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.

TSXV:GXS - Post by User

Goldsource Mines Inc

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Post by coffintraderon Sep 01, 2011 3:44pm

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Post# 19004055

News - Signs Agreement With Zero Emission

Goldsource Mines Inc.
TSX VENTURE : GXS
FRANKFURT : G5M

September 01, 2011 15:42 ET
Goldsource Mines Inc. Signs Definitive Arrangement Agreement With Zero Emission Energy Plants Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Goldsource Mines Inc. ("Goldsource") (TSX VENTURE:GXS)(FRANKFURT:G5M) is pleased announce that Goldsource and Zero Emission Energy Plants Ltd. ("ZEEP") have entered into a definitive arrangement agreement dated August 24, 2011 (the "Arrangement Agreement") in connection with the arm's length business combination of Goldsource and ZEEP previously announced on July 11, 2011.
About Goldsource
Goldsource is a publicly-listed Canadian resource company engaged in the exploration and development of Canada's newest coal field in the province of Saskatchewan. Goldsource is responsible for recently identifying one of the country's most promising new coal deposits in Eastern Saskatchewan and has to date outlined more than 79 million tonnes of indicated, 33 million tonnes of inferred and 61 million tonnes of speculative good quality, sub-bituminous thermal coal resources. Headquartered in Vancouver, British Columbia, Goldsource is managed by experienced mining and business professionals.
About ZEEP
ZEEP is a private Bermuda company at arm's length to Goldsource that was founded in 2008 to commercialize and deploy certain gasification technologies (the "PWR Technology") developed by Pratt & Whitney Rocketdyne, Inc. ("
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Goldsource Mines Inc V.GXS

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TSXV:GXS - Post by User

News - Signs Agreement With Zero Emission

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