Tower Resources Ltd.

Recent News

  • 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
  • Tower Resources Announces Optioning of Golden Triangle and Toodoggone Properties

    Vancouver, British Columbia--(Newsfile Corp. - August 26, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") is pleased to announce that geophysical field work on the Company's Nechako property in central B.C. has been completed and a diamond drilling contract has been awarded for the upcoming 2000-metre program focused on expanding the recently announced Discovery Zone along the April Trend. The Company is currently awaiting IP interpretations to finalize the designs of and coordinate...

    2020-08-26 8:30 AM EDT
  • Tower Resources Progresses Mag-IP Survey at Nechako; Preliminary Results Indicate Strong Magnetic Activity over Discovery Zone and Breccia Dome

    Vancouver, British Columbia--(Newsfile Corp. - August 13, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") is pleased to report partial results from its ground magnetic-induced polarization (Mag-IP) survey along the April Trend on the Company's Nechako, BC gold-silver property (Fig. 1). Till gold grain and heavy mineral concentrate (HMC) Au and Ag analyses are also reported for the 15 reverse circulation (RC) holes that were drilled in February.Mag Survey Results The Mag survey has...

    2020-08-13 8:30 AM EDT