Gowest Gold is aiming to restart underground development at Bradshaw, in Ontario, in April after contracting Dumas for four years. Dumas is controlled by Peru-based Stracon Gym.
The Bradshaw mine, said to host more than 1.1 million ounces of gold in indicated and inferred resources grading more than 6 grams per tonne, is part of Gowest’s North Timmins project. The junior is targeting production target of 26,000oz this year, 58,000oz in year two and 100,000oz in year three. Last month it announced C$25 million of equity funding at 10c to advance work on the mine.
Toronto-listed Gowest said Dumas had started moving equipment to the site and was ramping up mobilisation.
“We are extremely pleased to have Dumas, with their extensive experience and focus on safety, as our long-term partner in restarting mining activities at Bradshaw,” said Gowest CEO Dan Gagnon.
“At the same time, now that we have the significant financial support of several of our major shareholders, we are also quickly advancing on several related fronts. This includes hiring personnel, mobilising equipment, ordering consumables and other preparations to ensure Bradshaw’s success as the next new gold mine in the Timmins camp.”
Initial underground work will focus on development and production of a bulk sample area in the East Zone, ventilation infrastructure, and a ramp to expand and access new ore zones.
Gowest is looking to toll mill Bradshaw ore.