Tower Resources Ltd.

Tower Resources Ltd. is pleased to announce that geophysical field work on the Company's Nechako property in central B.C. has been completed and a diamond drilling contract has been awarded for the upcoming 2000-metre program focused on expanding the recently announced Discovery Zone along the April Trend. The Company is currently awaiting IP interpretations to finalize the designs of and coordinate the RC and diamond [...]

Tower Resources Ltd. is pleased to report partial results from its ground magnetic-induced polarization survey along the April Trend on the Company's Nechako, BC gold-silver property . Till gold grain and heavy mineral concentrate Au and Ag analyses are also reported for the 15 reverse circulation holes that were drilled in February. Mag Survey Results The Mag survey has been completed, together with 70% of the IP survey [...]

Tower Resources Ltd. is pleased to announce that grid cutting has started on the Company's Nechako Au-Ag property, commencing a comprehensive summer exploration program designed to further test the Discovery Zone and other targets along the April Trend. The exploration program is tiered to maximise the scientific data available for drill planning but is also flexible to allow scaling up the drilling component as results [...]

Tower Resources Ltd. is pleased to announce that the non-brokered private placement announced on May 25, 2020 has now closed. Under the Offering, the Company issued 8,367,732 units at a price of $0.06 per Unit for gross proceeds of $502,064. Each Unit was comprised of common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common [...]

Tower Resources Ltd. announces that it intends to complete a non-brokered private placement of up to 8,333,333 units at $0.06 per Unit for gross proceeds of up to $500,000. The Company intends to use the net proceeds from the Offering to explore the mineralized zones from its recent reverse circulation and diamond drill program on its Nechako property, see the Company's press release of May 6, 2020, and for general [...]

Tower Resources Ltd. is pleased to report partial results from its recent Reverse Circulation and Diamond Drilling program on the April Trend on the Company's Nechako, BC property , including a 7.1 m core intercept grading 2.75 g/t Au, 40.2 g/t Ag, 0.30% Zn and 0.28% Pb in Hole APR20-10, the last hole of the short, 4-hole, 393.1 m DD program. The April Trend is located at the head of a large , strong, Au-Ag-Zn-Pb-As [...]

Tower Resources Ltd. announces that the TSX Venture Exchange has consented to an extension on the term of 6,250,000 common share purchase warrants that were issued under the Company's private placement of units completed on May 8, 2019. The Warrants have an exercise price of $0.10 per common share and were set to expire on May 8, 2020. The Company has received consent from the Exchange to extend the expiry date of the [...]

Tower Resources Ltd. announces that it has made application to the TSX Venture Exchange to extend the term of 6,250,000 common share purchase warrants that were issued under the Company's private placement of units completed on May 8, 2019. The Warrants that are the subject of the application have an exercise price of $0.10 per common share and are set to expire on May 8, 2020. Insiders of the Company hold 12.8% of the [...]

Tower Resources Ltd. is pleased to report that detailed logging of the core from diamond drill hole No. 06 on the Company's Nechako property has confirmed that this hole intersected mineralized volcanogenic horizons of the same type that host the uniquely high-grade Au-Ag mineralization at the Eskay Creek deposit. Joe Dhami, President and CEO, commented: "Confirmation of the Eskay Creek mineral deposit model for the April [...]

Tower Resources Ltd. Tower Resources is pleased to report that the first phase of the planned two-phase diamond drilling program targeting the April Trend on the Company's Nechako property successfully intersected significant Au-Ag-Zn-Pb mineralization at the head of the large, 3 km long x 1.5 km wide Au-Ag-Zn-Pb glacial dispersal train that was previously identified in the till cover by reverse circulation drilling. In [...]