Tower Resources is pleased to announce results from its systematic glacial till survey on the Nechako Gold property in central British Columbia. Thirty-nine ~10 kg samples were collected in October 2016 by Overburden Drilling Management Limited of Ottawa. Of the 39 samples, 33 define a prominent gold grain anomaly at least 3.5 kilometres long by 2 kilometres wide--larger than the gold dispersal train from the Blackwater [...]
Tower Resources reports results from the remainder of its 2016 drill program on the flagship Rabbit North project, near Kamloops. During this 3397m drill program, drill hole RN-008 intersected 200 metres of 0.30% copper and 0.15 grams per tonne (g/t) gold, including a 72m interval of 0.47% copper and 0.20g/t gold (see Tower Press Release, December 8, 2016). Follow-up drill holes RN-010 and RN-011, reported here [...]
Tower Resources is pleased to report significant copper-gold mineralization has been intersected at its flagship Rabbit North project, near Kamloops, BC. Drill hole RN-008 intersected 200 metres of 0.30% copper and 0.15 grams per tonne (g/t) gold (0.42% copper equivalent), including a 72m interval of 0.47% copper and 0.20g/t gold (0.63% copper equivalent).
The road-accessible Rabbit North property comprises approximately [...]
Tower Resources is pleased to announce results from a preliminary exploration program at its 100% controlled More Creek property in the world-class Golden Triangle district. Tower's stream sediment samples, from streams draining the most prospective portion of the property, have recovered numerous gold and cinnabar grains, suggesting a mineralized epithermal system outcrops within the More Creek Property. The 6,430 [...]
Tower Resources is pleased to announce the following exploration update on its Rabbit North, Nechako Gold and More Creek exploration projects in British Columbia. The company has been active on all three projects since August of the current calendar year. Tower is completing its 2016 exploration drilling program at its flagship Rabbit North copper and gold property in south-central British Columbia. Tower has drilled [...]
Tower Resources is pleased to announce that it is now quoted on the Frankfurt Stock Exchange under the symbol T7Y1. The Frankfurt Stock Exchange is one of the world's largest and will enable Tower to better access pools of capital outside of North America. Tower will continue to have its primary listing on the TSX Venture Exchange.
Tower Resource has commenced a systematic geochemical exploration program at its Nechako Gold Property in the Blackwater Gold district, central British Columbia. The road accessible Nechako Gold Property is approximately 30 kilometres northeast of New Gold Inc.'s significant Blackwater development project. Blackwater contains a proven and probable total mineral reserve of 8.2 million ounces of gold with 60.8 million [...]
Vancouver, B.C. / TheNewswire / Tower Resources Ltd. has commenced its 2016 exploration program at its flagship Rabbit North copper and gold property in the active and significant Kamloops mining division of south-central British Columbia. The program will consist of up to 2,500 metres of diamond drilling targeting several key porphyry related copper and gold occurrences. The road-accessible Rabbit North property [...]
1 VANCOUVER B.C. / TheNewswire / September 19 2016 - Tower Resources Ltd. ("Tower" or the "Company") is pleased to announce that, further to its news release of September 9, 2016, the Company has completed a private placement offering (the "Offering") of units of the Company (the "Units") at a price of $0.08 per Unit. Under the Offering, the Company sold an aggregate 15,000,000 Units for gross proceeds of $1,200,000. Each [...]
Vancouver, B.C. / September 15 2016 / TheNewswire - Tower Resources Ltd., (TSX.V: TWR) has commenced its 2016 exploration program at its 100% controlled More Creek property in the Golden Triangle region, northwest British Columbia. The 6,430 hectare More Creek property is located near the centre of the Golden Triangle and is considered prospective for epithermal gold and silver mineralization. The property is [...]
VANCOUVER, B.C. / TheNewswire / September 9, 2016 - Tower Resources Ltd. (the "Company") (TSXV: TWR) announces that due to investor demand, it has increased its previously announced non-brokered private placement (see new releases dated August 26, and September 7, 2016) to, up to 15,000,000 units of the Company at a price of $0.08 per unit for gross proceeds of $1,200,000. Each unit is to consist of one common share and [...]
Vancouver, B.C. / TheNewswire / September 7, 2016 - Tower Resources Ltd. (the "Company") (TSXV: TWR) announces that due to investor demand, it has increased its previously announced non-brokered private placement (see new release dated August 26, 2016) to, up to 12,500,000 units of the Company at a price of $0.08 per unit for gross proceeds of $1,000,000. Each unit is to consist of one common share and one [...]