Monday, April 04, 2016

Mining Stocks Video Release: Clip of Upcoming Interview with SilverCrest Metals Inc (TSXV: SIL.V)

Mining Stocks Video Release: Clip of Upcoming Interview with SilverCrest Metals Inc (TSXV: SIL.V)



Vancouver BC, Point Roberts WA – April 4, 2016- Investorideas.com, a digital global news source covering leading sectors including mining stocks issues a video promo clip of the upcoming full interview with SilverCrest Metals Inc (TSXV: SIL.V). This week we interview N. Eric Fier, CPG, P.Eng and President /CEO, Director of SilverCrest Metals.

In this clip leading up to the full interview Eric talks about the ups, downs and the cycles of the mining sector and says “I like to make money in a good or bad market and that’s part of our success. We are survivors and everyone at PDAC this year should be applauded for being survivors in this market and we look for a rise in the tide coming.”




See the full interview later this week on Investorideas.com video channel on YouTube: https://www.youtube.com/c/Investorideas

About SilverCrest Metals Inc. (TSXV: SIL.V; OTC: SVCMF) http://www.silvercrestmetals.com
SilverCrest Metals Inc.is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

About Investorideas.com - Big Ideas for Global Investors
Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Disclosure: SilverCrest Metals is an annual publishing client of Investorideas.com, publishing news, video and social media.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

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Wednesday, March 02, 2016

SilverCrest (TSXV: SIL.V) Announces Historic Las Chispas Mine Rehabilitation and Drilling; Huasabas Project Update

SilverCrest (TSXV: SIL.V) Announces Historic Las Chispas Mine Rehabilitation and Drilling; Huasabas Project Update

Vancouver - March 2, 2016 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: $SIL.V) ("SilverCrest" or the "Company") is pleased to announce that it has started rehabilitation of several historic silver-gold mines at its Las Chispas Project ("Las Chispas") located in Sonora, Mexico. Las Chispas is in a prolific mining area which includes current precious metal producers Santa Elena Mine (operated by First Majestic Silver Corp.) and Mercedes Mine (operated by Yamana Gold Inc.). The Company is currently exploring the Las Chispas area to assess the potential for new economic discoveries. All amounts are in Canadian dollars. Please refer to the Company's website at www.silvercrestmetals.com for further information.

N. Eric Fier , CPG, P.Eng, President & CEO stated, "Las Chispas is a very exciting brownfields exploration story. The project area consists of a district size target with multiple historic surface and underground mines that reportedly produced an estimated 100 million ounces of silver and 200 thousand ounces of gold between 1880 and 1930. Reported average production grades from limited public information were approximately 15 grams per tonne (gpt) gold and 1,700 grams per tonne (gpt) silver over widths of 1 to 5 metres. Our initial underground channel sampling of exposed mineralization has shown grades up to 15.1 gpt Au and 1,340 gpt Ag over 1.3 metres. To our knowledge, all mineralized zones in the district, which include multiple epithermal veins, have not been previously drilled. The underground rehabilitation program will help further assess the potential for near surface deposits and deeper extensions of mineralization. A majority of the underground workings have been inaccessible for over 80 years, and historic records suggest several previously developed areas were not mined due to closure around 1930. The Company is well financed with over $6.5 million and the 2016 exploration expenditures are expected to be in the range of $1 to $1.2 million."

In 2016, the Company plans on accessing and evaluating most of the estimated six kilometres of historic workings at Las Chispas. Currently, about two kilometres of these workings are easily accessible with good ground conditions. Initial rehabilitation will take several months to complete and will consist of cleaning and securing all underground areas, removing historic backfill and stockpiling for possible future processing, building a ladder system to access multiple levels, detailed mapping and sampling of accessed workings, and implementation of overall safety protocols. Estimated cost of this initial program is $150,000 to $200,000.

In conjunction with underground rehabilitation, a surface drilling program of approximately 3,000 metres is planned to begin in March 2016 , followed by a 2,000 metre underground drilling program later in the year. This initial drilling will test; 1) near surface targets, 2) underground lateral extensions of previously mined areas, and 3) deeper extensional targets of potential mineralization below the historical workings. Estimated all-in cost for this initial drilling is $1 million.

Initial sampling (134 samples) by the Company of current accessible underground mineralization suggests high grade potential (uncut, undiluted), with the most significant results to date including:

Initial sampling is selective with widths of samples limited to current underground openings (average 1.5 metres) and not by potential actual widths of zones. Historically, some mineralized zones were over 5 metres wide. Underground exposure of the Las Chispas Vein shows an area with multiple veins and stockwork up to 7 metres wide. Detailed continuous channel sampling of this area is underway to determine average continuous grades over wider intervals.

