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Goldsource Mines Inc. (V:GXS)

Business Focus: Gold Mining

Mar 26, 2024 07:00 am ET
Mako Mining to Acquire Goldsource Mines Creating a Scalable Diversified Gold Producer with a Platform for Growth
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako") and Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) ("Goldsource") are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which Mako will acquire all of the issued and outstanding common shares of Goldsource (the "Goldsource Shares"), in exchange for common shares of Mako (the "Mako Shares"), by way of a plan of arrangement (the "Transaction").
Mar 26, 2024 07:00 am ET
Mako Mining to Acquire Goldsource Mines Creating a Scalable Diversified Gold Producer with a Platform for Growth
Not for distribution to U.S. newswire services or dissemination in the United States
Mar 01, 2024 07:35 pm ET
Goldsource Announces Filing of NI 43-101 Technical Report for the Eagle Mountain Gold Project
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that it has filed on SEDAR+ an independent technical report titled "Preliminary Economic Assessment for the Eagle Mountain Gold Project, Guyana" effective January 16, 2024 and dated March 1, 2024 (the "Technical Report") for the Company's 100%-owned Eagle Mountain Gold Project (the "Project") in Guyana, South America. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and supports the disclosure made by the Company in its January 16, 2024 news release announcing the results of the preliminary economic assessment. There are no material differences in the Technical Report from the information disclosed in the January 16, 2024 news release.
Jan 16, 2024 06:45 am ET
Goldsource Announces Positive Preliminary Economic Assessment for the Eagle Mountain Gold Project; After-Tax IRR of 57% and NPV5% of US$292 Million
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FWB: G5MA) ("Goldsource" or the "Company") is pleased to announce results for a Preliminary Economic Assessment ("PEA") for the Company's 100%-owned Eagle Mountain Gold Project (the "Project") in Guyana, South America. The PEA demonstrates potential for robust project economics as expressed by both strong after-tax returns on capital and free cash flow.
Dec 14, 2023 06:45 am ET
Goldsource Provides Update on Upcoming Preliminary Economic Assessment and Comments on the Border Controversy Between Guyana and Venezuela
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to provide an update on the planned Preliminary Economic Assessment ("PEA") for the Company's 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America. The PEA, being prepared by ERM Consultants Canada Ltd. and Soutex Inc., considers a fit-for-purpose low-capex intensity phased development plan. The initial phase, or Phase 1, comprises shallow (starting at surface), low strip ratio open pits for saprolite resources and a processing plant design that accounts for the beneficial characteristics of saprolite, including low power requirements and elevated metallurgical recoveries. This is followed by Phase 2, the development of fresh rock mineralization, in which gold production is derived from a blend of fresh rock and saprolite. The transition to fresh rock, both the timing and production scale, has been set to maximize the utility of the in-place infrastructure and potential free cash flow provided in Phase 1.
Dec 04, 2023 06:45 am ET
Goldsource Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company"), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 1,825,000 common shares of the Company at a price of $0.29 per share for a five-year term expiring December 1, 2028. The stock options were granted to directors, officers, employees and consultants of the Company and are subject to any necessary regulatory approvals.
Sep 11, 2023 06:05 am ET
Goldsource Provides Update on Engineering and Exploration Activities for Eagle Mountain; Drilling Intersects 9.1 m (ETW) Grading 4.41 gpt at the Soca Prospect
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to provide an update on its engineering and exploration activities for the Company's 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America. The 2023 work program includes engineering activities focused on the delivery of a Preliminary Economic Assessment ("PEA") as well as generative exploration and drilling activities to test new targets within the Eagle Mountain Prospecting License ("PL") and expansion and infill drilling to facilitate engineering studies.
Aug 14, 2023 08:05 am ET
Goldsource Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company"), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, announces the grant of stock options under its Stock Option Plan to purchase 215,000 common shares of the Company at a price of $0.30 per share for a five-year term expiring August 11, 2028. The stock options were granted to a director of the Company and are subject to any necessary regulatory approvals.
Jun 09, 2023 09:15 am ET
Goldsource Announces 2023 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that at the 2023 Annual General Meeting held on June 8, 2023 in Vancouver, British Columbia, Goldsource's shareholders voted in favour of all items of business.
May 23, 2023 08:00 am ET
Tajiri Highlights Drilling by Goldsource Mines that Intersects Mineralization on the Boundary of and Striking into the Gargantuan Project with Results Including: 6m @ 18.31g/t; 9m @ 9.29g/t; 21m @ 3.1
VANCOUVER, BC, May 23, 2023 /CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is pleased to draw investors' attention to good shallow drill results reported by our neighbour Goldsource Mines (TSX.V GXS) at their Soca Prospect located within a north south striking zone of mineralisation which extends southward into the Gargantuan Project, for a potential mineralised strike length of ~1,100m. The prospectivity of the Soca zone extension through Garganatuan is highlighted by extensive artisanal alluvial gold workings associated with its entire projected strike within Gargantuan (See Fi
May 23, 2023 07:15 am ET
Goldsource Closes $2.7 Million Upsized Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") previously announced on May 4, 2023, and upsized on May 8, 2023, for gross proceeds to the Company of $2,702,520. Under the Private Placement, the Company has issued a total of 7,507,000 units of the Company ("Units") at a price of $0.36 per Unit. Each Unit consists of one common share of the Company (each a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.55 until May 19, 2025.
May 08, 2023 07:00 am ET
Goldsource Announces Increase of Non-Brokered Private Placement to $2,600,000
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that due to demand from potential investors, its non-brokered private placement announced on May 4, 2023 has been increased by $600,000 for total aggregate gross proceeds to the Company of up to $2.6 million (the "Private Placement").
May 04, 2023 07:05 am ET
Goldsource Announces up to $2,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FWB: G5MA) ("Goldsource" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 5,555,555 units of the Company ("Units") at a price of $0.36 per Unit for gross proceeds to the Company of up to $2,000,000. Each Unit will consist of one common share of the Company (each a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.55 for a period of two years following the closing of the Private Placement.
