Goldsource Mines Inc V.GXS

Metals & Mining Gold

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.

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Goldsource Mines Inc

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Comment by mepecachewon Mar 25, 2009 10:08am

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Post# 15868816

RE: US coal supplies rise 1.97 pct for week.

That is great news indeed Drummerboy.
And with Barack Obama putting restrictions and halting drilling permits for small resource companies in the USA
that will push the PPS of Goldsource higher.
Now if we hit the Mother load Watch Out !
There will be no shares available most of the shares are held tightly and as you know the float is very low.
GLTA!!!!

EPA Administrator Lisa Jackson announced that her agency wouldput the breaks on hundreds of permits for new coal mining projectsusing the devastating practice known as mountaintop removal .

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