Investorideas.com - The #Battery Race in the US and How #Lithium Plays a Leading Role; (TSXV: $SLL.V) (OTCQB: $STLHF) (NASDAQ: $MXWL) (NASDAQ: $TSLA) (NYSE: $ALB)

Investorideas.com - The #Battery Race in the US and How #Lithium Plays a Leading Role; (TSXV: $SLL.V) (OTCQB: $STLHF) (NASDAQ: $MXWL) (NASDAQ: $TSLA) (NYSE: $ALB)

The #Battery Race in the US and How #Lithium Plays a Leading Role; (TSXV: $SLL.V) (OTCQB: $STLHF) (NASDAQ: $MXWL) (NASDAQ: $TSLA) (NYSE: $ALB)

Point Roberts, WA and Delta, BC - February 6, 2019 (Investorideas.com Newswire) Investorideas.com, one of the first global investor news source covering renewable energy with its Renewableenergystocks.com content, looks at the race for the best batteries as sustainability becomes a mandate and how lithium will play a leading role.

On Monday, February 4th, investors were charged up as Maxwell Technologies, Inc. (Nasdaq: MXWL), a developer and manufacturer of energy solutions announced it has entered into an agreement to be acquired at $4.75 per share by electric car company, Tesla, Inc. (Nasdaq: TSLA). The stock traded over 18 Million shares and was up over 49 % for the day.

"We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Dr. Franz Fink, President and Chief Executive Officer of Maxwell. "We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla's mission of accelerating the advent of sustainable transport and energy."

Paramount to the future of the evolution of the auto industry is lithium. According to a report from Edinburgh Partners, "demand is expected to increase by a factor of 3-4 times by 2025 with the vast majority of the growth driven by pure Battery Electric Vehicles (BEV)."

Standard Lithium (TSXV:SLL) (OTCQB:STLHF) is well positioned as a strategic US source of battery quality lithium materials and is currently focused on the immediate development of its flagship, 180,000 acre Smackover Lithium project located in southern Arkansas.

Standard Lithium just reported a combined Arkansas lithium brine resource of 3,888,000 tonnes LCE. Robert Mintak, CEO said, "This combined project in Southern Arkansas positions us as the largest lithium brine resource in the US; a significantly expanding market that currently relies on imports of foreign lithium."

The Company announced January 9th that it produced its first quantity of battery quality (>99.56% purity) lithium carbonate due to its AI-powered continuous crystallization technology. Its breakthrough rapid lithium extraction process reduces the recovery time of extracting lithium from brine from the current industry method that takes years, to as little as a few hours.

Standard Lithium's recovery time may give them an edge on even some of the leaders, like Albemarle Corporation (NYSE: ALB), based in Charlotte, NC. Albemarle says in its presentation, "Obtaining capabilities to bring lithium from mine to market takes time."

How important is lithium to the US economy? Just recently, Energy Secretary Rick Perry launched a recycling initiative to recover the critical elements in lithium-ion batteries, calling it 'a matter of national security.'

"We aim to reduce our dependence on foreign sources of this material by encouraging entrepreneurs to capture up to 90 percent of America's lithium-based battery technology," Perry said.

They also note, "The lithium industry is still maturing from a technical and commercial perspective and does not behave like a commodity industry."

Examples of advanced lithium materials from Albemarle include: patented lithium-based materials to enable long cycle life; Li2S - a key ingredient in next frontier solid separators; and lithium metal foils for next frontier anodes.

Albemarle says it is their goal to provide material to this industry to support and increase the success of lithium-ion technology, not only in mobile communication and power tool (PWT) applications, but also in electric mobility.

Looking to the future, Albemarle also states, "the next generation of lithium batteries is on the horizon already."

And the next generation of investors is betting on this sustainable technology. According to TD Ameritrade, looking at trading purchases over the last few months, Millennials bought Tesla (Nasdaq: TSLA), while the total population did not.

So the race is on; Simon Moores of Benchmark Minerals Tweeted, "We are in the midst of a global battery arms race in which the US is a bystander. Since my last testimony only 14 months ago we have gone from 17 to 70 lithium ion battery megafactories in the pipeline."

Companies like Standard Lithium (TSXV: SLL) (OTCQB: STLHF) are ready for the challenge to meet the demands of the future and keep the US in the race.

