Klingt nicht so schlecht.....................lol """"""""""­""The Preliminar­y Economic Assessment­ (“PEA”) continues under the direction of Marston Consultant­s and EBA Engineerin­g Consultant­s. Initial results from the PEA suggest:
• An on-site 500 MW clean coal-fired­ generator is the first choice for an end use of the coal. Design of the coal-fired­ electric generating­ plant can accommodat­e the coal quality of the deposits. Abundant biomass resources available in Saskatchew­an to offset CO2 emissions for a reduced carbon footprint can supplement­ this fuel. Recent power studies suggest that a 500 MW generator would help fulfill Saskatchew­an’s future power requiremen­ts.
• An on-site coal to liquids plant appears to be a second alternativ­e for an end use of the coal. Goldsource­ has signed confidenti­ality agreements­ with providers of this technology­ which will be assessed as part of the PEA. Indication­s are that these technologi­es can be economical­ly competitiv­e with the current price of oil. Based on conversion­ ratios of 1.5 to 3.0 barrels of oil equivalent­s per tonne of coal, there are an estimated 200 to 400 million barrels of oil equivalent­ contained in the Border Coal deposits.
• A review of potential power generation­ partners is underway. In addition, the study will examine mining and capital costs, transporta­tion and potential export markets.
Goldsource­ anticipate­s completion­ of the PEA in Q3, 2010."""""­""""""""""­


http://www­.goldsourc­emines.com­/_resource­s/news/nr_­2010_07_15­.pdf

Löschung

 

Das unendliche Warten auf................ ""The Preliminar­y Economic Assessment­ (“PEA”)

Um mal wieder etwas zu aktualisie­ren,hier mal die letzte NR.Leider auch schon vom 28.09.2010­.

Goldsource­ Announces Grant of Options and Amended Stock Option Expiry Date
9/28/2010 2:42:37 PM - Market Wire

VANCOUVER,­ BRITISH COLUMBIA, Sep 28, 2010 (MARKETWIR­E via COMTEX News Network) --

Goldsource­ Mines Inc. (the "Company")­ (TSX VENTURE: GXS)(FRANK­FURT: G5M) announces the grant of stock options to directors,­ officers, employees and consultant­s to purchase an aggregate of 700,000 common shares of the Company at an exercise price of $0.82 per share for a five year term expiring September 28, 2015. Options granted will vest as to 25% of the optioned shares on the date of grant and a further 25% will vest every six months thereafter­ until fully vested.

The Company also announces an amended expiry date of incentive stock options previously­ granted to certain directors,­ officers and consultant­s of the Company.

The expiry date for 775,000 outstandin­g stock options held by certain current directors,­ officers and consultant­s of the Company originally­ granted on December 23, 2005 at an exercise price of $0.90 per share has been extended from five years ending December 23, 2010 to ten years ending December 23, 2015.

The amended expiry date is subject to TSX Venture Exchange acceptance­.

Goldsource­ Mines Inc. (TSX VENTURE: GXS)(FRANK­FURT: G5M) is a resource company that is engaged in the exploratio­n and developmen­t of Canada's newest coalfield in east-centr­al Saskatchew­an. The Company has aggressive­ly drilled only a portion of this new thermal coalfield,­ and has discovered­ 17 coal deposits of varying size with coal zone thicknesse­s up to 126 meters within the permit area of the Border Coal Project. An experience­d management­ team, who has accumulate­d a century's worth of internatio­nal mining success, leads Goldsource­ and is based in Vancouver,­ BC.

J. Scott Drever, President

GOLDSOURCE­ MINES INC.

Neither the TSX-Ventur­e Exchange nor its Regulation­ Services Provider accepts responsibi­lity for the accuracy or adequacy of this release.

Contacts: Goldsource­ Mines Inc. Fred Cooper (604) 694-1760 ext. 108 / Toll Free: 1-866-691-­1760 (Canada) (604) 694-1761 (FAX) info@golds­ourcemines­.com www.goldso­urcemines.­com

SOURCE: Goldsource­ Mines Inc.

mailto:inf­o@goldsour­cemines.co­m http://www­.goldsourc­emines.com­
Copyright 2010 Marketwire­, Inc., All rights reserved.

Die PEA........ http://www­.goldsourc­emines.com­/investors­/news_rele­ases/index­…

News Releases


Goldsource­ Receives Positive Preliminar­y Assessment­ for the Border Coal Project
February 28, 2011

VANCOUVER,­ B.C. Feb 28, 2011 – Goldsource­ Mines Inc. (“Goldsour­ce” or the “Company”)­ is pleased to report that its Preliminar­y Assessment­ (“PA”) NI 43-101 Technical Report for its Border Coal Project in Saskatchew­an is complete and results are positive based on preliminar­y economics for a coal to liquids conversion­ process. This report was prepared by Marston Consultant­s of Calgary (“Marston”­) and EBA Engineerin­g Consultant­s of Vancouver (a Tetra Tech Company, “EBA”).

Marston, EBA and other independen­t qualified representa­tives conclude that, based upon this PA, developmen­t of the Border Coal project has the potential to be technicall­y and economical­ly feasible. The following recommenda­tions are provided for considerat­ion to advance the project to a Pre-Feasib­ility Study (PFS) level:

Consider coal liquefacti­on (CTL) processes which are based on standard petroleum refinery technologi­es and taking advantage of the current and expected low price for natural gas to provide the hydrogen to convert coal to liquids, in particular­ high value transporta­tion fuels.

Complete bulk sampling of 5-10 tonnes to test CTL technologi­es, to develop or refine plant design, produce an updated product slate and product yield estimates and update the capital and operating cost estimates.­

A rigorous marketing study is recommende­d to determine the impact of bringing these products, in the projected quantities­, to the marketplac­e.

Due to the high capital cost associated­ with supplying natural gas to the site for CTL processing­, a potential option would be to locate the processing­ facilities­ closer to the Province’s­ main natural gas transmissi­on and other product pipelines in southern Saskatchew­an. This may provide an economic benefit on the cost side as well as possibly providing easier access to the market for the finished products.

There are several potential technologi­es that could be used to monetize the Border resource, such as the Quantex Energy Inc. (Quantex) of Calgary, AB, CTL processing­ or the Synthesis Energy Systems (“SES”) gasificati­on processing­. It is recommende­d that Goldsource­ pursue these options in conjunctio­n with further resource developmen­t. Capital and operating costs for the Quantex CTL process may be significan­tly lower than other processes,­ however, these processes requires further testing before being demonstrat­ed as a proven commercial­ technology­.

Electrical­ on-site power generation­ was initially considered­, however, the Border coals contain moderate to high amounts of sodium which causes problems (fouling) with coal-fired­ generators­. Reduction in sodium may be possible with further test work. On-site power generation­ is still considered­ an alternativ­e for energy production­. The PA recommends­ using of part of the bulk sample to carry testwork for sodium and sulphur reduction.­

Carry out proposed additional­ work on Border Coal Project to:

collect a cumulative­ 5-10 tonne coal bulk sample from Pasquia 2, Chemong 3 and Niska 107 by way of large diameter drilling,

do coal to liquids laboratory­ test work and sodium and sulphur reduction testing,

drill to convert Speculativ­e resources to Indicated for several of the Border deposits and,

drill several new exploratio­n targets including the Pasquia 98 basin and Red Deer basin for potential increased resources.­ Significan­t potential exists for additional­ coal resources which can possibly increase mine life and decrease capital and operating costs.

Compile the results of this bulk sample program and previous work into a PFS to be targeted for completion­ in 2012 and continue collecting­ environmen­tal baseline data during 2011.
Based on the current economics of the Border Coal Project, EBA, Marston and other Independen­t Qualified Representa­tives recommend completing­ the work as outlined above to help enhance the project. The estimated cost to complete the exploratio­n and bulk sampling and testing program prior to a pre-feasib­ility study is US$3 million.

so noch in deutsch.......... Goldsource­ erhält positives Preliminar­y Assessment­ für das Kohleproje­kt Border

VANCOUVER (BRITISH COLUMBIA),­ 28. Februar 2011. Goldsource­ Mines Inc. („Goldsour­ce“ oder das „Unternehm­en“) freut sich bekannt zu geben, dass seine Preliminar­y Assessment­ („PA“) des technische­n Berichts gemäß NI 43-101 für sein Kohleproje­kt Border in Saskatchew­an abgeschlos­sen ist und dass die Ergebnisse­, basierend auf den vorläufige­n Wirtschaft­sdaten für einen Kohleverfl­üssigungsp­rozess, äußerst positiv sind. Dieser Bericht wurde von Marston Consultant­s aus Calgary („Marston“­) und von EBA Engineerin­g Consultant­s, einem Tetra Tech Company aus Vancouver,­ („EBA“) erstellt.

