Go West Amalgamated Resources Ltd.

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  GOWEST AMALGAMATED RESOURCES LTD.

TSX VENTURE SYMBOL:  GWA

SEPTEMBER 10, 2004 - 11:34 ET

Gowest Amalgamated Resources Ltd. Announces $1,050,000
Private Placement Offering

TORONTO, ONTARIO--(CCNMatthews - Sept. 10, 2004) - Gowest 
Amalgamated Resources Ltd. ("Gowest") announces a non-brokered 
private placement (the "Offering") of up to 700,000 units (the 
"Units") at $0.30 per Unit and up to 2,800,000 "flow-through" 
common shares of Gowest (the "Flow-Through Shares") at $0.30 per 
Flow-Through Share, for total gross proceeds of up to $1,050,000. 
Each Unit is comprised of one common share of Gowest (the "Common 
Shares") and one-half of one Common Share purchase warrant (each 
whole warrant, a "Warrant"). Each Warrant will entitle the holder 
to purchase one Common Share at an exercise price of $0.375 for a 
period of 18 months from the date of closing of the Offering (the 
"Closing Date"), which is expected to occur on or about September 
24, 2004. Jones, Gable & Company Limited has agreed to act as the 
finder for the Offering. Gowest will pay a finder's fee equal to 
7% of the gross proceeds of the Offering, payable in cash, and 
will issue a broker's warrant entitling the finder to purchase 
that number of Units equal to 7% of the number of Units and 
Flow-Through Shares sold pursuant to the Offering at an exercise 
price of $0.30 per Unit exercisable for 18 months following the 
Closing Date. 

The securities issued under the Offering will be subject to a 
hold period of four months from the Closing Date. 

Gowest will use the proceeds for general working capital purposes 
and to carry out mineral exploration programs. 

The Offering is subject to regulatory approval. 

Ronald J. Bradshaw, President 

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FOR FURTHER INFORMATION PLEASE CONTACT:
Gowest Amalgamated Resources Ltd.
Ronald J. Bradshaw
President
(519) 538-5858
(519) 538-5530 (FAX)
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

Gowest News