Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA)(OTCBB:GWSAF)
reports that it has received a further extension of up to six months with regard
to the previously announced non-binding Letter of Intent ("the LOI") the Company
had entered into with Kidd Operations, located in Timmins, Ontario (see Gowest
news releases dated May 29 and December 20, 2013). The plan is to refurbish the
Division 'D' line of the mill at Kidd Operations to process Gowest's Bradshaw
Gold Deposit ("Bradshaw") resources into a high-grade (+90 grams per tonne) gold
concentrate. The proposed arrangement between the companies significantly
reduces the cost and time to commercial production of Bradshaw. The LOI, which
had been scheduled to be terminated on or before June 30, 2014, has now been
extended to on or before December 31, 2014. 


According to the terms of the LOI as requested by management of the Kidd
Operations, Gowest has completed a detailed concept engineering study for the
mill refurbishment and is now advancing detailed mine planning, site
infrastructure engineering, the planned mill refurbishment as part of a
pre-feasibility study as well as working on advanced underground exploration
permit applications. 


Highlights of the planned collaboration between Gowest and the Kidd Operations:



--  Utilizes excess capacity at the Kidd Operations mill, reducing overall
    milling costs and increasing revenue; 
--  Significantly reduces Gowest capital cost requirements by an estimated
    $107mm in avoiding the construction of a stand-alone facility ($60mm vs.
    $167mm)(i); and, 
--  Enables Gowest to begin commercial production 2-3 years earlier since a
    new mill would not have to be constructed.



(i) see news release dated November 12, 2012 and NI 43-101 Technical Report
dated November 11, 2011


Gowest President and CEO, Greg Romain, said, "Our recent financing success has
provided further support for our goal of turning the Bradshaw Gold Deposit into
the next new gold mine in the Timmins Camp." He added, "We continue to be very
happy with the support and good relations we have with the Kidd Operations as
well as their recognition of Bradshaw's potential to become an operating mine."


Qualified Person: This press release has been reviewed by Mr. Kevin Montgomery,
P.Geo., Gowest's Manager of Exploration, and a Qualified Person under National
Instrument 43-101.


About Gowest

Gowest is a Canadian gold exploration and development company focused on the
delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw),
on the Frankfield Property, part of the Corporation's North Timmins Gold Project
(NTGP). Gowest is exploring additional gold targets on its 109-square-kilometre
NTGP land package and continues to evaluate the area, which is part of the
prolific Timmins, Ontario gold camp. The latest updated resource estimate for
Bradshaw included approximately 945,600 ounces of gold ("Au") in the Indicated
category (6.0 million tonnes at a grade of 4.9 grams per tonne ("g/t") Au) and
536,800 ounces of gold in the Inferred category (3.7 million tonnes at a grade
of 4.2 g/t Au). As was used in the Corporation's Preliminary Economic
Assessment, the current estimate is based on a 3.0 g/t Au cut-off and a
conservative gold price of US$1,200/oz. This resource estimate has been
completed by Neil N. Gow, P. Geo., an independent Qualified Person, and reported
in accordance with the requirement of National Instrument 43-101 - Standards of
Disclosure for Mineral Projects and CIM Standards on Mineral Resources and
Reserves.


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.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gowest Gold Ltd.
Greg Romain
President & CEO
(416) 363-1210
info@gowestgold.com


Gowest Gold Ltd.
Greg Taylor
Investor Relations
905 337-7673 / Mob: 416 605-5120
gregt@gowestgold.com

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