Gowest Gold - unterbewerteter Junior Gold Explorer aus Kanada - 500 Beiträge pro Seite

[uamini]

Nach langer Wartezeit wird es hier heute interessant:

Gowest Gold Announces Conference Call Wednesday 11am ET Corresponding to Updated Resource
TORONTO, ONTARIO, May 31, 2011 (MARKETWIRE via COMTEX News Network) --
Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA)(OTCBB: GWSAF)(FRANKFURT: 1GW) will announce the Company's National Instrument 43-101 updated gold resource before the market opens on Wednesday, June 1, 2011.
A conference call will be held on Wednesday, June 1, 2011 starting at 11am Eastern Time. Senior Management will be on hand to discuss the results.
Conference Call Access:
-- Canada & US Toll Free: 866-696-5910 -- International & Toronto: 416-340-2217 -- Pass code: 1018302
Archive Call Access:
If you are unable to attend the conference call, a replay will be available until midnight, June 8, 2011 by calling the appropriate number below:
-- Local Toronto Participants: 905-694-9451 -- North American Toll Free: 800-408-3053 -- Pass code: 5768187
About Gowest
Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Frankfield East gold deposit. Gowest is exploring additional gold targets on the 60 square kilometre land package it controls and continuing to evaluate acquisition targets in the vicinity of the Pipestone Fault area, part of the prolific Timmins, Ontario Gold Camp.
Forward-looking statements
This news release contains certain "forward looking statements". Such forward-looking statements involve risks and uncertainties. The results or events depicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.
Contacts: Gowest Gold Ltd. Greg Romain President & CEO [phone] [e-mail] Gowest Gold Ltd. Rory Quinn Investor Relations Toll Free: [phone] or [phone] ext. 208 [e-mail]
SOURCE: Gowest Gold Ltd.
mailto:[e-mail] mailto:[e-mail]
Copyright 2011 Marketwire, Inc., All rights reserved.



Zusammenfassend noch mal der derzeitige Stand:


Grundstück: Frankfield Gold Project (100% Eigentümer) im Timmins Gold Camp in Ontario, Kanada; in unmittelbarer Nähe zu Minen von Gold Corp und Lakeshore Gold

Ressourcen: Derzeit 510.000 oz Gold (NI-43 101 compliant inferred resource); das Ganze basierend auf einem Gebiet mit 450m strike length und einer Tiefe von 400-450m. Die neuesten Bohrergebnisse umfassen gar ein Gebiet von 750m strike length und mindestens 920m Tiefe; die 20 km entfernten Minen von Gold Corp und Lakeshore Gold wurden bis auf eine Tiefe von 1.5 km gedrillt.

Management:"TGR: Who's involved in management there; anyone noteworthy?

VR: There are some people who came from a company called Castle Gold, which was sold about two years ago. But those guys started Castle Gold from scratch and ended up selling it to Argonaut Gold Inc. (TSX:AR) I believe for $150M or close to that. Greg Romain is Gowest's CEO and Darren Koningen leads the exploration team. We like management's no-nonsense approach, which focuses on building ounces and exploring the right way. "

News Flow in 2011:* Neuer NI-43 101 Ressource Report wird in Q2 2011 erwartet; basierend auf dem 20.000-Meter-Drillprogramm von 2010
* 30.000+-Meter-Drillprogramm für 2011 geplant
* Infill-Drilling, um die Ressourcen von inferred auf measured & indicated upzugraden.
* Ziel: "getting into mine development in 2012" (Zitat von Greg Romain)

Bewertung: Gowest wurde in den Ubica Gold 50 Index für junior gold explorer aufgenommen. Ubika Research sieht derzeit eine faire Bewertung von 0.64 USD. Unter der Annahme einer Verdopplung der NI-43 101 Ressourcenwerte und eines Upgrades von 20% der Ressourcen in die measured & indicated Kategorie wird von einer fairen Bewertung in 12 Monaten von 0.80 USD ausgegangen.

