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Gowest ist ein kanadisches Goldexplorations-und Entwicklungsunternehmen, dass sich auf die 100%ige Frankfield East Gold Lagerstätte (in der vielversprechenden 'Timmins' Lage, Ontario, Kanada) konzentriert. Es bewertet auch zusätzliche Ziele in der Nähe. Bohrungen in 2010 haben die Kontinuität der Mineralisierung bis zu einer Tiefe von 700m und mindestens 700m entlang das Streiches bestätigt. Die Lagerstätte bleibt offen. Dies hat die Grösse der Mineralisierung mehr als verdoppelt.
Frankfield East hat eine abgeleitete Ressource von 510.000 Unzen (2,4m Tonnen @ 6,5 g/t Gold) . Die Bohrungen haben ein Mineral-Potenzial bei Frankfield East von mehr als 1m Unzen gezeigt. (4,5-5.5 million tonnes @ 6.5-7.0 g/t Au).

• 09/12/2011 Gowest Gold plant C$2 Mio Privatplatzierung für Frankfield East
• 15/11/2011 Gowest Gold legt wirtschaftliche Erstbewertung für Frankfield East vor
• 15/08/2011 Gowest Gold will die Ressourcen auf Frankfield East verbessern
• 03/03/2011 Gowest erweitert hochgradiges Gold bis 920m Tiefe
• 16/02/2011 Gowest Amalgamated Resources erbohrt 4,7m mit 13 g/t Gold auf Frankfield East

• 01/11/2011 Gowest Gold meldet neue Bohrergebnisse von Frankfield East Goldvorkommen
• 06/10/2011 Gowest Gold beginnt diesen Monat Bohrungen im Süden des Frankfield East Vorkommens
• 15/08/2011 Gowest Gold hat die Privatplatzierung abgeschlossen
• 20/07/2011 Gowest Gold plant C$3.2 Mio Privatplatzierung
• 14/07/2011 Gowest Gold macht vielversprechende Tiefenfunde auf Frankfield East

Gowest (GWA: TSX-V) is a gold exploration and development company focused on exploring, growing and mining its 100%-owned Frankfield gold project in the prolific Timmins Gold Camp in Ontario, Canada.

The company’s goal is to expand upon its underexplored 510,000 oz, 2.4 million tonne, 6.5 grams per tonne gold deposit (43-101 inferred), proving a resource in excess of 1 million ounces.

Gowest became the 100%-owner of the Frankfield gold project in March, 2009. In December Gowest announced the acquisition of adjacent properties from Goldcorp that quadrupled its land position, and in December 2009 the company raised $6.5 million through a private placement.

In January 2010 Gowest commenced a 20,000 metre drill program focused on expanding the known resource at the Frankfield East deposit and exploring additional gold anomalies located along similar geological contact structures. In addition to this the company will be doing metallurgical testing to refine processing alternatives for the Frankfield mineralization, completing an environmental baseline study to allow for future bulk sampling and mining; and evaluating site locations for a Frankfield processing facility.

The property is accessible by highway 655 and an all-weather gravel road. The Frankfield Project is located within the Abitibi Greenstone Belt, which has historic production and reserves of over 143.7 million ounces of gold, or 48% of all the gold in Canada. The Timmins Gold Camp alone, a relatively small portion within the Abitibi Greenstone Belt, accounts for 65 million of those gold ounces.

Gowest is guided by a diverse team of professionals with experience and expertise uncommon in a junior gold exploration and development company. From the areas of capital finance, executive leadership, marketing, mine development, mine operations and gold production, team members have been drawn together by a shared belief in the assets and in the company¹s ability to maximize shareholder value.

Board of Directors

C. Fraser Elliott, B.A., B. Comm., Executive Chairman
Since 1987, Mr. Elliott has been the President of CFE Financial Inc., a private investment banking company. From January 1, 2005, Mr. Elliott was Chief Financial Officer of Tangarine Payment Solutions Corp. a public company, which he listed on the TSX Venture Exchange. He arranged the successful sale of the business in March 2009. He was Chief Financial Officer of Ritchies Inc., a private company in the business of auctioning art and other artifacts. From 1998 to 1999, he was VP - Finance, Chief Financial Officer and Secretary of Vital Retirement Living Inc., a public company listed on the TSX Venture Exchange. He has been a director of VRL since 1998. He is presently a director of one other public company, Sylogist Inc., listed on the TSX Venture exchange.
Mr. Elliott holds a degree in B.A. (Economics) from the University of Western Ontario and B. Comm. (Accounting) from the University of Windsor.