All assays where completed by ALS Chemex in Hermosillo, Mexico and North Vancouver, BC.

Las Chispas consists of multiple mineralized zones containing epithermal quartz veins, quartz and calcite stockwork, and breccias associated with rhyolitic to andesitic dikes in Tertiary volcanic tuffs. Defined mineralized zones are based on available historical data and current accessible workings;

1.    Las Chispas Vein: estimated 1.5 kilometres long, 300 metre depth and 1.5 metres wide,
2.    Guillermo (William) Tell Vein : estimated 1 kilometre long, 200 metre depth and 1.5 metres wide,
3.    Varela 1 & 2 Veins: each estimated at 200 to 300 metres long, 200 metre projected depth and 1.5 metres wide, and
4.    Babicanora Vein: estimated 1 kilometre long, 200 metre projected depth and 2 to 3 metres wide.

Except for the Babicanora Vein, all other veins listed above are parallel and near vertical within a 500 metre wide Northwest-Southeast trend. Several mineralized zones noted in historic data and currently exposed on surface or underground were not previously mined and are targeted for exploration.

Huasabas Project Update
As previously planned, drilling was completed at the Company's 100% owned Huasabas property located in Sonora, Mexico . Approximately 1,091 metres of drilling was completed in 5 core holes. Drill results indicate the presence of a large epithermal system with up to 225 metres of drill intercepted breccias, stockwork veining and banded veins in Tertiary volcanics. Geochemical assay results show that the near surface mineralization is close to the top of the epithermal system with strong Au-Ag-Ba-Sb-As-Hg anomalies. Drill results for the first 5 holes showed multiple intercepts from 5 to 10 metres wide grading 0.1 to 0.3 gpt Au and 5 to 15 gpt Ag. Having established the presence of a large epithermal system, the Company's next steps will be to test the system's extensions to determine the presence of potential economic mineralization. Given the results and the minimal holding cost for the project, the Company's current plan is to maintain the property for future work and currently focus on its Las Chispas Project.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier , CPG, P.Eng, and President and CEO for SilverCrest, who has reviewed and approved its contents.


About SilverCrest Metals Inc. (TSXV: SIL.V; OTC: SVCMF) http://www.silvercrestmetals.com
SilverCrest Metals Inc. is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward‑looking statements concern the exploration, rehabilitation and drilling plans of the Las Chispas Project. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; 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, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

N. Eric Fier , CPG, P.Eng
President & CEO
SilverCrest Metals Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE SilverCrest Metals Inc.

Contact:
SilverCrest Metals Inc.
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 694-1761
Toll Free: 1-866-691-1730 (Canada & USA)
570 Granville Street, Suite 501, Vancouver, British Columbia V6C 3P1


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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.Disclosure: SilverCrest Metals is an annual publishing client of Investorideas.com, publishing news, video and social media.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.




Thursday, February 11, 2016

Goldsource Mines (TSXV: GXS.V) Talks about its Guyana Gold Project at Vancouver Resource Investment Conference 2016

Goldsource Mines (TSXV: GXS.V) Talks about its Guyana Gold Project at Vancouver Resource Investment Conference 2016

Goldseek.com analyst shares his top picks for 2016

Vancouver BC, Point Roberts WA-  Investorideas.com, a  digital global news source covering leading sectors including mining, stocks issues and video coverage from the  recent Vancouver Resource Investment Conference (January 24-25, 2016) , featuring a presentation and commentary about Goldsource Mines Inc. (TSX:GXS.V).

Peter Spina from Goldseek.com talks about his stock picks for 2016 including Goldsource Mines saying, “They are starting production any day in Guyana. It’s a very easy technical project coming under budget.”

Mr. Ioannis Tsitos MSc, President and Director talks about their 100% owned Eagle Mountain Gold Project in Guyana, telling the audience they are on time and on budget.

He also says, “Management has over 200 years in mining experience, and the members of the team have discovered deposits and delivered mines; more than once.”



About Goldsource Mines Inc. (GXS.V) (GXSFF) (G5M.F)
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is progressing its advanced-stage, 100%-owned Eagle Mountain Gold Project in Guyana towards initial staged production in early 2016. Goldsource is led by an experienced management team, proven in making exploration discoveries, achieving construction on time and budget, and fast-tracking production.




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Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.
Disclosure: Investorideas.com was paid five hundred dollars for news and video publication.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar.
Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Contact Investorideas.com
800 665 0411


Wednesday, February 10, 2016

Goldsource Mines (TSXV: GXS.V) Talks about its Guyana Gold Project at Vancouver Resource Investment Conference 2016

Goldsource Mines (TSXV: GXS.V) Talks about its Guyana Gold Project at Vancouver Resource Investment Conference 2016

Goldseek.com analyst shares his top picks for 2016

Vancouver BC, Point Roberts WA-  Investorideas.com, a  digital global news source covering leading sectors including mining, stocks issues and video coverage from the  recent Vancouver Resource Investment Conference (January 24-25, 2016) , featuring a presentation and commentary about Goldsource Mines Inc. (TSX:GXS.V).

