Gowest Amalgamated Resources Ltd.
TSX VENTURE : GWA

Gowest Amalgamated Resources Ltd.

July 20, 2005 09:02 ET

Drilling Results on Gowest's Detour Lake Property

TORONTO, ONTARIO--(CCNMatthews - July 20, 2005) - Gowest Amalgamated Resources Ltd. (TSX VENTURE:GWA):

Trade Winds Intersects 73.89 g/tonne Gold over 1.40 metres and 6.01 g/tonne Gold over 23.0 metres on Gowest Project, Detour Lake

The following NEWS RELEASE was issued by Trade Winds this past evening. Obviously, Gowest is most pleased with the results and progress of drilling on our property. You may visit our website at www.gowestamalgamated.com

Ronald J. Bradshaw, P. Eng. President

Gowest Amalgamated Resources Ltd.

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Timmins, Ontario, July 19, 2005 - Trade Winds Ventures Inc. (TSX VENTURE:TWD) is pleased to report several high grade gold zones have been intersected within the first diamond drill hole completed during the 2005 spring and summer drilling program on the Gowest Claims at Detour Lake. The Gowest claims are situated approximately 6.3 km west of Placer Dome's Detour Lake Mine, which historically produced 1.7 million ounces of gold. Trade Winds can earn up to a 60% interest from Gowest Amalgamated Resources Ltd. (TSX VENTURE:GWA), one of its three optioned Detour Lake Properties located in one of the most prolific gold producing belts, the Abitibi Greenstone Belt, situated approximately 160 kilometres northeast of Timmins, Ontario.

Diamond drilling is being focussed along the M Zone structural corridor which occurs along an ultramafic/mafic contact. To date Trade Winds has drill tested the M Zone structural corridor along a 3.6 kilometre strike length with high grade gold values and visible gold occurring in over 80% of the drill holes.

TWDDH-033F started as a wedge up from Hole TWDDH-033, collared on Section 13150E/21410N, bearing 190 degrees, dipping -70 degrees at the 714 metre interval. The purpose of wedging was to test up-dip of last year's program, targeting the centre of M Zone where gold mineralization is interpreted to occur. Wedging ultimately induced the dip to raise up to approximately -55 degrees, thus enabling testing of the inferred central core of high grade gold mineralization within the M Zone. Extensive potassic alteration and quartz veining occurs along the M Zone Structural Corridor with visible gold observed in at least 5 locations in this hole.

Assay results confirmed TWDDH-033F tested the approximate central core of M Zone gold mineralization by returning 6.01 grams/tonne gold over 23 metres (0.17 oz/ton over 75.44 feet), from 999-1022 metres, including 85.98 grams/tonne gold over 1.40 metres (2.50 oz/ton over 4.59 feet) along the upper contact from 999-1000.4 metres. A hanging wall quartz zone was also cross-cut with visible gold noted in two of the quartz veins from 958.7-960.10 metres which returned 73.89 grams/tonne gold over 1.40 metres (2.15 oz/ton over 4.59 feet).

TWDDH-033F assay results are significant in that they indicated high grade gold mineralization continues to plunge gently to the west along the M Zone Structure over 3.6 kilometres and remains open to the west. Diamond drilling is continuing with a second hole presently testing up-dip of TWDDH-033F. Previous Trade Winds and Placer Dome diamond drilling has also determined that a second core of higher-grade gold mineralization occurs within the M Zone structure approximately 250 metres beneath the current zone.

Listed in the table below are the significant gold intersections from TWDDH-033F:



TWDDH-033F

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FROM TO COMPOSITE COMMENTS
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oz/ gm/
metres metres ton feet tonne metres
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923.5 925.4 0.07 6.23 2.43 1.90 Visible gold in quartz vein
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939.25 940.2 0.14 3.12 4.85 0.95
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958.7 960.1 2.15 4.59 73.89 1.40 2 quartz veins with visible
gold
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965.5 966 0.11 1.64 3.79 0.50 Tellurides in quartz vein
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Altered basalts with quartz
981 985.35 0.17 14.27 6.01 4.35 veins, visible gold
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999 1022 0.17 75.44 6.01 23.0 Central M Zone
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Including
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999 1000.4 2.49 4.59 85.98 1.40 Upper ultramafic/mafic
contact
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1054 1059 0.07 16.40 2.27 5.00 altered footwall basalts
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True width of mineralization is estimated to be approximately 65% of core length listed in table.

Mr. Lorne Warner, P. Geo. is the qualified person for Trade Winds' Detour Lake projects. Trade Winds, as operator of the projects, has implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. All fire assay results are being provided by ALS Chemex.

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

NOTE: A map is available on CCNMatthews' website at:

http://www2.ccnmatthews.com/database/fax/2000/gwa0720.doc

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.

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