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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 badswedeon Jun 26, 2009 8:53am
192 Views
Post# 16100516

RE: Excaliber...

RE: Excaliber...With this EM survey they are weaving a fine web over the area and since they now can identify targets by their signature this survey is a key factor in the coming 43-101. And with success in summerdrill at this targets they may present a bullet proof case in late 3rd quarter. For all three areas!!!!
Guess we have to wait a while longer for the rocket to lift.

From Sweden with love / Ben
Bullboard Posts