Goldsource Mines Inc. announced today that it plans to restart exploration at its Eagle Mountain Gold Project (“Eagle Mountain”) in Guyana. The company noted that its work plan is based on strict COVID-19 protocols while noting that it has engaged CSA Global Consultants Canada Ltd to provide an independent assessment and gap analysis of geology and gold mineralization to guide the Company’s current drill programme.

President of Goldsource, Yannis Tsitos, was keen to note that he and his team are looking forward to safely resuming drilling operations for resource expansion and conversion at Eagle Mountain. In the last 36 months, he said that the company has drilled in excess of 25,000 metres at Eagle Mountain, resulting in the recent discoveries at its Salbora, Powis, Toucan and Friendly prospects.

With respect to restarting drilling operations at Eagle Mountain, Tsitos said that the company will run one internal core rig to initially test up to 3,000 metres of the southern part of the Friendly prospect adjacent to the Eagle Mountain Gold deposit, as well as several targets located along the north-south structural zone.

In the first week of July, it will re-commence an externally operated core drill to initially test 2,500 metres on targets north of the Salbora discovery, including Waterline and Montgomery; and once international restrictions on air travel are lifted, it will initiate in-fill core drilling at Salbora and Eagle Mountain main deposit with another external contractor using a man-portable rig.

Goldsource Mines Inc. is a Canadian resource company that works aggressively to develop its advanced-stage, 100%-owned Eagle Mountain saprolite and hard-rock gold project in Guyana. From 2016 to 2017, through a gravity pilot plant initiative, the company completed testing on gravity-only gold production and both dry and wet mining open-pit techniques.


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