15:37:13 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Gowest Gold Ltd (2)
Symbol GWA
Shares Issued 670,971,870
Close 2024-04-24 C$ 0.065
Market Cap C$ 43,613,172
Recent Sedar Documents

Gowest Gold shareholders approve AGM resolutions

2024-04-25 13:25 ET - News Release

Mr. Dan Gagnon reports

GOWEST GOLD SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ANNUAL MEETING

Gowest Gold Ltd. has provided an update on its annual and special meeting of shareholders held earlier today, at which shareholders of the company approved all presented matters.

Specifically, at the meeting:

  • The following individuals were elected as directors of the company: C. Fraser Elliott (chairman), Dan Gagnon, Peter Quintiliani, Meirong Yuan, Douglas Cater and Fuhua Zhou.
  • DNTW Toronto LLP was reappointed as the auditor of the company.
  • Shareholders reapproved and confirmed the 10-per-cent rolling stock option plan of the company in accordance with the applicable policies of the TSX Venture Exchange.

Additional details regarding each of these matters are included in the management information circular prepared in connection with the meeting. A copy of the management information circular is available for review under the company's profile on SEDAR+ and on the company's website.

Mr. Elliott stated: "On behalf of our management team and the rest of our directors, I would like to thank all of our shareholders for their exceptional support, and we look forward to demonstrating significant progress in the months and years to come as we further develop and expand both the Bradshaw gold mine and the rest of our highly prospective NTGP portfolio."

About Gowest Gold Ltd.

Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100-per-cent-owned Bradshaw gold deposit on the Frankfield property, part of the corporation's North Timmins gold project (NTGP). Gowest is exploring additional gold targets on its plus-100-square-kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ont., gold camp. Currently, Bradshaw contains a National Instrument 43-101 indicated resource estimated at 2.1 million tonnes (t) grading 6.19 grams per tonne gold (g/t Au) containing 422,000 ounces (oz) Au and an inferred resource of 3.6 million t grading 6.47 g/t Au containing 755,000 oz Au. Further, based on the prefeasibility study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains mineral reserves (Mineral resources are inclusive of mineral reserves.) in the probable category, using a cut-off of three g/t Au and a gold price of $1,200 (U.S.) per oz, totalling 1.8 million t grading 4.82 g/t Au for 277,000 oz Au.

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