Goldsource Mines Inc.

Goldsource Mines Inc.

December 15, 2008 15:36 ET

Goldsource Appoints Vice President of Operations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) - Goldsource Mines Inc. (the "Company") (TSX VENTURE:GXS) is pleased to announce the appointment of Ms. Wendy Mathison as Vice President of Operations of the Company.

J. Scott Drever, President of the Company, commented: "We are delighted that Ms. Mathison has agreed to join Goldsource and bring her considerable expertise to the management and development of the Company's projects and corporate affairs. Initially she will be responsible for the management of the exploration and development of the Company's coal projects in Saskatchewan and Manitoba. Ms. Mathison's appointment is effective immediately and the Board of Directors and I look forward to working with Ms. Mathison in assembling additional management team members to successfully achieve our initial corporate objective of defining a substantial coal resource at our Border Project in 2009 and ultimately becoming a significant player in the Canadian and international coal business."

Ms. Mathison has a BSc. Geological Science from the University of British Columbia and has more than 25 years of mineral exploration and mining experience. Her breadth of project experience ranges from early reconnaissance exploration to mine commissioning with a specialization in operational management and technical administration of resource definition drilling programs with a focus on advanced stage to mine feasibility projects. Since 2005, Ms. Mathison was the Vice President - Operations of Peregrine Diamonds Ltd. where she successfully supervised a technically challenging, multi-million dollar resource definition program in the Lac des Gras region of the North West Territories. Ms. Mathison has also received accreditation as a Six Sigma business improvement expert, coach and trainer. Prior to her position with Peregrine Diamonds Ltd., Ms. Mathison was Senior Contracts and Land Advisor, North America and Europe, for BHP Billiton World Exploration Inc.

The Company also announces that it has granted a stock option to Ms. Mathison for the purchase of 50,000 common shares of the Company for a term of 5 years at an exercise price of $1.50 per share. The option is subject to such vesting period as determined by the Board. All shares issuable on exercise of the option are subject to a four-month hold period commencing from the date of the option grant.

J. Scott Drever, President


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