Last C$0.08 CAD
Change Today -0.005 / -5.88%
Volume 35.5K
GWA On Other Exchanges
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As of 11:15 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

gowest gold ltd (GWA) Snapshot

Open
C$0.09
Previous Close
C$0.09
Day High
C$0.09
Day Low
C$0.08
52 Week High
01/23/14 - C$0.10
52 Week Low
12/13/13 - C$0.03
Market Cap
14.1M
Average Volume 10 Days
37.6K
EPS TTM
C$-0.01
Shares Outstanding
176.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GOWEST GOLD LTD (GWA)

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gowest gold ltd (GWA) Details

Gowest Gold Ltd., an exploration and development stage mining company, engages in the exploration, development, and acquisition of precious metals mineral properties in Canada. Its principal asset is the North Timmins Gold Project (NTGP), which includes its 100% owned Frankfield East Gold deposit located near Timmins, Ontario. The company was formerly known as Gowest Amalgamated Resources Ltd. and changed its name to Gowest Gold Ltd. in March 2011. Gowest Gold Ltd. was incorporated in 1982 and is headquartered in Toronto, Canada.

Founded in 1982

gowest gold ltd (GWA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$180.0K
Chief Financial Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

gowest gold ltd (GWA) Key Developments

Gowest Gold Ltd Acquires White Star Leases to Support Bradshaw Mining Infrastructure

Gowest Gold Ltd. announced that it has finalized an agreement to acquire two mining leases (12 claim units) covering 193 hectares (1.93 sq km) adjacent to the eastern portion of the Company's wholly-owned Bradshaw Gold Deposit (Bradshaw) on the Frankfield Property, part of the Company's North Timmins Gold Project (NTGP). Formerly known as the White Star property, the surface rights (81 hectares) accompanying these newly acquired leases provide additional land needed for the infrastructure to be built around Gowest's planned mine at Bradshaw, including room for the planned waste rock dump and settling ponds. Importantly, Gowest also believes that this new property has strong geological potential and could enable the Company to extend Bradshaw's current 1.3 kilometre gold mineralization strike length still further to the east. White Star contains a 1.2-km strike length of the same volcanic stratigraphy that hosts this mineralization. Gowest's easternmost drill intersection on Bradshaw returned of 2.98 grams per tonne (g/t) gold over 0.8 metres just 75 m west of the White Star boundary.

Gowest Gold Ltd, Annual General Meeting, Apr 22, 2014

Gowest Gold Ltd, Annual General Meeting, Apr 22, 2014., at 10:00 Eastern Daylight. Location: Wildeboer Dellelce LLP, Wildeboer Dellelce Place. Agenda: To receive the audited financial statements of the corporation for the financial year ended October 31, 2013, together with the report of the auditors thereon; to elect the directors of the corporation; to re-appoint McGovern, Hurley, Cunningham, LLP, Chartered Accountants, as auditors of the corporation for the ensuing year and to authorize the directors to fix the remuneration of the auditors; to re-approve and confirm the stock option plan of the corporation, including the reservation for issuance under the option plan at any time of a maximum of 10% of the issued and outstanding shares of the corporation, in accordance with the policies of the TSX Venture Exchange; to re-approve and confirm the shareholder rights plan adopted by the corporation on February 16, 2011; and to transact such further and other business as may properly come before the meeting or any adjournment thereof.

Gowest Gold Ltd Provides Update on Bradshaw Gold Deposit

Gowest Gold Ltd. provided an update on the final results for the infill drill program in 2013 and advanced exploration and mine permit application at its wholly-owned Bradshaw Gold Deposit (Bradshaw) on the Frankfield Property, part of the Company's North Timmins Gold Project (NTGP). 2013 infill core drilling program at the Bradshaw Gold Deposit completed and all gold results received for final 30 holes totalling 4,601 metres; Infill drilling results provide greater confidence in current mine development planning with drill hole spacing of 15-20 m in select areas; Advanced exploration permit application progressing well with the completion of a geo-environmental field investigation at Bradshaw; Gowest completed 30 holes for 4,601 m of infill diamond core drilling in late fall, 2013. All logging and geophysical data collection on the core has been completed and all gold analytical results have been received from this drilling. Highlights from the final holes of this program include: 10.66 grams per tonne ("g/t") gold ("Au") over 1.8 m (Depth: 212.5 m to 214.3 m) GW13-270, 10.45 g/t Au over 1.7 m (162.2 m to 163.9 m) GW13-267, 7.75 g/t Au over 3.4 m (67.1 m to 70.5 m) GW13-272, 7.08 g/t Au over 3.7 m (75.3 m to 79 m) GW13-272, 5.85 g/t Au over 6.9 m (54.3 m to 61.2 m) GW13-263 and 5.78 g/t Au over 5.9 m (62.9 m to 68.8 m) GW13-271. The results of this drilling program are being compiled and used to optimize the bulk sampling and subsequent test mining the company plans to initiate at Bradshaw in 2014. This infill drilling was carried out over a 260 m strike length of the M1, M2 and HW1 zones (486560 to 486820E) and straddled the proposed centre of the advanced exploration circular ramp. The drilling extended to a maximum vertical depth of 200 m below surface, the bottom of the proposed advanced exploration circular ramp. The density has now increased to a drill hole spacing of 15-20 m in select areas. Assay results will aid in determining the gold mineralized areas for test mining during the proposed underground advanced exploration stage.

 

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