GWA Group Ltd V.GWA

Commercial Production and good drill results OTW?

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Toronto, Ontario--(Newsfile Corp. - July 11, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to report on its continuing progress in restarting the Corporation's 100% owned Bradshaw Gold Deposit ("Bradshaw.")

Bradshaw Highlights

• East Zone Capital Development Ramp has reached 80-metre (m) level (Figure 1.)
• 67.5 m of Access Ramp developed toward Central and West Zones, with an additional 105 m in permanent explosives storage area off the access ramp. (Figure 2.)
• Sill Development focused on the 30, 45 and 60 m levels at two main East Zone vein areas.
• 9,974 tons of development ore stockpiled on surface.
• First long-hole stope blast conducted on July 4th between 45 and 30 m levels. (Figure 3)
• Underground ventilation upgrade progressing well-completed 3.4 m Alimak raise from 60 m to surface in June.
• Ore sorter commissioning was completed in June, starting sorting of development ore in late July.
• Surface diamond drilling commenced on June 19th; start of 5,000 m program aimed at expanding resources.
• No reportable injuries from underground team since initiating the restart.
• All production and key infrastructure projects remain on target.
• Aiming to begin toll milling Bradshaw ore at Northern Sun's Redstone Mill in Q4 2023.

Dan Gagnon, President and Chief Executive Officer of Gowest, said, "While it's only been three months since we began the restart of Bradshaw, working together, our team and partners have made excellent progress on all fronts, including with our recently launched diamond drilling exploration program to expand our resources. We are well on our way to delivering greater than 20 metres per day of ramp development and an average of 800 tons per day of ore in our first 12 months of operation. We are also targeting starting the toll milling our ore at the Redstone Mill in the fourth quarter of this year."