Mar 23, 2023 06:45 am ET
Goldsource Reports Infill Drill Results for Eagle Mountain; 7.5 m (ETW) Grading 7.27 gpt Gold and 18.0 m (ETW) Grading 3.80 gpt Gold from Surface in Saprolite
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce exploration results for the Company's 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America. Reported results are principally for an infill drill program that was designed to test shallow near-surface saprolite and fresh rock gold mineralization as defined in the Company's April 2022 Mineral Resource Estimate ("2022 MRE") with the objectives of converting inferred mineral resources to indicated mineral resources and providing further information for mine scheduling studies that are intended to be incorporated in a Preliminary Economic Assessment ("PEA") planned for 2023. See attached Figures and Tables below. The 2022 MRE is contained in a report titled "Eagle Mountain Gold Project, Potaro - Siparuni Region Guyana, NI 43-101 Technical Report" dated May 24, 2022, with an Effective Date of April 5, 2022.
Feb 02, 2023 06:45 am ET
Goldsource Reports Positive Results for Eagle Mountain Metallurgical Test Program and Announces 2023 Work Plans
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce positive results from the 2022 metallurgical test program, and the 2023 work plans for the Company's 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America.
Dec 15, 2022 05:18 pm ET
Goldsource Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company"), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 1,532,500 common shares of the Company at a price of $0.40 per share for a five-year term expiring December 15, 2027. The stock options were granted to directors, officers, employees and consultants of the Company and are subject to any necessary regulatory approvals.
Dec 13, 2022 06:45 am ET
Goldsource Announces New Discovery at Eagle Mountain Project; Trench with 40 Metres grading 5.16 gpt Gold in Saprolite and Drill Intercept of 9.2 Metres (ETW) grading 2.04 gpt Gold
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce exploration results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Reported results are for a new discovery called North Zion with trenching and seven (7) core holes totalling 378 metres. An additional twenty-one (21) core holes totalling 1,606 metres are reported from the Montgomery, South Toucan and Ann prospects. See attached Figures and Tables below.
Aug 03, 2022 09:05 am ET
Goldsource Announces Upgrade to OTCQX
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that the Company has been approved for immediate trading on the OTCQX® Best Market ("OTCQX") in the United States under the symbol GXSFF. Previously, Goldsource shares traded on the OTCQB® Venture Market.
Aug 02, 2022 07:51 am ET
Goldsource Engages Investor Relations Consultant
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FWB: G5MA) ("Goldsource" or the "Company") is pleased to announce that it has engaged investor relations consultant Andrew Hay to conduct investor relations activities. Mr. Hay spent the last 20 years working as an investor relations and communications specialist consulting to publicly traded mineral exploration and technology companies.
Aug 02, 2022 07:00 am ET
OTC Markets Group Welcomes Goldsource Mines Inc. to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Goldsource Mines Inc. (TSX-V: GXS; OTCQX: GXSFF), a Canadian resource company, has qualified to trade on the OTCQX®...
Jun 20, 2022 07:13 pm ET
Goldsource Announces 2022 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce that at the 2022 Annual General Meeting held on June 20, 2022 in Vancouver, British Columbia, Goldsource's shareholders voted in favour of all items of business. All director nominees were elected.
May 24, 2022 04:59 pm ET
Goldsource Announces Filing of NI 43-101 Technical Report for the Eagle Mountain Project
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce the filing of a Technical Report (the "Report") which includes an updated Mineral Resource Estimate ("MRE Update") prepared in accordance with NI 43-101 for the Company's Eagle Mountain Gold Project. The Report is titled "Mineral Resource Estimate for the Eagle Mountain Gold Project, Potaro - Siparuni Region Guyana, NI 43-101 Technical Report", dated May 24, 2022 with an Effective Date of April 5, 2022. The summary results of the Report were previously announced in the Company's news release dated April 7, 2022. There are no material differences in mineral resources between the Report and that news release.
Apr 07, 2022 07:00 am ET
Goldsource Announces Updated Resource Estimate for Eagle Mountain Project; Indicated Resource of 1.2 Million Ounces of Gold, Inferred Resource of 582,000 Ounces of Gold
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA)  ("Goldsource" or the "Company") is pleased to announce an updated Mineral Resource estimate ("MRE Update") for its 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America. The MRE Update reflects the positive effect of infill and expansion drilling completed in 2021, principally in and around the Eagle Mountain deposit. This has resulted in an estimated 40% increase in ounces of gold for the Indicated Resource. Conversion of Inferred Resource to the Indicated category was the primary objective of the 2021 exploration program. The expanded Indicated Resource will form the basis for a prefeasibility study ("PFS") focussed on establishing shallow, low strip ratio open-pittable mineral reserves.
Mar 11, 2022 06:30 am ET
Goldsource Announces Phase-2 Exploration Drill Results for Eagle Mountain, Including 6.0 Metres Grading 18.31 gpt Gold and 9.0 Metres Grading 9.29 gpt Gold
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2022) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce exploration drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Reported results are for a new prospect located within the Eagle Mountain Prospecting License ("EMPL") and proximal to the Eagle Mountain deposit. This prospect, called Soca (the "Soca Prospect"), was discovered in late 2021 as part of the Company's Phase-2 exploration program. See attached Figures and Table below.
Dec 14, 2021 11:44 am ET
Goldsource Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company"), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 912,500 common shares of the Company at a price of $0.80 per share for a five-year term expiring December 13, 2026. The stock options were granted to directors, officers, employees and consultants of the Company and are subject to any necessary regulatory approvals.
Dec 02, 2021 07:00 am ET
Goldsource Announces Phase-2 Exploration Drill Results at Eagle Mountain Project; 41.4 metres (ETW) Grading 4.30 gpt Gold from Surface, including 3.2 metres (ETW) Grading 26.77 gpt Gold at the Toucan
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce additional exploration drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Newly reported results are for seven core holes totaling 726 metres from the Toucan Prospect located approximately 1.3 kilometres northwest of Eagle Mountain (see attached Figures and Table below).
