Go West Amalgamated Resources Ltd.

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  GOWEST AMALGAMATED RESOURCES LTD.

TSX VENTURE SYMBOL:  GWA

FEBRUARY 5, 2004 - 15:02 ET

Gowest Amalgamated Resources Ltd. Announces $200,000
Private Placement Offering

TORONTO, ONTARIO--Gowest Amalgamated Resources Ltd. ("Gowest") 
announces a non-brokered private placement (the "Offering") of up 
to 1,000,000 units (the "Units") at $0.20 each, for total gross 
proceeds of up to $200,000. Each Unit is comprised of one 
flow-through common share of Gowest and one common share purchase 
warrant (the "Warrant"). Each Warrant will entitle the holder to 
purchase one additional common share of Gowest at an exercise 
price of $0.30 for a period of 24 months from the date of closing 
of the Offering (the "Closing Date"). 

Gowest will use the proceeds to continue exploration on its 
Frankfield Project. 


/T/

Ronald J. Bradshaw
President

/T/



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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