Backward looking statementsIt's coming up one year since the last significant statement about the mine operations (as opposed to the management issues and the extreme-duty buckets of new shares being mined from the treasury) was released.
Should there not be cake baked and anniversary candles lit?
This project needs a booster shot because although it was a premie, it is still alive, not still-born (though nearly a miscarriage, if not an abortion)
TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) --
Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) is pleased to provide a further update on its progress towards bringing the Company’s 100% owned Bradshaw Gold Deposit (“Bradshaw”) into production.
Greg Romain, Gowest President, said, “We have just achieved two more critical milestones towards seeing the Bradshaw gold deposit as the newest gold mine in the Timmins camp.
We appreciate the patience and support of our many stakeholders and look forward to providing further detail as we move towards production.”
Mining Production Permit
Gowest has received official notice from the Ontario’s Ministry of Energy, Northern Development and Mines (“ENDM”) that the Company’s Mine Production Closure Plan (“the Closure Plan”) has received final review and filing in accordance with the Ontario Mining Act (see Gowest release dated September 16, 2020.)
The Closure Plan provides details for how the Bradshaw mine will be operated and closed, and how the site will eventually be reclaimed once mining activities are completed.
Gowest has now received all environmental permits required to bring the mine into commercial production.
Ore-Sorter Commissioned and First Processing Scheduled
Gowest’s ore-sorter has also been commissioned in preparation for sorting the mixed development ore currently stockpiled on surface.
This material will be trucked to Northern Sun’s Redstone Mill, where processing is scheduled to begin on the week of November 9th.
As previously reported, approximately 28,000 tonnes of gold-bearing mixed development ore has been collected and stockpiled on-site from the Company’s ongoing Advanced Exploration Bulk Sample program.
The Company also plans to mine approximately 15,000 tonnes of stope ore as part of the bulk sample.
About Gowest
Gowest is a Canadian gold exploration and development company focused on the development of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of the Company’s North Timmins Gold Project (NTGP).
Gowest is exploring additional gold targets on its more than 100squarekilometre 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 43101 Indicated Resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au.
Further, based on the PreFeasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cutoff and utilizing a gold price of US$1,200 / oz, totalling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.
https://www.globenewswire.com/en/news-release/2020/10/28/2115847/0/en/GOWEST-GOLD-Receives-Mining-Permit-for-Full-Production-Commissions-Ore-Sorter-and-Agrees-to-Mill-Processing-Schedule.html
But hey, remember those other properties once held in the consolidated family?... I mean the Detour West Properties that went to Trade Winds Ventures that went to Detour Gold, that went to Kirkland Lake, that went to Agnico Eagle? Blow out a few candles on that one. Totally baked and grown up, although long gone prodigal.
At least the search for Molybdenum in Moose Pastures is over and everything can be concentrated on Bradshaw.
Whew.