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...
2018-01-05 3:08 PM EST
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...
2017-12-18 9:00 AM EST
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...
2017-11-16 9:00 AM EST
Goldsource Begins to Expand Mineralized Saprolite at Eagle Mountain; Intercepts 19 Metres Grading 3.0 gpt Au
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") announces initial results on its ongoing saprolite drilling program, previously announced on May 2, 2017, 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 completing geotechnical, metallurgical and...
2017-08-28 8:30 AM EDT
Goldsource Engages Primoris Group for Media Relations
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTC: GXSFF) (FSE: G5M) ("Goldsource" or the "Company") is pleased to announce that it has renewed its agreement with Primoris Group Inc. ("Primoris") of Toronto, Ontario to provide media relations services to the Company. As such, Primoris will facilitate editorial coverage through print, radio, TV, and/or online media outlets. Under the terms of the Company's latest agreement, which commenced...
2017-06-21 1:01 PM EDT
Goldsource Initiates Pre-Feasibility Study on Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) (“Goldsource” or the “Company”) is pleased to announce that it has retained Tetra Tech Canada Inc. (“Tetra Tech”) of Vancouver, BC to complete an independent Pre-Feasibility Study (“PFS”) for a large-scale (4,000 to 5,000 tonnes per day) open pit, gravity-cyanidation operation at its Eagle Mountain Gold Project (“Eagle Mountain”) in Guyana, South America. Ioannis Tsitos,...
2017-05-31 9:00 AM EDT
RETRANSMISSION: Goldsource Provides Update on Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to provide an update on the operations and exploration activities at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana, South America. Ioannis Tsitos, President, commented, "The Company's overall objective for Eagle Mountain is to generate qualified information to support a low cost, large-scale, 4,000 to 5,000...
2017-05-02 11:13 AM EDT
Goldsource Provides Update on Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to provide an update on the operations and exploration activities at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana, South America. Ioannis Tsitos, President, commented, "The Company's overall objective for Eagle Mountain is to generate qualified information to support a low cost, large-scale, 4,000 to 5,000...
2017-05-02 6:00 AM EDT
Goldsource Mines Appoints Haytham Hodaly to Board
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the appointment of Mr. Haytham Hodaly to the Board of Directors of the Company, effective March 28, 2017. Mr. Hodaly is an engineer with a B.A.Sc. in Mining and Mineral Processing Engineering and a Master of Engineering, specializing in Mineral Economics. Mr. Hodaly is currently Senior Vice President, Corporate...
2017-03-29 9:00 AM EDT
Goldsource Provides Update on Eagle Mountain
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to provide an update on the operations at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana, South America. With the closing of the C$4.46 million private placement (see February 9, 2017 news release) and the subsequent repayment of the US$1.3 million Mitan loan (see February 15, 2017 news release), the...
2017-03-06 9:00 AM EST
CORRECTION FROM SOURCE: Goldsource Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - This document corrects and replaces the press release that was issued by Goldsource Mines Inc. today, February 27, 2017 at 9:00 AM EST. Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") The Company announces the grant of stock options to directors, officers, employees and consultants exercisable for 1,750,000 common shares of the Company at a price of $0.17 per share for a five year term expiring...
2017-02-27 9:26 AM EST
Goldsource Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") The Company announces the grant of stock options to employees and consultants exercisable for 2,000,000 common shares of the Company at a price of $0.17 per share for a five year term expiring February 21, 2021. Of the stock options granted, 150,000 will be subject to a 12month vesting schedule pursuant to which 25% shall vest on May 21, 2017 and...
2017-02-27 9:01 AM EST
Goldsource Mines Announces Full Repayment of US$1.3 Million Loan
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2017) - Goldsource Mines Inc. (TSXV: GXS) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce that it has fully repaid all amounts owing under a U.S.$1.3 million loan from Mitan Holdings Ltd. (see December 14, 2016 news release) from the proceeds of its recently completed Cdn.$4.46 million private placement and general working capital. As a result, the Company now has no debt other than usual trade payables. The...
2017-02-15 9:00 AM EST
Goldsource Mines Completes Private Placement of $4.46 Million
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2017) - Goldsource Mines Inc. (TSXV: GXS) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce the completion of its non‑brokered private placement announced on January 16 and 31, 2017. The Company issued 26,233,450 units ("Unit") at a price of $0.17 per Unit for gross proceeds of $4,459,686. Each Unit consisted of one common share and one common share purchase warrant of Goldsource, with each warrant being exercisable...
2017-02-09 9:00 AM EST
Goldsource Mines Announces Increased Private Placement to up to $4.46 Million
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2017) - Goldsource Mines Inc. (TSXV: GXS) (FWB: G5M) (the "Company") is pleased to announce that, due to demand from potential investors, its nonbrokered private placement announced on January 16, 2017 has been increased by $1.91 million (or 11,233,450 Units) to up to 26,233,450 Units at a price of $0.17 per Unit for gross proceeds of up to $4,459,686 (the "Offering"). The Company may pay a 6% finders' fee on part of the Offering. The...
2017-01-31 9:00 AM EST
Goldsource Mines Announces Private Placement of up to Cdn$2.55 Million
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2017) - Goldsource Mines Inc. (TSXV: GXS) (FWB: G5M) ("Goldsource" or the "Company") announces that it has arranged a non‑brokered private placement for up to Cdn$2,550,000 comprised of up to 15,000,000 units at a price of Cdn$0.17 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...
2017-01-16 9:00 AM EST
Goldsource Provides Q4 2016 Production Results; Plans for 2017
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2017) - Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") announces the fourth quarter ("Q4") and annual production results for the year ending December 31, 2016 and development plans for 2017 at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana, South America. Eagle Mountain Production Highlights Q4, 2016 vs Q3, 2016Processed 39,513 tonnes; 13% increase.Average throughput of...
2017-01-09 9:00 AM EST