Posted On: 09/02/2014 11:46:14 PM
Post# of 273351
Gowest Amalgamated R (GWSAF) 0.0809 $GWSAF
Gowest Gold Granted Further Extension for Letter of Intent With Kidd Operations
Marketwire - Tue Jul 08, 6:46AM CDT
Gowest Gold Ltd. ("Gowest" or the "Company"
(TSX VENTURE: GWA)(OTCBB: GWSAF) reports that it has received a further extension of up to six months with regard to the previously announced non-binding Letter of Intent ("the LOI" the Company had entered into with Kidd Operations, located in Timmins, Ontario (see Gowest news releases dated May 29 and December 20, 2013). The plan is to refurbish the Division 'D' line of the mill at Kidd Operations to process Gowest's Bradshaw Gold Deposit ("Bradshaw" resources into a high-grade (+90 grams per tonne) gold concentrate. The proposed arrangement between the companies significantly reduces the cost and time to commercial production of Bradshaw. The LOI, which had been scheduled to be terminated on or before June 30, 2014, has now been extended to on or before December 31, 2014.
Gowest Gold Granted Further Extension for Letter of Intent With Kidd Operations
Marketwire - Tue Jul 08, 6:46AM CDT
Gowest Gold Ltd. ("Gowest" or the "Company"
(TSX VENTURE: GWA)(OTCBB: GWSAF) reports that it has received a further extension of up to six months with regard to the previously announced non-binding Letter of Intent ("the LOI" the Company had entered into with Kidd Operations, located in Timmins, Ontario (see Gowest news releases dated May 29 and December 20, 2013). The plan is to refurbish the Division 'D' line of the mill at Kidd Operations to process Gowest's Bradshaw Gold Deposit ("Bradshaw" resources into a high-grade (+90 grams per tonne) gold concentrate. The proposed arrangement between the companies significantly reduces the cost and time to commercial production of Bradshaw. The LOI, which had been scheduled to be terminated on or before June 30, 2014, has now been extended to on or before December 31, 2014.
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