Nov 17, 2021 06:45 am ET
Goldsource Announces Infill Drill Results for Eagle Mountain, Near Surface High-Grade Intercept of 14.2 m (ETW) Grading 20.0 gpt Au
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce additional infill and expansion drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Newly reported results are for 29 core holes totaling 3,269 metres from the Bacchus, Bottle Bank, No. 1 Hill and Bucket Shaft areas of the Eagle Mountain deposit. Another 7 core holes totaling 803 metres are for the Salbora deposit. See attached Figures and Tables below.
Oct 18, 2021 08:59 am ET
Goldsource Announces Stock Option Grant and Appointment of Kimberly Newsome as Vice President, Finance
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company"), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, is pleased to announce the appointment of Kimberly Newsome as Vice President, Finance for the Company effective October 15, 2021.
Oct 07, 2021 07:00 am ET
Goldsource Announces Additional Drill Results at Eagle Mountain Including 24.0 Metres (ETW) Grading 3.87 gpt Gold; Infill Program Substantially Complete, Resource Update on Track
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5MA) ("Goldsource" or the "Company") is pleased to announce additional infill and expansion drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Newly reported results are for 55 core holes totaling 7,886 metres from the Friendly, Bacchus, Bottle Bank, No. 1 Hill and Baboon areas of the Eagle Mountain deposit, which is defined by a series of sub-horizontal mineralized zones that are laterally extensive and start at surface. See attached Figures and Tables below.
Aug 12, 2021 07:15 am ET
Goldsource Announces Additional Drill Results at Eagle Mountain; 5.3 metres (ETW) Grading 15.73 gpt Gold and 16.0 metres (ETW) grading 1.44 gpt Gold from Surface
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce additional infill and expansion drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Newly reported results represent 43 core holes totaling 3,786 metres from the Zion and Bacchus areas, located in the eastern and northern locations of the Eagle Mountain deposit (see attached Figures and Tables below).
Jun 03, 2021 08:00 am ET
Goldsource Confirms Effective Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") announces that further to its press release on May 20, 2021, the TSX Venture Exchange (the "TSX-V") has approved the proposed share consolidation by the Company (the "Share Consolidation") on the basis of one (1) post-consolidation common share for every ten (10) pre-consolidation common shares.
May 20, 2021 03:26 pm ET
Goldsource Closes $12.65 Million Bought Deal Private Placement; Over-Allotment Option Exercised in Full
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Goldsource Mines Inc. (TSXV: GXS) ("Goldsource" or the "Company") is pleased to announce the completion of its previously announced bought deal private placement offering, whereby the Company issued a total of 115,000,000 units of the Company ("Units") at a price of $0.11 per Unit for gross proceeds of $12,650,000 (the "Offering"). Each Unit consists of one common share of Goldsource ("Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.14 per Common Share until May 20, 2023. The completed Offering includes exercise in full of the Underwriters' (as defined below) over-allotment option to purchase additional Units at $0.11 per Unit.
Apr 30, 2021 12:21 pm ET
Goldsource Announces Upsize in Private Placement of Units to C$11 Million
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Apr 29, 2021 06:06 pm ET
Goldsource Announces C$8.0 Million Bought Deal Private Placement and Concurrent Share Consolidation
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Apr 12, 2021 08:30 am ET
Eric Sprott Announces Holdings in Goldsource Mines Inc.
Toronto, Ontario--(Newsfile Corp. - April 12, 2021) - Eric Sprott announces that on April 11, 2021, 12,500,000 common share purchase warrants ("Warrants") of Goldsource Mines Inc. (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 4.8% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 29,000,000 common shares and 12,500,000 Warrants representing approximately 7.4% of the outstanding common shares on a non-diluted basis and approximately 10.3% on a partially diluted basis assuming the exercise of all such Warrants.
Apr 08, 2021 10:43 pm ET
Goldsource Announces Filing of NI 43-101 Technical Report for the Eagle Mountain Project
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the filing of a Technical Report (the "Report") which includes an updated Mineral Resource Estimate (the "MRE") prepared in accordance with NI 43-101 for the Company's Eagle Mountain Gold Project. The Report is titled "Eagle Mountain Gold Project, Potaro - Siparuni Region Guyana, NI 43-101 Technical Report", dated April 7, 2021 with an Effective Date of February 17, 2021. The summary results of the Report were previously announced in the Company's news release dated February 22, 2021 and there are no material differences in the mineral resources between the Report and that news release.
Mar 30, 2021 07:30 am ET
Goldsource Drilling in Ounce Hill Area at Eagle Mountain Intercepts 51 metres (44 m ETW) Grading 2.02 gpt Gold from Surface
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce additional in-fill and expansion drill results for the Company's 100%-owned Eagle Mountain Gold Project in Guyana, South America. Newly reported results, for resource conversion, represent 16 core holes totalling 1,205 metres (see attached Figures and Tables below) drilled from December 2020 to February 2021 in the Ounce Hill and Bacchus areas of the Eagle Mountain deposit.
Feb 22, 2021 08:50 am ET
Goldsource Announces Updated Mineral Resource Estimate for Eagle Mountain Project; MRE Expanded to 848,000 Ounces of Gold (Indicated Resource) and 868,000 Ounces of Gold (Inferred Resource)
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2021) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the results of an updated Mineral Resource Estimate ("MRE") for its 100%-owned Eagle Mountain Gold Project ("Project") in Guyana, South America. Details of the Mineral Resource Estimate, which include the Eagle Mountain and Salbora deposits, will be provided in a Technical Report prepared in accordance with National Instrument 43-101 ("NI 43-101") filed under the Company's SEDAR profile within 45 days of the release with an effective date of February 17, 2021. The updated MRE was prepared by CSA Global ("CSA") in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition.