Research Report: http://www.smallcappower.com/microsite/view-report.aspx?fid=…
Letzte Bohrergebnisse: http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…" target="_blank" rel="nofollow ugc noopener">http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…
Interview mit CEO: http://www.smallcappower.com/microsite/gowest_amalgamated_re…

Gowest hat ein aktuelles Fact Sheet auf http://www.gowestgold.com/downloads/GWA_Factsheet_May_2011.p…veröffentlicht. Sollten die dort angegebenen Ziele erreicht werden, dürfte es schnell aufwärts gehen. Man darf gespannt sein.

[Ahorne]

Antwort auf Beitrag Nr.: 41.587.085 von uamini am 01.06.11 09:43:01

Hallo uamini

Das nenne ichmal eine Thread Eröffung. Respekt!

Auszug aus dem Fact Sheet:
http://www.gowestgold.com/downloads/GWA_Factsheet_May_2011.p…

Capitalization:
52-Week High/Low – C$0.40/$0.15
Recent Price – C$0.35
Shares Outstanding (basic) – 95.9 million
Shares Outstanding (fully diluted) – 124.6 million
Average Daily Volume – 225,000 shares
Market Capitalization – C$33.5 million
Cash – $1.75 million
Debt – Nil

Highlights
• Targeting updated resource in excess of 1 million ounces in early Q2, 2011.
• 18,000m drill program planned for 2011 phase 1. Up to 4 drills turned in winter 2010/2011.
• Scoping study targeting a 1400 tonne/day 100,000 oz Au/yr operation expected Q3, 2011.
• Targeting +500,000 oz M&I after the 2011/2012 winter drilling program.
• Gold mineralization continuity to surface and multiple parallel gold structures throughout deposit.
• Development targeted for late 2012, short term production potential using existing custom processing facilities in the area.

[ernestokg]

Wieviel Millionen gesicherten Unzen ( Reseven ) haben die denn ?
Bzw wie wird die gesicherte im Boden nachgewiesene Reserve- Unze bewertet.
Wie hoch sind die Abbaukosten ?
Gibt es Abbaugehehmigungen ?

[uamini]

News sind da: http://smallcappower.stockgroup.com/financial_news.asp?story…

Über 1.1 Mio Unzen Gold, davon 350K indicated, das ist mehr als vorher erwartet...mal sehen, was der Markt davon hält.

[diamant01]

Press Release - Gowest Gold Ltd.
Gowest Demonstrates Large High-Grade Gold Deposit Near Timmins, Ontario



Jun 1, 2011 6:00:00 AM
Gold resource estimate includes 838,900 ounces of inferred resources and 348,000 ounces of indicated resources
The discovery cost for the new ounces reflected in the updated resource (2010/11 drilling campaign) is less than CDN$10 per ounce of gold
The gold deposit has been delineated over a strike length of 750 metres and to a depth in excess of 800 metres to date.
The potential for further resource additions remains excellent as the Frankfield East deposit mineralization remains open at depth. In addition a number of areas exist within the known zone of mineralization which are currently excluded from the resource calculations due to a lack of drilling density (will be addressed in the current drill program).
Drilling to expand the resources and to upgrade additional inferred resources into the measured and indicated categories is ongoing and will continue through 2012.
A preliminary economic assessment is in progress and is expected to be completed in fall 2011.
TORONTO, ON, June 01, 2011 - Gowest Gold Ltd. ("Gowest" or the "Company" -- TSX Venture: GWA, OTC: GWSAF, Frankfurt: 1GW) today announces a significant increase in resources at its 100% owned Frankfield East Gold Deposit located in the prolific Timmins Gold Camp in Ontario, Canada. The updated resource (see Table 1) contains approximately 348,000 ounces of gold in the Indicated category (1,621,000 tonnes at a grade of 6.68 g/t Au) and 838,900 ounces of gold in the inferred category (4,342,000 tonnes at a grade of 6.01 g/t Au). The resource estimate has been completed by ACA Howe International Limited ("ACA Howe") and reported in accordance with Canadian Securities Administration National Instrument 43-101 ("NI 43-101") requirements and CIM Standards on Mineral Resources and Reserves.


