Gowest Amalgamated R (GWSAF) 0.1181 $GWSAF Gowe
Post# of 273333
Posted On: 07/01/2016 6:13:10 PM
Gowest Amalgamated R (GWSAF) 0.1181 $GWSAF
Gowest Gold Granted Additional Extension for Letter of Intent With Kidd Operations
Marketwired - Wed Jan 07, 6:01AM CST
Gowest Gold Ltd. ("Gowest" or the "Company"
(TSX VENTURE: GWA)(OTCBB: GWSAF) reports that it has received an extension of up to six months with regard to the previously announced non-binding Letter of Intent ("the LOI" that the Company had entered into with the Kidd Operations, located in Timmins, Ontario (see Gowest news release dated July 8, 2014). The plan is to refurbish the Division 'D' line of the concentrator at the 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 would significantly reduce the cost and time to achieve commercial production of the Bradshaw deposit. The LOI, which had been scheduled to terminate on or before December 31, 2014, has now been extended to on or before June 30, 2015.
GWA.VN: 0.160 (+0.010)
Gowest Gold Granted Additional Extension for Letter of Intent With Kidd Operations
Marketwired - Wed Jan 07, 6:01AM CST
Gowest Gold Ltd. ("Gowest" or the "Company"
(TSX VENTURE: GWA)(OTCBB: GWSAF) reports that it has received an extension of up to six months with regard to the previously announced non-binding Letter of Intent ("the LOI" that the Company had entered into with the Kidd Operations, located in Timmins, Ontario (see Gowest news release dated July 8, 2014). The plan is to refurbish the Division 'D' line of the concentrator at the 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 would significantly reduce the cost and time to achieve commercial production of the Bradshaw deposit. The LOI, which had been scheduled to terminate on or before December 31, 2014, has now been extended to on or before June 30, 2015. GWA.VN: 0.160 (+0.010)
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