Feb 08, 2021 07:15 am ET
Goldsource Announces High-Grade Drill Results at Eagle Mountain; 34 Metres (Est. True Width) Grading 20.38 gpt Gold and 24 Metres (Est. True Width) Grading 3.41 gpt Gold
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) -  Goldsource Mines Inc.(TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce drill results for the Ounce Hill Prospect at the Company's 100%-owned Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. Newly reported results are for 5 core holes totalling 260 metres (see attached Figures and Tables below) that were drilled in January 2021. These results will not be included in the pending updated mineral resource estimate.
Dec 11, 2020 08:00 am ET
Goldsource Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) -  Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 4,350,000 common shares of the Company at a price of $0.13 per share for a five year term expiring December 10, 2025. The stock options were granted to directors, officers, employees and consultants of the Company and are subject to any necessary regulatory approvals.
Dec 03, 2020 07:00 am ET
Goldsource Announces Additional Near Surface Wide Intervals of Gold Mineralization at Eagle Mountain Gold Project
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce additional expansion and in-fill drill results for the Salbora and Eagle Mountain deposits and Montgomery Prospect within the 100%-owned Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. Reported results are for 39 new diamond drill holes for 5,733 metres (see attached Figures and tables below). Over 15,000 metres of core drilling has been completed in 2020.
Nov 16, 2020 07:00 am ET
Goldsource Mines Appoints Steve Parsons As Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2020) -  Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the appointment of Steve Parsons, P. Eng, as Chief Executive Officer ("CEO") of the Company.
Oct 22, 2020 12:07 pm ET
RETRANSMISSION: Goldsource Adds Third Drill at Eagle Mountain, Expands No. 1 Hill Zone
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the deployment of a third core drill at the Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. In addition, expansion and in-fill drill results from several targets located within Eagle Mountain are presented. Expansion drill results for the No. 1 Hill zone with adjacent Baboon zone and in-fill drill results for the Eagle Mountain deposit, Kilroy zone, represent 26 core holes for 2,630 metres (see attached Figures and tables below). These new results will be included in the ongoing updated resource estimation. Over 13,000 metres of core drilling has been completed to date in 2020, albeit the suspension of activities during April and May due to Covid-19 pandemic related precautions.
Oct 22, 2020 08:00 am ET
Goldsource Adds Third Drill at Eagle Mountain, Expands No. 1 Hill Zone
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the deployment of a third core drill at the Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. In addition, expansion and in-fill drill results from several targets located within Eagle Mountain are presented. Expansion drill results for the No. 1 Hill zone with adjacent Baboon zone and in-fill drill results for the Eagle Mountain deposit, Kilroy zone, represent 26 core holes for 2,630 metres (see attached Figures and tables below). These new results will be included in the ongoing updated resource estimation. Over 13,000 metres of core drilling has been completed to date in 2020, albeit the suspension of activities during April and May due to Covid-19 pandemic related precautions.
Aug 31, 2020 01:03 pm ET
IIROC Trading Resumption - GXS
VANCOUVER, BC, Aug. 31, 2020 /CNW/ - Trading resumes in:
Aug 31, 2020 12:47 pm ET
Goldsource Confirms No Undisclosed Material Information
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - Goldsource Mines Ltd. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company"), at the request of the Market Surveillance group of the Investment Industry Regulatory Organization of Canada, advises that the Company is not aware of any material undisclosed information that may be contributing to the level of trading activity of its shares on the TSX Venture Exchange.ABOUT GOLDSOURCE MINES INC.
Aug 31, 2020 10:57 am ET
IIROC Trading Halt - GXS
VANCOUVER, BC, Aug. 31, 2020 /CNW/ - The following issues have been halted by IIROC:
Jul 29, 2020 09:00 am ET
Goldsource Announces Expansion of Eagle Mountain and Salbora Deposits
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce additional expansion and in-fill drill results from several targets located within the Eagle Mountain Gold Project ("Eagle Mountain Project") in Guyana, South America. Expansion drill results of the Eagle Mountain Gold deposit (No 1 Hill area) and Salbora deposit and in-fill drill results of the Powis Prospect represent 19 core holes for 4,173 metres (see attached Figures). These new results will be included in the ongoing resources estimation anticipated by Q4, 2020.
Jul 27, 2020 11:49 am ET
Canadian Metals & Mining Live Virtual Investor Conference July 30th and 31st
NEW YORK, July 27, 2020 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss their property positions, development schedules, market opportunity, and investment highlights. The program opens at 9:15 AM ET, with the first webcast at 9:30 AM ET on Thursday, July 30th.  
Jun 11, 2020 09:00 am ET
Goldsource Restarts Drilling at Eagle Mountain Gold Project, Guyana
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2020) -  Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce it plans to restart exploration drilling at its Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America on June 11, 2020. Work plan is based on strict COVID-19 protocols as previously announced (April 6, 2020). In addition, the Company is pleased to announce that it has engaged CSA Global Consultants Canada Ltd ("CSA Global"), an ERM Group company, to provide Goldsource with:
Apr 14, 2020 09:00 am ET
Goldsource Announces Next Discovery at Eagle Mountain, Toucan: 66.0 Metres Grading 1.35 gpt Au, 36.0 Metres Grading 2.10 gpt Au
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2020) -  Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce initial drill results from the Toucan Target ("Toucan") located within the north-south trending Salbora-Powis structural corridor (est. two kilometres in length) adjacent to the Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. Initial results represent four core holes (694 metres) which, when combined with historic data (see below), suggest that the Toucan discovery is initially 250 metres long by 20 to 40 metres wide, open along strike and to depth, and may be connected to the recently announced Powis discovery, 600 metres to the south (see attached Figures).
Apr 06, 2020 09:00 am ET
Goldsource Announces Covid-19 Protocols
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") announces protocols to minimize exposure to the novel coronavirus (the "Virus" or "COVID-19") in order to decrease risk to the company's employees, contractors, families and communities near the Eagle Mountain Gold project ("Eagle Mountain") in Guyana, South America. On April 3, 2020, the Minister of Public Health for Guyana announced new policies and guidelines for non-essential businesses, which incudes mining exploration and development. Following the policies and guidelines, relevant to the Covid-19 pandemic, by both Canadian and Guyanese authorities, the Company will temporarily suspend its drilling and exploration activities at Eagle Mountain for a period of 30 days, which may be amended. The potential risk of infection should be significantly reduced, with site personnel being security staff only. The next shift rotation at Eagle Mountain was planned for April 8th, so our temporary suspension of activities will take effect between April 5th and April 7th based on staged workers' transport from the Eagle Mounatin camp.