Deposit modeling utilizes assay data from 201 diamond drill holes. As was explained previously the Frankfield East mineralization is contained within a series of parallel zones that extend into the host rock away from the main zone that is located adjacent to the geological contact structure. These parallel zones generally become less contiguous as the distance from the contact is increased. All of the indicated resource ounces and more than 85% of the inferred resource ounces are contained within the main zone area and the first two parallel structures.

Greg Romain, President and CEO of Gowest commented, "We are extremely pleased to quantify the substantial increases in the gold resource at the Frankfield East Deposit resulting from our 2010/11 drilling campaigns. As the deposit remains open and unexplored at depth, we are confident that the ongoing drilling program will continue to demonstrate additional gold. We are also very encouraged by the sensitivity analysis completed which clearly demonstrates the robust nature of the deposit and the fact that the majority of the ounces are contained within high-grade structures that minimize the potential impacts from fluctuations in gold prices. It is becoming increasingly apparent that the Frankfield East deposit has the characteristics of a multi-million ounce gold deposit."

Mr. Romain further commented; "Engineering studies are continuing and we look forward to the demonstration of robust economics in a Preliminary Economic Assessment currently planned for completion in the fall."

Table 2 below shows the variations in tonnes, gold grades and ounces in the mineral resource summarized at various cut off grades between 1.50 g/t and 3.00 g/t. The figures in the table demonstrate the robust nature of the Frankfield East deposit and the potential to respond to fluctuations in gold prices by adjusting the cut-off grade to change the average gold grade of the deposit with a relatively limited impact on the overall deposit resources. The base case resource estimate (3 g/t Au cut-off) was selected as a conservative starting point based on selective mining techniques for similar deposits in the Timmins camp.


As part of its ongoing metallurgical test work program Gowest has identified a potential opportunity for the utilisation of ore sorting techniques with the Frankfield East mineralogy. Should this technique be validated for the deposit, it would allow for gold to be mined using more cost effective bulk mining techniques with the crushed rock then being sorted at surface to reject low grade waste material prior to further processing. The significance of this opportunity is that it would allow for the deposit to be mined economically at a lower cut off grade thereby increasing the size of the overall resources (see lower cut-off grade scenarios in Table 2).

Qualified Person
Technical information related to Gowest's Frankfield East mineral resource estimate contained in this press release has been reviewed and approved by Ian Trinder, M.Sc., P.Geo., Senior Geologist, ACA Howe, an independent Qualified Person as defined by NI 43-101, with the ability and authority to verify the authenticity and validity of this data. The NI 43-101 Technical Report on the Mineral Resource Estimate for the Frankfield East Deposit will be filed on SEDAR within 45 days of this press release. Mr. Darren Koningen, P. Eng., Vice President of Technical Services for Gowest, a Qualified Person under NI 43-101, has prepared or supervised the scientific or technical information for the property and verified the data disclosed in this press release.

About Gowest
Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Frankfield East gold deposit. Gowest is exploring additional gold targets on the 60 square kilometre land package it controls and continuing to evaluate acquisition targets in the vicinity of the Pipestone Fault area, part of the prolific Timmins, Ontario Gold Camp.

[DerRohstoffbulle]

starke performance... lohnt im auge zu behalten

[Kongo-Otto]

Gowest Increases Indicated Gold Resources by 170% to 945,600 Oz. at Frankfield East, North Timmins Gold Project

http://finance.yahoo.com/news/gowest-increases-indicated-gol…



nochmal die PEA-Daten, aus der November-Präsentation:





Frankfield East Deposit Current NI 43-101 Resource (Nov 20, 2012):

Indicated Resource increased by 170 %
Indicated: 946,000 oz. (@ 4.9g/t) and Inferred: 537,000 oz. (@ 4.2g/t)
Open in all directions (Current: Strike +1.3km / Depth +1.0km)
Multi million ounce gold potential
Robust Preliminary Economic Assessment (@ US$1,200 / oz gold)
Completed baseline environmental study



der Zeitplan:





die letzten Insider-Daten:




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