Tower's New Till Samples Confirm That the Lightning Zone Is Not the Main Source of the Dominic Lake Gold Dispersal Train; Drilling Is Underway to Test for a Larger Gold Source Beneath the Train
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce completion of the till sampling and gold grain testing component of the Company's current 2000 m diamond drilling program (see press release from February 2, 2023) on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig....
2023-02-23 8:30 AM EST
Tower Prepares to Start 2000 m Diamond Drilling Program on Three Key Gold Targets at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that it expects to resume diamond drilling early next week on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). Approximately 2000 m of drilling are planned - double the size of the campaigns completed last year...
2023-02-02 8:00 AM EST
Tower Announces Closing of Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that it has closed a non-brokered flow-through private placement for gross proceeds of CAD$700,000 (the "Offering"). Under the Offering, the Company issued 3,888,889, flow-through units (each, a "FT Unit") at a price of CAD$0.18 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company that qualifies as a...
2022-12-23 5:00 PM EST
Tower's Drilling at Rabbit North Constrains Lightning Zone to the North Side of the Diorite Plug, Provides New Information Indicating that the Main Gold Source of the Dominic Lake Train is on the South Side of the Plug
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to provide the results of the recent, five-hole diamond drilling program (see Tower's September 15, 2022 and October 5, 2022 press releases) on the Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). Program...
2022-12-21 8:30 AM EST
Tower Releases Corporate Presentation
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce it has released an updated corporate presentation, available on the Company's website (Tower Corporate Presentation – December, 2022). About Tower Resources Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas. The Company's key exploration assets, both in...
2022-12-16 6:00 PM EST
Tower Performs Follow-Up Till Sampling on the Central Gold Grain Dispersal Train, Confirms Its High Grade and Constrains Its Source Sufficiently for an Initial Diamond Drill Test
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report the results of follow-up till sampling performed recently on the new, high-grade Central gold grain dispersal train (see Tower's October 5, 2022 press release) 400 m west of the Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open...
2022-11-22 8:30 AM EST
Tower Completes Step-Out Drilling on the Lightning Zone at Rabbit North and Identifies a New Gold Grain Dispersal Train Indicative of Higher-Grade Mineralization 400m to the West
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to provide an update on the recent step-out diamond drilling program (see Tower's September 15, 2022 press release) on the Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). While performing the drilling, Tower...
2022-10-05 8:30 AM EDT
Tower' Step-Out Drilling at Rabbit North Confirms North-Northwest Strike of Lightning Zone, Continues to Obtain Wide Intercepts with Pyrite Levels Similar to Discovery Hole 026
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to provide a progress report on the step-out diamond drilling program report that is underway on the new Lightning Zone gold discovery on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). Four of the planned six to eight...
2022-09-15 8:30 AM EDT
Tower Prepares to Resume Drilling on Lightning Zone, Identifies Strong New Gold Grain Dispersal Train on Parallel Structure to the West
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it is preparing to resume diamond drilling on the newly discovered Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1), and that it has identified a strong new gold grain dispersal train along a...
2022-08-09 8:30 AM EDT
Tower's Latest Drilling Indicates Lightning Zone Has Two Branches, Doubling Its Strike Length; Hole 031 Intersects 22.0 m of 2.09 g/t in Main Branch, Holes 030 and 033 Hit 26.5 m of 1.76 g/t Au and 1.0 m of High-Grade, 69.3 g/t (2.01 oz/ton) Au in Splay Shear
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received gold assays for the final four of the six follow-up holes drilled in April on the recently discovered Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). The April drilling program...
2022-07-13 8:00 AM EDT
Tower's First Two Follow-Up Drill Holes on Lightning Zone Return Long Intervals Surpassing Gold Grade of Discovery Hole: Hole 028 Cuts 138.0 m @ 1.55 g/t Au including 24.5 m @ 4.76 g/t Au, Hole 029 Cuts 70.5 m @ 1.78 g/t Au including 13.5 m @ 4.92 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received gold assays for the first two of the six follow-up holes drilled in April on the recently discovered Lightning Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). The two new holes, RN22-028...
