Goldsource Mines Inc (STU:G5MA)

€ 0.482 0 (0%) Market Cap: 28.84 Mil Enterprise Value: 28.46 Mil PE Ratio: 0 PB Ratio: 6.23 GF Score: 34/100

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Goldsource Mines Inc Ioanni (Yannis) Tsitos Talk Transcript

Mar 02, 2020 / NTS GMT

Release Date Price: €0.665 (+24.30%)

Transcript

Ioannis Tsitos

Goldsource Mines Inc. - President & Director

Yes, yes, yes. So our flagship project is called Eagle Mountain Gold Project, and it is located in British Guyana in Republic of Guyana in South America. Eagle Mountain is a gold project where the mineralization starts from surface from saprolite effectively the oxidization part of the deposit to the hard rock. And we've got a compliant resource of close to a million ounces at 1.3 grams per tonne.

But in the last year, we had two major discoveries in the vicinity of Eagle Mountain at about 1.7 kilometers away from the main deposit and they come with much better grade, and they have given a new life into this project. So we are in the pre-feasibility study stage where we tried to expand the resources and bring it into compliance within the year.

The company has a fantastic investment proposition for a few reasons. Number one, we are a group of people that have been in this industry for more than 30 years. Eric Fier, our CEO and Executive Chairman, as the President of SilverCrest metals, is one of the best mining engineers

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