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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based supplier of building fixtures and fittings to households and commercial premises. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, and the distribution and installation of various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its water solutions segment includes sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories. The Company's brands include Caroma, Methven, Dorf and Clark. Its subsidiaries include Caroma Holdings Limited, Caroma Industries Limited, Caroma International Pty Ltd, Caroma Singapore Pte Ltd, Deva Tap Company Ltd, GWA Finance Pty Limited, GWA Group Holdings Limited, and GWA Group Holdings (NZ) Limited.


OTCPK:GWAXF - Post by User

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Post by laroplexon Jul 25, 2017 9:41am
630 Views
Post# 26505174

Gowest Gold reports significant drill results from Bradshaw

Gowest Gold reports significant drill results from Bradshaw

Gowest Gold reports significant drill results from Bradshaw Deposit

 

 

Gowest Gold, a Timmins based company that often bills itself as the next new gold mine in the Timmins camp, has released some significant drill results from the advanced exploration work at the Bradshaw gold deposit, located just north of the built-up area of the city.  Gowest revealed in a news release that it has completed more than 2,000 metres of exploration drilling on 23 holes, all located in the area of the exploration bulk sample.

Jeremy Niemi, Gowest's Director of Exploration, said he was happy with what was found.

"We are very pleased that every drill hole in this drill program intersected gold mineralization. This gives us confidence in our resource model and with several holes intersecting gold grades higher than anticipated it supported our interpretation that the Bradshaw Deposit has room to grow and the potential to be a very successful gold mine,” said Niemi.

Some of the results, such as Hole-317 produced core showing mineralization as high as 13.91 grams per tonne (g/t).

Highlights of the drilling were as follows:

  • GW17-317 intersected 8.83m at 6.5 grams/tonne ('g/t') gold
  • -Including 3.8m at 13.91 g/t gold
  • GW17-315 intersected 5.8m at 3.31 g/t gold
  • -Including 1.7m at 6.88 g/t gold
  • GW17-312 intersected 1.3m at 17.49 g/t gold
  • GW17-305 intersected 7.70m at 8.26 g/t gold
  • -Including 2.0m at 22.75 g/t gold
  • GW17-306 intersected 1.1m at 15.6 g/t gold
  • GW17-305 intersected 1.0m at 13.4 g/t gold
  • GW17-304 intersected 1.9m at 11.1 g/t gold
  • GW17-303 intersected 1.7m at 10.04 g/t gold

Gowest said the advanced exploration drill program was designed to refine the geological model and the stope design in the upper portion of the Bradshaw deposit where the bulk sample will be extracted. Gowest began the underground ramp on the property in May of this year.

"These findings further support our conviction that the Bradshaw Gold Deposit will be the next new mine in the Timmins Camp," commented Gowest CEO, Greg Romain in the company news release.

"More importantly though, these drill results also provide a strong demonstration of the significant upside potential of the deposit that has thus far been untapped," he said.


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