Vancouver, B.C. / TheNewswire / Tower Resources Ltd. has commenced its 2016 exploration program at its flagship Rabbit North copper and gold property in the active and significant Kamloops mining division of south-central British Columbia. The program will consist of up to 2,500 metres of diamond drilling targeting several key porphyry related copper and gold occurrences. The road-accessible Rabbit North property [...]
1 VANCOUVER B.C. / TheNewswire / September 19 2016 - Tower Resources Ltd. ("Tower" or the "Company") is pleased to announce that, further to its news release of September 9, 2016, the Company has completed a private placement offering (the "Offering") of units of the Company (the "Units") at a price of $0.08 per Unit. Under the Offering, the Company sold an aggregate 15,000,000 Units for gross proceeds of $1,200,000. Each [...]
Vancouver, B.C. / September 15 2016 / TheNewswire - Tower Resources Ltd., (TSX.V: TWR) has commenced its 2016 exploration program at its 100% controlled More Creek property in the Golden Triangle region, northwest British Columbia. The 6,430 hectare More Creek property is located near the centre of the Golden Triangle and is considered prospective for epithermal gold and silver mineralization. The property is [...]
VANCOUVER, B.C. / TheNewswire / September 9, 2016 - Tower Resources Ltd. (the "Company") (TSXV: TWR) announces that due to investor demand, it has increased its previously announced non-brokered private placement (see new releases dated August 26, and September 7, 2016) to, up to 15,000,000 units of the Company at a price of $0.08 per unit for gross proceeds of $1,200,000. Each unit is to consist of one common share and [...]
Vancouver, B.C. / TheNewswire / September 7, 2016 - Tower Resources Ltd. (the "Company") (TSXV: TWR) announces that due to investor demand, it has increased its previously announced non-brokered private placement (see new release dated August 26, 2016) to, up to 12,500,000 units of the Company at a price of $0.08 per unit for gross proceeds of $1,000,000. Each unit is to consist of one common share and one [...]
VANCOUVER, B.C. / August 24 2016 / TheNewswire - Tower Resources Ltd. (the "Company")(TSXV: TWR) announces that it has arranged, subject to regulatory approval, a non-brokered private placement of up to 8,750,000 units of the Company at a price of $0.08 per unit for gross proceeds of up to $700,000. Each unit is to consist of one common share and one non-transferable common share purchase warrant exercisable at $0.15 for [...]
Vancouver, B.C. / TheNewswire / August 23rd, 2016 - Tower Resources Ltd., (TSX.V: TWR) is pleased to announce the appointment of Mr. Stuart (Stu) Averill to the company's Board of Directors. Mr. Averill is Chairman of Overburden Drilling Management Limited (ODM), a company that he founded in 1974 to develop and apply indicator mineral methods for mineral exploration. He has progressively advanced this novel technology and [...]
Tower Resources announces a grant of 200,000 incentive stock options to a director of the company. The options have been granted at an exercise price of $0.09 and expire August 23, 2021. Tower Resources Mark Vanry - Director, CEO & President (604) 558-2565 mvanry@towerresources.ca www.towerresources.ca Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for [...]
Vancouver, B.C. / TheNewswire / August 23rd, 2016 - Tower Resources Ltd., (TSX.V: TWR) announces that the Company has signed an amendment to its Rabbit North Option Agreement with the underlying tenure holders. Pursuant to the original option agreement dated July 3, 2013, in order to exercise the Option, the Company was required to cumulatively spend $750,000 on exploration on or before the 3rd anniversary of the [...]
Vancouver, B.C. / TheNewswire / August 16, 2016 - Tower Resources Ltd., (TSXV: TWR) announces it has acquired the More Creek property, by staking, within the world-class Golden Triangle district of northwest British Columbia. The 6,430 hectare More Creek property is located near the centre of the Golden Triangle and is considered prospective for epithermal gold and silver mineralization. The property is approximately 55 [...]
Vancouver, B.C. / TheNewswire / July 19, 2016 - Tower Resources Ltd., (TSXV: TWR) announces the acquisition of two additional properties, by staking, in the Nechako Plateau region of central British Columbia. The Brewster and Stub properties, identified on the basis of geophysical and geochemical data, are considered prospective for Blackwater-type gold and silver mineralization. Robust geophysics and till geochemistry [...]
Vancouver, B.C. / TheNewswire / July 12, 2016 - Tower Resources Ltd. (TSXV: TWR) announces the signing of two agreements to acquire a total of 2,975 hectares of prospective mineral exploration ground in the Nechako Plateau region of central British Columbia. The centre of the consolidated land package is approximately 30 kilometres northeast of the development-stage Blackwater Gold project, currently controlled by New [...]