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To: Goose94 who wrote (8354)

8/29/2014 3:20:13 PM

From: Andrew~

Read Replies (1) | Respond to of 203397

SOP-V
Source Drilling Links Juan Bran and El Dorado Zones Significantly Expanding Mineralization at Las Minas

THUNDER BAY, ONTARIO--(Marketwired - Aug. 29, 2014) - Source Exploration Corp. (the "Company" or "Source") (TSX VENTURE:SOP) is pleased to announce that discovery holes at the new Juan Bran target at its Las Minas gold project located in Veracruz State, Mexico have linked the Juan Bran and El Dorado zones, extending the flat lying mineralized zone from 170 metres to 420 metres in width - see Figure 1 and Table 1 below.

Mineralized intercepts at the Juan Bran zone in recent drilling include 42.5 metres grading 1.55 g/t Au Eq(1) in hole LM-14-JB-01 and 20.1 metres of 2.34 g/t Au Eq in LM-14-JB-02, indicating a significant thickening of the zone. Step-out drilling to the north of the Juan Bran discovery holes intersected skarn mineralization over an area approximately 350 metres by 250 metres, with the system remaining open for expansion.

Juan Bran Discovery Highlights include:

1.55 g/t Au Eq over 42.5 metres in LM-14-JB-01

4.45 g/t Au Eq over 6.0 metres in LM-14-JB-02 Upper Zone including

12.67 g/t Au Eq over 2.0 metres, and

2.34 g/t Au Eq over 20.1 metres LM-14-JB-02 Lower Zone, including

3.10 g/t Au Eq over 15.1 metres

1.82 g/t Au Eq over 10.0 metres in LM-14-JB-04

To view Figure 1 Cross Section Juan Bran - El Dorado Drilling, please click here:http://media3.marketwire.com/docs/SOP-82914-fig1.pdf

For a map showing the location of the Juan Bran drilling and the El Dorado mineralized skarn zone, please click here:http://media3.marketwire.com/docs/Map%20-%20Juan%20Bran%20Drilling.pdf

For a photo of the drill core from hole LM-14-JB-02, please click here: media3.marketwire.com

"We are highly encouraged by the significant expansion and thickening of mineralization at El Dorado, which provides further confirmation that the mineralized footprint at Las Minas is extensive," stated Brian Robertson, President and CEO. "Our planned Phase 3 drilling will target the extension of the Juan Bran zone into the strong magnetic anomaly to the south as we focus on the potential merging of the zone with the high-grade Santa Cruz zone."

The Santa Cruz zone, which is located approximately 300 metres to the south and defined by a strong magnetic high anomaly, has returned multiple high-grade intercepts in recent drilling. Discovery hole LM-11-SC-45 graded 19.56 g/t Au Eq over 10.0 metres including 43.83 g/t Au Eg over 4.0 metres within 20.0 metres grading 10.33 g/t Au Eq - see press release January 26, 2012. Hole LM-14-SC-08 cut 3.57 g/t Au Eq over 99.0 metres including 24.11g/t Au Eq over 9.60 metres within 39.0 metres grading 7.42 g/t g/t Au Eq. and Hole LM-14-SC-10 assayed 5.62 g/t Au Eq over 17.0 metres - see press release August 6, 2014.

Table 1 Juan Bran Drill Results

Juan Bran Drill Results
Hole ID (Az/Dip)		From (m)	To (m)	Intercept (m)	Au (g/t)	Ag (g/t)	Cu (%)	Au Eq (g/t)	Comments

LM-14-JB-01 (90/-50)		105.0	118.0	13.0	0.55	1.77	0.53	1.48	Upper zone
	And	131.5	174.0	42.5	0.77	2.35	0.48	1.55	Lower zone

LM-14-JB-02 (0/-90)		13.5	19.5	6.0	4.43	0.33	0.01	4.45	Upper zone
	Including	13.5	15.5	2.0	12.65	0.70	0.01	12.67
	And	98.4	118.5	20.1	0.87	3.76	0.83	2.34	Lower zone
	Including	99.4	114.5	15.1	1.15	4.93	1.10	3.10

