Source Reports Channel Sample Results of Up to 24 Metres of 5.5g/t Gold

- January 12th, 2011

Source Exploration Corp. (CVE:SOP) reports preliminary assay results for its underground sampling program at its recently acquired Las Minas project, Mexico and the appointment of Ewan S. Downie as non – executive Chairman of the Board.

Source Exploration Corp. (TSXV:SOP) reports preliminary assay results for its underground sampling program at its recently acquired Las Minas project, Mexico and the appointment of Ewan S. Downie as non – executive Chairman of the Board.

The press release is quoted as saying:

Preliminary sampling results have been received for the sampling of Adit # 2 at the historic Las Boquillas mine, one of the primary targets on the property. The walls of the existing openings were sampled and details are provided in the attached drawing of the underground workings. The highest assay values received include 20.5 g/t gold, 40.4 g/t silver and 2.08% copper. Thirty one samples taken at Las Boquillas, or 43 percent of the total samples, graded greater than 1.0 g/t gold. Results of the sampling program completed Las Boquillas are shown in Table 1 and a summary is provided in Table 2.

Source Exploration’s President and CEO, Brian Robertson says:

“These robust preliminary results clearly demonstrate the potential to define significant bulk tonnage zones at Las Minas and will help to guide our upcoming drill program. The “Endo-skarn” mineralization (within the intrusion) at Las Boquillas bodes well for continuation of the mineralized zones to depth in the host intrusion.”

Click here to access the entire news release.

Click here to access Source’s company profile.

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