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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 crockyon Mar 12, 2009 2:29pm
323 Views
Post# 15840221

Remember it was 17 days...

Remember it was 17 days....... between the first 2 winter drilling news releases . That represented 20 new holes ( from #27 - #47 ) . It has been 10 days since the last news release. As another poster said, patience.
I'd like to think that GXS is putting together more analysis and deposit delineation for some of the areas rather than simple core intercepts. That may take a bit more time as well. Also, more holes between news releases helps to keep many people in the dark , including salivating majors. As far as we know there are no confidentiality agreements between majors and Goldsource. They are all at the same level of understanding about this play . The bigger the database , the bigger the deposit , the better the confidence levels and the more excited the big boys become about pre-emptive deals or poking around. I wonder how Eric Frier's trip to PRB went?
Here's hoping.
Crocky
Bullboard Posts