Gowest Gold Provides Corporate Update

Resuming Development of Bradshaw Gold Deposit

TORONTO, Jan. 17, 2020 (GLOBE NEWSWIRE) -- Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) is pleased to provide an update on the Company’s operations and other corporate activities.

Advancing Underground Development

Gowest announces that it is preparing to undertake a diamond drill program to provide critical information in preparation for extending the main ramp, locating the planned vent raise, as well as providing additional details on the first long stope. 

The Company is also undertaking engineering design for construction work related to the vent and escape raises.

Ore Processing

As previously reported (see Gowest news release dated October 17, 2019), Gowest has entered into a binding term sheet with Northern Sun Mining Corp. (“Northern Sun”) with respect to the processing at Northern Sun’s Redstone Mill in Timmins, Ontario, of up to 30,000 tonnes of ore developed from Gowest’s Advanced Exploration Bulk Sample program at the Company’s 100% owned Bradshaw Gold Deposit (“Bradshaw”). Northern Sun is now working on obtaining the necessary permits to process this ore, and it is currently expected that this processing will begin by mid-2020.

Greg Romain, President, and CEO of Gowest Gold said, “We are very pleased  to be moving ahead again with Bradshaw. I would like to take this opportunity to thank all of our stakeholders for their continued cooperation and support.  We will provide updates on our progress in the coming weeks and months as we return to developing what we expect will be the next new gold mine in the Timmins camp.”

Community Open House

Gowest is also holding an open house information session on the mine production closure plan on January 23, 2020, in Timmins. (Details are available at the Company’s website: https://www.gowestgold.com/)

Gowest is holding this public meeting about the Bradshaw Gold Project to:

• Provide information on the plans for the Advanced Exploration and Mine Production Phases;
  
  
• Provide information about the environmental permitting and current approvals;
  
  
• Report upon ongoing Health, Safety, Environmental and Social performance; and,
  
  
• Interact with the community and obtain feedback on the Bradshaw Mine Project and the Bradshaw Mine Production Closure Plan.

Production Closure Plan Background

In anticipation of processing the bulk sample ore at the Redstone Mill and moving towards mine production beginning mid-2020, the Company has been preparing a new Production Closure Plan for submission to the provincial ministry of Energy, Northern Development and Mines.