Page 28 By Kevin V incent 2018 fnished with a furry of good news for Gowest as the company con tinued its eforts to bring the Bradshaw Site gold mine just north of T immins into full production The company is anticipating commer cial production in 2019 with a peak of 50000 ounces per year In late November 2018 Gowest an nounced a muchneeded injection of 5 milli on in a private placem ent that was expected to close December 31 That private placement came shortly after the company provided a mar ket update that included news it had entered into a custommilling agree ment with QMX Gold Corporation of V al Dor Quebec QMX will process Gowest s ore at its Aurbel Mill In reaching the agreement Gowest termed it a critical milestone one that had proven to be a major impedi ment in the company s eforts to raise the additional funds needed to contin ue Bradshaw s development let alone for conducting further work on the rest of its more than 100squarekilo metre North T immins Gold Project the company stated in a news release W ith that agree ment in hand Gowest actively engaged in discussions with a number of parties to identify the best way to raise new funding All of this couldn t have come at a bet ter time for Gowest as preproduction work continued at the North T immins Gold project Gowest completed more than 2000 metres of under ground development in 2018 incl uding commissioning a main ramp and portal of sufcient size for the future operating mine The development was conducted at the 30 45 and 60 metre levels Silling was also initiated as the frst stopes are prepared for development The under ground work revealed the gold structures and accordin g to the company shown excellent continuity in the mineralization and confrmed and enhanced the team s geological model Importantly all of this has been completed with no injuries at the project to date either at surface or un der ground At the same time more than 28000 tonnes of development material was stockpiled on surface for sorting mill ing and sale as a concentrate In preparation for future production the water treatment plant has been made fully operational and the dis char ge is environmentally compliant The oresorter which is now com pletely enclose d in a dome building facility has been commissioned and proven to perform as expected Initial tests have shown that it should be pro ducing gold bearing material from the stockpiles grading 6 gt to 10 gt for trucking to the Aurbel facility for toll milling Previous milling and fotation test work showed 97 recoveries Additional work has demonstrated stable and competent ground condi tions in the ore and waste areas and a revised geological model has sharply expanded the potential of the mineral ized area Gowest has completed an agreement to have the gold concentrate produced at the Aurbel mill sent for fnal pro cessing and sale at Shandong Humon Smelting in China On the investor side the past year has seen Gowest sharply enhance and derisk its Bradshaw asset including intersecting the highest gold values to date at 155 gt gold in a new zone outside the resource The team has also identifed 20 new gold zones in bulk sample area as well as two new highgrade gold zones north and west of main deposit A 30hole 3871me tre under ground infll drilling pro gram has been completed that has signifcantly enhanced the company s understanding of the deposit This in cluded tightening drill spacing and in creasing the technical team s detailed knowledge of the mineralized struc tures In addit ion to refning the de posit geometry to defne stope limits and enhance grade control this drill ing clearly demonstrated the potential to add signifcant additional material to the resource President CEO Greg Romain said Despite the difcult market condi tions our team has much to be proud of Meanwhile we continue to work towards our plan of making Bradshaw a comm ercial mine W e are currently reviewing our fnancing options and we are hopeful that we will be able to provide a further update in this re gard before the end of the year Mean while on behalf of the Board and our management team we appreciate the support we have received from our shareholders and we look forward to providing them with the proof that their patience has not been in vain Gowest Looks to in 2019 Commer cial Pr oduction