Peter Spina from Goldseek.com talks about his stock picks for 2016 including Goldsource Mines saying, “They are starting production any day in Guyana. It’s a very easy technical project coming under budget.”

Mr. Ioannis Tsitos MSc, President and Director talks about their 100% owned Eagle Mountain Gold Project in Guyana, telling the audience they are on time and on budget.

He also says, “Management has over 200 years in mining experience, and the members of the team have discovered deposits and delivered mines; more than once.”




About Goldsource Mines Inc. (GXS.V) (GXSFF) (G5M.F)
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is progressing its advanced-stage, 100%-owned Eagle Mountain Gold Project in Guyana towards initial staged production in early 2016. Goldsource is led by an experienced management team, proven in making exploration discoveries, achieving construction on time and budget, and fast-tracking production.





About Investorideas.com - Big Ideas for Global Investors

InvestorIdeas.com - digital media global news source, PR and social media in leading sectors.
Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.
Disclosure: Investorideas.com was paid five hundred dollars for news and video publication.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar.
Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

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Friday, February 05, 2016

Investorideas.com Attends #VRIC16 to see What's Ahead for #Mining #Stocks in 2016

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Investorideas.com Attends #VRIC16 to see What's Ahead for #Mining #Stocks in 2016

MAG Silver (NYSE: MVG, MAG.TO), Victoria Gold (TSXV: VIT.V) and Erdene Resource Development (TSX: ERD) Present


February 5, 2016 Vancouver BC, Point Roberts WA-  Investorideas.com, a  digital global news source covering leading sectors including mining stocks issues video coverage of the recently held Vancouver Resource Investment Conference (January 24-25, 2016).

The Vancouver Resource Investment Conference #VRIC16 is the world's largest resource investment conference dedicated to resource exploration.

Three presenting companies tell attending investors what to look for in their company this year. Companies include: MAG Silver Corp. (NYSE: MVG, MAG.TO), Victoria Gold Corp (TSXV: VIT.V) and Erdene Resource Development Corporation (TSX: ERD).




MAG Silver Corp. (www.magsilver.com)
MAG Silver Corp. (MAG.TO) (NYSE MKT: MVG) is focused on advancing and exploring high grade district scale projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the silver mining industry. Currently, we are developing the underground decline towards the high grade Valdecañas and Juanicipio silver veins in Zacatecas State, all within the joint venture between MAG Silver (44%) and Fresnillo PLC (56%). In addition, MAG is conducting ongoing exploration at the Juanicipio project, the Salamandra property earn-in, and Guigui while concurrently working to regain surface access to our 100% owned Cinco de Mayo property in Chihuahua State.

Victoria Gold Corp.
 Victoria Gold Corp. is a leading gold exploration and development company. The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold. The Eagle Gold Project is shovel-ready and when in production will produce +200,000 ounces of gold annually at an operation cost of approximately $600 per ounce. The Project is fully permitted for construction and operations. Victoria's shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in Yukon History.

Victoria Gold Corp.'s primary focus given the current market conditions is to preserve shareholder value. Victoria Gold holds a strong cash position which enables the Company to evaluate and take advantage of accretive M&A opportunities.
 Victoria Gold Corp. trades on the TSX-V under the symbol VIT.

About Erdene
Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration, and development of base and precious metals in underexplored and highly prospective Mongolia. The Company holds four exploration licenses and a mining license located in southwest Mongolia. These include: Altan Nar - an extensive, high-grade, near-surface, gold-polymetallic project that the Company is aggressively advancing toward a production decision, however the Company has not yet completed a mining study to support the technical feasibility and economic viability of Altan Nar; Bayan Khundii - a high-grade gold discovery made in Q3-2015 that the Company is currently exploring; Khuvyn Khar - an early-stage, copper-silver porphyry project with multiple drill targets and significant copper intersections; Zuun Mod - a large molybdenum-copper porphyry deposit; Altan Arrow - an early-stage, high-grade, gold-silver project. In addition to the above properties, the Company has an Alliance with Teck Resources Limited on regional, copper-gold exploration in the prospective Trans Altay region of southwest Mongolia. For further information on the Company, please visit www.erdene.com

About Investorideas.com - Big Ideas for Global Investors
InvestorIdeas.com - digital media global news source, PR and social media in leading sectors.
Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.Disclosure
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Contact Investorideas.com
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Wednesday, February 03, 2016

Video Coverage; SilverCrest Metals Inc. (TSX: SIL.V) at Vancouver Resource Investment Conference 2016

Video Coverage; SilverCrest Metals Inc. (TSX: SIL.V) at Vancouver Resource Investment Conference 2016

Goldseek.com analyst shares why SilverCrest Metals is one of his Picks for 2016

Vancouver BC, Point Roberts WA -  Investorideas.com, a digital global news source covering leading sectors including mining stocks issues video coverage of the recently held Vancouver Resource Investment Conference (January 24-25, 2016) , featuring SilverCrest Metals Inc. (TSXV: SIL).