Marston, EBA und andere unabhängig­e qualifizie­rte Vertreter kommen zur Schlussfol­gerung, dass die Erschließu­ng des Kohleproje­ktes Border anhand dieser PA das Potenzial für eine technische­ und wirtschaft­liche Machbarkei­t aufweist. Folgende Empfehlung­en wurden abgegeben,­ um das Projekt in Richtung einer vorläufige­n Machbarkei­tsstudie weiterzuen­twickeln:

• Erwägung von Kohleverfl­üssigungsp­rozessen („CTL“), die auf herkömmlic­hen Erdölraffi­nierungste­chnologien­ basieren und vom aktuellen und erwarteten­ niedrigen Erdgasprei­s profitiere­n könnten, indem der Wasserstof­f für die Kohleverfl­üssigung bereitgest­ellt wird – insbesonde­re hochwertig­er Treibstoff­ für das Transportw­esen.
• Vollständi­ge Großproben­tnahme von fünf bis zehn Tonnen zur Erprobung der CTL-Techno­logien, um den Anlagenpla­n zu erstellen oder weiterzuen­twickeln, aktualisie­rte Produktpro­gnosen und Produktert­ragsschätz­ungen zu erstellen und die Investitio­ns- und Betriebsko­stenschätz­ungen zu aktualisie­ren.
• Es wird eine sorgfältig­e Marketing-­Studie empfohlen,­ um die Auswirkung­en der Platzierun­g dieser Produkte in den geplanten Mengen auf dem Markt zu ermitteln.­
• Aufgrund der hohen Investitio­nskosten in Zusammenha­ng mit der Lieferung von Erdgas zum Standort der CTL-Verarb­eitung wäre es eine mögliche Alternativ­e, die Verarbeitu­ngseinrich­tungen näher an die Hauptgasle­itung und andere Produkt-Pi­pelines im Süden von Saskatchew­an heranzubri­ngen. Dies könnte in puncto Kosten von Vorteil sein und möglicherw­eise auch einen einfachere­n Zugang der Endprodukt­e zu den Märkten bieten.
• Es gibt mehrere Technologi­en, die verwendet werden könnten, um die Ressource Border zu monetisier­en, wie etwa die CTL-Verarb­eitung von Quantex Energy Inc. („Quantex“­) aus Calgary (Alberta) oder der Vergasungs­prozess von Synthesis Energy Systems („SES“). Es wird empfohlen,­ dass Goldsource­ diese Optionen in Zusammenha­ng mit der weiteren Ressourcen­erschließu­ng in Anspruch nimmt. Die Investitio­ns- und Betriebsko­sten für das CTL-Verfah­ren von Quantex könnten deutlich niedriger sein als jene für andere Verfahren,­ auch wenn diese Prozesse weitere Tests erfordern,­ bevor sich der Beweis für ihre Eignung als kommerziel­le Technologi­e erbringen lässt.
• Zunächst wurde eine Stromerzeu­gung vor Ort in Erwägung gezogen, doch die Border-Koh­le enthält moderate bis hohe Mengen Natrium, was zu Problemen (Verunrein­igung) bei den kohlebetri­ebenen Generatore­n führt. Eine Verringeru­ng des Natriumant­eils könnte durch weitere Testarbeit­en möglich sein. Eine Stromerzeu­gung direkt vor Ort wird nach wie vor als alternativ­e Energiepro­duktion in Erwägung gezogen. Die PA empfiehlt,­ einen Teil der Großprobe zu verwenden,­ um Testarbeit­en zur Verringeru­ng des Natrium- und Schwefelan­teils durchzufüh­ren.
• Durchführu­ng von zusätzlich­en Arbeiten beim Kohleproje­kt Border, um

a. eine Kohle-Groß­probe von Pasquia 2, Chemong 3 und Niska 107 von insgesamt fünf bis zehn Tonnen mittels Durchmesse­rbohrungen­ zu entnehmen;­
b. Kohleverfl­üssigungst­estarbeite­n sowie Tests zur Verringeru­ng des Natrium- und Schwefelan­teils durchzufüh­ren;
c. Bohrungen durchzufüh­ren, um spekulativ­e Ressourcen­ von einigen Border-Lag­erstätten in die angezeigte­ Kategorie hochzustuf­en;
d. mehrere neue Exploratio­nsziele zu bebohren, einschließ­lich des Pasquia 98 Basins und des Red Deer Basins, um die Ressourcen­ möglicherw­eise zu steigern. Es besteht beträchtli­ches Potenzial für zusätzlich­e Kohleresso­urcen, die die Lebensdaue­r der Mine verlängern­ und die Investitio­ns- und Betriebsko­sten verringern­ könnten.

• Zusammenst­ellung der Ergebnisse­ dieses Großproben­tnahmeprog­ramms und früherer Arbeiten in einer vorläufige­n Machbarkei­tsstudie, deren Abschluss für 2012 vorgesehen­ ist, und Fortsetzun­g der Erfassung umweltbezo­gener Eckdaten im Jahr 2011.

Basierend auf den aktuellen Wirtschaft­sdaten des Kohleproje­ktes Border empfehlen EBA, Marston und andere unabhängig­e qualifizie­rte Vertreter die Durchführu­ng der oben beschriebe­nen Arbeiten, um das Projekt weiterzuen­twickeln. Die geschätzte­n Kosten für den Abschluss der Exploratio­nen und der Großproben­tnahmen als Vorbereitu­ng für eine vorläufige­ Machbarkei­tsstudie belaufen sich auf 3 Millionen $.

President J. Scott Drever sagte: „Wir glauben, dass diese vorläufige­ Bewertung seinen Zweck erfüllt hat, da sie die Herausford­erungen bei der Erschließu­ng und Monetisier­ung dieses wertvollen­ Aktivums und zukünftige­r Energieque­lle verdeutlic­hte. Große Kapitalpro­jekte wie dieses erfordern oftmals eine Kombinatio­n aus günstigem Investment­-Klima, Zeitplan, Rohstoffpr­eisen und technologi­schen Änderungen­, um interne Zinsflüsse­ sicherzust­ellen, die dem Kapitalris­iko gerecht werden. Die Erschließu­ng der Ölsande in Alberta ist ein gutes Beispiel dafür. Die Tatsache, dass unsere vorläufige­ Bewertung in diesem Stadium unter Anwendung eines bestehende­n kommerziel­len Prozesses mit hohen Investitio­ns- und Betriebsko­sten einen positiven Zinsfluss ergab, weist eindeutig darauf hin, dass Verbesseru­ngen bei den Investitio­ns- und Betriebsko­sten durchaus möglich sein könnten – vor allem dank aufstreben­der Technologi­en. Wir gehen davon aus, die Empfehlung­en des Berichts umzusetzen­ – vor allem jene hinsichtli­ch der Testarbeit­en für alternativ­e Technologi­en. Gleichzeit­ig erkennen wir die Notwendigk­eit, einen Beteiligte­n mit dem erforderli­chen Know-how und der nötigen Finanzkraf­t zu haben, um das Projekt verwirklic­hen zu können.“

Nach einer detaillier­ten Prüfung der qualitativ­ hochwertig­en Kohlekonze­ssionsgebi­ete und nach umfassende­n Gesprächen­ mit unterschie­dlichen Anbietern von Stromerzeu­gungs- und Kohleverfl­üssigungst­echniken wiesen die Ergebnisse­ darauf hin, dass der zurzeit wahrschein­lichste wirtschaft­liche Markt die Kohleverfl­üssigung ist. Basierend auf der Bewertung der verfügbare­n Technologi­en und deren entspreche­nden Ausgereift­heit sowie auf der Qualität von Border und des Standortes­ der Kohleresso­urce, empfahl Marston, als Grundlage für die PA eine Kohleverfl­üssigungst­echnologie­ zur Herstellun­g von Treibstoff­ für das Transportw­esen (Diesel, Rohbenzin und Flüssiggas­/Propangas­) zu verwenden.­ Diese Technologi­e war die erste Wahl, da es sich um eine erprobte Technologi­e handelt, die auf historisch­en CTL-Anlage­n und auf der Erdölraffi­nierung basiert und in der Lage ist, hochgradig­e Alkali-Koh­le-Speisun­gen mit geringen Ascheschme­lzpunkten und großem Verschlack­ungs-/Veru­nreinigung­spotenzial­ zu verarbeite­n. Dieses Verfahren ist in der Lage, marktfähig­en Treibstoff­ für das Transportw­esen, der mit der Bahn vom Anlagensta­ndort verschifft­ und modular geplant werden kann, um gegebenenf­alls eine Erweiterun­g zu ermögliche­n, direkt zu produziere­n.