2022-06-22 8:00 AM EDT
Tower Receives Infill Assays for 2021 Exploration Drill Holes at Rabbit North Revealing New Footwall Au Zones in Hole 027; Key Assays Pending for 2022 Delineation Drill Holes on Lightning Zone
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received the assays for the previously uncut core sections from the first four diamond drill holes on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). The four holes, RN21-024 to 027, were exploratory holes...
2022-06-07 8:00 AM EDT
Tower Resources Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it has granted stock options to acquire up to 2,818,000 common shares to certain directors, officers and consultants. Each of the stock options is exercisable for a five-year term expiring on May 4, 2027 and exercisable until that time at a price of $0.28 per common share. The options are subject to vesting provisions, with one-third vesting and becoming...
2022-05-04 8:00 PM EDT
Tower Completes Rabbit North Drilling Program, Repeatedly Hits Mineralization Resembling Hole 26 Gold Zone and Intersects Possible Footwall Zone
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has completed its preliminary follow-up diamond drilling program on the newly discovered Hole 26 gold zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). Tower has also officially named the gold discovery the...
2022-05-03 9:15 AM EDT
Tower Resumes Drilling on its Golden Zone Discovery at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to advise that diamond drilling is now underway on the Company's Rabbit North property near Kamloops British Columbia (see Fig. 1). The objective of the drilling is to expand the newly discovered Golden Zone northeast (see Fig. 2) from discovery hole RN21-026 (1.40 g/t Au over 95 m including 19.2 m of 4.21 g/t Au over 19.2 m (see Tower's January 11, 2022...
2022-03-23 8:30 AM EDT
Tower Prepares for Follow-Up Drilling on the Golden Zone Discovery at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it plans to resume diamond drilling next week on the newly discovered Golden Zone on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1). Approximately six holes will be drilled to determine the configuration of the...
2022-03-10 8:30 AM EST
Tower Announces Property Acquisition
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - Tower Resources Ltd. ("Tower" or the "Company") (TSXV: TWR) is pleased to announce it has entered into a property purchase agreement dated February 25, 2022 (the "Agreement"), to purchase a claim block of property near Kamloops, B.C. known as the West Afton Claims (the "Property"). West Afton Property The Property is 1,148.0920 hectares, easily accessible by a forest service road and strategically located between Tower's...
2022-02-28 8:30 AM EST
Tower Quickly Discovers Source of Rabbit North Gold Grain Anomaly, Drills 95 m of 1.4 g/t Au Including 19.2 m of 4.2 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that its December, 2021, diamond drilling program at the head of the recently identified gold grain dispersal train on the Company's Rabbit North property (Fig. 1; see Tower's August 10, November 12 and December 2, 2021 press releases at www.towerresources.ca) has discovered a new gold zone with an impressive initial intercept in Hole RN21-026 of...
2022-01-11 12:00 PM EST
Tower Resources Commences Drilling on Prime Porphyry Cu-Au Target Between New Afton and Highland Valley Mines
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that diamond drilling has commenced on the exciting new porphyry Cu-Au target (see press release dated November 12, 2021) on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. (see figure 1). The Rabbit North property is strategically located between the two producing porphyry deposits of the Kamloops district, New Gold's New...
2021-12-02 8:30 AM EST
Tower's Follow-Up Till Survey Transforms Rabbit North Gold Grain Anomaly into an Exciting, Drill-Ready Target
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that infill till sampling on the exceptionally strong gold grain anomaly that Tower identified in May (see press release dated August 10, 2021) near Dominic Lake on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. (Fig. 1) has transformed the anomaly into a classic gold dispersal train and resolved the probable bedrock...
2021-11-12 8:30 AM EST