Tower Resources Ltd. is pleased to report that its exploration permit for its 100% owned Rabbit North and West Afton property, spanning 17,526 hectares, has been renewed for 5-years. Situated strategically 14 km southwest of the New Afton copper and gold mine and 27 km northeast of the Highland Valley copper mine , the Rabbit North project offers [...]
Tower Resources is pleased to report the results of the first follow-up diamond drill holes on the newly discovered Rainbow porphyry Cu-Au-Mo zone and younger, shear-hosted Thunder Au zone on its Rabbit North property in the heart of the Kamloops mining district. Holes 047 and 048, Rainbow Cu-Au-Mo Zone The February 2023 Rainbow Zone discovery [...]
Tower Resources Ltd. is pleased to report that it's September gold grain sampling up Arrow Creek on the Company's More Creek property in British Columbia's prolific Golden Triangle has pinned down the source of a historical gold anomaly straddling the Red Line rift structure with which the world-class epithermal Au and porphyry Cu-Au deposits of [...]
Tower Resources Ltd. is pleased to report that it has completed the first follow-up diamond drill holes on the newly discovered Rainbow porphyry Cu-Au-Mo and younger, shear-hosted Thunder Au zones on its Rabbit North property in the heart of the Kamloops mining district . Drilling Summary and Objectives Four holes, Nos. RN23-046 to 049 totaling [...]
Tower Resources Ltd. has approved, subject to acceptance by the TSX Venture Exchange, the grant of 2,600,000 incentive stock options to acquire common shares in the capital of the Company . 1,800,000 of the Options were granted to officers and directors and the remainder to employees and consultants of the Company. The Options are non-transferable [...]
Tower Resources Ltd. is pleased to report mobilization of a diamond core rig to its Rabbit North property in the heart of the Kamloops mining district to drill the first follow-up holes on the Company's newly discovered Thunder orogenic Au zone and adjacent Rainbow porphyry Cu-Au-Mo zone. Background Tower's initial, 4-hole drill test in March 2023 [...]
Tower Resources Ltd. is pleased to report on recent exploration developments at its British Columbia properties, the Company's plans to resume drilling on the new Thunder Au and Rainbow Cu-Au-Mo discoveries at Rabbit North and initiation of follow-up gold grain sampling at More Creek on the Golden Triangle "Red Line". Rabbit North Tower recently [...]
Tower Resources Ltd. announces it has completed a non-brokered flow-through private placement announced June 29, 2023, for aggregate gross proceeds of CAD$450,000 . Under the Offering, the Company issued 2,812,500 flow-through units at a price of CAD$0.16 per FT Unit. Each FT Unit comprised of one common share in the capital of the Company that [...]
Tower Resources Ltd. announces it intends to complete a non-brokered flow-through private placement for aggregate gross proceeds of up to CAD$450,000 . Under the Offering, the Company will issue flow-through units at a price of CAD$0.16 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a [...]
Tower Resources Ltd. is pleased to report that its recent ground magnetic survey has revealed key magnetic trends at each of its Rainbow Porphyry Cu-Au-Mo and Thunder and Lightning Au discoveries 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 [...]
Tower Resources Ltd. is pleased to announce the commencement of a focused ground magnetic survey 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. Purpose of the Ground Magnetic Survey The three significant discoveries [...]
Tower Resources Ltd. is pleased to report that Hole RN23-045, the last hole of the winter diamond drilling program 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 , intersected 92 m grading 1.13 g/t Au in the Lightning Zone [...]