In 2006 GoldSource Mines Inc. completed an airborne EM geophysical survey (Fugro Airborne) for diamond exploration.   In April 2008 while drilling geophysical anomalies for diamonds, Goldsource Mines Inc. intersected approximately 23 metres of coal in two discovery drill holes. Now the company has re-processed the 5,700 line kilometres of EM geophysical data in an effort to delineate the aerial extent and the thickness of potential coal zone occurences.

December 10, 2009 ‐ Goldsource Mines Inc.  announces that it has entered into an agreement with Westcore Energy Ltd. pursuant to which Goldsource has agreed to apply its proprietary geophysical matrix to Westcore’s Fugro airborne geophysical data and to provide Westcore with specific drill sites on its Saskatchewan and Manitoba coal lands which, in the opinion of Goldsource, will have a high probability of intersecting significant intervals of coal. Goldsource has completed a significant amount of work and incurred considerable expense since its original Border coal discovery in April of 2008 in developing a proprietary geophysical matrix applicable to Fugro airborne geophysical data which provides a “signature” for prospective coal deposits based on a correlation between airborne geophysical data analyses, down‐hole electronic logs and geological ground proofing through drilling.

As consideration, Westcore will initially issue 100,000 common shares to Goldsource. In the event that Westcore is successful in drilling at least one intercept consisting of not less than 10 metres of coal on each of two drill targets identified by Goldsource (“Success Criteria”), the following additional conditions will apply - Westcore will issue an additional 1.0 million common shares to Goldsource…