For investors covering the sector, Investor Ideas has created a directory of cleantech and renewable energy stocks including a lithium stock directory.

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Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis (OTC: $DRDV; CSE: $EXM.C) and Mining (TSXV: $FMC.V, $GIGA.V)

Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis (OTC: $DRDV; CSE: $EXM.C) and Mining (TSXV: $FMC.V, $GIGA.V)

Investor Ideas Adds New Stocks in #Cannabis (OTC: $DRDV; CSE: $EXM.C) and Mining (TSXV: $FMC.V, $GIGA.V)

Point Roberts, WA and Delta, BC - February 1, 2019 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in cannabis and mining.

Investorideas.com is a go-to destination for retail investors and tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its followers and members. (https://www.investorideas.com/membership/)

The newest companies in cannabis are global, with stocks trading on the Canadian, US and Israeli markets and include a medical cannabis operations company, a cannabis delivery service company and a former mining company now involved in cannabis/hemp cultivation for pharmaceutical, therapeutical and nutraceutical industries.

The latest mining companies are both listed on the TSX Venture (TSXV) and are involved in mining for energy metals (copper, uranium, cobalt, nickel).

This week's new Marijuana/Cannabis Stocks Added to the Investor cannabis stock directory:

Cannassure Therapeutics Ltd. (TASE: CSURE.TA) is a subsidiary of Solbar Food Technologies Ltd., a 57 year-old producer of plant based raw materials and solutions for the food and food additives industries. Cannassure holds all the approvals required for establishing a vertically integrated medical cannabis operation and is working in all these areas from breeding, cultivation, extraction, storage, packaging and distribution.

Driven Deliveries, Inc. (OTC: DRVD), previously Results Based Outsourcing Inc. is the only publicly traded cannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the Company provides on-demand marijuana delivery, in select cities where allowed by law. Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion. In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector.

EXMceuticals Inc. (CSE: EXM) Formerly Orofino Minerals Inc - is a cannabis company with a head office in Vancouver, British Columbia and operations in the Democratic Republic of Congo and Uganda. EXM's activities are focused on the sustainable cultivation of cannabis and hemp, and the production of pharmaceutical grade, psychotropic and non-psychotropic cannabis and hemp ingredients for the pharmaceutical, therapeutical and nutraceutical industries. EXM is in the process of obtaining additional licenses and establishing operations across multiple sites in Africa, including Ethiopia, Malawi, Zambia and Burundi. In addition, EXM is in the process of obtaining a license in Portugal for the establishment of a research laboratory, a nursery, and a center for processing and distribution. EXM proposes to export the extracted ingredients to international markets.

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New Mining Companies

Forum Energy Metals Corp (TSXV: FMC.V) has the option to earn a 100% interest in the Janice Lake property from Transition Metals Corp by making further staged cash payments over the next three years. The Company explores for energy metals, including copper and uranium in Saskatchewan, Canada's Number One mining province, in addition to cobalt in Idaho and Oregon. Forum is well positioned for when the uranium market rebounds with interests in 7 drill ready projects in the Athabasca Basin, all assembled by a highly experienced team of exploration professionals with a track record of uranium mine discoveries in Canada.

Giga Metals Corp's. (TSXV: GIGA.V) Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada. Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology. The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of cobalt and nickel to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

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Investorideas.com - Advanced Technology for Rapid Extraction Will Be Key to Meeting Future #Lithium Demand; (TSXV: $SLL.V) (OTC: $STLHF) (NYSE: $ALB) (NYSE: $LTHM) (TSX: $NMX.TO) (OTC: $NMKEF)

Investorideas.com - Advanced Technology for Rapid Extraction Will Be Key to Meeting Future #Lithium Demand; (TSXV: $SLL.V) (OTC: $STLHF) (NYSE: $ALB) (NYSE: $LTHM) (TSX: $NMX.TO) (OTC: $NMKEF)

Advanced Technology for Rapid Extraction Will Be Key to Meeting Future #Lithium Demand; (TSXV: $SLL.V) (OTC: $STLHF) (NYSE: $ALB) (NYSE: $LTHM) (TSX: $NMX.TO) (OTC: $NMKEF)

Point Roberts, WA and Delta, BC - February 1, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering AI and lithium stocks issues a snapshot looking at lithium companies preparing to meet future demands in the market and how technology innovation may play a lead role.