Mar 24, 2020 05:00 pm ET
Goldsource Closes $6.6 Million Brokered Private Placement, 80% of Over-Allotment Option Exercised
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE:G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its brokered private placement offering announced on March 4, 2020, whereby the Company issued a total of 60,026,500 units of the Company ("Units") at a price of $0.11 per Unit for gross proceeds of $6,602,915 (the "Offering"). Each Unit consisted of one common share of Goldsource ("Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.16 until September 24, 2022. The completed Offering includes exercise of the agents' over-allotment option for $1,602,909, representing approximately 80% of the over-allotment option to purchase additional Units at $0.11 per Unit.
Mar 04, 2020 07:45 am ET
Goldsource Mines Announces $5.0 Million Brokered Private Placement
Goldsource Mines Inc. (“Goldsource” or the “Company”) is pleased to announce that it has entered into an agreement with Eight Capital which will be leading a syndicate of agents (collectively, the “Agents”) in connection with a private placement of...
Feb 05, 2020 09:00 am ET
Goldsource Announces New Discovery at Powis Target: 10.5 Metres Grading 9.94 gpt Gold
Yannis Tsitos, President, commented, "Since the discovery and delineation of the Salbora deposit, the Company been focused on comparing IP anomalies with historic exploration results to priorize our drill targets. This compilation has led us to the new discovery at Powis with a drill hole intercept of 10.5 metres grading 9.94 grams per tonne (gpt) gold (Au). Powis is 600 metres along strike from the Toucan Target ("Toucan") with an historic adit grading 18.5 gpt gold over a 23 metre length (in-vein). Our goal during Q1, 2020 is to further expand on these initial positive results from the Powis and complete initial drilling at Toucan. By March, we will have 3 drill rigs operating at Eagle Mountain for both in-fill drilling of deposits and potential expansion of new discoveries."
Jan 17, 2020 09:00 am ET
Goldsource Provides 2019 Highlights and 2020 Outlook
Yannis Tsitos, President, stated: "Based on the new Salbora Discovery, 2019 was a great year for Goldsource. Core drilling to date makes the Salbora deposit the highest grade, near-surface gold mineralization on the Eagle Mountain property. The weighted average grade at Salbora is 2.58 grams per tonne gold ("g/t"), which includes discovery hole EMD18-053 with 69 metres of 6.52 g/t gold (40 metres of true width). Salbora is a significant complement to the nearby Eagle Mountain deposit (please see news releases dated Jan 23rd 2019 and Nov 13th, 2019). Goldsource's teams in both Guyana and Canada are working hard to enhance and de-risk Eagle Mountain. Important milestones for this year will include a new resource estimate which is to be the foundation in advancing the ongoing Pre-Feasibility Study ("PFS")."
Jan 14, 2020 08:30 am ET
Goldsource Mines Inc. Invites You to Join Us at the Vancouver Resource Investment Conference
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Goldsource Mines Inc. (TSXV: GXS) would like to cordially invite you to visit us at Booth #801 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2020.
Dec 24, 2019 01:05 pm ET
Goldsource Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") announces the grant of stock options to directors, officers, employees and consultants exercisable for 4,000,000 common shares of the Company at a price of $0.06 per share for a five year term expiring December 23, 2024. A 12-month vesting schedule will apply to stock options exercisable for 150,000 common shares pursuant to which 25% of the options shall vest on March 23, 2020 and a further 25% shall vest every 3 months thereafter until fully vested.
Nov 19, 2019 09:00 am ET
Goldsource Mines Appoints Drew Anwyll to Board
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the appointment of Drew Anwyll, P.Eng, to the Board of Directors of the Company, effective November 18, 2019.
Nov 13, 2019 08:00 am ET
Goldsource Announces Salbora High-Grade Expansion;
Noteworthy drill results in this news release are:
Sep 26, 2019 05:01 pm ET
Goldsource Mines Inc. Begins Trading on the OTCQB(R) Market
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) ("Goldsource" or the "Company") is pleased to announce it has qualified for trading on the OTCQB®, operated by OTC Markets Group, under its existing ticker symbol "GXSFF" and will commence trading on Friday, September 27, 2019.
Aug 28, 2019 08:00 am ET
Goldsource Announces Initial Geophysical Survey Results and Provides Drilling Update for Salbora
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce initial geophysical survey and drilling results for the Salbora discovery ("Salbora") and surrounding area located approximately 1.5 kilometres northwest of the main Eagle Mountain Gold Project in Guyana, South America. In summary, the results of the initial ground geophysical survey (induced polarization ("IP"), resistivity and magnetics) have outlined the presence of at least five sulphide-rich target areas with a cumulative strike length of approximately four kilometres (see attached Figures). Salbora is located within an estimated 600 metre long by 100 metre wide sulphide-rich geophysical anomaly trending northwest to north. Additional drill results combined with the geophysical anomaly for the Salbora area show an expansion of gold mineralization of approximately 200 metres to the northwest of the discovery hole EMD18-053 (40 metres true width grading 6.52 grams per tonne ("gpt") gold ("Au")), then dissipating into narrow gold intervals towards that direction. Step-out drilling along the northwest bearing structural trend beyond Salbora was generally negative in lower sulphide anomaly areas. However, the north to south bearing structural trend with sulphide anomalies has yet to be tested. Step-out drilling on the southern portion of Salbora is currently ongoing. Drilling of a newly defined sulphide-rich geophysical target, Apollo, located approximately 700 metres northwest of Salbora (see attached Figures) showed sulphides in a lithology-controlled horizon, potentially alteration related, with generally minor gold results to date, pending further results.
