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

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Comment by crockyon Jul 25, 2008 10:00pm

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Post# 15331686

RE: This will help

That is the old map and since they moved hole BD08-02 ( see the updated map ) then the remaining holes on that map may also be moved to suit the companies needs. The government has to be approached to change the drilling plans but they will allow it. It wouldn't make sense to be bound unconditionally by an initial plan that turns out to be wrong. I think that the coal does trend East but I'm not sure if it is SE, E or NE , after hole #4 came up empty.
Crocky

Bullboard Posts

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