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Goldsource Mines Inc 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 dweiserwonon Mar 11, 2009 3:50pm
314 Views
Post# 15837375

BIG News!!!!

BIG News!!!!

Japan cuts Australian coal price deals by 44pc

The Australian - ?6 hours ago?
Rio Tinto and Australia's biggest thermal coal exporter, Xstrata, are understood to have settled thermal coal prices at $US70 to $US72 a tonne with Japan's ...

Way BELOW the cost of production!!! IMHO

DW1

PS: I wouldn't touch this with a 10 foot pole!!!!
Bullboard Posts