Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA)(OTCBB:GWSAF) is
pleased to report 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.


In 2006, Gowest conducted shallow diamond drilling (three holes totaling 1,180
m) on the White Star leases under a previous option and prior to the current
resource expansion of the Bradshaw deposit to NI 43-101 standards. Gowest has
since developed a clearer understanding of the gold mineralization at Bradshaw,
which will better allow the Company to focus on the recognized potential to
extend eastward across the White Star leases.


The leases are to be acquired pursuant to the terms and conditions of a purchase
agreement entered into between J. Patrick Sheridan (the "Vendor"), New Texmont
Explorations Ltd. ("New Texmont") and the Company. The purchase price payable by
the Company for the leases will be the grant to the Vendor of a sliding scale
net smelter return royalty in respect of gold production from the relevant
properties equal to 1.0% at gold prices less than US$950 per ounce and 1.5% at
gold prices equal to or greater than US$950 per ounce (the "NSRR"). Pursuant to
the purchase agreement, the Vendor will immediately following closing assign and
transfer all of his right, title and interest in and to the NSRR to New Texmont.
The NSRR will be subject to the same terms and conditions (and form part of the
same royalty interest) as previously granted by the Company to New Texmont as
set out in an Acquisition Agreement dated December 19, 2008 between the
Purchaser and New Texmont.


The Company also announces that a total of 3,275,000 options to purchase common
shares of the Company were granted on February 28, 2014 to directors, officers
and consultants at an exercise price of $0.08 per share, expiring on February
28, 2019. The grant is subject is subject to regulatory approval.


The Company also announces that it intends to issue, subject to TSX Venture
Exchange approval, an aggregate of 250,000 common shares to non-management
directors of the Corporation (50,000 common shares per director), as partial
payment of fees owed to such directors in respect of the quarter ended October
31, 2013. The aggregate deemed value of the common shares to be issued is
$12,500.00. The shares are being issued in lieu of cash in order to conserve the
cash resources of the Corporation.


Qualified Person: This press release has been reviewed by Mr. Kevin Montgomery,
P.Geo., Gowest's Manager of Exploration and a Qualified Person under National
Instrument 43-101.


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),
on the Frankfield Property, part of the Company's North Timmins Gold Project
(NTGP). Gowest is exploring additional gold targets on its 109-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 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: 
Greg Romain
President & CEO
(416) 363-1210
info@gowestgold.com


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

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