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Goldsource Mines Inc GXSFF


Primary Symbol: V.GXS

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

Bullboard Posts
Post by messanger9on Feb 09, 2009 11:18am
504 Views
Post# 15763602

Coal 101

Coal 101Many of you are having a problem uderstanding the basin concept.  Most of you have driven along and seen large ares of muskeg surounded by low hills.  The muskeg is the future coal deposit. Imagine a time of hot humid climate with vigourous plan growth.  Compaction of 10 to 20 times is required for the vegetable matter to be compacted to coal.  Periodsof higher water will cause a slowing in growh with sedment bing deposited (silt, sand) on top of the vegetation,  these are the partings.  The undulating topography will determing vegetation thickness.  The low ground (muskeg) will have vigorous growth.  Low hills(trees) will have much less, much of which may have been destroyed by fire and no accumulation.. The coal will configuer to theunderlyng topo and the overall topo will flatten
Simiiar toa lake with islands. The lake is the basin with a undlulatng  bottom, the shoreline is the margin of the basin.
Coal quality will be determine by, partings (sedimentation), depth of burial (compaction) ad hopefully acap of clay silt (shale) which will trap the volitiles (gas from rotting) .  The more gas the higher the BTU value.

Hopefully ths will help.

GLTA
Bullboard Posts

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