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Home > News > Gowest Gold planning to...

Gowest Gold planning to spend additional $10 million exploring Bradshaw

Nov 14, 2023


Gowest Gold Ltd. is pleased to provide an update on the latest assay results from Phase 1 of its previously announced surface diamond drill program at its 100% owned Bradshaw Gold Mine. This first 5,000-metre program phase, which is expected to be completed in mid-November, is part of a larger planned program aimed to expand the mineable resource at Bradshaw, as well as to further test other parts of the Corporation's North Timmins Gold Project ("NTGP"), area where notable gold has also previously been intercepted (see Gowest news releases dated September 15, 2023, June 26, 2023, June 1, 2020, and June 27, 2019).

Diamond Drilling Highlights

  • A total of 4,403 metres (m) of drilling has been completed as of October 31, including 14 completed holes and one in progress on the eastern portion of the Bradshaw deposit (Table 2).
     
  • Highest intercept: 9.77 grams per tonne (g/t) gold (Au) over 3.0 m from hole GW23-330, including 27.60 g/t Au over 1.0 m from the Bradshaw YDA zone.
     
  • Hole GW23-328 cut 8.08 g/t Au over 2.8 m, including 11.10 g/t Au over 1.80 m from the Bradshaw HW2 zone, 
     
  • Drilling in Hole GW23-333 also returned significant gold mineralization: 5.27 g/t Au over 2.6 m, including 11.98 g/t Au over 1.1 m on the HW2 zone, and 7.57 g/t Au over 1.5 m in a new zone. 

Dan Gagnon, President and Chief Executive Officer of Gowest, said, "We are extremely encouraged by these continuing positive drill results at Bradshaw as they provide an even stronger foundation for our team's conviction that we will expand our current mineable resources and reserves at the deposit. We have also recently completed preliminary planning for an additional $10 million exploration program to further test other parts of the NTGP, where we are also confident that we still have more significant upside." 

Overview-Phase 1:

A total of 4,403 m of drilling has been completed as of October 31, consisting of 14 finished holes and one in progress (see Table 2 below). The 5,000 m Phase 1 surface drilling program is expected to be completed in mid-November. The 14 holes were drilled on the eastern portion of the Bradshaw Gold Deposit (see Figure 1). The rig is currently drilling the 15th hole (GW23-334). The final 650-m hole of the program has been spotted in the field.

The one hole completed in October has been logged and sampled. As of October 31, 2,415 samples (14 holes) have been sent to Activation Laboratories Timmins for gold analysis. In addition, 108 pulp samples have been sent to a secondary lab (Bureau Veritas) for gold analysis checking as part of industry-standard QA/QC procedures.

Gold results have been received from 13 drill holes by October 31. Analytical results from six holes were received since the last exploration press release (September 15, 2023) and gold mineralization was encountered in all the holes (see Table 2). 

Ten significant gold intersections were encountered in the five holes: GW23-327, GW23-328, GW23-329, GW23-330 and GW23-333. The highest gold intersection received was 9.77 g/t Au over 3.0 m from hole GW23-330, including 27.60 g/t Au over 1.0 m from the Bradshaw YDA zone. HW2 is another significant zone where drilling intersected 8.08 g/t Au over 2.8 m from hole GW23-328. A third significant zone intersected was the M2 zone in hole GW23-333 that returned 5.27 g/t Au over 2.6 m and included 11.98 g/t Au over 1.1 m. Encouragingly, Hole GW23-333 also intersected a new zone, returning 7.57 g/t Au over 1.5 m.



Tags: Northern Ontario / Exploration / Gold / All Articles