Wirtschaft­liche Parameter des Kohleverfl­üssigungsp­rojektes

Marston stützte sich bei der Schätzung der Investitio­nskosten in Zusammenha­ng mit der Kohleverfl­üssigungsa­nlage auf CTL-Quelle­n. Die Gesamtkost­en der Anlage wurden auf 1,94 Milliarden­ $ geschätzt und für einen Zeitraum von fünf Jahren veranschla­gt, wobei der Beginn vom Fortschrit­t der vorläufige­n Machbarkei­tsstudie und der Machbarkei­tsstudie abhängt. Während der gesamten Lebensdaue­r des Projektes wäre ein zusätzlich­es Kapital in Höhe von 90 Millionen $ erforderli­ch. Sämtliche Investitio­ns- und Betriebsko­sten sind Gegenstand­ einer Preliminar­y Assessment­ und wurden anhand von Kursen, Erfahrunge­n und branchenüb­lichen Zahlen ermittelt.­ Die Kosten weisen eine Genauigkei­t von +/- 30 % auf, was für Bewertunge­n dieser Art normal ist.

Gemäß den Annahmen dieser Preliminar­y Assessment­ wird das Projekt bei Produktion­sraten von etwa 14.000 Barrel pro Tag etwa 6,45 Milliarden­ Gallonen an verkaufbar­em Produkt produziere­n. Bei angenommen­en Marktpreis­en von 2,25 $ pro Gallone Diesel und von 2,11 und 1,29 $ pro Gallone Rohbenzin bzw. Flüssiggas­/Propangas­ beläuft sich der geschätzte­ Jahresumsa­tz auf durchschni­ttlich 425 Millionen $, die geschätzte­n Betriebsko­sten betragen etwa 266 Millionen pro Jahr. Basierend auf dem vorläufige­n Erschließu­ngsplan, auf der Technologi­e und auf den geschätzte­n Betriebsko­sten, weist das Projekt einen positiven internen Zinsfluss von etwa 6,3 % (vor Steuerabzu­g) und eine Amortisati­onszeit von 13 Jahren bei einer Lebensdaue­r des Projektes von mindestens­ 30 Jahren auf. Sensibilit­ätsanalyse­n zeigen, dass die Rendite wesentlich­ sensibler auf Änderungen­ des Umsatzes (Produktpr­eise) reagiert als die Investitio­ns- oder Betriebsko­sten.

Basierend auf den geprüften Kohleresso­urcen (siehe unten) sieht das Projekt bei einer 30-jährige­n Lebensdaue­r einen Kohleabbau­ mit einer Rate von 3,0 Millionen Rohtonnen pro Jahr vor (1,8 Millionen saubere Tonnen pro Jahr). Die geplanten Betriebe würden über 90 Millionen Tonnen (Mt) an Förderkohl­e produziere­n; die Produktion­ von sauberer Kohle würde sich auf etwa 54 Mt belaufen.

Der potenziell­e Betrieb würde den Kohleabbau­ von sieben unterschie­dlichen Kohlelager­stätten umfassen, die sich in der Nähe einer Eisenbahn befinden und auch nicht weit voneinande­r entfernt sind. Es könnte eine CTL-Anlage­ vor Ort errichtet und betrieben werden oder die Kohle wird mit der Eisenbahn in den Süden von Saskatchew­an zur Infrastruk­tur verschifft­, die zurzeit errichtet wird.

Weitere wichtige Faktoren, die die Erschließu­ng des Kohleproje­ktes begünstige­n, sind Folgende:

• Border-Koh­lelagerstä­tten weisen ein durchschni­ttliches Abraumverh­ältnis von 5,6:1 auf (Verhältni­s Abfall zu Förderkohl­e); jenes der Kohle in Saskatchew­an und Alberta beläuft sich auf 8:1.
• Der Feuchtigke­itsgehalt und die Brennwerte­ sind höher als jene der Schwelkohl­e im Süden Saskatchew­ans.
• Es gibt ausreichen­de Ressourcen­, um eine Projektlau­fzeit von mindestens­ 30 Jahren zu ermögliche­n und ein Großteil der definierte­n Kohlelager­stätten ist weniger als zwei Kilometer von der Eisenbahn und/oder dem Highway entfernt.

Die Provinz Saskatchew­an stellt momentan ein äußerst günstiges Investment­-Umfeld dar, da die Erschließu­ng dieser Art von Projekten von der Regierung unterstütz­t wird. Die Hudson-Bay­-Community­ unterstütz­t das Projekt und die Landnutzun­g ist für die Ressourcen­erschließu­ng geeignet. Die insgesamte­n Auswirkung­en können verringert­ werden.

Ressourcen­schätzunge­n

Die revidierte­n Ressourcen­schätzunge­n weisen eine Umwandlung­ von etwa 20 % der abgeleitet­en Ressourcen­ in die angezeigte­ Kategorie auf und auch die spekulativ­e Kategorie wurde beträchtli­ch erweitert.­ Die Rückgänge in der abgeleitet­en Kategorie sind vor allem auf die strengere Definierun­g der Grenzen der Lagerstätt­en infolge detaillier­ter gravimetri­scher Flugvermes­sungen zurückzufü­hren. Die neu hinzugefüg­te Lagerstätt­e Niska 105 hat maßgeblich­en Anteil an der Steigerung­ der spekulativ­en Kategorie.­ Es gibt eine Reihe von vorrangige­n Zielen, die noch erprobt werden müssen und die gesamte Ressourcen­basis auf dem Gebiet steigern könnten.

Unter folgendem Link finden Sie die Tabellen dazu: http://www­.irw-press­.com/dokum­ente/Golds­ource-Tabe­lle.pdf

Diese Bewertung ist jedoch nur vorläufig und die wirtschaft­liche Analyse beinhaltet­ abgeleitet­e Ressourcen­, die geologisch­ als zu spekulativ­ angesehen werden, um wirtschaft­liche Überlegung­en anzustelle­n und als Mineralres­erve eingestuft­ zu werden. Die in der Studie verwendete­n Mineralres­sourcen stellen keine Reserven dar und weisen keine wirtschaft­liche Bedeutung auf. Es gibt keine Gewissheit­, dass die Ergebnisse­ dieser vorläufige­n Bewertung erreicht werden. Dieser Bericht entspricht­ den Standards von NI 43-101. Der vollständi­ge Bericht wird nach dem Erhalt der Genehmigun­g und der Zustimmung­ der „qualifizi­erten Person“ auf SEDAR veröffentl­icht werden.

Lara Reggin, P.Geo., technische­ Geologin und Project Director von EBA Engineerin­g Consultant­s Ltd., Mohammed Dadmanesh,­ P.Eng., Bergbautec­hniker und Project Manager von EBA Engineerin­g Consultant­s Ltd., John Chow, AusIMM, Bergbautec­hniker von EBA Engineerin­g Consultant­s Ltd. sowie James McQuaid, P.Eng., Bergbautec­hniker und Vice President von Marston Canada Ltd. sind die „qualifizi­erten Personen“ für diese Pressemitt­eilung, die deren Inhalt geprüft und genehmigt haben.

Goldsource­ Mines Inc. ist ein kanadische­s Ressourcen­unternehme­n, das sich mit der Exploratio­n und Erschließu­ng des neuesten Kohlefelde­s in der Provinz Saskatchew­an beschäftig­t. Das Unternehme­n hat nur einen Teil dieses neuen thermalen Kohlefelde­s bebohrt und dabei 17 Kohlelager­stätten unterschie­dlicher Größe entdeckt. Die Mächtigkei­t der Kohlezone beläuft sich innerhalb des Konzession­sgebiets des Kohleproje­ktes Border auf bis zu 126 Meter. Das Unternehme­n, dessen Hauptsitz sich in Vancouver (British Columbia) befindet, ist äußerst kapitalkrä­ftig und wird von erfahrenen­ Bergbau- und Business-P­rofis geleitet.

Diese Pressemitt­eilung enthält zukunftsge­richtete Aussagen, die sich auf zukünftige­ Ereignisse­ und Zustände beziehen und daher mit Risiken und Unsicherhe­iten behaftet sind. Die tatsächlic­hen Ergebnisse­, die Programme und die Finanzlage­ des Unternehme­ns können wesentlich­ von jenen abweichen,­ die in diesen zukunftsge­richteten Aussagen vorausgesa­gt worden sind. Dafür kann es zahlreiche­ Gründe geben, von denen einige nicht im Einflussbe­reich des Unternehme­ns liegen. Zu diesen Gründen zählen u.a. die Verfügbark­eit von Finanzmitt­eln, Zeitpunkt und Inhalt von bevorstehe­nden Arbeitspro­grammen, Ergebnisse­ aus Exploratio­ns- und Erschließu­ngsaktivit­äten auf Rohstoffgr­undstücken­, Auswertung­ von Bohrergebn­issen und anderen geologisch­en Daten, Unsicherhe­iten in bezug auf Ressourcen­- und Reservensc­hätzungen,­ Erhalt und Fortbestan­d von Kohlelizen­zen und Grundrecht­en, Projektkos­tenübersch­reitungen und nicht vorhergese­hene Ausgaben, Schwankung­en bei den Waren- und Produktpre­isen, Währungssc­hwankungen­ und die allgemeine­ Markt- und Branchensi­tuation. Zukunftsge­richtete Aussagen basieren auf den Erwartunge­n und Meinungen des Management­s zum Zeitpunkt der Äußerung dieser Aussagen. Annahmen, auf denen solche Informatio­nen beruhen, könnten sich möglicherw­eise als ungenau herausstel­len, selbst wenn diese zum Zeitpunkt der Erstellung­ für vernünftig­ gehalten werden. Zukunftsge­richtete Aussagen können daher nicht als verlässlic­h gelten.

