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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
Comment by HighTeston Apr 09, 2009 11:34am
259 Views
Post# 15907922

RE: RE: RE: RE: WTR WTF

RE: RE: RE: RE: WTR WTFI'm thinking a deeply incised limestone topography, subsiding slowly. The conditions required to make a 100m of coal would have to be stable for an extremely long time, or subsidence acting at essentially the same rate as bog-peat accumulation. Remember also that the highlands were the Shield area back then, and the ocean to the southwest. Judging possible coal ground based on the position of the present highlands (Pasquia Hills) would be incorrect. Glaciers have mostly "scooped" out the original base of the shield to flatland "contact". The best coal deposition area would likely be between the original highlands and the ocean.

Imagine how water would flood in to the Fraser Valley in BC over time if isostatic rebound did not equal the ocean water level increase due to glacial meltwater since the last Ice Age for a general idea od bog formation sites.

HT
Bullboard Posts

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