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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
Comment by crockyon Feb 20, 2009 12:57pm
288 Views
Post# 15793160

RE: GXS on a Swamp??

RE: GXS on a Swamp??The area to the E. of the Pasqua Hills is very wet as the water flows towards the MB boarder. Photos of the Goldsource claims have shown that it is not necessarily all swamp but it ain't dry either. The reason GXS is drilling in the winter is to minimize the damage caused by the Bomardier Track rigs to the wetlands. The prov. ministry mandates this. I won't get into a semantic discussion here of 'swamp' vs. 'bog' vs. 'marsh' vs. 'wetlands' but from this map you can see that the area to the E. of the highway and rail line has been mapped as 'wetland' based on the map key. Hope this helps.
https://atlas.nrcan.gc.ca/site/english/maps/topo/map


Crocky
Bullboard Posts