Gowest Gold has engaged Stantec Consulting, out of its North Bay (Canada) offices to conduct a prefeasibility study and complete a NI 43-101-compliant report for the development of the corporation’s Bradshaw gold project near Timmins, Ontario. Plans are currently in place whereby the mined material would be shipped off-site for third-party processing (see Gowest release dated July 8, 2014). The report is expected to be completed in Q1 of CY 2015. Stantec is an internationally recognised engineering firm (lead sponsor of the International Mining Technology Hall of Fame) that has been responsible for significant infrastructure projects around the world. It is a world leader in underground mine design and related infrastructure requirements.
Stantec teams have worked in over 30 countries over the past 20 years on some of the most technologically advanced and challenging mines in the world, including mines such as PT Freeport Indonesia’s Grasburg Block Cave, one of the largest such mines ever to be constructed. Closer to home, it provided the detailed engineering, conceptual scoping, prefeasibility and feasibility studies of the underground infrastructure for Glencore’s Nickel Rim South project in Sudbury, Ontario.
Gowest has also added Veikko Koskela, a mining engineer with more than 33 years of mining experience, as Technical Advisor, Mine Development to its technical team. Koskela has been involved in the design and construction of numerous projects around the world. Most recently he was Technical Manager, Consulting Engineer in Jeddah, Saudi Arabia, where he oversaw the international surface construction and mining teams building Al Masane Cu-Zn project. He was also responsible for the resource and reserve estimates and implementation of mechanised underground mine development and production using contract miners.
His primary responsibilities with Gowest will be to work as part of the technical team as Gowest advances the Bradshaw gold project through the design, engineering and construction phases leading up to production.
“We are very pleased to have Stantec, one of the world’s most experienced engineering groups, supporting our team as we move forward in our goal to design, build and operate the Bradshaw project. We expect Bradshaw will be the next new gold mine in the Timmins Camp,” said Greg Romain, Chief Executive Officer of Gowest. “We are also pleased to welcome Veikko as a key advisor and leader helping to ensure the mine is designed and built as efficiently as possible.”
Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw, on the Frankfield property, part of the corporation’s North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its 109-km2 NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. The latest updated resource estimate for Bradshaw included approximately 945,600 oz of gold in the Indicated category (6.0 Mt at a grade of 4.9 g/t Au) and 536,800 oz of gold in the Inferred category (3.7 Mt at a grade of 4.2 g/t Au). As was used in the Preliminary Economic Assessment, the current estimate is based on a 3.0 g/t Au cutoff and a gold price of $1,200/oz.
