Tower Resources Receives Multi-Year Exploration Permit for Jd Project
(via Thenewswire.ca)
Vancouver, B.C.
- Tower Resources Ltd., (TSX.V: TWR) has received a Multi-Year Area
Based (MYAB) Notice of Work permit from the B.C. government
authorizing a multi-disciplinary five year exploration program at its
JD Project.
Under this new Notice of Work permit Tower has
permission over five years to complete 30,000 metres of drilling from
100 pad locations covering the majority of known target areas.
Historically the property benefited from an access road providing the
opportunity to drill from skid-mounted set ups, thus eliminating the
high-cost of helicopter support. This road has since been deactivated.
Tower now has permission to complete 34 kilometers of road upgrade,
bridge installation, an additional 24 kilometers of new road
construction and trail construction for skid mounted drilling. Camp
installation and 500 metres of trenching is also permitted. This new
permit sets a good framework for advanced project development and
exploration to be completed over a five year time frame.
Tower's 100% controlled JD epithermal gold and silver
property is located in the significant Toodoggone gold district of
north central British Columbia. The JD Property is comprised of over
15,000 hectares located 200 kilometres east of Dease Lake, BC and
approximately 50 kilometres north of Aurico Gold Inc.'s past producing
Kemess South Mine.
Mark Vanry - Director, CEO & President
(604) 558-2565
mvanry@towerresources.ca
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain
"forward-looking statements", as defined in the United
States Private Securities Litigation Reform Act of 1995, and within
the meaning of Canadian securities legislation. The Company cautions
that forward-looking statements are based on the beliefs, estimates
and opinions of the Company's management on the date the statements
are made and they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. The Company
undertakes no obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors, should
change, except as required by law. There are numerous risks and
uncertainties that could cause actual results and West Cirque's plans
and objectives to differ materially from those expressed in the
forward-looking information. The reader is urged to refer to the
Company's public disclosure which is available through the Canadian
Securities Administrators' System for Electronic Document Analysis and
Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such
risk factors and their potential effects.
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