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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 leonadoon Mar 06, 2019 8:12am
108 Views
Post# 29448039

RE:RE:RE:RE:RE:PDAC 2019

RE:RE:RE:RE:RE:PDAC 2019o date, Goldsource has completed six diamond core holes (652 metres), 14 sonic shallow core holes (161 metres), 113 shallow auger drill holes (436 metres) and 11 horizontal and vertical trenches (928 metres) at Salbora. Please refer to 2018 news releases dated May 24, July 12, October 25 and January 23, 2019 for previous results on Salbora. All results with gold mineralization are considered near surface and several drill holes ended in gold mineralization. Results for several additional auger and sonic core holes are pending and will be reported when received and compiled. Step out diamond core drilling of approximately 2,000 metres (15 to 20 additional holes) is planned for Salbora in H1, 2019. Here we go babe
Bullboard Posts