TORONTO, Jan. 18, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Firm”) (TSX VENTURE: GWA) at the moment offered an replace on its annual and particular assembly of shareholders scheduled to be held on January 29, 2021 (the “Assembly”).

In mild of the COVID-19 pandemic and in step with the present Authorities of Ontario stay-at-home order, and within the curiosity of defending the well being and security of Gowest’s shareholders, staff and the communities through which they reside, we ask that shareholders chorus from attending the Assembly in individual. Relatively, shareholders are strongly inspired to vote by proxy prematurely of the Assembly. Solely the minimal variety of proxyholders and shareholders as are required to conduct the Assembly might be permitted to attend in individual.

The overwhelming majority of our shareholders usually vote by proxy and we encourage shareholders to proceed to vote on this method. To be able to guarantee as many widespread shares as potential are represented on the Assembly, shareholders are inspired to finish the instrument of proxy offered to them and comply with the directions set out therein and within the associated administration info round of the Firm dated December 15, 2020 (which is on the market on the Firm’s web site at www.gowestgold.com).

To be efficient, a proxy should be deposited with the Firm’s switch agent and registrar, TSX Belief Firm, 301-100 Adelaide Avenue West, Toronto, Ontario, M5H 1S3 (Consideration: Proxy Division), on or earlier than 10:00 a.m. (Toronto time) on Wednesday, January 27, 2021, or not less than 48 hours, excluding Saturdays, Sundays and holidays, earlier than any adjournment or postponement of the Assembly at which the proxy is for use.

Shareholders might take heed to the Assembly by reside audio teleconference beginning at 10:00 a.m. (Toronto time) on January 29, 2021 utilizing the next teleconference directions:

• Teleconference Quantity: 647-797-0071 (native) or 1-833-600-1823 (toll free in Canada)
• Convention Room Quantity: 363-541-656# (when prompted)

Please notice that shareholders won’t be entitled to vote at, or in any other case take part in, the Assembly by the use of teleconference or different digital means.

About Gowest

Gowest is a Canadian gold exploration and improvement firm centered on the event of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, a part of the Firm’s North Timmins Gold Mission (NTGP). Gowest is exploring extra gold targets on its greater than 100‐sq.‐kilometre NTGP land bundle and continues to guage the world, which is a part of the prolific Timmins, Ontario gold camp. At present, Bradshaw accommodates a Nationwide Instrument 43‐101 Indicated Useful resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Useful resource of three.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Additional, based mostly on the Pre‐Feasibility Research produced by Stantec Mining and introduced on June 9, 2015, Bradshaw accommodates Mineral Reserves (Mineral Sources are inclusive of Mineral Reserves) within the possible class, utilizing a 3 g/t Au minimize‐off and using a gold value of US$1,200 / oz, totalling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.

Certified Particular person

The technical info on this information launch has been reviewed and authorised by Yungang Wu, P.Geo., Gowest’s Senior Geologist, who’s the Certified Particular person for the technical info on this information launch below Nationwide Instrument 43-101 requirements.

Ahead-Wanting Statements

This information launch might include sure “ahead wanting statements.” Ahead-looking statements contain recognized and unknown dangers, uncertainties, assumptions and different components which will trigger the precise outcomes, efficiency or achievements of the Firm to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements. Any forward-looking assertion speaks solely as of the date of this information launch and, besides as could also be required by relevant securities legal guidelines, the Firm disclaims any intent or obligation to replace any forward-looking assertion, whether or not on account of new info, future occasions or outcomes or in any other case.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.