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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
Comment by crockyon Apr 15, 2009 6:19pm
205 Views
Post# 15921022

RE: any guesses on lab results?

RE: any guesses on lab results?It would obviously depend on whether the last set of holes were drilled in all 3 basins . To compile the data for one basin will require every last core. I haven't written down the holes and their corresponding basins from the last news release to know whether they were done one of them a long time ago. I was told by Carolyn at GXS that they could be received any day. Then a few days to compile and write a new release.
This same question will come into play when it's time to do a 43-101 resource definition. Do they have to do summer drilling for each of the holes/bodies right through until fall for a composite 43-101 or can they pick and choose which ones they will include and advance those ones first?
Crocky
Bullboard Posts