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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 AuContraireon Mar 12, 2009 12:57pm
249 Views
Post# 15839833

The Return Of The Shooters.

The Return Of The Shooters.Seismic .. that is.  Kerogen and Shotglass.  Kerogen is what is called a 'soft rock' guy.  These are seismic shooters.  Petroleum guys.  Miners very rarely use seismic.  Except perhaps to determine overburden thickness.  We adopt a systematic approach based on drill hole data. Start with the known and expand outward on a grid system.  The picture expands and develops almost by the hour in this case.  Holes are short, fast, and inexpensive. The data is 'hard'.  I have the utmost confidence in the GXS technical crew.  If seismic was a good way to go they would be doing it. So guys .. go 'shoot' some more.  Somewhere else. LOL.
Bullboard Posts