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Tower Resources Commences 2017 Exploration Program at Nechako Gold Project

06.06.2017  |  The Newswire
Vancouver, June 6, 2017 - Tower Resources Ltd. ("Tower" or the "Company") has commenced exploration at its Nechako Gold Property in the Blackwater Gold district, central British Columbia. The road accessible Nechako Gold Property is approximately 30 kilometers northeast of New Gold Inc.'s significant Blackwater development project. Blackwater contains a proven and probable total mineral reserve of 8.2 million ounces of gold and 60.8 million ounces of silver (source: www.newgold.com).

The 2017 exploration program is designed to follow-up on results from the highly successful 2016 till survey (see Tower's News Release dated January 18, 2017), which delineated a 3.5 kilometers long by 2 kilometer wide gold grain anomaly defined by high gold grain counts (up to 268 grains per sample). The gold-in-till target area is broadly coincident with an airborne geophysical signature analogous to that of the Blackwater deposit. Additionally, broad zones of highly anomalous gold in altered volcanics were reported by a previous operator in 2013 diamond drilling collared at the periphery of the gold source target area.

The exploration program commences with ground geophysical crews mobilizing to site to undertake 24 line-kilometers of Induced Polarization and Ground Magnetics surveys over the head of the dispersion train and coincident geochemical and geophysical anomalies. Survey results will be interpreted and compiled with historic and recent data to further refine gold target areas. Follow-up shallow, top-of-bedrock Reverse-Circulation (RC) drilling is planned for fall of 2017 to test for mineralization below shallow till cover. Diamond drilling will be completed subsequent to the RC drill program, testing to depth gold targets as outlined by RC results.

Some technical information contained in this release is historical in nature and has been compiled from sources believed to be accurate. This technical information has not been verified by Tower and may in some instances be unverifiable dependent on the existence of all historical grab and trench samples and drill core. Management also cautions that mineral resources on nearby properties are not necessarily indicative of the results that may be achieved on the subject property.

The technical content of this news release has been reviewed and approved by Paola Chadwick, P.Geo., Exploration Manager for the company and qualified person as defined by National Instrument 43-101.


About Tower Resources

Tower Resources Ltd. (TWR.V) is a Vancouver based junior mineral exploration company focused on the discovery and advancement of economic mineral projects, primarily in British Columbia. The company's key exploration assets are Rabbit North, Nechako Gold and More Creek.



Tower Resources Ltd.
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 the adequacy or accuracy of this release.


Forward-Looking Statement Caution

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 Tower'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.


Copyright (c) 2017 TheNewswire - All rights reserved.
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Tower Resources Ltd.
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