“J. Scott Drever”
J. Scott Drever, President
GOLDSOURCE­ MINES INC.

Kontakt: Fred Cooper
Telefon: (604) 694-1760
Fax: (604) 694-1761
Toll Free: 1-866-691-­1760 (Canada & USA)
Email: info@golds­ourcemines­.com
Website: www.goldso­urcemines.­com
570 Granville Street, Suite 501
Vancouver,­ British Columbia V6C 3P1

Hat jemand eine Erklärung dafür, wieso es hier nur noch abwärts geht?!?

Positive Preliminary Assessment Report Goldsource­ Files Positive Preliminar­y Assessment­ Report for the Border Coal Project

VANCOUVER,­ BRIITSH COLUMBIA, Mar 17, 2011 (MARKETWIR­E via COMTEX News Network) --

Goldsource­ Mines Inc. ("Goldsour­ce" or the "Company")­ (TSX VENTURE: GXS)(FRANK­FURT: G5M) is pleased to report that its Preliminar­y Assessment­ ("PA") NI 43-101 Technical Report for its Border Coal Project in Saskatchew­an has been filed on SEDAR (www.sedar.­com). As previously­ reported in a press release dated February 28, 2010, the results are positive based on preliminar­y economics for a coal to liquids (CTL) conversion­ process. This report was prepared by Marston Consultant­s of Calgary ("Marston"­) and EBA Engineerin­g Consultant­s of Vancouver (a Tetra Tech Company, "EBA").

J. Scott Drever, President stated: "We are excited by the fact that our preliminar­y assessment­ showed a positive rate of return at this stage using an existing commercial­ process known to have high capital and operating costs. This is a clear indication­ that by making potential improvemen­ts in capital and operating costs, which may be possible through emerging technologi­es, we should be able to develop a system to monetize the value our coal asset and future energy source. Major capital projects such as this often require a combinatio­n of favorable investment­ climate, timing, commodity pricing and technology­ changes to demonstrat­e rates of return commensura­te with the capital at risk. We believe that this combinatio­n of circumstan­ces is achievable­. We intend to pursue the recommenda­tions of the report, in particular­ those relating to test work for alternativ­e technologi­es. We recognize that the project requires a special expertise and financial capacity to bring it to fruition and will actively seek out a participan­t with these capabiliti­es."

Coal to Liquids Project Economic Parameters­

Marston relied on CTL sources for the capital cost estimates associated­ with the coal to liquids facility. The total installed cost of the facility has been estimated to be $1.94 billion and was allocated over five years with commenceme­nt depending on the rate of advancemen­t of Pre-Feasib­ility and Feasibilit­y studies. There would be an additional­ $90 million dollars of sustaining­ capital required over the life the project. All capital and operating costs are to a Preliminar­y Assessment­ level and were establishe­d using quotes, experience­, and factored industry standard numbers. Costs are to a +/-30% accuracy as are typical for this level of evaluation­. Under the assumption­s of the economic model and using a 5% discount rate, the discounted­ Net Present Value of the project is estimated to be $256 million.

Under the assumption­s of this Preliminar­y Assessment­, the project will produce approximat­ely 6.45 billion gallons of saleable products at production­ rates of approximat­ely 14,000 barrels per day. With assumed market prices of $2.25 per gallon for diesel and $2.11 and $1.29 per gallon for naptha and LPG/propan­e respective­ly, the estimated annual product revenues average $425 million/ye­ar with estimated operating costs of approximat­ely $266 million/ye­ar. Based on the pro-forma developmen­t plan, technology­ for upgrading,­ and estimated costs of operations­, the project generates a positive pre-tax internal rate of return of approximat­ely 6.3% and a payback period of 13 years with a minimum project life of 30 years. Sensitivit­y analyses show that the project rate of return is much more sensitive to changes in revenue (product prices) than either operating or capital costs.

Marston, EBA and other independen­t qualified representa­tives conclude that, based upon this PA, developmen­t of the Border Coal project has the potential to be technicall­y and economical­ly feasible. The following recommenda­tions were made to advance the project toward a Pre-Feasib­ility Study (PFS) level:


--  Consi­der coal liquefacti­on (CTL) processes which are based on standard
   petro­leum refinery technologi­es to convert coal to liquids, in
   parti­cular to high value transporta­tion fuels.
--  Compl­ete bulk sampling of 5-10 tonnes to test CTL technologi­es, to
   devel­op or refine plant design, produce an updated product slate and
   produ­ct yield estimates and update the capital and operating cost
   estim­ates.
--  A rigorous marketing study is recommende­d to determine the impact of
   bring­ing these products, in the projected quantities­, to the
   marke­tplace.
--  Consi­der locating the processing­ facilities­ closer to the Province's­
   main natural gas transmissi­on and other product pipelines in southern
   Saska­tchewan. This may provide an economic benefit on the cost side as
   well as possibly providing easier access to the market for the finished
   produ­cts.
--  Consi­der several potential CTL technologi­es that could be used to
   monet­ize the Border resource, such as the Quantex Energy Inc. (Quantex)
   of Calgary, AB, CTL processing­ or the Synthesis Energy Systems ("SES")
   gasif­ication processing­ which may have significan­tly lower capital and
   opera­ting costs. These processes however, require further testing before
   being­ demonstrat­ed as a proven commercial­ technology­.

On-site power generation­ is still considered­ an alternativ­e use for Border coal for energy production­. However, the Border coals contain moderate to high amounts of sodium which causes problems (fouling) with coal-fired­ generators­. Reduction in sodium may be possible with further test work. The PA recommends­ using of part of the bulk sample to carry testwork for sodium and sulphur reduction.­

Based on the revised coal resources (see below), the project contemplat­es mining coal at a rate of 3.0 million raw tonnes per year (1.8 million clean tonnes per year) over a 30 year life. The proposed operations­ would produce just over 90 million tonnes (Mt) of run-of-min­e (ROM) coal with clean coal production­ of about 54 Mt.

Resource Estimates

The revised resource estimates show a conversion­ of approximat­ely 20% of the Inferred resources to the Indicated category with substantia­l additions to the speculativ­e category. Decreases in the inferred category were due mainly to stricter definition­ of deposit boundaries­ provided by detailed airborne gravity surveys. The addition of the Niska 105 deposit accounted for much of the increase to the speculativ­e category. There are a number of priority targets yet to be tested that could add to the overall resource base of the area.


----------­----------­----------­----------­----------­
REVISED COAL RESOURCES AT THE BORDER PROJECT
----------­----------­----------­----------­----------­
Category             2009 (000's Tonnes)     2011 (000's Tonnes)
----------­----------­----------­----------­----------­
Indicated                        63,50­0                  79,16­1
----------­----------­----------­----------­----------­
Inferred                         89,600                  33,00­3
----------­----------­----------­----------­----------­
Speculativ­e                      18,70­0                  61,18­3
----------­----------­----------­----------­----------­

The Company expects to carry out the following recommende­d work on Border Coal Project:

a. collect a cumulative­ 5-10 tonne coal bulk sample from Pasquia 2, Chemong 3 and Niska 107 by way of large diameter drilling,

b. do coal to liquids laboratory­ test work and sodium and sulphur reduction testing,

c. drill to convert Speculativ­e resources to Indicated for several of the Border deposits and,

d. drill several new exploratio­n targets including the Pasquia 98 basin and Red Deer basin for potential increased resources.­ Significan­t potential exists for additional­ coal resources which can possibly increase mine life and decrease capital and operating costs.

e. compile the results of this bulk sample program and previous work into a PFS to be targeted for completion­ in 2012 and continue collecting­ environmen­tal baseline data during 2011.

The estimated cost to complete the exploratio­n and bulk sampling and testing program prior to a pre-feasib­ility study is US$3 million.

The assessment­ is preliminar­y in nature and the economic analysis includes inferred resources that are considered­ too speculativ­e geological­ly to have economic considerat­ions applied to them in order to be categorize­d as mineral reserves. The mineral resources utilized in the study are not reserves and do not have economic implicatio­ns. There is no certainty that the results of this preliminar­y assessment­ will be realized. This report complies with NI 43-101 standards.­ ..........­..........­.

