Tower Resources Ltd. is pleased to report mobilization of a diamond core rig to its Rabbit North property in the heart of the Kamloops mining district to drill the first follow-up holes on the Company's newly discovered Thunder orogenic Au zone and adjacent Rainbow porphyry Cu-Au-Mo zone. Background Tower's initial, 4-hole drill test in March 2023 of a raw, previously unexplored area 400 m west of the Company's Lightning [...]
Tower Resources Ltd. is pleased to report on recent exploration developments at its British Columbia properties, the Company's plans to resume drilling on the new Thunder Au and Rainbow Cu-Au-Mo discoveries at Rabbit North and initiation of follow-up gold grain sampling at More Creek on the Golden Triangle "Red Line". Rabbit North Tower recently received a permit to continue exploration, including diamond drilling, on the [...]
Tower Resources Ltd. announces it has completed a non-brokered flow-through private placement announced June 29, 2023, for aggregate gross proceeds of CAD$450,000 . Under the Offering, the Company issued 2,812,500 flow-through units at a price of CAD$0.16 per FT Unit. Each FT Unit 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. announces it intends to complete a non-brokered flow-through private placement for aggregate gross proceeds of up to CAD$450,000 . Under the Offering, the Company will issue flow-through units at a price of CAD$0.16 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 [...]
Tower Resources Ltd. is pleased to report that its recent ground magnetic survey has revealed key magnetic trends at each of its Rainbow Porphyry Cu-Au-Mo and Thunder and Lightning Au discoveries 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. Survey Parameters The survey covered an 1100 hectare [...]
Tower Resources Ltd. is pleased to announce the commencement of a focused ground magnetic survey 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. Purpose of the Ground Magnetic Survey The three significant discoveries - Rainbow, Lightning and Thunder -that Tower made in rapid succession within 15 [...]
Tower Resources Ltd. is pleased to report that Hole RN23-045, the last hole of the winter diamond drilling program 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 , intersected 92 m grading 1.13 g/t Au in the Lightning Zone, and that a summer drilling program is planned 400 m to the west to expand the [...]
Tower Resources Ltd. announces that its board of directors has adopted an advance notice policy which includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: a requisition of a meeting made pursuant to the provisions of the Business Corporations Act [...]
Hole Drilled Too Steeply to Reach Deeper Thunder Au Zone, Finds Significant Additional Porphyry Cu-Au Mineralization Between Zones Tower Resources Ltd. is pleased to report that assays received from Hole 042 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 , show that the new, near-surface Rainbow [...]
Tower Resources Ltd. is pleased to announce that assays received from Hole 41 on its new Thunder Zone gold discovery at 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 , have revealed two closely spaced, 13.25 and 10.12 m intercepts containing 3.28 and 2.19 g/t Au, respectively . Hole 41 also intersected [...]
Tower Resources Ltd. is pleased to announce that the first assays have been received from its new Thunder 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 , with a 25.7 m section in discovery hole No. RN23-039 returning 2.04 g/t Au. Hole 039 Hole 039 intersected two gold zones , a 3.0 m upper zone [...]
Tower Resources Ltd. is pleased to announce that its inaugural four-hole diamond drill test at the head of the Central Train 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, has resulted in the discovery of a new shear-hosted gold zone, Thunder, that is more strongly mineralized than the Lightning [...]
+3300,00 %
-97,37 %