Ewan Mason, MBA, Director & Chair of the Audit Committee
Mr. Mason was formerly head of mining investment banking at a large Canadian securities firm and has worked in the financial sector for 17 years. Prior to that, he was employed as a geologist with a number of Canadian and international mining companies. Mr. Mason also serves as a director of Scorpion Mining Corporation.
Mr. Mason holds a BSc Honours degree in Geology from the University of Western Ontario and an MBA from the University of Toronto.

Jeremy Niemi, BSc, Director
Mr. Niemi is a geologist with more than 13 years experience in the mining/resource industry, both at corporate and operational levels. Mr. Niemi is currently Vice President, Geology with Noront Resources, prior to which he was Manager, Technical Services, for Kinross Gold Corporation. He started his career with Inco Technical Services Ltd. in 1996, working on the Victor Deep project in the Sudbury basin.
Mr. Niemi is a member of the Association of Professional Geoscientists of Ontario and holds a BSc Honours degree in Earth Sciences from Laurentian University.

Gregory James Romain, President & CEO, Executive Director
Mr. Romain has been involved in the mining and mineral processing industry for over 20 years and will guide Gowest from being involved purely in exploration towards becoming a development and mining firm with producing assets. He has been the President and CEO since 2008 and has overseen the early stages of consolidation and transition.
Most recently, Mr. Romain was President and CEO of a Canadian manufacturing company that sold products exclusively to the global mining industry. Mr. Romain took the company public as an income trust in 2005 and, with the regulation changes to the income trust sector, the company was sold to a private equity group in 2007. Mr. Romain is a native of Timmins, Ontario.

Management

Janet O’Donnell, CFO & Secretary
Mrs. O’Donnell is a career accounting professional with over 25 years experience. Mrs. O’Donnell most recently was CFO of a gold producer whose operations were focused in Mexico, where her responsibilities included overseeing the company’s financial operations in three countries and managing cash flows from sales of gold from two mines. Prior to that, she was the CFO of a Canadian manufacturing company that sold products exclusively to the mining industry. Mrs. O’Donnell was an integral part of the team that took the company public as an income trust in 2005 and then sold it to a private equity group in 2007.

Darren M. Koningen, PEng, Vice President, Technical Services
Mr. Koningen is a professional engineer (metallurgy) with 16 years of international mining experience.
Mr. Koningen is currently an independent metallurgical consultant, managing process development projects, test work and metallurgical studies on behalf of clients. Most recently, he was Vice President of Project Development, and before that, VP-Operations and VP-Engineering for Castle Gold Corp. and Aurogin Resources (prior to its merge with Morgain Minerals to form Castle Gold). Before joining Castle Gold, Mr. Koningen was employed as a Senior Process Engineer (mining) with Kvaerner Engineering. Mr. Koningen's broad international experience in metallurgy process design and operations has allowed him to make significant contributions to bringing two operating and profitable gold mines to production for Castle Gold. Mr. Koningen also serves as a director of Virgin Metals Inc.
Mr. Koningen obtained his Bachelor of Applied Science, Mineral Process Engineering from Queens University in 1990, receiving both the Dean’s Gold Medal and the Athlone-Vanier Engineering Fellowship.

Randall Roussain, Project Coordinator – Exploration
Mr. Roussain has spent over 35 years working in the Timmins gold camp with companies such as Canamax and Kinross. He was intimately involved with the discovery of a number of new deposits including the Bell Creek-Marlhill-Vogel deposits with Amax/Canamax and the prized 1060 Zone at Hoyle Pond in Timmins with Kinross which is presently being mined by Goldcorp. Mr. Roussain lead the Kinross geological team involved in the early development and promotion of Kinross in the Timmins camp. He is experienced in all phases of surface exploration and underground work in the development of a mining company.

Miguel Cardona, Technical Services – Exploration
Mr. Cardona has 18 years experience in the mining industry, primarily in exploration, but also in underground and open pit mine operations.
Most recently Mr. Cardona was Manager of Exploration for Castle Gold Corp. Prior to that he worked for Teck-Cominco and was part of the team that discovered the Filos deposit (now owned by Gold Corp.), and was also part of the discovery team for the El Limon advanced stage exploration project with Teck-Cominco. Previous to this, Mr. Cardona worked with Industrias Penoles in various mines all over Mexico. He is fluent in English.
Mr. Cardona obtained his degree in Geological Engineering from the San Louis Potosi University in 1985, followed by a master’s degree in Planning and Systems.

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