The future of lithium shows a high demand, though there is uncertainty surrounding whether the market will be able to keep up with extraction demands.

Looking at how this all plays out, Albemarle Corporation (NYSE:ALB) and Chile state development agency Corfo recently reached a deal to resolve a contract dispute centered around an amendment to the contract that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to companies seeking to produce battery metals within Chile.

Albemarle operates in Chile's Salar de Atacama, a salt flat in the country´s northern desert that supplies nearly 40 percent of the world´s lithium. Corfo, which leases mining rights in the Salar, had previously threatened to cancel its contract with Albemarle over the dispute, raising the spectre of potential supply disruptions amid booming demand.

The contract amendment that requires Albemarle to provide the ultralight battery metal at a reduced price is meant to spur a value-added lithium industry in Chile.

Albemarle produces most of its lithium from evaporation ponds. In November of 2018, the company's claim to developing a unique process to more than triple its lithium production from Chile's Atacama desert without using more water drew heavy scrutiny. Inside the US, Albemarle has already hinted at the potential of producing lithium to business owners operating near their Magnolia Arkansas operations, which is located nearby to Standard Lithium's potential commercial lithium project.

Conflicting reports regarding Warren Buffett's Berkshire Hathaway's recent alleged interest in new US-based lithium extraction technologies has shone a spotlight on a rising need for innovation. Beyond Buffett's group, there has already been a push from the lithium sector to innovate. Despite lingering doubts about the feasibility of the Berkshire Hathaway project to produce lithium from California geothermal wells, other projects are priming for lithium production from US brines.

Understanding the need to innovate is Standard Lithium (TSX.V:SLL) (OTC:STLHF). Based in Southern Arkansas, with a planned joint venture involving a multi-billion-dollar global specialty chemical company, they are using innovative proprietary AI-powered rapid extraction technologies. This new high-tech approach may improve chances for success in this sector.

As international interests such as Germany and China jostle for position in other places like South America, securing North American lithium deposits is highly sought after domestically. The economic impact could be massive, as Chilean exports alone rose to $949 million in 2018.

Through its German partners, global chemical giant LANXESS and Standard Lithium have secured access to billions of gallons of lithium-rich brine; produced annually as a by-product of one of the world's largest bromine producers every year at their flagship project in Southern Arkansas.

Standard Lithium Ltd. (TSX.V:SLL) (OTC:STLHF) has the infrastructure and investment potential in place to move forward on a massive operating commercial brine-fueled lithium project in the USA. Should the next stages of the pilot and commercial feasibility testing be a success, LANXESS has announced a financial commitment to push the project into production.

Livent Corporation (NYSE:LTHM), focused on South America as well as Australia, calls itself "a world leader in lithium technology" The company also holds 50 product patents.

They also state, "Our control over the entire lithium operations chain-from pumping brine out of the ground to processing it into a range of performance products-enables us to lead the industry in lithium technology."

When discussing the lithium market in an interview, CEO Paul Graves said, "We think demand is going to grow almost five times larger in 2025 than it was in 2017. Our biggest challenge is producing enough to meet the demand - there's a much greater risk that this market is consistently in a deficit in the near future."

Other companies like Nemaska Lithium Inc. (TSX:NMX) (OTC:NMKEF), forecasted to be North America's next big lithium producer, is in the construction stage on its Whabouchi mine in the James Bay region of Quebec, Canada. According to the company's feasibility study, the capex on the project is set at approximately $875 million, of which Nemaska has already spent $272.4 million.

Nemaska Lithium has developed proprietary processes that use electrolysis to produce high-purity lithium hydroxide and lithium carbonate for the lithium battery market. The technology virtually eliminates costly soda ash from the process.

The race to innovate in the lithium sector is on. According to Transparency Market Research, "Key players are focused on the innovation of new technologies in order to gain market share and serve a diverse range of end-user industries."

