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Timmins mine builder begins processing first development ore

Gowest Gold searching for financing to finish bulk sampling program
Gowest Gold LHD photo
(Gowest Gold photo)

The first development ore from Gowest Gold's Bradshaw gold deposit is being processed at Northern Sun's Redstone Mill.

Toronto mine developer said on Dec. 1 that this material is part of the "gold-bearing mixed development ore" that had been collected and stockpiled on-site from the company’s ongoing advanced exploration bulk sample program.

The Bradshaw deposit is part of the company’s North Timmins Gold Project, 32 kilometres northeast of Timmins. The deposit contains an indicated resource estimated at 2.1 million tonnes, grading 6.19 grams per tonne gold containing 422,000 ounces, and an inferred resource of 3.6 million t grading 6.47 grams per tonne containing 755,000 ounces.

The company further reports that it's working with interested parties and reviewing both short- and long-term financing opportunities required to raise money to finish the sample and move Bradshaw into commercial production sometime in 2021.

“Following on our recent receipt of our mining production permit for Bradshaw as well as commissioning of the ore-sorter and other operational advances at the site, this start of milling at Redstone represents another critical milestone toward seeing the Bradshaw gold deposit as the newest gold mine in the Timmins camp," said Gowest president Greg Romain in a news release.