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Tower Resources Ltd. (V:TWR)

Business Focus: Diversified Mining

Apr 25, 2024 08:30 am ET
Tower Adopts Structural Model Connecting the Widespread Orogenic Gold Mineralization Intersected at Rabbit North and Prepares to Drill Systematically through 2024
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has recognized a key structural link between the widely spaced Lightning, Thunder and other orogenic Au zones intersected on its Rabbit North property in the heart of the Kamloops mining district (see Fig. 1), enabling the Company to develop a systematic drilling program for the property through 2024.
Apr 24, 2024 08:30 am ET
Tower Announces $500,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it intends to complete a non-brokered private placement, comprised of a flow-through offering (the "FT Offering") and a non-flow through offering (the "Unit Offering"), for aggregate gross proceeds of $500,000 (the "Offering").
Mar 04, 2024 08:30 am ET
Tower Resources Renews 5-Year Permit and Unveils Future Drill Plan at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company")  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 (New Gold Inc.) and 27 km northeast of the Highland Valley copper mine (Teck Resources Ltd.), the Rabbit North project offers exceptional exploration potential. Furthermore, the Kamloops region has an experienced workforce and infrastructure that facilitates year-round exploration.
Jan 18, 2024 08:30 am ET
Tower Determines from Holes 048 and 049 that the Rainbow Cu-Au-Mo Zone Extends Westward at a Depth and Grade Similar to Discovery Hole 042 but in the Small Drill Area Is Cut by a Narrow Paleo-Canyon
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report the results of the first follow-up diamond drill holes on the newly discovered Rainbow porphyry Cu-Au-Mo zone (two holes) and younger, shear-hosted Thunder Au zone (two holes) on its Rabbit North property in the heart of the Kamloops mining district (see Fig. 1).
Dec 11, 2023 08:45 am ET
Tower Resources' Gold Grain Sampling on the More Creek Property in B.C.'s Prolific Golden Triangle Locates a New Gold Source Straddling the Key Red Line Rift Structure
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 (see Fig. 1) 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 the Triangle are closely associated.
Nov 14, 2023 08:30 am ET
Tower Completes Follow-Up Drilling Program at Rabbit North Focused on Confirming the Indicated Rapid Westward Thickening and Lateral Continuity of the Rainbow Porphyry Cu-Au-Mo Discovery
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 (see Fig. 1).
Oct 19, 2023 06:00 pm ET
Tower Announces Issuance of Equity Incentives
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") has approved, subject to acceptance by the TSX Venture Exchange, the grant of 2,600,000 incentive stock options (the "Options") to acquire common shares in the capital of the Company (each a "Common Share"). 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 and exercisable until October 19, 2028, at $0.12 per Option, subject to vesting provisions, with one-third vesting on the date of grant and one-third vesting ever anniversary thereafter.
Oct 05, 2023 08:30 am ET
Tower Begins Drilling at Rabbit North to Refine and Expand the Promising Thunder Au and Rainbow Porphyry Cu-Au-Mo Discoveries
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report mobilization of a diamond core rig to its Rabbit North property in the heart of the Kamloops mining district (Fig. 1) 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.
Sep 21, 2023 08:30 am ET
Tower Provides Exploration Update on its B.C. Properties; Prepares to Drill New Thunder Au and Rainbow Cu-Au-Mo Discoveries at Rabbit North and Initiates Follow-Up Sampling at More Creek on a Gold Gra
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report on recent exploration developments at its British Columbia properties (see Fig. 1), 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".
Jul 06, 2023 05:00 pm ET
Tower Announces Closing of Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has completed a non-brokered flow-through private placement announced June 29, 2023, for aggregate gross proceeds of CAD$450,000 (the "Offering"). Under the Offering, the Company issued 2,812,500 flow-through units (each, a "FT Unit") at a price of CAD$0.16 per FT Unit. Each FT Unit comprised of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each, a "FT Common Share") and one (1) non-transferable common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one (1) non-flow-through common share in the capital of the Company (each a "Common Share") at price of CAD$0.32 per Common Share until July 6, 2025. The proceeds from the Offering will be used for expenditures that qualify as Canadian Exploration Expenses, within the meaning of the Income Tax Act (Canada), to carry out exploration programs on the Company's Canadian properties.
