Gowest Amalgamated Resources Ltd.
TSX VENTURE : GWA

Gowest Amalgamated Resources Ltd.

January 25, 2010 11:28 ET

20,000 Metre Drill Program Underway at The Frankfield Gold Project in the Timmins Gold Camp

TORONTO, ONTARIO--(Marketwire - Jan. 25, 2010) - Gowest Amalgamated Resources Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA) today provided an update of the Company's 2010 development program for its Frankfield Project in Timmins, Ontario.

  • The 20,000 metre drill program commenced on January 19, 2010. This program will be completed in two phases with the first phase taking place in the winter months followed by the second phase after the spring thaw. This program is aimed at expanding the known resource base at the Frankfield East deposit and exploring additional gold anomalies located along similar geological contact structures;
  • Additional metallurgical testing to refine processing alternatives for the Frankfield mineralization;
  • Completion of an environmental baseline study to allow for future bulk sampling and mining; and
  • Evaluation of site locations for a Frankfield processing facility.

Greg Romain, President & Chief Executive Officer of Gowest, commented, "This will be a very busy and exciting year at Gowest as we begin to execute the largest drill program ever planned on the Frankfield Gold Project and as the company works toward demonstrating the economic viability of the Frankfield East gold deposit. We look forward to reporting results as they become available."

Qualified Person

This press release has been reviewed by Mr. Darren Koningen, P. Eng., Gowest's Vice President of Technical Services. Mr. Koningen is a Qualified Person under National Instrument 43-101.

About Gowest

Gowest is a Canadian gold exploration and development company focused on financing, exploring, growing and mining its 100% owned 510,000 oz (2,200,000 tonnes @ 6.5 g/t, 43-101 inferred resource) Frankfield East gold deposit, part of the greater Frankfield Project in the prolific Timmins gold camp.

Forward-looking statements

This news release contains certain "forward looking statements". Such forward-looking statements involve risks and uncertainties. The results or events depicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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