Tower Resources Ltd. announces it has closed the final tranche of its flow-through non-brokered private placement for aggregate gross proceeds of up to $2,157,000 . Under the Offering, the Company issued a total of 8,628,000 common shares in the capital of the Company at $0.25 per share, which qualify as "flow-through shares" for the purposes of the Income Tax Act . In connection with the Final Tranche, the Company issued [...]
Tower Resources Ltd. announces an increase to its previously announced flow-through non-brokered private placement . The Company now intends to raise aggregate gross proceeds of up to $2,157,000 . Under the Offering, the Company will issue up to 8,628,000 common shares in the capital of the Company at $0.25 per share, which qualify as "flow-through shares" for the purposes of the Income Tax Act . The Company intends to [...]
Tower Resources Ltd. announces it has closed the first tranche of its flow-through non-brokered private placement for aggregate gross proceeds of up to $2,000,000 . Under the Offering, the Company will issue up to 8,000,000 common shares in the capital of the Company at $0.25 per share, which qualify as "flow-through shares" for the purposes of the Income Tax Act . In connection with the First Tranche, the Company issued [...]
Tower Resources Ltd. announces it intends to complete a flow-through non-brokered private placement for aggregate gross proceeds of up to $2,000,000 . Under the Offering, the Company will issue up to 8,000,000 common shares in the capital of the Company at $0.25 per share, which qualify as "flow-through shares" for the purposes of the Income Tax Act . The Company intends to use the net proceeds from the Offering for [...]
Tower Resources Ltd. is pleased to report that it has commenced a 70-sample till gold-grain survey to guide the placement of diamond drill holes in the Company's pending diamond drilling program on the Rabbit North property in the heart of the Kamloops porphyry Cu mining district . Given the precision with which Tower's earlier till gold grain surveys pinpointed the Company's previous gold discoveries, the present survey [...]
Tower Resources Ltd. is pleased to announce the results of its Annual General Meeting of Shareholders held today . All matters put forward to shareholders were approved, including the appointment of Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company to hold office until the next annual meeting of shareholders, at a remuneration to be fixed by the Board. Shareholders also ratified [...]
Tower Resources Ltd. is pleased to announce that Mr. André Gaumond has been appointed as a technical advisor to the Company. Mr. Gaumond is a mining professional with an exceptionally deep and diverse knowledge base needed at this pivotal stage in Tower's growth as the Company transitions from 10,000 m of very successful exploration drilling at Rabbit North to the resource definition and M&A stage. The Company looks [...]
Tower Resources Ltd. is pleased to report the gold results from the two remaining holes, Nos. RN-25-061 and and 062, of the four-hole May drilling program on the Company's Rabbit North property in the heart of the Kamloops mining district . Hole 061 intersected 18 m of 0.81 g/t Au in shear-resistant Nicola tuff-breccia ~70 m above the more favourable Durand diorite host rock of the Blue Sky discovery intersection in Hole [...]
ower Resources is pleased to report the gold assays from the first two of four holes, Nos. RN-25-059 and 060, drilled in May on the Company's Rabbit North property in the heart of the Kamloops mining district. Hole 060, a 70 m step-out northeast into the Durand Diorite Stock from the diorite-hosted Blue Sky gold discovery in Hole RN-24-055 on the western edge of the stock, intersected an exceptional 23.63 g/t Au over 6.02 [...]
Tower Resources announces it has initiated the spring 2025 diamond drill program to test the high-grade Blue Sky, Thunder and Thunder North gold discoveries on the Company's Rabbit North property, The program was delayed through spring break-up to improve access to the newly discovered Blue Sky zone, which should greatly benefit our 2025 drilling campaigns. Blue Sky Zone Four holes have been designed to test the vertical [...]
Tower Resources is pleased to report that it has contracted a diamond drill to further test the high-grade Blue Sky, Thunder and Thunder North gold discoveries on the Company's Rabbit North property in preparation for a major, ~3000-m drilling campaign to systematically assess the overall economic potential of the large, orogenic gold system controlling the mineralization. Blue Sky Zone Four holes are currently planned [...]
Tower Resources Ltd. is pleased to report the remaining assay results from the four-hole October drilling program on the Company's Rabbit North property in the heart of the Kamloops mining district . Hole RN24-058 intersected a new style of gold and high-grade silver mineralization between the Thunder and Lightning Zones, building on the exceptional gold intersections in Hole 055 on the new Blue Sky Zone and Hole 056 on [...]