Goldsource Mines Inc GXSFF

Primary Symbol: 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.

TSXV:GXS - Post by User

Goldsource Mines Inc

Bullboard Posts

Comment by crockyon Apr 01, 2009 11:37pm

346 Views

Post# 15890082

RE: RE: 6 kms squared = around 200 mil tons

Will Goldsource be able to define inferred tonnage from the winter program and say so in their news release? If the infill holes expand on hole #5 and we do move into the range of a 4x4 or 5x5 km deposit can they state the tonnage for that? I'm sure the astute analysts will know how to do crude math and decide what fair value is for the stock. Let's hope for that continuity around at least one of the prime areas. If my memory serves me correctly PRB isn't one entire deposit but a series of smaller ones.
Crocky

Bullboard Posts

How one company is disrupting PoC testing