Tower Resources Ltd. is pleased to report that all assays have now been received from the April-May diamond drilling program on the Company's Nechako Gold property in B.C. Thirteen holes, Nos. APR21-18 to 30, were drilled for a total of 2019.8 metres. The main focus of the drilling was on expanding both the original Discovery Zone that was [...]
Tower Resources Ltd. is pleased to report that the first hole of the current 18-hole, ~3000-metre diamond drilling program on the Company's Nechako Gold property in B.C., No. APR-18, intersected a completely new gold zone over a core length of 10.5 metres. Seven samples spanning the first 7.3 m of this zone were assayed on a "rush" basis and [...]
Tower Resources Ltd. is pleased to report that a diamond drill has been mobilized to the Company's Nechako Gold property in south-central British Columbia to begin a 3000-metre, 18-hole drilling program, the largest undertaken by Tower on the property to date. In three previous drilling programs in 2019-2020, seventeen holes totaling 2268 metres [...]
Tower Resources Ltd. is pleased to announce that the flow-through non-brokered private placement previously announced on February 25, 2021 has closed. Under the FT Offering, the Company issued 13,986,014 flow-through units at a price of $0.143 per FT Unit for gross proceeds of $2,000,000. Each FT Unit was comprised of one common share in the [...]
Tower Resources Ltd. announces that it proposes to issue up to 14,000,000 units in a flow-through non-brokered private placement at a price of $0.143 per FT Unit for gross proceeds of approximately $2,000,000 . Each FT Unit will consist of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of [...]
Tower Resources Ltd. is pleased to report assay results from the Company's recent 7-hole, 1244-metre diamond drilling program on its Nechako Gold property in south-central British Columbia . The first four holes, APR20-11 to 14, further tested the April Trend siltstone-mudstone horizon that hosts this year's Discovery Zone while the last three [...]
Tower Resources Ltd. announces that Mr. James Clark has resigned as a director of the Company. Mr. Clark's resignation is a result of his recent acceptance of a position under which he is not permitted to serve as a director of publicly traded companies. Mr. Joe Dhami, President and CEO of Tower, stated: "We wish to take this opportunity to express [...]
Tower Resources Ltd. is pleased to report that it has completed the previously announced reverse circulation and diamond drilling programs on the Company's Nechako, BC gold-silver property . The 15-hole RC and 7-hole diamond drilling programs were run consecutively with no break. Partial results have been received for the till heavy mineral [...]
Tower Resources Ltd. is pleased to announce that it has commenced reverse circulation drilling on its 100% owned Nechako gold/silver property in central British Columbia, Canada. The RC method will be used on approximately 15 vertical holes to rapidly map out, beneath the thick till cover, the mineralized April Trend along strike from the [...]
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 [...]
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 [...]
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 [...]