GXS Goldsource Mines Inc

Goldsource Mines Inc. (the "Company") (TSX VENTURE:GXS)(FRANKFURT:G5M) is
pleased to announce that the Company's Audited Financial Statements for the year
ended December 2011 were received and accepted at its Annual General Meeting
held on June 20th, 2012. Shareholders of the Company also considered and
approved resolutions in favor of:




--  re-election of Donald Berkey, J. Scott Drever, Graham C. Thody, Lukas M.
    Maree and Steven B. Simpson as the Directors of the Company; and 
--  re-appointment of Ernst & Young LLP as Auditor of the Company.



Subsequent to the Annual General meeting the duly constituted Board of Directors
approved the following appointments:




--  President & Chief Executive Officer: J. Scott Drever 
--  Chief Financial Officer: Barney Magnusson 
--  Chief Operating Officer: N. Eric Fier 
--  Corporate Secretary: Bernard Poznanski



J. Scott Drever, President, stated: "We wish to thank our shareholders for their
support over the past several years as the Company endeavors to develop its coal
resources at its Border Property in Saskatchewan. Progress was made in 2011 with
the announcement of a revised NI43-101 resource estimate. The Company continues
to examine alternative methods and opportunities by which the value of this
substantial energy source can be monetized." 


The TSX-Venture Exchange has requested that Goldsource advise that Mr. Fred
Cooper has been retained and employed as an investor relations provider on
behalf of the Company since 2005.


Goldsource Mines Inc. is a Canadian resource company engaged in the exploration
and development of Canada's newest coal field in the province of Saskatchewan.
The Company has aggressively drilled only a portion of this new thermal coal
field and has discovered 17 coal deposits of varying size with coal zone
thicknesses up to 126 meters within the permit area of the Border Coal Project.
Headquartered in Vancouver, BC, the Company is managed by experienced mining and
business professionals. 


This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
coal permits and mineral property titles; project cost overruns or unanticipated
costs and expenses, fluctuations in commodity product prices; currency
fluctuations; and general market and industry conditions. Forward-looking
statements are based on the expectations and opinions of the Company's
management on the date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not
be placed on forward-looking statements.


J. Scott Drever, President

GOLDSOURCE MINES INC.

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