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Gowest Gold releases initial exploration results at Bradshaw near Timmins

Sep 15, 2023


"These positive initial drill results continue to support our team's expectation that we will be able to expand our current mineable resources and reserves at Bradshaw," Dan Gagnon, President and Chief Executive Officer of Gowest said. 

"At the same time, the mine restart is progressing very well. We remain on target on all fronts, including all production and key infrastructure programs, and anticipate starting the toll milling our ore at the Redstone Mill in the fourth quarter of this year."

Gowest Gold Ltd. is pleased to announce initial assay results from Phase 1 of its previously announced surface diamond drill program at its 100% owned Bradshaw Gold Mine (Bradshaw.) This first 5,000-metre program phase is part of a larger planned program that aims 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 previously been intercepted (see Gowest news releases dated June 26, 2023, June 1, 2020, and June 27, 2019).

Diamond Drilling Highlights

  • Results received by Sept. 1st from the first seven diamond drill holes, all of which intersected gold mineralization

  • A total of 2,255 m of drilling has been completed as of Aug 31, including ten completed holes and one in progress (Table 2.)

  • Highest intercept: 10.64 g/t Au over 2.6 m from hole GW23-321, including 16.67 g/t Au over 1.5 m from the Bradshaw HAN zone 

  • Drilling on the HW2 zone also returned significant gold mineralization of 3.12 g/t Au over 1.8 m in Hole GW23-320 and 2.71 g/t Au over 5.0 m (including 3.27 g/t Au over 2.50 m) in Hole GW23-324. 

  • Hole GW23-326 intersected 3.48 g/t Au over 2.0 m in the HW4 Bradshaw Zone.

Overview:

The Phase 1 and 2 surface drilling program, which is expected to be completed in November, has progressed well since it commenced on June 20. A total of 2,255 m of drilling has been completed as of Aug 31, consisting of ten holes completed and one in progress (Table 2.) 

The ten holes were drilled on the eastern portion of the Bradshaw Gold Deposit (see Table 2). This work represents the initial phase of a 5,000-m surface drill program. This phase is targeting the OB1, HAN, HW4, HW2 gold zones below the 80 m mine level, to extend existing stopes. (See Figure 1 and Table 1 below, as well as Gowest news release dated July 11, 2023).

The drill rig is currently drilling the eleventh hole (GW23-330) and an additional three holes have been spotted in the field (2,056 m).

Two exploration permit applications submitted to the Ontario Ministry of Mines in May were approved in August. The permits are valid for three years and will allow diamond drilling of the west and east Bradshaw gold deposit strike extensions, the Sheridan Gold Zone area, the Dowe Gold Zone area and the Roussain Gold Zone.

Figure 1: Phase 1 drilling targeted the northeast and southwest trending veins of Bradshaw deposit, following the immediate south-southwest down plunge of mineable ore shots. 

Image removed.
 
Bradshaw Underground Mine Longitudinal Section Looking North



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