TORONTO, ON – February 28, 2011 – Gowest Amalgamated Resources Ltd. (TSXV: GWA) announces that a total of 2,575,000 options to purchase common shares of the Company were granted on February 25, 2011 to directors, officers and consultants at an exercise price of $0.325 per share, expiring on February 25, 2016. The grant is subject is subject to regulatory approval.

About Gowest

Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Frankfield East gold deposit. Gowest is exploring additional gold targets on the Frankfield land package and continuing to evaluate acquisition targets in the vicinity of the Frankfield project area, part of the prolific Timmins, Ontario gold camp.

For further information please contact; Greg Romain

President & CEO

Tel: (416) 363-1210

Email: [email protected]

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.