VANCOUVER (miningweekly.com) – Little-known exploration and development company Gowest Gold is preparing to become the newest gold producer in the legendary Timmins Gold Camp, which, since its discovery in the early 1900s, has produced almost half of all the gold mined in Canada.
The TSX-V-listed company is moving its North Timmins gold project – host to the Bradshaw deposit – through the permitting process, with a view to start commercial production during the first quarter of 2019. It expects to ship first ore to a nearby plant before the end of the year as part of a 30 000 t bulk sample.
Gowest CEO Gregory Romain told Mining Weekly Online in an interview that the company is unlocking an opportunity in the Timmins Gold Camp by being one of the first to look into the potential of developing the refractory and sulphide ores in the region, something most other district participants overlooked in their quest for the “low-hanging fruits” that made the region famous.
“We are not dressing the project with the goal of selling it on. With management holding a significant stake in the venture, we intended from the outset to create a cash-flowing mine,” he said.
The North Timmins project includes the company’s wholly owned Bradshaw gold deposit, which was formerly known as the Frankfield East gold deposit. Gowest’s 10 942-ha land package is located near Timmins, Ontario – Romain’s home town.
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