Tower Resources Ltd. announces that it has granted stock options to acquire up to 2,818,000 common shares to certain directors, officers and consultants. Each of the stock options is exercisable for a five-year term expiring on May 4, 2027 and exercisable until that time at a price of $0.28 per common share. The options are subject to vesting provisions, with one-third vesting and becoming exercisable on the date of [...]
Tower Resources Ltd. is pleased to report that it has completed its preliminary follow-up diamond drilling program on the newly discovered Hole 26 gold 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 . Tower has also officially named the gold discovery the Lightning Zone in recognition of the [...]
Tower Resources Ltd. is pleased to advise that diamond drilling is now underway on the Company's Rabbit North property near Kamloops British Columbia . The objective of the drilling is to expand the newly discovered Golden Zone northeast from discovery hole RN21-026 . A minimum of six holes, Nos. RN22-028 to 033, are planned. These holes will be drilled at 50 m step-outs, initially in pairs to cross the gold zone in [...]
Tower Resources Ltd. is pleased to report that it plans to resume diamond drilling next week on the newly discovered Golden 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 . Approximately six holes will be drilled to determine the configuration of the substantial mineralized zone indicated by the [...]
Tower Resources Ltd. is pleased to announce it has entered into a property purchase agreement dated February 25, 2022 , to purchase a claim block of property near Kamloops, B.C. known as the West Afton Claims . West Afton Property The Property is 1,148.0920 hectares, easily accessible by a forest service road and strategically located between Tower's Rabbit North property to the west and New Gold's New Afton mine claims [...]
Tower Resources Ltd. is pleased to report that its December, 2021, diamond drilling program at the head of the recently identified gold grain dispersal train on the Company's Rabbit North property has discovered a new gold zone with an impressive initial intercept in Hole RN21-026 of 95.0 m of 1.40 g/t Au, including 19.2 m of 4.21 g/t Au . Rabbit North is strategically located between the two producing porphyry deposits [...]
Tower Resources Ltd. is pleased to report that diamond drilling has commenced on the exciting new porphyry Cu-Au target on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. . The Rabbit North property is strategically located between the two producing porphyry deposits of the Kamloops district, New Gold's New Afton underground Cu-Au mine to the east and Teck's Highland Valley open pit Cu-Mo mine to [...]
Tower Resources Ltd. is pleased to report that infill till sampling on the exceptionally strong gold grain anomaly that Tower identified in May near Dominic Lake on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. has transformed the anomaly into a classic gold dispersal train and resolved the probable bedrock source of the gold sufficiently for an initial diamond drill test. Dominic Lake Dispersal [...]
Tower Resources Ltd. announces that it has granted stock options to acquire up to 2,150,000 common shares to certain directors, officers and consultants. Each of the stock options is exercisable for a five-year term expiring on October 26, 2026, and exercisable until that time at a price of $0.06 per common share. The options are subject to vesting provisions, with one-third vesting and becoming exercisable on the date of [...]
Tower Resources Ltd. is pleased to report that it has begun the planned follow-up till sampling program on the Company's Rabbit North porphyry copper-gold property near Kamloops, British Columbia . The objective of the till survey is to develop specific diamond drill targets from the strong gold grain anomalies that were identified in the heavy mineral fraction of the till in an inaugural survey in May, 2021 . These gold [...]
Tower Resources Ltd. is pleased to report that a recently completed till sampling program on the Company's Rabbit North Property near Kamloops, British Columbia, has identified a strong gold grain anomaly indicating proximity to a new, hidden, alkalic porphyry Cu-Au deposit much more substantial than the known, exposed Cu-Au zones on the property. The till heavy indicator mineral survey totaled 137 samples. Of these, 84 [...]
Tower Resources Ltd. is pleased to report that all assays have now been received from the April-May diamond drilling program on the Company's Nechako Gold property in B.C. Thirteen holes, Nos. APR21-18 to 30, were drilled for a total of 2019.8 metres. The main focus of the drilling was on expanding both the original Discovery Zone that was intersected last year in Hole 10 on the April Trend and the new zone (2.0 g/t Au [...]
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