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 [...]
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 [...]