster... they very well could have changed their minds and drilled BD08-05, which is ESE according to originally drill hole #'s

These drill hole numbers seem to be confusing some.... GXS doesn't refer to the drill holes by the order they were drilled (ie: when referring to hole 5 being NW - you are actually referring to hole BD08-02) and making the assumption that it is or will be the 5th hole drilled.

GLTA

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023