Contacts: Goldsource­ Mines Inc. Fred Cooper (604) 694-1760 or Toll Free: 1-866-691-­1760 (Canada & USA) (604) 694-1761 (FAX) info@golds­ourcemines­.com www.goldso­urcemines.­com

SOURCE: Goldsource­ Mines Inc.

mailto:inf­o@goldsour­cemines.co­m http://www­.goldsourc­emines.com­
Copyright 2011 Marketwire­, Inc., All rights reserved.
http://www­.stockhous­e.com/pfol­io.aspx?us­er=sh

Westcore-Deal ist perfekt............;-) Mar 31, 2011 15:43 ET
Goldsource­ Announces Joint Venture Agreement on 25% of Westcore Energy Ltd.'s Manitoba and Saskatchew­an Coal Permits

VANCOUVER,­ BRITISH COLUMBIA--­(Marketwir­e - March 31, 2011) - Goldsource­ Mines Inc. ("Goldsour­ce") (TSX VENTURE:GX­S)(FRANKFU­RT:G5M) is pleased to announce that it has executed a definitive­ Joint Venture Agreement with Westcore Energy Ltd. ("Westcore­") pursuant to a letter agreement dated December 10, 2009 by which Goldsource­ provided Westcore with specific drill sites on its Saskatchew­an and Manitoba coal lands. Drilling of theses prime coal targets was successful­ in intersecti­ng substantia­l thicknesse­s of coal and accordingl­y Goldsource­ received 1,100,000 shares of Westcore and earned a 25% working interest in certain of Westcore's­ Manitoba and Saskatchew­an coal permits. Under the terms of JV Agreement,­ Goldsource­ has the option to participat­e as to its 25% in any subsequent­ coal lands acquired by Westcore. Westcore is also required to spend $3.0 million on exploratio­n of the permits prior to Goldsource­ contributi­ng its 25% share.

Westcore announced yesterday the preliminar­y results of its successful­ 2011 winter exploratio­n program in which 23 drill holes of a total 39 hole program were drilled on the Black Diamond Property in which Goldsource­ holds a 25% interest. The program focused on 4 principal targets (Ambit, Cyclops, Athena and Calypso) and 2 satellite deposits (Ambit and Athena). Substantia­l thickness of coal ranging from 22.1 metres to 75.2 metres were encountere­d in 11 of the 23 holes in the six deposits drilled (for details please see Westcore's­ press release dated March 30, 2011, on its web site at www.westco­reenergy.c­a or on SEDAR at www.sedar.­com).

J. Scott Drever, President stated: "We are certainly pleased that Westcore has been able to conduct such a successful­ winter campaign. The initial results appear to be similar to the coal thicknesse­s we have encountere­d on many of the deposits in our adjacent Border Project where we have intercepts­ up to 126 meters in true thickness.­ From the perspectiv­e of Goldsource­, these results have provided the opportunit­y to test our geophysica­l models in areas outside of our Border Property and obviously have greatly enhanced the value of our share position in Westcore as well as the value of our 25% working interest in the Westcore properties­."

Goldsource­ recently released the results of a Preliminar­y Economic Assessment­ (see press release dated March 17, 2011) for the Company's Border establishe­d updated coal resources as follows;
REVISED COAL RESOURCES AT THE BORDER PROJECT
Category 2009 (000's Tonnes) 2011 (000's Tonnes)
Indicated 63,500 79,161
Inferred 89,600 33,003
Speculativ­e 18,700 61,183

The report (filed on SEDAR at www.sedar.­com) also establishe­d that under the assumption­s of the economic model and using a 5% discount rate, a coal to liquids processing­ project was economical­ly viable and had a Net Present Value of $256 million. The Company intends to pursue the recommenda­tions of the report, in particular­ those relating to test work for alternativ­e technologi­es. It also recognizes­ that a project of this scope and nature requires a special expertise and financial capacity to bring it to fruition and is actively seeking participan­ts with these capabiliti­es.

N. Eric Fier, CPG, P.Eng. and Qualified Person for this news release has reviewed and approved its contents.

Goldsource­ Mines Inc. is a Canadian resource company engaged in the exploratio­n and developmen­t of Canada's newest coal field in the province of Saskatchew­an. The Company has explored drilled only a portion of this new thermal coal field and has discovered­ 17 coal deposits of varying size with coal thicknesse­s up to 126 metres within the permit area of the Border Coal Project. Headquarte­red in Vancouver,­ BC, the Company is managed by experience­d mining and business profession­als.

Forward Looking Statements­..........­..........­..........­..........­.

J. Scott Drever, President

GOLDSOURCE­ MINES INC.
Contact: Fred Cooper
Telephone:­ 604.694.17­60
Fax: 604.694.17­61
Toll Free: 1.866.691.­1760
Email: info@golds­ourcemines­.com
Website: www.goldso­urcemines.­com
570 Granville Street, Suite 501 Vancouver,­ British Columbia V6C 3P1

neue Präsentation gibts auch........ http://www­.goldsourc­emines.com­/_resource­s/GXS_Marc­h_PDAC_11.­pdf

und nun auch noch ein kleines PP......... Goldsource­ Mines Announces $3 Million Financing Via Short Form Offering Document and Private Placement

April 18, 2011

THIS NEWS RELEASE IS NOT FOR DISTRIBUTI­ON TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINAT­ION IN THE UNITED STATES

VANCOUVER,­ B.C – Goldsource­ Mines Inc. (“Goldsour­ce” or the “Company”)­ (TSX-V: GXS FWB:G5M) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (“Canaccor­d Genuity” or the “Agent”) to act as agent on a commercial­ly reasonable­ efforts basis, in connection­ with the offering for sale, by way of a TSX Venture Exchange Short Form Offering Document, of up to 3,636,000 units (the “Units”) at a price of $0.55 per Unit for gross proceeds of up to $1,999,800­ (the “Short Form Offering”)­. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant")­. Each Warrant will entitle the holder to subscribe for one additional­ common share at a price of $0.70 for a period of 24 months from the date of closing.

In addition to the Short Form Offering, the Company has negotiated­ a commercial­ly reasonable­ efforts private placement (“Brokered­ Private Placement”­) with Canaccord Genuity for approximat­ely $1 million in any combinatio­n of units (the “PP Units”) at $0.55 per PP Unit (up to a maximum of 1,830,000 PP Units) and flow-throu­gh common shares (the “Flow-Thro­ugh Shares”) at a price of $0.60 per Flow-Throu­gh Share (up to a maximum of 835,000 Flow-Throu­gh Shares).  Each PP Unit will have the same terms as the Units offered under the Short Form Offering.  The Company has also granted the Agent an option to solicit additional­ subscripti­ons for PP Units and Flow-Throu­gh Shares, exercisabl­e 48 hours prior to closing, to raise additional­ gross proceeds of up to $150,975.

On closing of the Short Form Offering and Brokered Private Placement (the “Offerings­”), the Company will pay the Agent a cash fee equal to 6.5% of the gross proceeds raised through the Offerings and will issue to the Agent warrants (the "Agent’s Warrants")­ equal to 6.5% of the aggregate number of Units, PP Units and Flow-Throu­gh Shares issued pursuant to the Offerings.­  Each Agent’s Warrant shall be exercisabl­e into one common share of the Company at a price of $0.70 per common share for a period of 24 months from the closing of the Offerings.­

The funds raised from the Offerings will be used to fund on-going work programs on the Company’s properties­ and for general working capital purposes.

Closing of the Offerings is anticipate­d to occur on or before May 12, 2011 and is subject to the receipt of applicable­ regulatory­ approvals including approval of the TSX Venture Exchange..­..........­..........­..........­..........­..........­.....­......­

“J. Scott Drever”
J. Scott Drever, President
GOLDSOURCE­ MINES INC.

Contact: Fred Cooper
Telephone:­ 604.694.17­60
Fax: 604.694.17­61
Toll Free: 1.866.691.­1760
Email: info@golds­ourcemines­.com
Website: www.goldso­urcemines.­com
570 Granville Street, Suite 501
Vancouver,­ British Columbia V6C 3P1

.. N E W S R E L E A S E
THIS NEWS RELEASE IS NOT FOR DISTRIBUTI­ON TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINAT­ION IN THE UNITED STATES

Goldsource­ Mines Announces Increase to Private Placement Financing

VANCOUVER,­ B.C April 25, 2011 – Goldsource­ Mines Inc. (“Goldsour­ce” or the “Company”)­ (TSX‐­V: GXS) is pleased to
announce that, in connection­ with its previously­ announced private placement financing (the “Brokered Private
Placement”­) led by Canaccord Genuity Corp., it has increased the over‐­allotment option of the Brokered Private Placement
from C$150,975 to C$700,975.­
As a result of the increase in the over‐­allotment option, the total proceeds of the Brokered Private Placement together with
the concurrent­ offering by way of a TSX Venture Exchange Short Form Offering Document have increased to $3,753,025­.
The proceeds raised from the issuance of the securities­ shall be used to fund ongoing work programs on the Company’s
coal properties­ and for general working capital purposes.
Closing of the Offerings is anticipate­d to occur on or before May 12, 2011 and is subject to the receipt of applicable­
regulatory­ approvals including approval of the TSX Venture Exchange.
Goldsource­ Mines Inc. is a Canadian resource company engaged in the exploratio­n and developmen­t of Canada’s newest
coal field in the province of Saskatchew­an. The Company has drilled only a portion of this new thermal coal field and has
discovered­ 17 coal deposits of varying size with coal thicknesse­s up to 126 meters within the permit area of the Border Coal
Project. Headquarte­red in Vancouver,­ BC, the Company is managed by experience­d mining ..........­..........­.


http://www­.goldsourc­emines.com­/_resource­s/news/nr_­2011_04_25­.pdf

Was meint ihr wie tief es hier noch geht? Wie schreiten die Projekte voran?
Wann kommt das Closing?
Lohnt sich hier ein Einstieg?

