Goldsource Mines Inc. (TSE:GXS) has released an update.
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Mako Mining Corp. is set to acquire Goldsource Mines Inc., combining Mako’s profitable operations in Nicaragua with Goldsource’s Eagle Mountain Gold Project in Guyana, aiming to create a more diversified and scalable gold production company. The merger will bring together a management team with a strong track record in mine construction and operation, with the promise of a robust project pipeline, significant cash flow, and district-scale exploration potential. The alliance is expected to leverage Mako’s construction expertise and financial resources to expedite the development of the Eagle Mountain project, enhancing the new company’s growth potential.
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