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Gowest Gold Ltd.
Summary
| Project: | Bradshaw | |
|---|---|---|
| Deposit: | Bradshaw | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 12-2-2018: Gowest Gold Ltd. announces an Exploration/Drilling Update report for its Bradshaw deposit at the Bradshaw project. Drilling result incl. 15.8m @ 6.75g/t Au from 263.85m. Toronto, Ontario, February 12, 2018 – Gowest Gold Ltd. (TSXV: GWA) (the “C | |
| Resources: | (Reserve, Prob): 1.8Mt @ 4.82g/t Au | |
| CP/QP: | [Overall Report]: Jeremy Niemi (Internal) | |
| ABSTRACT: | Toronto, Ontario, February 12, 2018 – Gowest Gold Ltd. (TSXV: GWA) (the “Company”) is pleased to report that the latest assay results from the recently completed underground infill drilling program at the Bradshaw Gold Deposit (Bradshaw) have revealed two, new, high-grade gold zones. These latest results were received from the independent laboratory after the previously reported assays (see Gowest news release dated Nov. 29, 2017) from the 29 holes drilled in this campaign. One hole, BGM17-045-12, intersected the new Bradshaw North zone from 68.0 to 72.2 metres (“m”) (4.2m) at 20.91 grams per tonne (“g/t”), including 1.9 m at 42.15 g/t gold. This intercept is 25 m east of the 156 g/t interval in hole BGM17-045-15. (See Tables and Plan View Images below) The Company is planning a new drill program to define the extents of this first new zone, which is currently open in all directions. This zone is 25 m north of the existing Bradshaw Mineral Reserves (see About Gowest below) and offers the potential to add a significant amount of additional material to the resources. The twelve holes BGM17-045-18 to -29 are infill holes in the area of the bulk sample. All holes intersected gold mineralization and assist in defining the stopes to be mined for the bulk sample. In addition to the infill holes, hole BGM17-045-30 was drilled to the north to follow up on a gold-bearing structure identified in a historical intercept in 2005 (GW05-30) (see Gowest news release dated April 19, 2005), which is approximately 150 m north of existing mineral resources and the bulk sample. That historic hole intersected from 263.85 to 267.85 m (4.0 m) at 14.07g/t and, from 275.1 -279.62 (4.5 m) at 10.15g/t. | |
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