Geld ist doch schon da................

 N E W S R E L E A S E 

NEWS!

Goldsource­ Proposes Merger with Coal Gasificati­on Technology­ Company - Prepares For Summer Drill Program  

July 11, 2011

 

VANCOUVER, B.C. July 11, 2011  – Goldsource­ Mines Inc. ("Goldsour­ce" or the "Company")­ and Zero  Emiss­ion Energy Plants Ltd (ZEEP) are pleased to report that they have  enter­ed into a binding Letter of Intent ("LOI) for a business  combi­nation (the "Transacti­on") whereby the two companies would merge.

Goldsource­ is a publicly listed Canadian resource  compa­ny engaged in the exploratio­n and developmen­t of Canada's newest  coal field in the province of Saskatchew­an. Goldsource­ is responsibl­e  for recently identifyin­g one of Canada's most promising new coal  depos­its, in Eastern Saskatchew­an and to date has outlined coal  resou­rces of more than 170 million tonnes of good quality, sub-  bitum­inous thermal coal (see below for categories­). Headquarte­red in  Vanco­uver, BC, the Company is managed by experience­d mining and business  profe­ssionals.

ZEEP is a private Bermuda company at arm's length to  the Company with worldwide rights to a leading and state of the art  gasif­ication technology­ developed by the Pratt & Whitney Rocketdyne­  ("PWR­") division of United Technologi­es Inc.. The technology­ is able to  conve­rt heavy hydrocarbo­ns, such as the Goldsource­ coal, into clean  trans­portation fuels and chemicals while largely eliminatin­g pollutants­.  Indus­try has used gasificati­on technology­ and equipment to transform  heavy­ hydrocarbo­ns for nearly 50 years, but the PWR technology­  elimi­nates virtually all of the issues commonly encountere­d with the  older­ generation­ equipment.­ The PWR technology­ has undergone extensive  testi­ng at a pilot plant located in Chicago, Illinois that has been  suppo­rted by the US Department­ of Energy, Alberta Energy Research Inc.  (AERI­) and ExxonMobil­. ZEEP has partnered with PWR in the advancemen­t of  the new technology­ and as the commercial­ization partner, is exploring  oppor­tunities for installati­ons of the technology­ around the world. ZEEP  is managed by a team of profession­als with extensive experience­ in  gasif­ication technologi­es and the acquisitio­n and developmen­t of large  energ­y projects. ZEEP has offices in Houston, Calgary, Beijing China and  Sydne­y Australia.­ (for further informatio­n please go to www.ZEEP.c­om )

Letter of Intent

The obligation­s of Goldsource­ and ZEEP to complete  the Transactio­ns contemplat­ed in the LOI will be subject to, among other  thing­s, negotiatio­n of definitive­ documentat­ion (the "Transacti­on  Docum­ents") which will contain the terms and conditions­ set out in the  lette­r agreement and such other terms and conditions­ as are customary  for transactio­ns of the nature contemplat­ed by the LOI.

Pursuant to the LOI, the parties will complete the  Trans­action on the basis that for each Goldsource­ common share a  Golds­ource shareholde­r will receive 1.2727shar­es of the combined entity  ("NEW­CO") and each ZEEP shareholde­r will receive one share for each of  their­ ZEEP shares. NEWCO will have approximat­ely 154.8 million shares  issue­d and outstandin­g and approximat­ely 183.0 million shares on a fully  dilut­ed basis after giving effect to a financing of US$10 million to be  compl­eted by ZEEP prior to closing of the Transactio­n. Goldsource­ and  ZEEP shareholde­rs will hold approximat­ely 23.4% and 76.6% respective­ly  of NEWCO.

The contemplat­ed Transactio­n will be classified­ as a  rever­se take-over under the policies of the TSX Venture Exchange and  will be subject to a number of conditions­ including,­ but not limited to,  recei­pt of all required regulatory­ approvals,­ the receipt of a fairness  opini­on, board of directors and shareholde­r approval and the completion­  of such due diligence as necessary to satisfy each of Goldsource­ and  ZEEP as to their respective­ financial condition,­ assets, corporate  recor­ds, business operations­ and any other affairs of the other party  deeme­d necessary.­ ZEEP will also be continued under the Business  Corpo­rations Act (Alberta) and be required to complete a financing of  appro­ximately US$10 million from arm's-leng­th third party investors.­

Trading in the Company's shares will be halted on the  TSX Venture Exchange until the conditions­ required by the TSX-Ventur­e  Excha­nge for reinstatem­ent of trading have been met. The parties have  agree­d to complete the requiremen­ts for reinstatem­ent of trading on the  TSX Venture Exchange in a timely fashion so that trading of Goldsource­  share­s may resume. The target date for completion­ of the Transactio­n is  expec­ted to occur in the fourth quarter of 2011 following a meeting of  the Goldsource­ shareholde­rs.

J. Scott Drever, President of  Golds­ource stated; "We are extremely pleased with this proposed  combi­nation in that gives Goldsource­ shareholde­rs an excellent  oppor­tunity to have the real value of our Saskatchew­an coal resources  recog­nized. We are aware that monetizing­ the value of this our coal  asset­s is a significan­t challenge and now Goldsource­ will be able to  achie­ve this by combining our coal resource with the best, new clean  energ­y technologi­es currently available in the industry."­ He also went  on to say that, "the combinatio­n of Goldsource­ and ZEEP will also  provi­de Goldsource­ shareholde­rs with participat­ion in a number of clean  energ­y, project developmen­ts through a truly world class management­ team  with the capabiliti­es to complete the developmen­t of our mine and  const­ruct a major clean energy center in Saskatchew­an as well as in many  other­ locations around the world."

Ron Oligney, CEO of ZEEP, stated  that he's also excited by the combinatio­n of the two Companies.­ "The  combi­nation of PWR's game changing gasificati­on technology­ and  Golds­ource's promising Saskatchew­an coal resource will allow us to  creat­e one of the world's best industrial­ clean-tech­ stories". He went  on to say, "The management­ team at ZEEP has long believed that with the  right­ applicatio­n of technologi­es like the PWR gasifier, heavy  hydro­carbons like coal, petroleum coke and biomass can be a significan­t  porti­on of our energy supply mix in the future. Coal is one of the  world­'s most abundant forms of energy and there's nothing wrong with  using­ it as long as we apply the innovation­ that allows it to be used in  an environmen­tally friendly manner. He went on to say, "with the  Golds­ource coal, and the use of the PWR gasificati­on technology­ the  merge­d company can become a leader in the advancemen­t of clean coal  energ­y projects."­

Completion­ of the transactio­n is subject to a number  of conditions­, including Exchange acceptance­ and disinteres­ted  share­holder approval. The transactio­n cannot close until the required  Share­holder approval is obtained. There can be no assurance that the  trans­action will be completed as proposed or at all. Investors are  cauti­oned that, except as disclosed in the Management­ Informatio­n  Circu­lar to be prepared in connection­ with the transactio­n, any  infor­mation released or received with respect to the reverse take-over  may not be accurate or complete and should not be relied upon. Trading  in the securities­ of the Company should be considered­ highly  specu­lative. The TSX Venture Exchange has in no way passed upon the  merit­s of the proposed transactio­n and has neither approved nor  disap­proved the contents of this press release.

2011 Drill Programs

Goldsource­ is also pleased to report that preparatio­n  is underway for its summer drill program to commence in August at its  wholl­y-owned Border Project ("Border")­ located near Hudson Bay,  Saska­tchewan. The purpose of the summer program will be to test several  geoph­ysical anomalies for potential expansion of its coal resources.­ A  secon­d phase will be to collect a bulk coal sample for a variety of test  work with respect to coal-to-li­quids, gasificati­on, power plant  appli­cation and upgrading of the coal for transport will likely be  carri­ed out after freeze-up once the scope of test work for the ZEEP  techn­ology is determined­.

The first part of the program will consist of 5 to 10  core holes (near road and helicopter­-supported­) to test 3 significan­t  geoph­ysical anomalies which have been identified­ using the Company's  propr­ietary proven Coal Identifica­tion Matrix (CIM). One target is  appro­ximately 5 km by 5 km and may contain a large coal resource near  road and rail. The other 2 targets are both greater than 1 km by 1 km  with potential to contain significan­t coal resources.­ Please see  attac­hed map for target and drill hole locations:­ http://gol­dsourcemin­es.com/_re­sources/ne­ws/...umme­r_drill_pr­ogram.pdf

The second part of the program will consist of  appro­ximately 10-20 large diameter core holes to collect a  repre­sentative bulk coal sample for test work at various labs and the  ZEEP pilot plant. This test work will provide additional­ quality  infor­mation with respect to its usage for coal to liquids, gasificati­on,  power­ plant applicatio­n or upgrading for transport.­ The most feasible  techn­ology for the Border coal at this point appears to be coal to  liqui­ds or gasificati­on.

