Gowest started underground development at the Bradshaw mine site on May 11, 2017, when the first blast was executed at the portal, which is located at the east side of the outcrop.
As of October 2021, Gowest: Completed over 2,098 metres of underground development: * Developed three levels at 30, 45 and 60 metre level. * Initiated silling; ready to develop stopes.
28,567 tonnes of development material stockpiled on surface is being sorted and processed at Redstone mill.
Signed toll-milling agreement with Northern Sun.
Received 1,500 TPD Production Permit.
The Company requires additional funding to meet its operational objectives and is working with interested parties who are reviewing both short term and long-term financing opportunities in order to complete the bulk sample and advance towards commercial production. |