Bradshaw Highlights
East Zone Capital Development Ramp has reached 80-metre (m) level 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.
First long-hole stope blast conducted on
Underground ventilation upgrade progressing well-completed 3.4 m diametre
Ore sorter commissioning was completed in June, starting sorting of development ore in late July.
Surface diamond drilling commenced on
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
As previously noted, this first underground work is focused on the development and production of the initial bulk sample area (
The two main Bradshaw capital development ramps are both advancing well toward providing general underground access to the targeted initial gold zones. The East Zone Ramp has reached the 80 m level, on its way to the 100 m level. At the same time, 67.5 m of the access ramp has been developed toward the Central and West Zones.
Underground sill development, which provides direct access to the targeted ore zones, remains on schedule. To date, this work has been advanced to the 30, 45 and 60 m levels, from where ore will be mined from the HAN and YDA vein areas. Importantly, it has also intersected additional mineralized zones contributing to new stopes and the introduction of new ore target areas. Over 4,000 m of sill development is planned before the end of the year, showing tremendous potential for stoping on the current mining levels. In addition, the Company is bringing an underground air drill to help speed ore delineation and expand current reserves.
Long-Hole Stopes
Drilling contractor,
The underground ventilation upgrade is also well underway, including the 3.4 m diametre
Ore Sorter
The ore sorter, which was initially operated during the bulk sample program, has been commissioned again last month. The plan is to utilize it with the first new development ore beginning late July.
Resource Expansion Drilling
Three Months of Safe Production
Since initiating operations in early April to restart Bradshaw as the newest gold mine in the
Growing Stockpile
To date, 9,974 tons of ore have been stockpiled on the surface in preparation for being trucked to
About Gowest
Gowest is a Canadian 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
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this press release include, without limitation, statements relating to the use of the proceeds of the Offerings, the potential for to raise additional proceeds from the exercise of Warrants, and the proposed activities of the Corporation at Bradshaw. Words such as 'may', 'would', 'could', 'should', 'will', 'anticipate', 'believe', 'plan', 'expect', 'intend', 'potential' and similar expressions may be used to identify these forward-looking statements although not all forward-looking statements contain such words.
Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including those risk factors set forth in the Corporation's management's discussion and analysis and other filings available via the System for Electronic Document Analysis and Retrieval (SEDAR) under the Corporation's profile at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by this press release. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. These forward-looking statements are made as of the date of this press release and, other than as required by law, the Corporation does not intend to or assume any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Tel: (416) 363-1210
Email: info@gowestgold.com
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