Goldsource Drills 126.5 Metre Coal Zone Intercept, Completes Winter Program
Goldsource Mines Inc. is pleased to report that it has completed drilling 27 core holes for the winter 2009-10 exploration program at its wholly-owned Border Project (”Border”) located near Hudson Bay, Saskatchewan, Canada which encountered several thick coal zones including 126.5 metres in the Niska 107 deposit. Drilling to date has discovered 17 coal deposits at Border with good potential for additional coal discoveries (see attached map: http://media3.marketwire.com/docs/gs.jpg). The winter program also included 5 drill holes on the Ballantyne property as well as 8 holes on the Company’s quarry claims in Manitoba.
Current coal resources at Border, as established in the Company’s NI 43-101 “Technical Report on the Border Coal Property, Resource Estimation” prepared by Moose Mountain Technical Services dated December 24, 2009 and available at www.sedar.com, include: Read more
