Gowest Gold Hosts Open House on Bradshaw Gold Deposit

Gowest Gold is hosting an open house at the McIntyre Arena on Monday Dec.1, 2014 from 6 p.m. to 8 p.m. to provide an update on the plans to develop the Bradshaw Deposit in Tully Township. This is part of the Frankfield East/Timmins North Property owned by Gowest.

Greg Romaine, the President and CEO of Gowest Gold and Kevin Montgomery, the manager of exploration will be on hand to describe the project and where it is in the project. Gowest has completed a preliminary economic assessment and is about embark on its environmental assessment work that will lead to the granting of environmental permits required to commence building the mining site.

Earlier this year Gowest signed memorandums of understanding with Glencore Kidd Creek in Timmins for milling of gold extracted from the Bradshaw Deposit and with United Commodities Yukon Refinery in North Cobalt to refine the gold.

Overview of Gowest's North Timmins Gold Project

Gowest’s North Timmins Gold Project (NTGP) currently covers one patented mining claim, eight mining leases and 67 unpatented mining claims over a total of 10,714 hectares (107 square kilometres) in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.  This includes 26 unpatented mining claims held under joint venture with Transition Metals Corp. (Transition). The project is located approximately 32 km north-northeast of the City of Timmins, Ontario. Access to the main area of interest, the Frankfield Property, is gained along Highway 655 and then 13.5 km along an all-weather gravel road east off the highway. Gowest owns a 100% interest in all of the claims that are not part of the Transition joint venture.

The project is located within the Abitibi Greenstone belt, historically known as Canada’s most prolific gold district. More than 172 million ounces of gold have been produced from this district, representing almost half of Canada’s total gold production. Much of the project area overlays or is adjacent to the Pipestone Fault or the North Pipestone Break, two highly prospective gold-bearing structures. 

Gowest’s NTGP covers numerous unexplored or underexplored areas with gold potential. In recent years, the Company’s primary focus has been on the Frankfield Property, where gold mineralization was discovered in 1974 before Gowest obtained title to the property.

For more information about Gowest visit its website  http://www.gowestgold.com/index.php/north-timmins-gold-project/overview/