Initial drilling by the company at the Toucan target, part of the Salbora-Powis north-south structural corridor, intercepted 66m @ 1.35 g/t Au and 36m @ 2.1 g/t Au. Morphologically, Toucan is an area dominated by breccias and siliceous structures contained in volcanic mafic units and granite. The gold mineralization is contained in subvertical siliceous areas, with chlorite and pyrite breccias. Goldsource has declared its debt-free financial status that will allow it to continue exploration at Eagle Mountain.

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