Jun 29, 2023 11:00 am ET
Tower Announces Proposed Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it intends to complete a non-brokered flow-through private placement for aggregate gross proceeds of up to CAD$450,000 (the "Offering"). Under the Offering, the Company will issue flow-through units (each, a "FT Unit") at a price of CAD$0.16 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each, a "FT Common Share") and one (1) non-transferable common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one (1) non-flow-through common share in the capital of the Company (each a "Common Share") at price of CAD$0.32 per Common Share for a period of 24 months from the date of issuance. The proceeds from the Offering will be used for expenditures that qualify as Canadian Exploration Expenses, within the meaning of the Income Tax Act (Canada), to carry out exploration programs on the Company's Canadian properties.
Jun 22, 2023 08:30 am ET
Tower's Ground Magnetic Survey at Rabbit North Reveals a Large, Untested Target Area West of the Rainbow Porphyry Cu-Au-Mo Zone and Prominent Lineaments through the Structurally Hosted Thunder and Lig
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 open pit Cu-Mo mine (see Fig. 1).
May 31, 2023 08:30 am ET
Tower Commences Ground Magnetic Survey to Guide Diamond Drilling on the New Rainbow Porphyry Cu-Au-Mo and Thunder Orogenic Au Zones and Identify Similar Targets for Future Testing
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 (see Fig. 1).
May 10, 2023 08:30 am ET
Tower Resources Drills 92 m of 1.13 g/t Au Near Surface in Lightning Zone; Next Campaign to Focus on Expanding the New Thunder Au and Rainbow Porphyry Cu-Au Zones Laterally and to Depth
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 (see Fig. 1), intersected 92 m grading 1.13 g/t Au in the Lightning Zone, and that a summer drilling program is planned 400 m to the west to expand the new Thunder Au and Rainbow Porphyry Cu-Au-Mo Zones.
May 08, 2023 07:00 pm ET
Tower Resources Adopts Advance Notice Policy
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that its board of directors (the "Board") has adopted an advance notice policy (the "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: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder proposal made pursuant to the provisions of the Act.
Apr 20, 2023 08:30 am ET
Tower Resources Announces Hole 042 at Rabbit North Hits 72.4 m of Porphyry Cu-Au-Mo Mineralization Averaging 0.57% Cu-Equivalent in the New Rainbow Zone
Hole Drilled Too Steeply to Reach Deeper Thunder Au Zone, Finds Significant Additional Porphyry Cu-Au Mineralization Between Zones
Apr 05, 2023 08:30 am ET
Tower Resources Encounters Higher Au Grades in Hole 041 on the Thunder Zone 200 m Along Strike from Hole 039 at Rabbit North, with Two Closely Spaced Intercepts of 3.28 g/t Au over 13.25 m and 2.16 g/
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that assays received from Hole 41 on its new Thunder Zone gold discovery (see press release from March 1, 2023) 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 (see Fig. 1), have revealed two closely spaced, 13.25 and 10.12 m intercepts containing 3.28 and 2.19 g/t Au, respectively (see Figs. 2 and 3).
Mar 30, 2023 08:30 am ET
Tower Reports First Assays from Thunder Zone, Intersects 25.7 m of 2.04 g/t Au in Hole 039 Significantly Exceeding Average Grade of Lightning Zone with Strong Indicated Continuity
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) -  Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that the first assays have been received from its new Thunder Zone (see press release from March 1, 2023) 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 (see Fig. 1), with a 25.7 m section in discovery hole No. RN23-039 returning 2.04 g/t Au.
Mar 01, 2023 08:00 am ET
Tower Discovers Strongly Mineralized "Thunder" Gold Zone West of Lightning; New Zone Drilled to 400 m Depth, Growing in Strength and Thickness and Gaining Significant Cu
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that its inaugural four-hole diamond drill test at the head of the Central Train (see February 23, 2023 press release) 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 (see Fig. 1), has resulted in the discovery of a new shear-hosted gold zone, Thunder, that is more strongly mineralized than the Lightning Zone and blossoms with depth.
