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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

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  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: Goldsource Reports New 23–50 Metre Coal Intercepts; 15 Coal Deposits Identified

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Goldsource Reports New 23–50 Metre Coal Intercepts; 15 Coal Deposits Identified

posted on Sep 02, 09 11:23AM

Other aspects of Goldsource that should be attractive to investors:

* Undiluted stock, with 19 million shares out.
* Cash in the bank:
The company raised $18 million when the market cap was higher.
* Management:
The management team is in the process of putting a gold-silver mine into production in Mexico (SilverCrest Mines). They know what they're doing. We've watched them raise funds favorably on more than one occasion. They follow through.
* Excellent infrastructure:
Deposit adjacent to railway, highway and service communities.
* Government support:
We have spoken with the mayor of the nearby town of Hudson Bay. She was effusive about the project.
* Aggressive exploration:
The company planned $5 - $6M winter drill hole program (commenced Q1-2009) - COMPLETE; Targeting 2009 NI 43-101 Technical Report and preliminary scoping study.
* Room for expansion:
The project is less than 10% explored; the company has consistently expanded the resource since discovery & owns more land in the region.

http://www.goldsourcemines.com/


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Sep 02, 09 11:27AM

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