Goldsource Mines Inc.

Goldsource Mines Inc. is a Canadian resource company that is currently in the Proof of Concept Phase at its 100%-owned Gold Project, located in Guyana

Recent News

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:2019 AGMAt the Company's AGM held on May 30, 2019, shareholders re-elected N. Eric Fier, Haytham H. Hodaly, Graham C. Thody and Ioannis Tsitos as directors of the Company, re-appointed Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company, and approved the renewal of the Company's "rolling...

2019-06-14 9:46 AM EDT

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...

2019-05-21 9:00 AM EDT

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...

2019-04-11 1:21 PM EDT

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

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce an expansion of the high-grade Salbora discovery ("Salbora") from new diamond drilling at the Eagle Mountain Gold Project ("Eagle Mountain" or "Project") in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain. Results from four (4) additional core holes show expansion of near surface...

2019-03-06 8:00 AM EST

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...

2019-01-25 9:00 AM EST

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.The Company's first...

2019-01-23 9:00 AM EST

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...

2019-01-17 4:00 PM EST

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...

2019-01-10 1:38 PM EST

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...

2018-12-04 9:00 AM EST

Goldsource Expands Salbora Discovery at Eagle Mountain;

AuVancouver, British Columbia--(Newsfile Corp. - October 25, 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 at its Eagle Mountain Gold Project in Guyana (see attached Figures). The Company has received assay results from additional shallow auger drilling, deeper Geoprobe sonic drilling and additional trenching completed at Salbora, which is...

2018-10-25 8:00 AM EDT

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...

2018-09-13 9:00 AM EDT

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....

2018-08-13 9:00 AM EDT

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...

2018-07-18 9:00 AM EDT

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)....

2018-05-24 9:00 AM EDT

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...

2018-05-17 9:00 AM EDT

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...

2018-04-05 8:30 AM EDT

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.The Company will be exhibiting at Booth #2449 on the Investors Exchange floor at the Metro Toronto Convention Centre ("MTCC") from 10:00 am to 5:00 pm each day. We would like to...

2018-03-02 9:00 AM EST

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...

2018-02-01 9:00 AM EST

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...

2018-01-19 9:00 AM EST

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,...

2018-01-15 7:25 PM EST

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