Positive initial drill results support expectations of expanding current mineable resources and reserves at Bradshaw
Gowest Gold has announced promising initial assay results from Phase 1 of its previously announced surface diamond drill program at its 100 percent owned Bradshaw Gold Mine, located 32 kilometres north of Timmins.
This first 5,000-metre program phase is part of a larger planned program with the goal of expanding the mineable resource at Bradshaw, as well as to further test other parts of the corporation’s North Timmins Gold Project area where notable gold has previously been intercepted.
The results, which were received by September 1, showed the first seven diamond drill holes, all of which intersected gold mineralization. At the time these results were published, a total of 2,255 metres of drilling had been completed, (as of August 31) including ten completed holes, and one in progress.
The highest intercept was a hole with 10.64 grams of gold per tonne over 2.6 metres, including 16.67 grams of gold per tonne over 1.5 m from the Bradshaw HAN zone.
“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,” said Dan Gagnon, President and Chief Executive Officer.
“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.”
The company said the Phase 1 and 2 surface drilling program, which they expect to be completed in November, has progressed well since it commenced on June 20. As of August 31, a total of 2,255 m of drilling has been completed, consisting of ten holes completed and one in progress.
The ten holes were drilled on the eastern portion of the Bradshaw Gold Deposit. This work represents the initial phase of a 5,000-m surface drill program. This phase is targeting four gold zones below the 80 metre mine level, to extend existing stopes.
The drill rig is currently drilling the eleventh hole, and an additional three holes have been spotted in the field.
Gowest had submitted two exploration permit applications to the Ontario Ministry of Mines in May, which 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.
Gowest, headquartered in Timmins, Ontario, is a gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw) on the Frankfield Property, part of the Corporation’s North Timmins Gold Project (NTGP).
The company is exploring additional gold targets on its +100-square-kilometre-NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp.
Currently, Bradshaw contains a National Instrument 43-101 Indicated Resource estimated at 2.1 million tonnes grading 6.19 grams per tonne gold containing 422 thousand ounces of gold, and an Inferred Resource of 3.6 million tonnes grading at 6.47 grams per tonne of gold, containing 755 thousand ounces of gold.
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Tags: Northern Ontario / Exploration / Gold / All Articles