Jun 14, 2019 09:46 am ET
Goldsource Mines Reports 2019 AGM Voting Results and Stock Option Grants
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2019) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") reports on the following matters:
May 21, 2019 09:00 am ET
Goldsource Announces Exploration Update at Salbora Discovery and Positive Airborne Geophysics
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2019) -  Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to provide an exploration update for the high-grade Salbora discovery ("Salbora"), which includes the results from the reprocessing and re-interpretation of the 2007 airborne magnetic and radiometric surveys. Also, a second diamond drill conractor is being mobilized to increase drilling at Salbora, located approximately 1.5 kilometres northwest of the main Eagle Mountain Gold Project deposit ("Eagle Mountain" or "Project").
Apr 11, 2019 01:21 pm ET
Goldsource Closes $7,479,600 Brokered Private Placement, Agents' Option Exercised in Full
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2019) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its brokered private placement offering announced on March 12, 2019, whereby the Company issued a total of 62,330,000 units of the Company ("Units") at a price of $0.12 per Unit for gross proceeds of $7,479,600 (the "Offering"). Each Unit consisted of one common share of Goldsource ("Common Shares") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.20 until April 11, 2021. The completed Offering includes exercise in full of the agents' 15% option to purchase additional Units at $0.12 per Unit.
Mar 12, 2019 08:00 am ET
Goldsource Mines Announces Cdn$5.0 Million Brokered Private Placement
Goldsource Mines Inc. (“Goldsource” or the “Company”) is pleased to announce that it has entered into an agreement with PI Financial Corp. which will be leading a syndicate of agents (collectively, the “Agents”) in connection with a private...
Mar 06, 2019 08:00 am ET
Goldsource Expands Salbora Discovery; 49.5 Metres (31.8 Metres Est. True Width) Grading 2.90 g/t Au 39.0 Metres (25.0 Metres Est. True Width) Grading 2.78 g/t Au
Yannis Tsitos, President, commented, "Follow up diamond drilling shows the potential to delineate a near surface high-grade gold deposit in the Salbora area. This discovery has the potential to expand and complement the current Eagle Mountain resource. It is early days and we are just beginning to develop our understanding of the potential of Salbora. The grade and potential size of this new area has the possibility of being transformative for Goldsource. The Company is currently completing step out diamond core drilling at approximately 100 metre centres along the suggested strike of Salbora. This work will further test continuity of high-grade mineralization and increase our understanding of the overall grade and size of this discovery."
Feb 11, 2019 02:13 pm ET
Report of Disposition of Beneficial Ownership of Common Shares of Goldsource Mines Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2019) - Donald Smith Value Fund, L.P. (the "Fund") reports that it has disposed of deemed beneficial ownership and control of 5,882,253 common shares ("Common Shares") of Goldsource Mines Inc. ("Goldsource") through the expiry on February 8, 2019 of unexercised warrants for the purchase of the same number of Common Shares.
Jan 25, 2019 09:00 am ET
Goldsource Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2019) -  Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M)("Goldsource" or the "Company") announces the grant of stock options to directors, officers, employees and consultants exercisable for 3,400,000 common shares of the Company at a price of $0.13 per share for a five year term expiring January 24, 2024. A 12-month vesting schedule will apply to stock options exercisable for 150,000 common shares pursuant to which 25% of the options shall vest on April 25, 2019 and a further 25% shall vest every 3 months thereafter until fully vested.
Jan 23, 2019 09:00 am ET
Goldsource Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to report a new high-grade discovery from the first two diamond core hole results based on the ongoing exploration program at the Salbora target ("Salbora"), Eagle Mountain Gold Project ("Eagle Mountain" or "Project") in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain.
Jan 17, 2019 04:00 pm ET
Goldsource Closes $1.3 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2019) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its previously announced non-brokered private placement whereby the Company issued a total of 26,000,000 units of the Company ("Units") at a price of Cdn$0.05 per Unit for gross proceeds of Cdn$1,300,000. Each Unit consisted of one common share and one common share purchase warrant of Goldsource. Each warrant is exercisable to acquire one common share of Goldsource at an exercise price of Cdn$0.09 until January 17, 2021.
Jan 14, 2019 08:26 am ET
Goldsource Mines Inc. Exhibiting at Booth 635, Vancouver Resource Investment Conference, Jan 20-21, 2019
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTC: GXSFF) would like to cordially invite you to visit us at Booth #635 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 20 - Monday January 21, 2019.
Jan 10, 2019 01:38 pm ET
Goldsource Mines Announces Increased Private Placement of up to Cdn$1.3 Million
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2019) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce that, due to demand from potential investors, its non-brokered private placement announced on December 4, 2018 has been increased by Cdn$300,000 (or 6,000,000 Units) to up to 26,000,000 Units at a price of Cdn$0.05 per Unit for gross proceeds of up to Cdn$1,300,000 (the "Offering"). Each Unit will consist of one common share and one common share purchase warrant of Goldsource, with each warrant being exercisable for one common share of Goldsource at a price of Cdn$0.09 for a term of 2 years.
Dec 04, 2018 09:00 am ET
Goldsource Mines Announces Private Placement of up to Cdn$1.0 Million
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2018) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") announces that it has arranged a non-brokered private placement for up to Cdn$1,000,000 comprised of up to 20,000,000 units at a price of Cdn$0.05 per unit (the "Offering"). Each unit will consist of one common share and one common share purchase warrant of Goldsource, with each warrant being exercisable for one common share of Goldsource at a price of Cdn$0.09 for a term of 2 years.
Sep 13, 2018 09:00 am ET
Goldsource Announces High Metallurgical Recoveries for Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to report high metallurgical recoveries and positive grinding cost-benefit analysis at its 100%-owned Eagle Mountain Gold Project ("Eagle Mountain") in Guyana, South America. The metallurgical results show an average gold recovery of 96.7%, of which 24.4% of the recovery was from gravity tests and the remaining recovery was through cyanidation. The metallurgical testwork was conducted by SGS Canada Inc. at Lakefield, Ontario ("SGS Lakefield") under the supervision of Tetra Tech Inc. ("Tetra Tech"). The Company has retained the services of Tetra Tech, an independent Vancouver based company to complete a PreFeasibility Study ("PFS") for a potential large-scale open pit, gravity-cyanidation operation at Eagle Mountain.
