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 [...]
Tower Resources Ltd. announces that its board of directors has adopted an advance notice policy which includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: a requisition of [...]
Hole Drilled Too Steeply to Reach Deeper Thunder Au Zone, Finds Significant Additional Porphyry Cu-Au Mineralization Between Zones Tower Resources Ltd. is pleased to report that assays received from Hole 042 on the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's [...]
Tower Resources Ltd. is pleased to announce that assays received from Hole 41 on its new Thunder Zone gold discovery at 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 , have revealed two closely spaced, 13.25 and 10.12 m [...]
Tower Resources Ltd. is pleased to announce that the first assays have been received from its new Thunder 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 , with a 25.7 m section in discovery hole No. RN23-039 returning [...]