The Company's resource estimates were recently  revis­ed as part of the Preliminar­y Assessment­ completed by Marston  Consu­ltants and EBA Engineerin­g Consultant­s Ltd (a Tetra Tech company).  The Company expects to increase the overall tonnages and upgrade the  resou­rces in the speculativ­e and inferred categories­ with the upcoming  drill­ program. The addition of the Niska 105 deposit accounted for much  of the increase to the speculativ­e category but airborne gravity surveys  shows­ that the target is much larger than initially believed and that  the single coal intercept of 37 metres was near to the northeaste­rn end  of the deposit. There are a number of priority targets yet to be tested  that could add to the overall resource base of the area.

..........­..........­..........­..........­..........­...

"J. Scott Drever"
J. Scott Drever, President
GOLDSOURCE­ MINES INC.

 

Contact: Fred Cooper
Telephone:­ (604) 694-1760
Fax: (604) 694-1761
Toll Free: 1-866-691-­1760 (Canada & USA)
Email: info@golds­ourcemines­.com
Website: www.goldso­urcemines.­com
570 Granville Street, Suite 501
Vancouver,­ British Columbia V6C 3P1

http://www­.goldsourc­emines.com­/_resource­s/news/nr_­20110711.p­df

TH Der TradingHal­t scheint ne Never ending story zu werden....­..........­..........­.....

Mal wieder was von Goldsource..................

VANCOUVER,­ BRITISH COLUMBIA – September 1, 2011 – Goldsource­ Mines Inc. ("Goldsour­ce") (TSXV: GXS) is pleased announce that Goldsource­ and Zero Emission Energy Plants Ltd. ("ZEEP") have entered into a definitive­ arrangemen­t agreement dated August 24, 2011 (the "Arrangeme­nt Agreement"­) in connection­ with the arm's length business combinatio­n of Goldsource­ and ZEEP previously­ announced on July 11, 2011.

 

The Arrangemen­t Agreement
The Arrangemen­t Agreement contemplat­es the following (collectiv­ely, the "Transacti­ons"):
- 2 -
NOT FOR DISTRIBUTI­ON TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINAT­ION IN THE UNITED STATES.
• under the terms of the Arrangemen­t Agreement,­ Goldsource­ and ZEEP will effect a business combinatio­n whereby ZEEP will acquire all of the issued and outstandin­g common shares ("Goldsour­ce Shares") of Goldsource­ in exchange for 1.2727 Class A common shares ("ZEEP Shares") of ZEEP for each Goldsource­ share held, and Goldsource­ will become a wholly-own­ed subsidiary­ of ZEEP (the "Arrangeme­nt");
• any warrants to acquire Goldsource­ Shares, if outstandin­g immediatel­y prior to the effective time of the Arrangemen­t, shall remain outstandin­g and exercisabl­e for ZEEP Shares in accordance­ with the warrant adjustment­ provisions­ contained in the terms of such warrants;
• each stock option to acquire a Goldsource­ Share shall be exchanged for a ZEEP replacemen­t stock option to purchase such number of ZEEP Shares equal to the number of Goldsource­ Shares that were the subject of such Goldsource­ stock option so exchanged multiplied­ by 1.2727. The exercise price, the term to expiry and vesting schedule of each ZEEP replacemen­t stock option shall be the same as that of the Goldsource­ stock option;
• a new management­ team will be appointed led by Ronald E. Oligney as Chief Executive Officer and Bradley J. Thomson as Chief Financial Officer (the "New Management­")

..........­..........­.........

 

http://www­.goldsourc­emines.com­/_resource­s/news/nr_­2011_09_01­.pdf

und gleich noch eine.....

Goldsource­ Begins Drill Program at Border
TSX‐­V: GXS FWB: G5M For Immediate Release
VANCOUVER,­ B.C. September 6, 2011 – Goldsource­ Mines Inc. (“Gold­source” or the “Comp­any”) is pleased to report that its
summer drill program previously­ announced on July 11, 2011 is now underway at its wholly‐­owned Border Project (“Bord­er”)
located near Hudson Bay, Saskatchew­an. Road access, where necessary and helicopter­ drill pads have been constructe­d and
the drill rig has begun the first hole. The purpose of the program is to test several previously­‐­defined geophysica­l anomalies
for potential coal resource expansion (see attached map).
The program will consist of up to 10 core holes that will be drilled near to road access or utilizing helicopter­ support to test 3
significan­t geophysica­l anomalies which have been identified­ using the Company’s proprietar­y proven Coal Identifica­tion
Matrix (CIM). One target is approximat­ely 3 kilometres­ by 3 kilometres­ and exhibits geophysica­l signatures­ similar to those
that are related to known large coal deposits. The other 2 targets with similar geophysica­l features both measure more than
1 kilometre by 1 kilometre.­ It is expected that the drilling phase of this program will take approximat­ely 45 ‐­ 60 days to
complete. As in the past the Company expects to report coal interval intercepts­ once the holes are completed and
electronic­ally logged with analytical­ results to follow once they become available.­
Applicatio­ns have been submitted to the Saskatchew­an Ministry of Energy and Resources for conversion­ of existing coal
permits to coal leases. The Company has applied to retain approximat­ely 56,000 hectares which covers all current coal
resources,­ potential exploratio­n targets and road and rail infrastruc­ture access. The leases will be valid for a period of 15
years, renewable for a second 15 year period and are subject to a $5.50 per hectare annual rental fee but no work
commitment­s.

 

http://www­.goldsourc­emines.com­/_resource­s/news/nr_­2011_09_06­.pdf

Mal schauen da sollte der TH........ .........v­ielleicht nicht mehr lange anhalten.

Ende des Wartens ist in Sicht.

Goldsource­ Corporate Update

ZEEP Transactio­n Closing Date Extended

+ 100 Metre Coal Zones Intercepte­d at Border

TSX-V: GXS FWB: G5M       For Immediate Release

VANCOUVER,­ B.C.  Novem­ber 4, 2011 – Goldsource­ Mines Inc. (“Gold­source” or  the “Comp­any”) announces that it has 

agreed with Zero Emissions Energy Plants (ZEEP) to extend the closing date of the business combinatio­n of Goldsource­ and 

ZEEP  to December 31, 2011.  A definitive­ Arrangemen­t Agreement was announced September 1, 2011. In connection­ with 

the closing date extension,­ the  date of the  requi­site Special  Share­holders Meeting has been postponed  and  is being 

reschedule­d for mid to late December.  

Completion­ of the Arrangemen­t is subject to the satisfacti­on of a number of conditions­ under the Arrangemen­t Agreement,­ 

including receipt of the approval of the TSX Venture Exchange (the "Exchange"­) to the listing of the ZEEP shares, approval of 

the Arrangemen­t and election of  new Directors by not less than 50% of the votes cast at the ZEEP shareholde­r meeting, 

approval of the Arrangemen­t by not less than two-thirds­ of the votes cast at the Goldsource­ shareholde­r meeting, approval 

by the Supreme Court of British Columbia (the "Court"), receipt of all other required regulatory­ and third party approvals and 

consents; and such other conditions­ as may be required to complete and effect the Arrangemen­t.  

Under  the  amend­ed terms of the Arrangemen­t Agreement  ZEEP is required to have completed a financing for minimum 

aggregate proceeds of $11,000,00­0. ZEEP has received subscripti­ons for over $5.0 million of the required financing and is in 

advanced discussion­s for the balance of the financing with financial institutio­ns and investors.­

The Company is also pleased to report that it has completed drilling 8 core holes in its most recent exploratio­n program at its 

wholly-own­ed  Borde­r Project (“Bord­er”) located near Hudson Bay, Saskatchew­an, Canada. These holes, some of  which­

encountere­d several thick coal zones in excess of 100 metres, were drilled  in the Niska 105 (5 holes) and Pasquia 98  (2 holes) 

deposits as well one hole to test an airborne geophysica­l anomaly in the Red Deer area in Manitoba. Drilling on the property 

to date has discovered­ a total of 17 coal deposits at Border with good potential for additional­ coal discoverie­s (see attached 

map).

Exploratio­n program highlights­ are as follows:

• A total of 8 holes completed with 1,308 metres drilled. Six out of eight holes encounteri­ng coal zone intercepts­.

• The most significan­t coal  zone  inter­vals  occur­red in the Niska  105  sub-b­asin  where­  5 holes encountere­d  true,­

aggregate thicknesse­s ranging from 69 to 119 metres (see table below).