Aug 13, 2018 09:05 am ET
Report of Acquisition of Beneficial Ownership of Common Shares of Goldsource Mines Inc.
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2018) - Donald Smith Value Fund, L.P. (the "Fund") reports that it has acquired deemed beneficial ownership and control of 10,230,000 common shares ("Common Shares") of Goldsource Mines Inc. ("Goldsource") through the private placement purchase on August 10, 2018 of 6,820,000 units of Goldsource ("Units") at Cdn.$0.055 per Unit for total consideration paid of Cdn.$375,100. Each Unit consisted of one Common Share and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"), with each Warrant being exercisable to purchase one Common Share at Cdn.$0.09 until August 10, 2020 (the "Private Placement").
Aug 13, 2018 09:00 am ET
Goldsource Closes $1.0 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2018) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its previously announced non‑brokered private placement whereby the Company issued a total of 18,294,544 units of the Company ("Units") at a price of Cdn$0.055 per Unit for gross proceeds of Cdn$1,006,200. Each Unit consisted of one common share and one-half of one common share purchase warrant of Goldsource. Each whole warrant is exercisable to acquire one common share of Goldsource at an exercise price of Cdn$0.09 until August 10, 2020.
Jul 18, 2018 09:00 am ET
Goldsource Mines AnnouncesPrivate Placement of up to Cdn$1.0 Million
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTC: GXSFF) ("Goldsource" or the "Company") announces that it has arranged a non‑brokered private placement for up to Cdn$1,000,000, comprised of up to 18,181,819 units at a price of Cdn$0.055 per unit (the "Offering"). Each unit will consist of one common share and one-half of one common share purchase warrant of Goldsource, with each whole warrant being exercisable for one common share of Goldsource at a price of Cdn$0.09 for a term of two (2) years.
Jul 12, 2018 03:11 pm ET
Goldsource Reports High-Grade Results from Salbora and Initial Results from Bishop Growler; 2.0 metres Grading 87.51 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to report additional results from the ongoing exploration program at the Salbora target and initial results for the Bishop Growler target at its Eagle Mountain Gold Project in Guyana (see attached Figures). The Company has received assay results from shallow auger drilling completed at Salbora, which is located approximately 1.5 kilometres northwest of the Eagle Mountain deposit. Results from the first 14 auger holes drilled in Salbora returned gold mineralization in four holes (AS18-136 to 139) with an average length and grade of 4.0 metres at 1.20 g/t gold from surface (see tables below). All holes bottom in mineralized saprolite. At Bishop Growler, the Company has received results from 28 shallow holes completed by the Geoprobe drill and 124 auger shallow holes. The most significant holes were EMC18-066 with 2.0 metres grading 87.51 g/t gold and EMC18-085 with 1.0 metre grading 13.60 g/t gold. Both holes intercepted near surface high-grade gold mineralization in saprolite. In-fill drilling at the main Eagle Mountain Deposit intercepted high-grade mineralization in several holes (see tables below).
May 24, 2018 09:00 am ET
Goldsource Announces Discovery and Additional Exploration Results at Eagle Mountain; 123 metres Grading 1.92 gpt Au
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") announces a new discovery and further positive results on its ongoing saprolite exploration program at its 100% owned Eagle Mountain Gold Project ("Eagle Mountain" or the "Project") in Guyana, South America. This new discovery, "Salbora" area, is approximately 1.5 kilometres northwest of the Eagle Mountain deposit (see attached Figures). Through diamond drilling, the Company has also received positive results on a previously announced expansion target, "Friendly" area, located at the northern edge of the Eagle Mountain deposit (refer to the Company's news release dated August 28, 2017). In addition to expansion drilling, the Company is conducting in-fill drilling, geotechnical evaluation of potential tailings storage areas, and metallurgical test work in order to update its resource estimate for the ongoing Pre-Feasibility Study ("PFS") in the second half of 2018. Goldsource has retained the services of Tetra Tech Canada Inc., an independent Vancouver based company to complete a PFS for a potential large-scale open pit, gravity-cyanidation operation at Eagle Mountain.
May 17, 2018 09:00 am ET
Goldsource Announces High Metallurgical Test Recoveries at Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FSE: G5M) (“Goldsource” or the “Company”) announces positive metallurgical test results on its ongoing saprolite expansion program, at its 100%-owned Eagle Mountain Gold Project (“Eagle Mountain”) in Guyana, South America. In addition to ongoing drilling and trenching at Eagle Mountain, the Company is progressing on metallurgical test work including grinding cost-benefit analysis studies.  Yannis Tsitos, President, commented, “We are pleased with the positive metallurgical test results received to date from saprolite bulk sampling that was completed in late 2017. Gravity and cyanidation metallurgical results show average total gold recoveries of 97.3%. Our next phase of testing will focus on material grind size versus gold recovery to determine optimum criteria to be used in the ongoing Pre-Feasibility Study. Expansion and infill drilling continues at Eagle Mountain with the next results being compiled and released within the next 10 days.”The Company’s metallurgical testing is being completed at SGS Canada Inc. at Lakefield, Ontario for the ongoing Pre-Feasibility Study (“PFS”). Twenty-four (24) representative bulk samples, totaling 500 kilograms, were collected at Eagle Mountain in late 2017. The laboratory head assays show sample grades ranging from 0.39 to 1.29 gpt gold (average of 0.98 gpt) for the drill core samples, 0.77 gpt gold for the existing gravity tailings and 1.99 gpt gold for the stockpiled coarse materials (+2 mm).