LM-JB-03 (270/-70)		111.9	127.8	15.9	0.55	0.31	0.11	0.75
	Including	111.9	119.9	8.0	0.88	0.46	0.17	1.18

LM-14-JB-04 (90/-50)		58.2	74.3	16.1	0.53	6.10	0.51	1.51
	Including	64.3	74.3	10.0	0.70	4.40	0.61	1.82

LM-14-JB-05 (0/-90)		84.1	92.0	7.90	0.26	1.46	0.22	0.65
	Including	84.1	87.6	3.50	0.50	2.73	0.38	1.20

LM-14 -JB-06 (270/-70)		12.2	30.5	18.3	0.29	2.53	0.16	0.60

LM-14-JB-07 (0/-90)		78.4	91.4	13.0	0.32	1.17	0.46	1.13
	Including	83.4	91.4	8.0	0.44	1.52	0.54	1.38

LM-14-JB-08 (0/-90)		NSV - Intersected weakly mineralized diorite dyke

All reported intervals referred to in this news release are core lengths and additional information is required to determine true widths. Assays are uncut, length-weighted average values.

	(1) Gold equivalent (Au Eq) calculations use metal prices of US $1200/oz. for gold, US $19.00/oz. for silver and US $3.00/lb. for copper. No adjustments have been made for potential relative differences in metal recoveries.

Au Eq g/t equals Au g/t + (Ag g/t x 0.016) + (Cu% x 1.71).

Juan Bran Drilling

Discovery diamond drill holes LM-14-JB-01, 02 & 03 were drilled in a fan pattern from a single drill site located approximately 200 metres to the west the El Dorado skarn zone. Drill hole LM-14-JB-01 was drilled at -50 degrees to the East and intersected an upper zone of 13.0 metres grading 1.48 g/t Au Eq followed by a deeper zone of 42.5 metres of mineralization grading 1.55 g/t Au Eq. Hole LM-14-JB-02 was drilled vertically and also intersected two zones of similar mineralization. The upper zone, graded 4.45 g/t Au Eq over 6.0 metres, followed by a deeper zone grading 2.34 g/t Au Eq over 20.1 metres. Hole LM-14-JB-03 intersected 15.9 metres of mineralization at approximately 250 metres west of the LM-14-ED-08. Step-out holes LM-14-JB-04, 05, 06, 07, and 08 were drilled as a NW-SE fence along the strike of the Juan Bran zone over a length of approximately 400 metres. Hole LM-14-JB-08 cut a diorite dyke with low grade gold, silver and copper values.

About Juan Bran Target Area Discovery

The Juan Bran area is one of six significant mineralized areas explored to date by Source, within an overall area measuring approximately 1.8 kilometres by 1.5 kilometres or 2.7 square kilometers covering 270 hectares. The six target areas form the core of a mineralized skarn zone that is exposed at the contact of a granodiorite intrusion and the overlying limestone. The intrusive complex measures more than 10 kilometres in diameter and is outlined by several historical mine workings and recent drilling.

About Las Minas

The Las Minas Project hosts near-surface gold-silver and copper skarn mineralization and high-grade gold-silver epithermal vein deposits. The project is comprised of six mineral concessions covering approximately 1,616 hectares (3,995 acres), with several small high-grade, past-producing mines and numerous untested targets.

The district is host to one of the largest under explored gold-silver and copper skarn systems known in Mexico, and has a production history that extends back to the Aztec era. The Las Minas granodiorite intrusive measures approximately 10 kilometres in diameter and underlies the Las Minas concessions. The mineralization controls and association with magnetite appear to be similar to parts of the Guerrero Gold belt, which is the site of the Los Filos and Morelos gold deposits.

Las Minas is an early-stage exploration project and does not contain any mineral resource estimates as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The potential quantities and grades disclosed herein are conceptual in nature and there has been insufficient exploration to define a mineral resource for the targets discussed herein. It is uncertain if further exploration will result in these targets being delineated as a mineral resource.

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