Tower Resources Ltd.

Recent News

  • Tower Receives Rush Assays Averaging 2.0 g/t Au and 7.2 g/t Ag from Upper 7.3 metres of New 10.5-metre-wide Gold Zone in First Hole of 3000m Diamond Drilling Campaign at Nechako Gold Property

    Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that the first hole of the current 18-hole, ~3000-metre diamond drilling program on the Company's Nechako Gold property in south-central B.C. (Fig. 1), No. APR-18, intersected a completely new gold zone over a core length of 10.5 metres. Seven samples spanning the first 7.3 m of this zone were assayed on a "rush" basis and returned a...

    2021-04-28 8:30 AM EDT
  • Tower Resources Initiates Major Diamond Drilling Program at Nechako to Expand Recent Au-Ag Discoveries and Probe Prime New Targets

    Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to report that a diamond drill has been mobilized to the Company's Nechako Gold property in south-central British Columbia to begin a 3000-metre, 18-hole drilling program, the largest undertaken by Tower on the property to date. In three previous drilling programs in 2019-2020, seventeen (17) holes totaling 2268 metres were drilled near the head of one of...

    2021-04-07 8:30 AM EDT
  • Tower Announces Closing of $2,000,000 Flow-Through Non-Brokered Financing

    Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that the flow-through non-brokered private placement previously announced on February 25, 2021 (the "FT Offering") has closed. Under the FT Offering, the Company issued 13,986,014 flow-through units (each a "FT Unit") at a price of $0.143 per FT Unit for gross proceeds of $2,000,000. Each FT Unit was comprised of one (1) common share in the capital of...

    2021-03-24 11:00 AM EDT
  • Tower Announces Flow-Through Non-Brokered Financing

    Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it proposes to issue up to 14,000,000 units (each a "FT Unit") in a flow-through non-brokered private placement at a price of $0.143 per FT Unit for gross proceeds of approximately $2,000,000 (the "FT Offering"). Each FT Unit will consist of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the...

    2021-02-25 11:00 AM EST
  • Tower Resources Extends Discovery Zone to Depth at Nechako and Intersects 4.0 g/t Au and 34.1 g/t Ag Across New Massive Sulphide Horizon

    Vancouver, British Columbia--(Newsfile Corp. - December 21, 2020) -  Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to report assay results from the Company's recent 7-hole, 1244-metre diamond drilling program on its Nechako Gold property in south-central British Columbia (Fig. 1). The first four holes, APR20-11 to 14, further tested the April Trend siltstone-mudstone horizon (Fig. 2) that hosts this year's Discovery Zone (7.1 m of 2.75 g/t Au, 40.2 g/t Ag, 0.30% Zn and...

    2020-12-21 8:00 AM EST
  • Tower Resources Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that Mr. James Clark has resigned as a director of the Company. Mr. Clark's resignation is a result of his recent acceptance of a position under which he is not permitted to serve as a director of publicly traded companies. Mr. Joe Dhami, President and CEO of Tower, stated: "We wish to take this opportunity to express our very sincere gratitude...

    2020-11-13 9:07 PM EST
  • Tower Resources Completes RC and Diamond Drilling Programs to Expand the Discovery Zone at Nechako and Test New Gold-Silver Targets

    Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has completed the previously announced reverse circulation ("RC") and diamond drilling programs (see Tower's September 16, 2020, press release) on the Company's Nechako, BC gold-silver property (see Figure 1).The 15-hole RC and 7-hole diamond drilling programs were run consecutively with no break. Partial results have been received for the till heavy mineral concentrates ("HMCs") and bedrock...

    2020-10-22 8:30 AM EDT
  • Tower Resources Commences Double-Barreled Drill Program on Nechako Gold-Silver Property

    Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") is pleased to announce that it has commenced reverse circulation ("RC") drilling on its 100% owned Nechako gold/silver (Au-Ag) property in central British Columbia, Canada. The RC method will be used on approximately 15 vertical holes to rapidly map out, beneath the thick till cover, the mineralized April Trend along strike from the significant Au-Ag discovery (7.1 m...

    2020-09-16 10:44 AM EDT