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Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis, Mining and #Cleantech (CSE: $ASIA.C, $SOW.C, $DOSE.C) (TSXV: $EDDY.V, $LOOP.V)

Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis, Mining and #Cleantech (CSE: $ASIA.C, $SOW.C, $DOSE.C) (TSXV: $EDDY.V, $LOOP.V)

Investor Ideas Adds New Stocks in #Cannabis, Mining and #Cleantech (CSE: $ASIA.C, $SOW.C, $DOSE.C) (TSXV: $EDDY.V, $LOOP.V)

Point Roberts, WA and Delta, BC - January 25, 2019 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in cannabis, mining and cleantech.

Investorideas.com is a go-to destination for retail investors and tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its followers and members. (https://www.investorideas.com/membership/)

All new companies are listed on Canadian-traded Exchanges (CSE or TSX Venture). The latest cannabis companies are involved in agri-tech in Asia, finance for cannabis companies and R&D of drug delivery technologies, respectively. All three are listed on the CSE.

Both the newest mining and cleantech companies are listed on the TSX Venture, with the mining company focused on energy minerals, thereby making it a possible cross-over into cleantech. The latest cleantech company is involved in sustainable transportation/e-mobility ride sharing.

This week's new Marijuana/Cannabis Stocks Added to the Investor cannabis stock directory:

Asia Cannabis Corp. (CSE:ASIA) is an early-stage international agri-technology company centred on the planting, growing, and harvesting of new and valuable strains of hemp and related crops in commercial quantities in South Asia.

Organic Flower Investments Group Inc. (CSE:SOW) an investment holding firm, specializes in providing early-stage financing to private and public companies engaged in a variety of industries, with a focus in the bio-medical, pharmaceutical, and naturopathic sectors including medical and recreational cannabis.

Rapid Dose Therapeutics (CSE: DOSE) is a publicly-traded Canadian biotechnology company that provides innovative, proprietary drug delivery technologies designed to improve outcomes and quality of lives. Through its wholly-owned subsidiary, Rapid Dose Therapeutics Inc., RDT offers Quick, Convenient, Precise and Discreet™ choices to consumers. RDT is focused and committed to clinical research and product development for the healthcare manufacturing industry - including nutraceutical, pharmaceutical and cannabis industries. Within the cannabis sector, RDT provides a turn-key Managed Strip Service Program which enables RDT's QuickStrip™ proprietary drug delivery technology to be licensed by select partners. RDT's service based annuity contracts drive recurring revenue which enables rapid expansion into emerging markets - generating value for consumers and shareholders. Rapid Dose Therapeutics is committed to continually create innovative solutions aimed at multiple consumer segments and future market needs.

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New Mining Companies

Edison Cobalt Corp (TSX: EDDY.V) is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals. Edison Cobalt's acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential.

New Cleantech Companies:

LOOPShare Ltd. (TSX: LOOP.V), a Vancouver company established in 2009 focused on ridesharing, micro mobility and sustainable transportation, and its wholly owned subsidiary Saturna Green Systems Inc. have commercialized a first generation, wireless ruggedized 7" touchscreen dashboard with Telematics functionality for electric inner-city vehicles. LOOPShare's highly specialized display enables a broad range of services for consumer, tourism or commercial use. LOOPShare's purpose is to develop and deploy connected end-to-end solutions for inner-city transportation vehicles, specifically geared toward Transportation as a Service ("TaaS"). Through Zone Operators worldwide, LOOPShare will implement TaaS solutions to offer Commuter Convenience and Tourist applications to subscribers based on LOOPShare's commuter/tourism/business-focused, unique, state-of-the-art wireless two-wheel electric sharing technology. "Loop" is a trademark of LOOPShare Ltd.

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The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

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 and disclosure info: https://www.investorideas.com/About/Disclaimer.asp.

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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

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Investorideas.com - #Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au

Investorideas.com - #Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au

#Miningstocks: Goldsource (TSXV: GXS) (OTCBB: GXSFF)Announces Salbora High-Grade Discovery; 69 Metres (40 Metres Est. True Width) Grading 6.52 g/t Au

Vancouver, British Columbia - January 23, 2019 (Newsfile Corp.) (Investorideas.com Newswire) Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to report a new high-grade discovery from the first two diamond core hole results based on the ongoing exploration program at the Salbora target ("Salbora"), Eagle Mountain Gold Project ("Eagle Mountain" or "Project") in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain.

