• 80.0 Metres Grading 2.07 gpt Au
• 57.5 Metres Grading 2.55 gpt Au
• 76.5 Metres Grading 1.18 gpt Au

Vancouver, British Columbia--(Newsfile Corp. - November 13, 2019) - Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to announce expansion drill results for the Salbora deposit ("Salbora") located approximately 1.5 kilometres northwest of the main Eagle Mountain Gold Project in Guyana, South America. In summary, the drill results have expanded Salbora to a current high-grade footprint of approximately 600 metres long by 10 to 150 metres wide, narrowing to the south, by 75 to 150 metres deep (see attached Figures). Gold mineralization is open in most directions. Newly reported hole EME19-019 is a step out hole that is 150 metres north of the Salbora discovery holes and intercepted 76.5 metres grading 1.18 grams per tonne ("gpt") gold ("Au"). New drill results have doubled the drill-tested strike length of gold mineralization and confirmed sulfide-rich gold mineralization that is suggested in geophysical interpretations (please refer to the Company's news release dated August 28, 2019). From the total drilling at Salbora of approximately 8,250 meters, the weighted average gold grade within this semi-continuous mineralized footprint is 2.58 gpt Au. This makes the Salbora deposit the highest grade, gold mineralized, near-surface deposit on the Eagle Mountain property and a significant complement to the nearby Eagle Mountain deposit which contains an established indicated resource of 3.9 million tonnes grading 1.49 gpt gold (188,000 ounces of contained gold) and inferred resources of 20.6 million tonnes grading 1.19 gpt gold (792,000 ounces of gold). Please refer to the Technical Report "Preliminary Economic Assessment of the Eagle Mountain Saprolite Gold Project, Guyana" dated September 12, 2014 ("the PEA") for further information. The PEA excludes Salbora and other peripheral targets near Eagle Mountain defined by drilling since May 2017.

Yannis Tsitos, President, commented, " We are pleased with additional positive drill results at Salbora. Doubling the length of the deposit through drill-testing is crucial in our goal to reach a critical mass for Eagle Mountain of 600 to 800 thousand ounces of gold in the saprolite resource, plus a hard rock resource, to finalize the ongoing pre-feasibility study. In addition, drilling will continue to test new targets as defined by geology and geophysical anomalies. Initial diamond drilling has already started over priority targets, namely Toucan (formerly Coolie), Powis and Friendly to the south and to the north of Salbora. An expanded IP geophysical survey is also in progress to define potential other target areas for drilling."

The Company's most significant drill result in this news release is:

• EME19-015 with 80.0 metres grading 2.07 gpt Au, including of 22.5 metres grading 5.45 gpt Au.

Noteworthy drill results in this news release are:

• EME19-013 with 25.5 metres grading 2.38 gpt Au;
• EME19-016 with 57.5 metres grading 2.55 gpt Au, including of 18.0 metres grading 3.06 gpt Au;
• EME19-019 with 76.5 metres grading 1.18 gpt Au, including of 21.0 metres grading 2.36 gpt Au.

The following table shows the most significant results (uncut, undiluted):