N. Eric Fier, CPG, P.Eng, SilverCrest Metals’ President & CEO, Director gives investors a corporate presentation explaining the history of the company and its  leading properties in Mexico.

Goldseek.com analyst Peter Spina tells investors what he looks for when investing in a gold stock;  “management, property, place, cash and balance sheet.” He then introduces SilverCrest Metals as one of his stock picks for 2016 that he thinks will do well.

Both Peter Spina and N. Eric Fier remind the audience of the previous success of Silvercrest Mines Inc. and how this management team is planning to duplicate their success  and  “do it again” with SilverCrest Metals.  




SilverCrest Metals Inc. (TSXV: SIL.V; OTC: SVCMF) http://www.silvercrestmetals.com
SilverCrest Metals Inc. is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

About Investorideas.com - Big Ideas for Global Investors
InvestorIdeas.com - digital media global news source, PR and social media in leading sectors. Sectors we cover in include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.Disclosure: SilverCrest Metals is an annual publishing client of Investorideas.com, publishing news, video and social media.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Contact Investorideas.com
800 665 0411


Thursday, January 28, 2016

#TSX #Mining News: #Goldsource (TSX: $GXS.V) Begins Commissioning of #EagleMountain Mine

#TSX #Mining News: #Goldsource (TSX: $GXS.V) Begins Commissioning of #EagleMountain Mine
VANCOUVER - January 28, 2016 (www.investorideas.com mining stocks newswire) Goldsource Mines Inc. ("Goldsource" or the "Company") (TSX:GXS.V) is pleased to announce that Phase I construction at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana , South America is complete with commissioning of the operation underway. Production plans for Phase I are based on the Preliminary Economic Assessment of the Eagle Mountain Saprolite Gold Project, Guyana Technical Report ("PEA") dated July 31, 2014. Phase I calls for a 1,000 tonne per day open pit ‑ gravity plant with post-commissioning and ramp up cash operating costs of US$500 to US$600 per ounce of gold.

Yannis Tsitos, President, stated, "We are very pleased with the progress to date at the Eagle Mountain project. With the start of commissioning, Goldsource begins the exciting process of transitioning into a new junior gold producer. Over the next two weeks, we will be completing extensive testing along with dry and wet runs of mined materials through the process facility. The next several months of production ramp up are considered the "proof of concept period" to demonstrate that operational and cost parameters outlined in the PEA are achievable. This will be an important milestone for the Company. Thanks to our dedicated and experienced construction team and management in both Guyana and Canada, we succeeded in completing the mine construction phase with a stellar safety record. We expect the Phase I capital cost for construction to be under budget at less than US$5 million compared to the estimated PEA budget of US$5.9 million."

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier , CPG, P.Eng, and Chief Operating Officer for Goldsource, who has reviewed and approved its contents.


ABOUT GOLDSOURCE MINES INC.
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is progressing its advanced-stage, 100%-owned Eagle Mountain Gold Project, located in Guyana, towards initial staged production in Q1 2016. Goldsource is led by an experienced management team, proven in making exploration discoveries and achieving project construction on time and on-budget.

Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward‑looking statements concern Goldsource's strategic plans and expectations in the PEA for the development of the Eagle Mountain Gold Project; the amount of future production of gold over any period; cash operating costs per ounce of gold; life of mine; estimated pre-production cost; and the Company's ability to commission Phase I production in 2016. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; ability to realize the PEA and develop and finance the project; accuracy of the interpretations and assumptions used in calculating inferred mineral resource estimates; availability of mining equipment; availability of skilled labour; timing and amount of capital expenditures; performance of available laboratory and other related services; and future operating costs. The actual results could differ materially from those anticipated in these forward‑looking statements as a result of the risk factors including: 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 estimations; uncertainty as to actual capital costs, operating costs, production and economic returns at the Eagle Mountain Gold Project; reliance on the PEA; 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, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

SOURCE Goldsource Mines Inc.

Contact:
Goldsource Mines Inc., Contact: Ioannis (Yannis) Tsitos, President, Fred Cooper, Investor Relations, Telephone: +1 (604) 694-1760, Fax: +1 (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

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