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gowest gold ltd (GWA) Snapshot

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03/26/14 - C$0.10
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gowest gold ltd (GWA) Details

Gowest Gold Ltd. operates as an exploration and development stage mining company in Canada. Its principal asset is the North Timmins Gold Project, which includes its 100% owned Frankfield East Gold deposit located to the north-northeast of the city of Timmins, Ontario. The company was formerly known as Gowest Amalgamated Resources Ltd. and changed its name to Gowest Gold Ltd. in March 2011. Gowest Gold Ltd. was incorporated in 1982 and is headquartered in Toronto, Canada.

Founded in 1982

gowest gold ltd (GWA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$180.0K
Chief Financial Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

gowest gold ltd (GWA) Key Developments

Gowest Gold Ltd expected to report Fiscal Year 2014 results on February 27, 2015. This event was calculated by Capital IQ (Created on February 25, 2015).

Gowest Gold Ltd expected to report Fiscal Year 2014 results on February 27, 2015. This event was calculated by Capital IQ (Created on February 25, 2015).

Gowest Gold Granted Additional Extension for Letter of Intent with Kidd Operations, Located in Timmins, Ontario

Gowest Gold Ltd. reported that it has received an extension of up to six months with regard to non-binding letter of intent that the company had entered into with the Kidd Operations, located in Timmins, Ontario. The plan is to refurbish the Division 'D' line of the concentrator at the Kidd Operations to process Gowest's Bradshaw Gold Deposit resources into a high-grade (+90 grams per tone) 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. The company is currently working with Stantec Consulting Ltd. to conduct a Pre-Feasibility Study and complete a National Instrument 43-101-compliant report for the development of the company's Bradshaw Gold Project near Timmins, Ontario, that assumes the resources will be processed at the Kidd Operations. The PFS is expected to be completed by the end of first quarter of 2015. This is the same time frame in which the company anticipates obtaining the necessary permits to conduct an advanced underground exploration program.

Gowest Gold Ltd Appoints Meirong Yuan to the Board of Directors

Gowest Gold Ltd. announce that Meirong Yuan has been appointed to the Board of Directors of the corporation. Mr. Yuan is a nominee of Fortune Future Holdings Limited and was appointed in connection with Fortune's recent investment in the Corporation in the aggregate amount of $3,400,000. Yuan has over 22 years of experience in corporate finance and currently serves as vice-president of Fortune.


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