Tower Resources is pleased to report that it has contracted a diamond drill to further test the high-grade Blue Sky, Thunder and Thunder North gold discoveries on the Company's Rabbit North property in preparation for a major, ~3000-m drilling campaign to systematically assess the overall economic potential of the large, orogenic gold system controlling the mineralization. Blue Sky Zone Four holes are currently planned [...]
Tower Resources Ltd. is pleased to report the remaining assay results from the four-hole October drilling program on the Company's Rabbit North property in the heart of the Kamloops mining district . Hole RN24-058 intersected a new style of gold and high-grade silver mineralization between the Thunder and Lightning Zones, building on the exceptional gold intersections in Hole 055 on the new Blue Sky Zone and Hole 056 on [...]
Tower Resources Ltd. a Canadian-based mineral exploration company, is pleased to announce its participation in the prestigious 2025 AME Roundup Conference, a leading event for the global mineral exploration and mining industry. The conference will take place in Vancouver, British Columbia, from January 20 to January 25, 2025. Tower will host technical discussions and showcase its exploration projects at Booth #1020 on [...]
Tower Resources Ltd. is pleased to report complete gold assays from Hole RN24-056 on the Thunder North gold zone on the Company's Rabbit North property in the heart of the Kamloops mining district . These assays extend the Thunder North discovery 250 m along strike to the east at double the gold grade of the 2023 discovery intersection. Hole 056 Au Results Hole 056 was the second hole of Tower's four-hole October 2024 [...]
Tower Resources Ltd. is pleased to report complete gold assays from Blue Sky discovery hole RN24-055 on the Rabbit North property in the heart of the Kamloops mining district . These assays confirm earlier indications from partial assays that Blue Sky is Tower's most illuminating discovery to date, revealing both the scale and Au grade potential of the gold structures. Hole 055 Au Results The Blue Sky intersection in Hole [...]
Tower Resources Ltd. announces it has closed a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 . Under the Offering, the Company issued 5,333,334 flow-through units at a price of $0.15 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one-half of one [...]
Tower Resources Ltd. announces it intends to complete a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 . Under the Offering, the Company will issue up to 5,333,334 flow-through units at a price of $0.15 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and [...]
Tower Resources Ltd. is pleased to report that its 4-hole October drilling program on the Rabbit North property in the heart of the Kamloops mining district appears to have been the most successful to date, intersecting shear hosted, Lightning-type mineralization in every hole and discovering not only the faulted western half of the Lightning Zone but also a completely new and more strongly mineralized gold zone - "Blue [...]
Tower Resources Ltd. has successfully embarked on a follow-up drilling program at the Rabbit North property, building on the results from hole RN24-051 from the June Drilling program. Hole RN24-051 was drilled roughly halfway along the previously untested 450m gap in between the Lightning and Thunder Gold zones to test the continuity of gold mineralization. The successful intercept was the highest average gold grade [...]
Tower Resources is pleased to report that it has received assays for two-thirds of the core samples from its initial 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district, and is readying a follow-up drilling program based on the positive Au results obtained. Assayed Drill Holes The initial drilling campaign comprised five shallow drill holes, Nos. RN24-050 to 054. Due to a core [...]
Tower Resources Ltd. is pleased to report that it has completed the first phase of its planned 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district and is planning a larger Phase II follow-up campaign for mid-September. Phase I Drill Program The Phase I campaign comprised 1015 m in five drill holes, Nos. RN24-050 to 054. Holes 050 and 052 tested for a possible northwestern [...]
Tower Resources Ltd. announces it has closed a flow-through non-brokered private placement for aggregate gross proceeds of $408,000 . Under the Offering, the Company issued 3,400,000 flow-through units at a price of CDN$0.12 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one non-transferable common [...]
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