Gowest Gold Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Daniel Gagnon
- Full Time Employees
- 15
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 80 Richmond Street West Toronto ON Canada M5H 2A4
- IPO Date
- Aug 3, 2012
- Website
- gowestgold.com
- Similar Companies
- Business
- Gowest Gold Ltd. is a Canadian enterprise actively engaged in gold exploration and development, primarily centered within the prolific Timmins Gold Camp in Ontario. The company's main focus is on the Bradshaw Gold Deposit, which it wholly owns and is developing as a key component of its larger North Timmins Gold Project. The North Timmins Gold Project encompasses approximately 12,000 hectares across various townships including Evelyn, Gowan, Little, Prosser, Tully, and Wark, and includes patented mining claims, mining leases, and unpatented mining claims. This significant land package, which has expanded since 2009, is situated within the resource-rich Abitibi Greenstone Belt, known for its extensive gold production. Gowest Gold holds a 100% interest in its core Frankfield Property, where the Bradshaw Gold Deposit is located, comprising several mining leases. Additionally, its portfolio features the Tully properties, covering over 2,500 hectares, and the Gowest Whitney Property, with nine patented claims. The company also holds an interest in the Pipestone Property. In recent years, Gowest has focused on advancing the Bradshaw deposit towards production, securing significant financing in 2023 for development and a planned restart of mining operations. The mine initiated underground production in April 2023, with plans to process ore at Northern Sun Mining Corp.'s Redstone Mill, following a toll milling agreement. However, operations at Bradshaw were temporarily moved to a "Care & Maintenance" phase in November 2023, pending the completion of the tailings pond construction and mill readiness in 2024. Despite this, exploration drilling continues, with recent results from a 2023 surface diamond drill program indicating potential to expand mineable resources. In a notable corporate development, Gowest Gold Ltd. completed a "go-private" transaction in September 2024, where a group of existing shareholders acquired all outstanding common shares not already owned by them, leading to the delisting of the company's shares from the TSX Venture Exchange. The company, originally known as Gowest Amalgamated Resources Ltd., adopted its current name in March 2011 and maintains its headquarters in Toronto, Canada.
Gowest Gold Ltd. Completes Go Private Transaction
Gowest Gold Obtains Final Order Approving Go Private Transaction
Securityholders of Gowest Gold Approve Go Private Transaction
Gowest Gold Ltd. Enters into Definitive Agreement with Group of Existing Shareholders to Go Private
Gowest Gold Enters into Toll Milling Agreement with Northern Sun
CORRECTION FROM SOURCE: Gowest Gold Provides the 2nd Exploration Update on Its Phase 2 Diamond Drilling Program
Gowest Gold Provides the 2nd Exploration Update on Its Phase 2 Diamond Drilling Program
Gowest Gold Shareholders Approve All Resolutions at Annual Meeting
Gowest Gold Provides Phase 2 Diamond Drill Program Update at Bradshaw
Gowest Gold Announces New $10 Million Loan Agreement
Gowest Gold Announces $10 Million Loan Agreement, New Exploration Program, and Completion of Phase 1 Diamond Drill Program at Bradshaw
Gowest Gold Provides Exploration Update on Phase 1 Diamond Drilling at Bradshaw
Gowest Gold Provides Development Update at Bradshaw
Early Warning Reports Issued Pursuant to NI 62-103 - Transactions Involving Common Shares of Gowest Gold Ltd
Gowest Gold Announces Initial Exploration Drill Results at Bradshaw
Gowest Gold: Bradshaw Gold Mine Restart Progressing Well on All Fronts
Gowest Gold Completes Debt Conversion
Gowest Announces $500,000 Debt Financing
Gowest Gold Regrets the Passing of Greg Hart
Gowest Gold Appoints Dan Gagnon as President & CEO