Apr 05, 2018 08:30 am ET
Goldsource Options Strategic Land Position in Guyana
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce that on March 29, 2018, the Company, through its subsidiary and with its local joint venture partner in Guyana, Kilroy Mining Inc., executed a definitive agreement with a local Guyanese individual (the "Owner") for the option to explore and purchase a 100% interest in the Bishop Growler Property ("Bishop Growler" or the "Property").
Mar 02, 2018 09:00 am ET
Goldsource Mines to Present at Guyana Mining Day PDAC Conference 2018, Toronto
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") will be attending the 2018 Prospectors and Developers Association of Canada ("PDAC") international convention and Investors Exchange in Toronto on March 4-7, 2018.
Feb 01, 2018 09:00 am ET
Goldsource Announces Option to Purchase Strategic Land Position; Provides Corporate Update and Grants Options
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2018) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce that through its local joint venture partner, Kilroy Mining Inc. ("Kilroy"), it has entered into an option agreement to acquire a 100% interest in a property ("Bishop Growler" or the "Property") located along the projected mineralized trend three (3) kilometres from the Company's 100% owned Eagle Mountain Gold Project ("Eagle Mountain" or the "Project") in Guyana, South America. The Company has also appointed an Executive Chair and granted stock options.
Jan 19, 2018 09:00 am ET
Goldsource Closes $1.8 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2018) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its previously announced non‑brokered private placement whereby the Company issued a total of 36,418,000 units of the Company ("Units") at a price of $0.05 per Unit for gross proceeds of $1,820,900. Each Unit consisted of one common share of Goldsource and one common share purchase warrant. Each warrant is exercisable to acquire one common share of Goldsource at an exercise price of $0.10 until January 18, 2020.
Jan 15, 2018 07:25 pm ET
Goldsource Mines Provides Private Placement Update
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2018) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) (the "Company") is pleased to announce that its private placement for $1.0 million announced on December 18, 2017 and increased to $1.8 million as announced on January 5, 2018 has been oversubscribed.  As a result, the Company has received conditional TSX Venture Exchange approval for a private placement of a total of 36,418,000 units, which is now expected to close on January 18, 2018.  The terms of the private placement remain otherwise unchanged."
Jan 05, 2018 03:08 pm ET
Goldsource Mines Announces Increased Private Placement up to $1.8 Million
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2018) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) (the "Company") is pleased to announce that, due to demand from potential investors, its non‑brokered private placement announced on December 18, 2017 has been increased by $800,000 (or 16,000,000 Units) to up to 36,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $1,800,000 (the "Offering"). The Company may pay a 6% finders' fee on part of the Offering. The terms of the Offering and the Units and the proposed use of proceeds are otherwise as previously disclosed.
Dec 18, 2017 09:00 am ET
Goldsource Mines Announces Private Placement of up to Cdn$1.0 Million
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2017) - Goldsource Mines Inc.  (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") announces that it has arranged a non‑brokered private placement for up to Cdn$1,000,000 comprised of up to 20,000,000 units at a price of Cdn$0.05 per unit (the "Offering"). Each unit will consist of one common share and one common share purchase warrant of Goldsource, with each warrant being exercisable for one common share of Goldsource at a price of Cdn$0.10 for a term of 2 years.
Nov 16, 2017 09:00 am ET
Goldsource Continues to Expand Eagle Mountain Mineralized Saprolite
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") announces further positive results on its ongoing saprolite expansion and in-fill drilling program, at its 100% owned Eagle Mountain Gold Project ("Eagle Mountain" or the "Project") in Guyana, South America. In addition to both core and auger drilling (see attached Figures), the Company is progressing on metallurgical test work (see attached Figure) and grinding cost-benefit analysis studies at Eagle Mountain. Goldsource is conducting these studies with the assistance of Tetra Tech Canada Inc. ("Tetra Tech"), a Vancouver based company retained by Goldsource (see May 31, 2017 news release) to complete an independent Pre-Feasibility Study ("PFS") for a potential large-scale open pit, gravity-cyanidation operation at Eagle Mountain.
Dec 14, 2016 05:00 pm ET
Goldsource Provides Corporate Update
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Dec 14, 2016 05:00 pm ET
Goldsource Provides Corporate Update
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Oct 13, 2016 10:00 am ET
Goldsource Reports Production Results for Q3 2016
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Oct 13, 2016 10:00 am ET
Goldsource Reports Production Results for Q3 2016
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Aug 25, 2016 06:00 pm ET
Goldsource Revises 2016 Production Guidance
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)                                                      
Aug 25, 2016 06:00 pm ET
Goldsource Revises 2016 Production Guidance
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)                                                      
Aug 17, 2016 12:21 am ET
Aug 17, 2016 12:21 am ET
Jul 11, 2016 09:00 am ET
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Jun 23, 2016 08:10 pm ET
Goldsource Reports Results of AGM
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Jun 23, 2016 08:10 pm ET
Goldsource Reports Results of AGM
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Jun 21, 2016 09:00 am ET
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Apr 20, 2016 09:00 am ET
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Apr 18, 2016 09:00 am ET
Apr 18, 2016 09:00 am ET
Mar 07, 2016 09:00 am ET
Goldsource Announces First Gold Pour At Eagle Mountain
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M) 
Mar 07, 2016 09:00 am ET
Goldsource Announces First Gold Pour At Eagle Mountain
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M) 
Feb 10, 2016 09:00 am ET
Goldsource Mines Talks About Its Guyana Gold Project at Vancouver Resource Investment Conference 2016
Investorideas.com, a digital global news source covering leading sectors including mining, stocks issues and video coverage from the recent Vancouver Resource Investment Conference (January 24-25, 2016), featuring a presentation and commentary about...
Feb 02, 2016 12:06 pm ET
Goldsource Announces Grant of Stock Options
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)                                                                    
Feb 02, 2016 12:06 pm ET
Goldsource Announces Grant of Stock Options
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)                                                                    
Jan 28, 2016 08:00 am ET
Goldsource Begins Commissioning of Eagle Mountain Mine
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)       
Jan 28, 2016 08:00 am ET
Goldsource Begins Commissioning of Eagle Mountain Mine
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)