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Gowest Gold Ltd. - $GWSAF STOCK NEWS

Welcome to our dedicated page for Gowest Gold Ltd. news (Ticker: $GWSAF), a resource for investors and traders seeking the latest updates and insights on Gowest Gold Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gowest Gold Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gowest Gold Ltd.'s position in the market.

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Gowest Gold provided an update on its Phase 2 diamond drilling program at the North Timmins Gold Project, completing 12,769 meters of drilling as of April 30, 2024. Highlights include 13.6 grams per tonne (g/t) gold over 1.1 meters from hole GW23-352 and 23.2 g/t gold over 1.5 meters in hole GW24-351A. The program, part of a $10 million exploration effort, aims to expand resources at the Bradshaw Gold deposit and test other areas of the NTGP. The Sheridan, Roussain, and Bradshaw zones are the primary targets, with promising results indicating potential for new mines. The program is expected to be completed in November 2024.

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Gowest Gold provides an update on its Phase 2 Diamond Drilling Program at the North Timmins Gold Project. The company reports significant gold intercepts, including 13.6 g/t Au over 1.1m, as part of a $10 million exploration program aiming to expand resources and potentially develop new mines. The Phase 2 drilling program targets the Bradshaw deposit, Sheridan Zone, and Roussain Zone.

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Gowest Gold shareholders approved all resolutions at the annual meeting. Directors were elected, auditors re-appointed, and stock option plan re-approved. The company expresses gratitude for shareholder support and aims for significant progress in developing the Bradshaw Gold Mine and NTGP portfolio.
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Gowest Gold Ltd. (GWSAF) provides an update on its Phase 2 Exploration surface diamond drilling program, showing positive results with significant gold intercepts. The $10 million program aims to expand mineable resources at Bradshaw Gold Mine and test other gold zones in the North Timmins Gold Project area.
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Gowest Gold Ltd. has entered into a loan agreement with Lush Land Investment Canada Inc. for up to $10,000,000 to be used for working capital, debt repayment, and preparation of Redstone Mill for processing of Gowest Gold ore. The loan is unsecured and bears interest at a rate of 12% per annum, with the outstanding balance due and payable on December 31, 2025. The Lender is a significant shareholder of the Corporation, holding approximately 45.36% of the issued and outstanding common shares, making this a 'related party transaction' under MI 61-101. The Loan Agreement has been approved by the disinterested members of the board of directors of the Corporation and remains subject to the final approval of the TSX Venture Exchange.
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Gowest Gold Ltd. (TSXV: GWA) completes 5,000-metre Phase 1 surface diamond drill program and secures a $10,000,000 loan agreement for additional exploration at its North Timmins Gold Project. The loan will fund the exploration program at Bradshaw Gold Mine and other areas of the NTGP, aiming to expand mineable resources. The Lender, Greenwater Investment Hong Kong Limited, is a significant shareholder holding 26.02% of the company's shares.
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Gowest Gold Ltd. (TSXV: GWA) announces the closing of its upsized non-brokered private placement, raising a total of $950,000 to expand the mineable resource at the Bradshaw Gold Deposit and further test the NTGP area.
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Gowest Gold Ltd. (TSXV: GWA) provides an update on the latest assay results from Phase 1 of its surface diamond drill program at Bradshaw Gold Mine. The program aims to expand the mineable resource at Bradshaw and test other parts of the North Timmins Gold Project. Notable results include a highest intercept of 9.77 g/t gold over 3.0 m and planning for a $10 million exploration program for further testing.
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Gowest Gold Ltd. (TSXV: GWA) Provides Update on Bradshaw Gold Mine Operation, Reports Progress in Underground Capital Development and Ore Sill Development
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Gowest Gold announces positive initial assay results from Phase 1 of its surface diamond drill program at Bradshaw Gold Mine. Highest intercept: 10.64 g/t Au over 2.6 m. Mine restart progressing well. Anticipate starting toll milling in Q4 2023.
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Gowest Gold Ltd.

OTC:GWSAF

GWSAF Rankings

GWSAF Stock Data

45.36M
100.59M
84.94%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto