Mississauga, ON -- (SBWIRE) -- 01/09/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Goldsource Mines Reports Q4 Results & Updates"
Companies mentioned in this article include Goldsource Mines Inc. (TSX-Venture:GXS).
After an impressive performance in 2016, the gold mining sector is looking to score similarly good scores this year as well. Various industry sources have predicted strong upside for gold prices in 2017. Goldsource Mines Inc. (TSX-Venture:GXS) is a prominent gold mining company which is likely to benefit from these positive trends as the year progresses.
The company announced its fourth quarter results this morning as it showed substantial improvement in its operations. Goldsource Mines reported a 13% increase in processing volume for the fourth quarter of this year as it announced that it processed 39,513 tons. Its average throughput of 527 tonnes per day (tpd) also showed a 13% increase on a year-over-year basis.
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