CORRECTION FROM SOURCE: Goldsource Announces Grant of Stock Options

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - This document corrects and replaces the press release that was issued by Goldsource Mines Inc. today, February 27, 2017 at 9:00 AM EST.

Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") The Company announces the grant of stock options to directors, officers, employees and consultants exercisable for 1,750,000 common shares of the Company at a price of $0.17 per share for a five year term expiring February 21, 2021. Of the stock options granted, 50,000 will be subject to a 12 month vesting schedule pursuant to which 25% shall vest on May 21, 2017 and a further 25% shall vest every 3 months thereafter until fully vested.

ABOUT GOLDSOURCE MINES INC.

Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is currently in the Proof of Concept Phase at it 100%-owned Eagle Mountain Gold Project, located in Guyana. Goldsource is led by an experienced management team, proven in making exploration discoveries and in project construction.

Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.

For Further Information:

Goldsource Mines Inc.
Contact:Ioannis (Yannis) Tsitos, President
Fred Cooper, Investor Relations
Telephone:+1 (604) 694-1760
Fax:+1 (604) 694-1761
Toll Free:1-866-691-1760 (Canada & USA)
Email:info@goldsourcemines.com
Website:www.goldsourcemines.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.