Gowest News
NEWS RELEASE TRANSMITTED BY CCNMatthews
FOR: GOWEST AMALGAMATED RESOURCES LTD.
TSX VENTURE SYMBOL: GWA
FEBRUARY 12, 2004 - 10:02 ET
Gowest Amalgamated Resources Ltd: Frankfield
Drilling-Second Report
TORONTO, ONTARIO--
Drilling is continuing on the Gowest - New Texmont (50:50) joint
venture gold property in Tully Township, northeast of Timmins,
Ontario. As reported in a previous announcement, January 29,
2004, this 6000 metre program is designed to establish a gold
resource.
Six borings have been completed and assay results from sampling
of the initial four holes have been received. To provide
continuity, the gold intersections in hole 04-01, previously
reported, are included.
/T/
Hole Location Main Zone Sub Zone
---- --------
From W to E g p t / W Vertical Depth g p t / W Vertical Depth
--------- -------------- --------- --------------
04-03 16+60E 11.80/3 150 m
+50m
04-02 17+10E 5.51/6 150 m
+50m
04-01 17+60E 4.24/5 150 m 2.93/12 140 m
+50m
04-04 18+10E 5.21/1 150 m 4.16/3 108 m
g p t / W represents grams/ true width of zone is approximately
tonne gold core length in 80% of core length
metres
/T/
As is apparent from the above table, the main zone is being
intersected at the 150 metre level (below surface) by south
bearing holes at 50 metre intervals. The above intersections come
from a portion of the Frankfield Zone, which until now, was
untested. Drilling is continuing to test the Zone at the 150 and
200 metre levels.
This drill program is being conducted according to the 43-101
protocol requirements. Swastika Laboratories, an accredited
facility, is undertaking the gold analyses using the standard
fire assay method. The writer is the qualified person for
planning and implementation of the program.
Ronald J. Bradshaw, P.Eng President
Gowest Amalgamated Resources Ltd
Shares Issued and Outstanding: 11,034,333
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Gowest Amalgamated Resources Ltd
Ronald J. Bradshaw
(519) 538-5858
(519) 538-5530 (FAX)
The TSX Venture Exchange has neither approved or disapproved the
information contained herein.
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