The Company's first two diamond core holes include EMD18-053 with 40.0 metres (est. true width) grading 6.52 grams per tonne ("g/t") gold ("Au") and EMD18-052 with 17.0 metre (est. true width) grading 2.82 g/t Au. Results from these near-surface diamond core holes show high-grade gold mineralization below the previously announced surface trench, TRBS18-002, which returned 123 metres (horizontal width) grading 1.92 g/t Au (see news release dated May 24, 2018). The estimated mineralized footprint at surface, determined by initial work to date, is 500 metres long, 50 to 100 metres wide, unknown depth from surface, and open in all directions (see attached Figures). Step out diamond core drilling is planned at Salbora in H1, 2019 to help further define this high-grade discovery.

Yannis Tsitos, President, commented, "These first deeper drill holes at Salbora improve our understanding of the previously announced high-grade results, which included trenching and shallow sonic core drilling. Surface projection of gold mineralization to depth is apparent and remains open in all directions. These diamond drilling results indicate the potential to delineate a near surface, wide, high-grade gold deposit at Salbora which would expand the current resources at Eagle Mountain. Hole EMD18-053 is the Company's best drill hole to date on the Project. The Company is starting a step out diamond drilling program on 50 to 100 metre centres along the suggested strike of Salbora to test continuity of high-grade mineralization and further increase our understanding of the overall grade and size of this discovery."

The following table sets out the detailed results for the Company's first two diamond core holes EMD18-052 and 53 (uncut, undiluted):

Note: All numbers rounded.
*Cutoff grade of 0.3 g/t Au.

All geochemical analyses were completed by Actlabs Guyana Inc. in Georgetown, Guyana.

Holes EMD18-052 and 53 were drilled from the same collar position in opposite directions. The combined estimated true width of the gold mineralization from both drill holes appears to be 57 metres, assuming a near-vertical mineralized dip. Both holes intercepted near surface high-grade gold mineralization in saprolite and hard rock. Estimated true widths of mineralization are preliminary and more drilling is required to confirm current geologic assumptions as presented in the attached Figures.

The Salbora discovery is located within a northwest-southeast regional structural trend several kilometres in length. Locally, the high-grade mineralization at Salbora is found within a wide near-vertical shear zone hosted in Guyanese Shield greenstones of metavolcanics and metasediments, intruded by granitoids. Gold mineralization is associated with quartz veining, stockwork and breccia within the shear zone and appears to generally correlate with disseminated sulphide (primarily pyrite) content within the hard rock, which is mainly mafic volcanics. At Salbora, saprolite is an estimated 15 to 35 metres thick.

To date, Goldsource has completed two diamond core holes (173 metres) as presented in this news release, 14 sonic shallow core holes (161 metres), 113 shallow auger drill holes (436 metres) and 11 horizontally and vertically sampled trenches (928 metres) at Salbora. Please refer to 2018 news releases dated May 24, July 12, and October 25 for previous results on Salbora. All results with gold mineralization are considered near surface and several drill holes ended in gold mineralization. Several additional auger and sonic core holes are pending results and will be reported, once they are received and compiled. Step out diamond core drilling of approximately 1,500 metres (10 to 15 holes) is planned for Salbora in H1, 2019.

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, Executive Chairman 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 working aggressively to develop its advanced-stage, 100%-owned Eagle Mountain saprolite and hard-rock gold project in Guyana, South America. From 2016 to 2017, through a gravity pilot plant initiative, the Company completed testing on gravity-only gold production and both dry and wet mining open-pit techniques. Goldsource is now focused on delivering feasibility studies to achieve large-scale gold production at Eagle Mountain. Goldsource is led by an experienced management team, proven in making exploration discoveries and in project construction.

Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.

For Further Information:

Goldsource Mines Inc.
Contact: Ioannis (Yannis) Tsitos, President
Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1760
Fax: +1 (604) 357-1313
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

CAUTIONARY STATEMENT AND FORWARD-LOOKING DISCLAIMER

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements concern Goldsource's strategic plans, timing and expectations for the Company's exploration and drilling programs at Eagle Mountain; and information regarding high grade areas projected from sampling results and drilling results. 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; accuracy of assay results and 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; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds 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.

Neither TSXV 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.

Figure 1: Eagle Mountain Project Exploration and Resource Expansion Targets January 2019

Figure 2: Eagle Mountain Gold Project: Salbora Target

Figure 3: Salbora Cross Section (Looking North)

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