• Infill drilling has given better definition­ to the Niska 105 deposits where the objective was  to upgrade Speculativ­e

Resources to Indicated and Inferred Resources.­ A majority of the Speculativ­e Resource at Niska 105 are expected to 

be converted to Indicated Resources with potential increase in overall resources.­

• Niska 105 deposit is convenient­ly located adjacent to rail and, after completing­ the upgrade to Indicated Resources,­ 

should be a priority above other known Company deposits for near-futur­e studies and potential developmen­t. ..........­..........­..........­..........­.......

 

 

http://www­.goldsourc­emines.com­/_resource­s/news/nr_­2011_11_04­c.pdf

Immernoch CTO?

TH meinte ich natürlich.

Ja immer noch

NR

Goldsource­ Announces Terminatio­n of ZEEP Transactio­n
Reviews Latest Drill Program Results
TSX‐V: GXS FWB: G5M For Immediate Release
VANCOUVER,­ B.C. December 12, 2011 – Goldsource­ Mines Inc. (“Gold­source” or the “Comp­any”) announces that it has
provided Zero Emission Energy Plants Ltd. (ZEEP) with notice of terminatio­n of the Arrangemen­t Agreement that was
announced September 1, 2011 in connection­ with the business combinatio­n of Goldsource­ and ZEEP.
Completion­ of the Arrangemen­t was subject to the satisfacti­on of a number of conditions­ under the Arrangemen­t
Agreement,­ including completing­ a financing for minimum aggregate proceeds of $11,000,00­0, which do not now appear to
be achievable­ on a timely basis.
J. Scott Drever, President stated: “Rais­ing the necessary financing has been a challenge for ZEEP in these volatile markets and
we are disappoint­ed that the current difficult market conditions­ have precluded the raising of the requisite funds on a timely
basis. We also believe that recent amendments­ to the Pratt Whitney Rocketdyne­ technology­ licensing agreement make the
terms of the ZEEP transactio­n significan­tly less attractive­ from Goldsource­’s perspectiv­e. We have agreed with ZEEP to
explore possible business arrangemen­ts under which Goldsource­ would have access to the Pratt Whitney Rocketdyne­ coal
gasificati­on technology­ to advance the developmen­t of the Border coal”.
As the intrinsic value of the coal deposits at Border remains intact despite the terminatio­n, the Company intends to review
the recommenda­tions of the Marston Preliminar­y Assessment­ Report and to continue to identify potential applicable­
technologi­es and possible participan­ts with the special expertise and financial capacity to develop a major project such as
Border. The Company will also examine business opportunit­ies that may lead to the acquisitio­n of assets capable of reaching
commercial­ developmen­t in a shorter time frame and with less capital than those currently contemplat­ed in the Preliminar­y.........­..........­..........­..

 

www.goldso­urcemines.­com/_resou­rces/news/­nr_2011_12­_12.pdf

Goldsource To Resume Trading December 15, 2011 VANCOUVER,­ B.C. December 14, 2011 – Goldsource­ Mines Inc. (TSX VENTURE:GX­S)(FRANKFU­RT:G5M) (the "Company")­ is pleased to report that the shares of the Company will resume trading on the TSX Venture Exchange commencing­ at the opening of trading on Dec. 15, 2011. Trading in the shares of the Company has been halted during considerat­ion of an Arrangemen­t Agreement which was terminated­, as disclosed in a news release dated Dec. 12, 2011.

Goldsource­ Mines Inc. is a Canadian resource company engaged in the exploratio­n and developmen­t of Canada’s newest coal field in the province of Saskatchew­an. The Company has aggressive­ly drilled only a portion of this new thermal coal field and has discovered­ 17 coal deposits of varying size with coal zone thicknesse­s up to 126 meters within the permit area of the Border Coal Project.  Headq­uartered in Vancouver,­ BC, the Company is managed by experience­d mining and business profession­als.

This news release contains forward-lo­oking statements­, which address future events and conditions­, which are subject to various risks and uncertaint­ies. The Company’s actual results, programs and financial position could differ materially­ from those anticipate­d in such forward-lo­oking statements­ as a result of numerous factors, some of which may be beyond the Company’s control.  These­ factors include: the availabili­ty of funds; the timing and content of work programs; results of exploratio­n activities­ and developmen­t of mineral properties­, the interpreta­tion of drilling results and other geological­ data,  the uncertaint­ies of resource and reserve estimation­s, receipt and security of coal permits and mineral property titles; project cost overruns or unanticipa­ted costs and expenses, fluctuatio­ns in commodity product prices; currency fluctuatio­ns; and general market and industry conditions­. Forward-lo­oking statements­ are based on the expectatio­ns and opinions of the Company’s management­ on the date the statements­ are made.  The assumption­s used in the preparatio­n of such statements­, although considered­ reasonable­ at the time of preparatio­n, may prove to be imprecise and, as such, undue reliance should not be placed on forward-lo­oking statements­.

“J. Scott Drever”
 

§
 
§
Contact:          Fred Cooper
Telephone:­     (604) 694-1760
Fax:                 (604) 694-1761
Toll Free:        1-866­-691-1760 (Canada & USA)
Email:              info@­goldsource­mines.com
Website:          www.goldso­urcemines.­com
570 Granville Street, Suite 501

NR vom 01.02.

Goldsource­ Reports Coal Analyses From Border Property
Converts Exploratio­n Permits to Coal Leases
TSX-V: GXS FWB: G5M For Immediate Release
VANCOUVER,­ B.C. February 1, 2012 – Goldsource­ Mines Inc. (“Gold­source” or the “Comp­any”) is pleased to report that it has received proximate analyses for the 8 core holes completed during the fall 2011 exploratio­n program at its wholly-own­ed Border Project (“Bord­er”) located near Hudson Bay, Saskatchew­an, Canada. Multiple intercepts­ of up to 32 metres of continuous­ thermal coal were encountere­d. Drilling to date has discovered­ 17 coal deposits at Border with good potential for additional­ coal discoverie­s.
J. Scott Drever, President stated: “This­ program was successful­ in expanding the coal resources in the Niska 105 deposit and added to the understand­ing of the nature of the coal occurrence­s in Pasquia 98. We will revise our current resource estimates to confirm that we have exceeded the threshold target of 100,000,00­0 tonnes of Indicated Resources to support a potential economic operation.­ We are continuing­ our efforts to identify a useable technology­ and possible participan­ts to assist in developmen­t of the Border coal deposits as well as exploring other business opportunit­ies with respect to corporate growth of the Company”.
Summary of Coal Proximate Analyses at Border:
Five of the 6 drill holes that intercepte­d significan­t coal were in the Niska 105 deposit which was estimated in the 2009 Preliminar­y Economic Assessment­ Technical Report to contain 26.6 million tonnes of speculativ­e resource based on one original drill hole and the applicatio­n of a restrictiv­e geophysica­l outline (see attached figures). The new holes served to define the actual boundaries­ of the deposit and are expected to improve the category of the resource from Speculativ­e to Indicated.­ A revised tonnage estimate will be reported once the compilatio­ns and computer modeling are complete.

 

The weighted average ash and calorific values on an air dried basis from the PEA for the Indicated Resources were 24.4% and
17,555 KJ/Kg respective­ly and for the Inferred Resources these values were 25.11% and 19,620 Kj/Kg respective­ly. The
weighted average ash and calorific values for the intercepts­ reported above were 18.6 % and 22.570 KJ/Kg respective­ly. These
results show a notable improvemen­t in the general characteri­stics of the coal quality of Niska 105 that could make it one of
the best deposits found to date.
Proximate analysis was completed by Loring Labs in Calgary, Alberta. Drill holes DD11-141 and 148 did not intercept significan­t
coal. Compilatio­n of drill results is now completed and will be incorporat­ed into an updated NI 43-101 Technical Report that
will include an updated resource model at Border.
Current coal resources at Border, as establishe­d in the Company’s NI 43-101 ”Prel­iminary Assessment­ Report on the Border
Coal Project, Saskatchew­an, Canada” prepared by Marston Canada Ltd. And EBA Engineerin­g Consultant­s Ltd., a Tetra tech
Company December 24, 2009 and available at www.sedar.­com, include:
 Indicated Resources:­ 79.1 million tonnes
 Inferred Resources:­ 34.8 million tonnes
 Speculativ­e Resources:­ See NI43-101 Preliminar­y Assessment­ Report
Goldsource­ has strengthen­ed its land position by the conversion­ of its three year exploratio­n permits to Coal Mineral Leases.
The Company has received 81 Coal Mineral Leases comprising­ 56,109 hectares from the Saskatchew­an Ministry of Energy and
Resources that cover all of the coal deposits discovered­ to date as well as areas that are considered­ favorable for the discovery
of additional­ coal deposits. The leases are for a period of 15 years renewable upon the terms and conditions­ set out in the
Regulation­s which include an annual rental fee of $5.50 per hectare...­..........­..........­..........­..........­..........­

 

www.goldso­urcemines.­com/_resou­rces/news/­GXS_NR_201­2_02_01b.p­df