03:28 PM EST - Gowest Gold Ltd. : Provided a further update on its progress on the Company's Advanced Exploration - Bulk Sample program at its wholly-owned Bradshaw Gold Deposit. Gowest also announces today that it intends to conduct a private placement of flow-through shares and common share units for aggregate gross proceeds up to $8,000,000. Highlights: the company is now developing in ore at the 45-metre level; Total development reached 790 metres on October 17; Incline back up to 30-metre level is complete, and development has started to cross-cut ore at that level; Completed 14 of 18 infill holes in the bulk sample area. Gowest Gold Ltd.
shares V.GWA are trading up $0.005 at $0.17.
