Gowest Gold Ltd. provided general update on the operation of its 100% owned Bradshaw Gold Mine (Bradshaw). Gowest is pleased to note that a great deal of progress has been achieved at Bradshaw since work there began again in April. Overall, underground capital development is advancing in the East Zone and the Central Zone.

Ore sills are being developed on the 100 m level in the East Zone and the mining team is about to access sills in the Central Zone on the 85 m level. The installation of the main fan and heater on surface is progressing well, and should be operational this month. This will include the conversion on site from diesel to compressed natural gas, which offers further money savings.

Exploration drilling is also continuing, with one drill rig operating from surface and a second rig underground. As previously noted, the initial 5,000 m surface drilling program will be complete by mid- November. Notably, all drill holes intersected ore and these latest results are expected to add new resource ounces.

In order to preserve cash, Gowest is temporarily moving the Bradshaw mine to a "Care & Maintenance" phase, which is expected to continue until the Northern Sun tailings pond construction has been completed in or around July 2024 and when the mill is ready to begin processing Bradshaw ore. Northern Sun started the drilling and blasting of construction rock this week. Construction is expected to begin in January 2024 and to be completed in July 2024.

Gowest is also exploring opportunities to keep funding its operational and exploration activities.