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 MasterChief1on Dec 01, 2008 8:30am

319 Views

Post# 15619845

Great news!

From the news release. This is widely used in WV.

In addition, preliminary washing tests completed by Loring Labs on the two discovery hole samples earlier in the year indicated the potential to significantly upgrade the quality of all of the coal by reducing the ash and sulphur content. The company is proceeding with additional comprehensive wash tests of the coal in order to further enhance its thermal and usage characteristics. The results of this testwork will be reported when completed.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario