Gowest Gold (TSE:GWA) has released an update.
Gowest Gold Ltd. has announced a toll milling agreement with Northern Sun Mining Corp., enabling ore from Gowest’s Bradshaw mine to be processed at Northern Sun’s Redstone mill in Timmins, Ontario. The one-year agreement stipulates payment for operating and capital costs plus a fixed fee per tonne by Gowest, with provisions for Gowest to seek matching terms from third parties and termination rights if financing for mining activities is not secured. The company is actively pursuing necessary funding to kickstart mining operations at Bradshaw.
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