Natural Resources >> CEO Interviews >> November 29, 2019
Interview with the President and Director: Goldsource Mines Inc. (OTCMKTS:GXSFF)
Ioannis Tsitos, MSc., is President and Director of Goldsource Mines Inc. (CVE:GXS) (OTCMKTS:GXSFF) (FRA:G5M). The Canadian resource company is 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. Expanding the land package around the project in 2018/2019, including the potentially transformative Salbora Discovery, Goldsource is now focused on delivering feasibility studies to achieve large-scale gold production at Eagle Mountain. Goldsource Mines is led by an experienced management team, proven in making exploration discoveries and in project construction. Mr. Tsitos has nearly 30 years of experience in the mining industry, having spent 19 years with BHP Billiton group. In his time in the industry, he has lived and worked in South Africa, Ecuador, Greece and United Kingdom, and has been working in Canada since 2000. Originally a physicist-geophysicist, he left BHP Billiton in December 2007, where he served as the new business manager for minerals exploration based in Vancouver. He has been instrumental in the identification, negotiation and execution of more than 50 exploration agreements with juniors, majors as well as with state exploration and mining companies. Mr. Tsitos has also been part of two discovery teams with BHP Billiton in porphyry-copper and nickel-sulfide deposits. He holds a B.S. degree in physics from the University of Athens and a master’s degree in applied geophysics and geology from the University of Birmingham, U.K. In addition, he completed management and finance studies as part of an MBA program with Herriot Watt University, Edinburgh. Mr. Tsitos sits on several companies’ boards as an independent director, has published articles in exploration and mining magazines on relevant topics and has been a strong advocate of anti-corruption policies in the mining industry. Profile
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TWST: Please start with a brief introduction and a view to key changes and important new developments at Goldsource over the past year.