SOURCE: IO News Wire

IO News Wire

December 01, 2009 07:30 ET

(OTCBB: SRGL) Receives Assay Results from Initial Test Samples

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - December 1, 2009) - December 1st, 2009, Source Gold Corp (OTCBB: SRGL) announced on November 27th, 2009 that they have received the initial results from the samples taken at their KRK West Property inside of the Beardmore-Geraldton belt in Northwestern Ontario, Canada.

Assays from the Little Brother Claim Group show 9.55 ounces of high grade gold per ton and high grade copper of 15.5%

The Beardmore-Geraldton mineral belt has produced 4.1 million ounces of gold from several deposits located along its 84 kilometers east-west extent. Favorable Archean metasedimentary and metavolcanic formations within the belt have been intruded by younger igneous stocks that are thought to have remobilized metals into favorable greenstone and intrusive hosted shear zones and associated quartz veins. Initial exploration, trench and channel sampling and mapping have helped Source Gold identify possible gold and other mineral producing areas with high level gold and heavy metal deposits remaining. The results should be encouraging enough for Source Gold to continue with mining efforts.

Other active stocks are: Medclean Technologies (OTCBB: MCLN) Kinross Gold Corp (NYSE: KGC) Richmont Mines Inc (AMEX: RIC)

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