Gowest Gold Intersects 66.7 g/t (2.14 oz/t) Gold Over 2.5 Metres From Advanced Exploration Drilling at Bradshaw
TORONTO, ONTARIO--(Marketwired - Nov. 29, 2017) - Gowest Gold Ltd. (TSX VENTURE:GWA) (the "Company") is pleased to report the first assay results from the recently completed underground infill drilling program at the Bradshaw Gold Deposit ("Bradshaw"). Results have been received from 17 of the 29 holes drilled in this campaign, and assay results from the remaining holes are expected in the coming weeks. (see tables below)
Highlights include:
Hole BGM17-045-015 intersected 156 grams per tonne (g/t) (5.02 oz/t) gold (Au) over 1 metre (m)
This is the highest gold sample intersected to date at the project
Located within 2.5m grading 66.7 g/t (2.14 oz/t) Au
Hole BGM17-045-004 intersected 1.75 m grading 11.0 g/t (0.35 oz/t) Au, including 0.5 m grading 26.5 g/t (0.85 oz/t) Au
Hole BGM17-045-014 intersected 1.05 m grading 16.4 g/t (0.53 oz/t)Au including 0.5 m grading 32.2 g/t (1.04 oz/t) Au
"We are extremely pleased with the results of this infill drilling campaign," said Gowest President and CEO, Greg Romain. "We have seen evidence for years indicating that Bradshaw has not yet revealed its full potential. In intersecting the highest ever gold values, we feel we have clearly demonstrated the significant upside of our project and are still further encouraged about the coming results of our bulk sample program."
The infill underground drill program is being conducted as part of the Company's plan to gather as much information on the deposit as possible, including tightening the drill spacing in order to increase the technical team's detailed knowledge of the mineralized structures. Twenty-nine (29) holes have been completed so far for a total of 3,604 metres, reducing the distance between drill holes in the area of the advanced exploration bulk sample to between 12.5 and 20 m. As expected, all holes intersected gold mineralization to contribute to the geological model supporting the bulk sample.
In addition to the infill drilling, one exploration hole is in progress to test an area directly north of the bulk sample where historical drilling indicated potential for a new gold zone.
In order to confirm these exceptional results, the Company completed check assays on the remaining pulp and coarse rejects from the material retrieved from Hole BGM17-045-015. A second assay of the pulp returned 119 g/t gold, while five new samples from the remaining material from sample preparation resulted in values ranging between 99.3 g/t and 183 g/t, with an average value of 136.9 g/t gold.
Advanced Exploration Bulk Sample Program
As previously announced, the Company is currently advancing underground development at Bradshaw in preparation for the extraction of up to a 30,000-tonne bulk sample. The bulk sample is being taken from an area of the deposit closest to the portal opening and targets a cut off of 3 g/t gold. The ore will be sorted (see Gowest news release dated September 27, 2017) at the Bradshaw site to increase the head grade to the mill by removing non-mineralized material. Enhanced ore will be trucked to the Liberty Mill where a saleable concentrate will be produced. It is anticipated that the first ore shipment to the mill will commence next month.
