Tower Resources Ltd. is pleased to announce that it has closed a non-brokered flow-through private placement for gross proceeds of CAD$700,000 . Under the Offering, the Company issued 3,888,889, flow-through units at a price of CAD$0.18 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 provide the results of the recent, five-hole diamond drilling program on the Lightning 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. Program Objective As reported in the Company's July 13, 2022 press release, the drilling was based on the assumption that the [...]
Tower Resources Ltd. is pleased to announce it has released an updated corporate presentation, available on the Company's website . About Tower Resources Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas. The Company's key exploration assets, both in B.C., are the Rabbit North copper-gold porphyry project located between the New [...]
Tower Resources Ltd. is pleased to report the results of follow-up till sampling performed recently on the new, high-grade Central gold grain dispersal train 400 m west of the Lightning 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 . The new sampling confirmed the high grade of the Central [...]
Tower Resources is pleased to provide an update on the recent step-out diamond drilling program on the Lightning Zone on the Company's Rabbit North property near Kamloops, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine. While performing the drilling, Tower collected two till samples that revealed a new, much coarser grained and thus higher grade gold dispersal train 400m [...]
Tower Resources Ltd. is pleased to provide a progress report on the step-out diamond drilling program report that is underway on the new Lightning Zone gold discovery 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 . Four of the planned six to eight drill holes have been completed and the core from [...]
Tower Resources Ltd. is pleased to report that it is preparing to resume diamond drilling on the newly discovered Lightning 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 , and that it has identified a strong new gold grain dispersal train along a major, parallel structure 1 km to the west [...]
Tower Resources Ltd. is pleased to report that it has received gold assays for the final four of the six follow-up holes drilled in April on the recently discovered Lightning 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. The April drilling program was designed to establish the strike, dip and [...]
Tower Resources Ltd. is pleased to report that it has received gold assays for the first two of the six follow-up holes drilled in April on the recently discovered Lightning Zone on the Company's Rabbit North property near Kamloops, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine. The two new holes, RN22-028 and 029, were drilled on a section 50 m northeast of Discovery [...]
Tower Resources Ltd. is pleased to report that it has received the assays for the previously uncut core sections from the first four diamond drill holes 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. The four holes, RN21-024 to 027, were exploratory holes drilled in December, 2021, to probe a 300 m [...]
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 [...]
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