Value Microcaps Junior Miners

[checkmate28]

Gowest Gold at $50M Market Cap represents a great value

3 minute youtube of the production progress

New Presentation
http://www.gowestgold.com/wp/wp-content/uploads/2016/04/Corporate-Presentation.pdf

Slide 7 2017 Objectives

*Focus on Bulk Sample Program on Bradshaw

*Finalize JV Agreement with Northern Sun for
50:50 Ownership of the Redstone Mill This is a state of the art excellant condition 2500tpd mill with 2 circuits. One circuit will be leased out to another company for revenue

*Initiate Permit Applications in Preparation for comercial
Underground Mining

*Execute strategic exploration plans to increase
the resource at Bradshaw & Beyond


Slide 9 Mineral Resources: at 3gpt cutoff
• Indicated Resource: 422,000 oz. gold at 6.19 g/t
• Inferred Resource: 755,000 oz. gold at 6.47 g/t
Deposit Remains open laterally & at depth
The grade is going to double after traveling through the ore sorter. Doubling is conservative as Stantec got triple the grades as recorded in the Pre Feas but conservatively went with the doubling for the report.

Slide 10 Exploration upside
Strong gold mineralization intercepted in several more nearby drill holes at current Bradshaw deposit

Gold mineralization intercepted in numerous areas on Gowest’s +100 km2 North
Timmins Gold Project (NTGP) area beyond the Bradshaw Gold Deposit

Slide 12 Ore Sorter
rejects +50% waste rock from crushed mine material leaving 98% of the gold
• Doubles Bradshaw Gold grade to up to 12 g/t gold
• Reduces Operating cost for Life of Mine
• Allows recovery of gold from low grade mine rock not classified as reserves

They are currently permitted for 499 tons per day.
499tpd x 365days=182,135 tonnes yearly x 12gpt=2,185,620gpy/31gpo=70,500 potential yearly ounces from just the bulk sample exploration permit. Its here where you can see the effects of the high grades and why Stantec posted the $891 AISC for Phaze 1 in the PRE Feas. Stantec Consulting Ltd is one of the most respected names in the business.
I like where this one is sitting with the progress and expect the market to catch on soon, providing a nice rerating of the share price.
Checkmate28