Tower Resources Ltd.

Tower Resources reports significant drill results from its flagship Rabbit North project, near Kamloops, British Columbia. Initial results from the 2017 diamond drill program have returned long intervals of porphyry related copper and gold mineralization in several holes at the Western Magnetite Zone. Highlights from hole RN17-015, include: - 0.51% Cu and 0.34g/t Au (0.75% copper equivalent) over 247m; - 0.60% Cu and [...]

Tower Resources has commenced exploration at its Nechako Gold Property in the Blackwater Gold district, central British Columbia. The road accessible Nechako Gold Property is approximately 30 kilometers northeast of New Gold's significant Blackwater development project. Blackwater contains a proven and probable total mineral reserve of 8.2 million ounces of gold and 60.8 million ounces of silver (source: www.newgold.com [...]

Tower Resources pleased to announce the appointment of Garett Macdonald, MBA, P.Eng as a Technical Advisor to the board. Mr. Macdonald is a mining engineer with 20 years of industry experience including an extensive background in project development and mine operations. He has been involved with several public companies as an officer & director and has managed large technical programs through concept, feasibility and into [...]

Tower Resources has commenced the 2017 exploration program at its flagship Rabbit North copper and gold property in the resource and infrastructure rich Kamloops mining division of south-central British Columbia. The program will consist of up to 4,000 metres of diamond drilling, targeting multiple key porphyry related copper and gold occurrences. The strategically located, road-accessible Rabbit North property comprises [...]

Tower Resources further to the Company's news release April 6, 2017, the Company has paid $25,000 in cash and issued 172,413 share purchase warrants to Canaccord Genuity Corp. in connection with the completion of the Sandstorm Royalty transaction. Each Warrant is exercisable to purchase one common share at a price of $0.22 per common share until May 1, 2022. The Warrants are subject to a statutory hold period expiring [...]

Tower Resources is pleased to announce that it has retained San Diego Torrey Hills Capital to provide market awareness and investor relations services. The initial term of the consulting agreement is seven months. About Torrey Hills Capital Torrey Hills Capital was formed in 1998 and is headquartered in Rancho Santa Fe, California. The team of professionals offers experience and expertise in investor relations, corporate [...]

Tower Resources announces plans for its 2017 exploration program at the Company's flagship Rabbit North copper and gold property in the Kamloops mining division of south-central British Columbia. The fully permitted program will consist of an estimated 4000 meters of diamond drilling focusing on key areas of copper and gold mineralization encountered during Tower's 2016 drill campaign. The strategically located [...]

Tower Resources is pleased to announce it has completed its private placement of units that was previously announced March 15, 2017 in connection with its royalty financing transaction with Sandstorm Gold. The placement was increased from the original $3.2 million announced to $3,338,223.50 to accommodate over-subscriptions. Sandstorm subscribed for 3,448,276 units, bringing Sandstorm's investment in the Company [...]

Tower Resources is pleased to announce it has signed a $1 million financing package with Sandstorm Gold including a royalty investment and private placement. The Company has also agreed to a concurrent non-brokered private placement for proceeds of up to $2.7 million. All currency amounts in Canadian dollars. Transaction and Private Placement Highlights -Provides multi-year funding for exploration of Tower's Rabbit [...]

Tower Resources confirms that it has been served by T. Cameron Scott and V.F. Erickson Consultants Ltd. with a Notice of Claim in regards to a dispute over Tower's Belle claims located in Toodoggone district of north central British Columbia. The claim was filed in the Supreme Court of British Columbia. The dispute relates to whether the Belle claims, acquired by Tower under an option agreement with another party, were [...]