Tower Resources announces an update and results from its 2012 exploration program at its 100% controlled Baez epithermal gold (Au) and silver (Ag) property in the Nechako Plateau region, central British Columbia. The road accessible Baez Property consists of eighty-eight mineral claims totalling 40,125 hectares, located 125 kilometres west of Quesnel. The property is 60 kilometres southeast of New Gold Inc.'s Blackwater [...]
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VANCOUVER, B.C. - Tower Resources Ltd. ("Tower") reports results from eleven diamond drill holes completed in phase one exploration drilling at its 100% controlled Waterloo property in south central British Columbia. The Waterloo Property is located 65 kilometres east of Kelowna, BC near the historic Lightning Peak silver and gold mining camp.
Tower Resources has engaged Jennings Capital to conduct a brokered private placement to raise, on a best efforts agency basis, up to $2 million through the issue of units and flow-through units. Each Unit will be sold at a price of $0.28 per Unit and will consist of one common share and one-half of one common share purchase warrant. Each FT Unit will be sold at a price of $0.32 per FT Unit and will consist of one common [...]
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