Tower Resources announces that the TSX Venture Exchange has consented to an extension on the term of 15,000,000 common share purchase warrants that were issued under the Company's private placement of units completed on September 16, 2016. The Warrants have an exercise price of $0.15 per common share and were set to expire on March 16, 2018. The Company has received consent from the Exchange to extend the expiry date of [...]
Tower Resources announces that it has made application to the TSX Venture Exchange to extend the term of 15,000,000 common share purchase warrants that were issued under the Company's private placement of units completed on September 16, 2016. The Warrants that are the subject of the application have an exercise price of $0.15 per common share and are set to expire on March 16, 2018. Insiders of the Company hold 4.70% of [...]
Tower Resources is pleased to provide an update on the Company's 2017 exploration activities and its 2018 objectives. During calendar 2017 Tower executed three successful exploration programs focused on the Company's Rabbit North, Nechako Gold and More Creek exploration projects in British Columbia. Additionally, Tower added a fourth mineral property to the project portfolio by entering into an option agreement with [...]
Tower Resources is pleased to announce that it will be participating in the AME BC Roundup Conference's Core Shack on January 22nd and 23rd. The conference is being hosted at the Vancouver Trade & Convention Center West located at 1050 Canada Place, Vancouver. Tower will be displaying drill core from its 2017 Rabbit North exploration project located just outside of Kamloops, BC at conference both #621. Featured core will [...]
Tower Resources is pleased to announce it has entered into an option agreement dated December 18, 2017 with Kaminak Gold, a wholly-owned subsidiary of Goldcorp to acquire a 100% interest in the Voigtberg gold-copper property . In addition, Tower has entered into an investor rights agreement with Goldcorp . Voigtberg Property The Voigtberg property is located near the heart of the Golden Triangle region of northwestern [...]
Tower Resources has completed Phase 2 of the 2017 exploration program on the 100% owned Nechako Gold Project in the Blackwater district of central BC. In late October, Tower mobilized a Reverse Circulation rig to the property to sample till and test bedrock below gold rich till cover in priority target areas on the property. Multiple untested or poorly tested target areas have been identified on the property based on [...]
Tower Resources has commenced Phase 2 of the 2017 exploration program on the 100% owned Nechako Gold Project in the Blackwater district of central BC. Following up on highly encouraging results from the ground geophysical Induced Polarization (IP) survey completed on the property in June 2017 and the significant 2016 gold-in-till sample results, Tower has mobilized a Reverse Circulation (RC) rig to the property to sample [...]
Tower Resources reports further drill results from its flagship Rabbit North project, near Kamloops, British Columbia. Additional results from the 2017 diamond drill program returns long intervals of porphyry related copper and gold mineralization from the Chrysocolla Zone, a one km step-out from previously released results from the Western Magnetite Zone. Highlights from hole RN17-021, include: - 0.11% Cu and 0.24 g/t [...]
Tower Resources announces that it has granted stock options to acquire up to 900,000 common shares of the Company, of which an aggregate of 650,000 were granted to certain directors and officers of the Company. Each of the stock options is exercisable for a five year term expiring on September 28, 2022 and exercisable until that time at a price of $0.16 per common share. On September 27, 2017, the last day that the [...]
Tower Resources is pleased to announce that it has received a Multi-Year Area Based Mines Act permit from the B.C. government authorizing a multi-disciplinary five-year exploration program at its Nechako Gold Project. The Company plans to commence drilling in mid-October. Under this new Notice of Work Mines Act permit Tower has permission over five years to complete reverse circulation drilling from 100 drill pad [...]
Tower Resources reports further drill results from its flagship Rabbit North project, near Kamloops. Additional results from the 2017 diamond drill program continue to return long intervals of porphyry related copper and gold mineralization from drill holes at the Western Magnetite Zone. Highlights from hole RN17-018, include: 0.19% Cu and 0.16g/t Au (0.29% copper equivalent) over 280.2m; including - 0.35% Cu and 0.27g/t [...]
Tower Resource has commenced a comprehensive exploration program covering the Company's 100% controlled More Creek property in the world class Golden Triangle mineral district, northwest British Columbia. More Creek is an epithermal gold and silver prospect strategically located near the center of the Golden Triangle mineral district. The property is proximal to significant infrastructure such as Highway 37 and the newly [...]
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