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Goldsource Mines Inc.
Summary
| Project: | Eagle Mountain | |
|---|---|---|
| Deposit: | Eagle Mountain | |
| Location: | Guyana | |
| Commodities: | Gold | |
| Date: | 5/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-5-2020: Goldsource Mines Inc. announces an Exploration/Drilling Update report for its Eagle Mountain deposit at the Eagle Mountain project. Drilling results incl. 27m @ 1.72g/t Au from 121.5m. Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Eric Fier (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce additional drill results from the Friendly prospect ("Friendly") located immediately north of the Eagle MountainGold Project ("Eagle Mountain") inGuyana, South America. Results announced today represent 10 core holes over 2,065 metres. Combined with previous drilling byGoldsource and historic drilling totalling 17 core holes (1,670 metres) at the Friendy prospect, this suggests potential for an initial strike of 250 metres long by 500 metres wide which includes numerous near vertical, closely-spaced, and parallel gold mineralized structures. The prospect remains open along strike, to depth, and appears be connected to the Bottle Bank area, located 500 metres to the south, which is part of Eagle Mountain (see attached Figures). Yannis Tsitos, President, commented, "The expansion of the Friendly prospect was the result of management's focus to identify new resource targets near Eagle Mountain using a compilation of previous drill results and recent geophysical surveys. Friendly is conveniently located near Eagle Mountain and it represents another potential source of both saprolite and hard rock mineralized material. | |
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