ONTARIO – Toronto-based Gowest Gold
is now developing ore on the 45-metre level as it takes a bulk sample from its Bradshaw gold deposit at the North Timmins project, 50 km northeast of Timmins.
[caption id="attachment_1003720516" align="alignleft" width="268"] A sign at Gowest Gold’s North Timmins project where bulk sampling is being done on the Bradshaw deposit. (Credit: Gowest Gold)
As of Oct. 17, 2017, total underground development at the Bradshaw site had reached 790 metres. The ramp was complete to the 30-metre level and the team has started to cross cut the ore there. Cross-cutting is also underway on the 45-metre level. The mine plans calls for the ramp to reach the 60-metre level, and that work will begin shortly.
Ore from development is being stored on surface before it is processed. The first shipment to the Redstone mill – in which Gowest is working out a joint venture agreement with Northern Sun
– is expected in the fourth quarter.
The prefeasibility study put the probable reserves for Bradshaw at 1.8 million tonnes averaging 4.82 g/t gold and containing 277.101 oz. of gold. The total indicated resource is 2.1 million tonnes grading 6.29 g/t gold, and the inferred resource is 3.6 million tonnes at 6.47 g/t using a 3 g/t gold cut-off grade.
Gowest has made a private placement of flow-through shares to raise a gross amount of $8.0 million with which to continue exploration. Infill drilling is going on underground and a regional program will begin soon.
A timeline leading to production by the end of 2018 is available at www.GowestGold.com.