GWA Gowest Gold Ltd

Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA) (OTCBB:GWSAF)
announces that it intends to issue, subject to TSX Venture Exchange approval, an
aggregate of 416,660 common shares to non-management directors of the
Corporation (83,332 common shares per director), at a deemed price of $0.06 per
share, as partial payment of fees owed to such directors in respect of the
quarters ended April 30, 2013 and July 31, 2013. The aggregate deemed value of
the common shares to be issued is $25,000. The shares are being issued in lieu
of cash in order to conserve the cash resources of the Corporation.


About Gowest

Gowest is a Canadian gold exploration and development company focused on the
delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw)
(formerly Frankfield East), on the Frankfield Property, part of the Company's
North Timmins Gold Project (NTGP) Gowest is exploring additional gold targets on
the 107-square-kilometre NTGP land package and continues to evaluate the area,
which is part of the prolific Timmins, Ontario gold camp. The latest updated
resource estimate for Bradshaw included approximately 945,600 ounces of gold
("Au") in the Indicated category (6.0 million tonnes at a grade of 4.9 grams per
tonne ("g/t") Au) and 536,800 ounces of gold in the Inferred category (3.7
million tonnes at a grade of 4.2 g/t Au). As was used in the Company's recent
Preliminary Economic Assessment, the current estimate is based on a 3.0 g/t Au
cut-off and a conservative gold price of US$1,200/oz. This resource estimate has
been completed by Neil N. Gow, P. Geo., an independent Qualified Person, and
reported in accordance with Canadian Securities Administration National
Instrument 43-101 ("NI 43-101") requirements and CIM Standards on Mineral
Resources and Reserves.


Forward-looking statements

This news release contains certain "forward looking statements". Such
forward-looking statements involve risks and uncertainties. The results or
events depicted in these forward-looking statements may differ materially from
actual results or events. Any forward-looking statement speaks only as of the
date of this news release and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gowest Gold Ltd.
Greg Romain
President & CEO
(416) 363-1210
info@gowestgold.com


Gowest Gold Ltd.
Greg Taylor
Investor Relations
905 337-7673 / Mob: 416 605-5120
gregt@gowestgold.com
www.gowestgold.com

Gowest Gold (TSXV:GWA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Gowest Gold (TSXV:GWA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024