Feb 23, 2023 08:30 am ET
Tower's New Till Samples Confirm That the Lightning Zone Is Not the Main Source of the Dominic Lake Gold Dispersal Train; Drilling Is Underway to Test for a Larger Gold Source Beneath the Train
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce completion of the till sampling and gold grain testing component of the Company's current 2000 m diamond drilling program (see press release from February 2, 2023) 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 (see Fig. 1). The gold grain results obtained from the till samples will be used to guide diamond drill testing of the large Dominic Lake gold grain dispersal train as soon as drilling is completed at the source of the smaller but higher-grade Central Train.
Feb 02, 2023 08:00 am ET
Tower Prepares to Start 2000 m Diamond Drilling Program on Three Key Gold Targets at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that it expects to resume diamond drilling early next week 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 (see Fig. 1). Approximately 2000 m of drilling are planned - double the size of the campaigns completed last year following the discovery in December, 2021, of the Lightning Gold Zone (95 m of 1.40 g/t Au including 19.2 m of 4.42 g/t Au; see Tower's January 11, 2022 press release at www.towerresources.ca).
Dec 23, 2022 05:00 pm ET
Tower Announces Closing of Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that it has closed a non-brokered flow-through private placement for gross proceeds of CAD$700,000 (the "Offering"). Under the Offering, the Company issued 3,888,889, flow-through units (each, a "FT Unit") at a price of CAD$0.18 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each, a "FT Common Share") and one (1) non-transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one (1) non-flow-through common share in the capital of the Company (each a "Common Share") at price of CAD$0.36 per Common Share until December 23, 2024. The proceeds from the Offering will be used for expenditures that qualify as Canadian Exploration Expenses, within the meaning of the Income Tax Act (Canada), to carry out exploration programs on the Company's Canadian properties.
Dec 16, 2022 06:00 pm ET
Tower Releases Corporate Presentation
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce it has released an updated corporate presentation, available on the Company's website (Tower Corporate Presentation – December, 2022).
Nov 22, 2022 08:30 am ET
Tower Performs Follow-Up Till Sampling on the Central Gold Grain Dispersal Train, Confirms Its High Grade and Constrains Its Source Sufficiently for an Initial Diamond Drill Test
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report the results of follow-up till sampling performed recently on the new, high-grade Central gold grain dispersal train (see Tower's October 5, 2022 press release) 400 m west of the Lightning 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 (see Fig. 1). The new sampling confirmed the high grade of the Central Train and traced the train up-ice to its source area in preparation for an initial diamond drill test that Tower plans to conduct prior to the next expansion drilling campaign on the Lightning Zone due to the long delay in receiving assays from the August-September drilling program on this zone.
Oct 05, 2022 08:30 am ET
Tower Completes Step-Out Drilling on the Lightning Zone at Rabbit North and Identifies a New Gold Grain Dispersal Train Indicative of Higher-Grade Mineralization 400m to the West
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to provide an update on the recent step-out diamond drilling program (see Tower's September 15, 2022 press release) on the Lightning 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 (see Fig. 1). While performing the drilling, Tower collected two till samples that revealed a new, much coarser grained (see Fig. 2) and thus higher grade gold dispersal train 400m west of the Dominic Lake Train (see Fig. 3) that emanates from the Lightning Zone (see Fig. 4) and led to its discovery.
Sep 15, 2022 08:30 am ET
Tower' Step-Out Drilling at Rabbit North Confirms North-Northwest Strike of Lightning Zone, Continues to Obtain Wide Intercepts with Pyrite Levels Similar to Discovery Hole 026
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to provide a progress report on the step-out diamond drilling program report that is underway on the new Lightning Zone gold discovery 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 (see Fig. 1). Four of the planned six to eight drill holes have been completed and the core from the first three hole, Nos. RN22-034 to 036, has been cut and submitted for assay.
Aug 09, 2022 08:30 am ET
Tower Prepares to Resume Drilling on Lightning Zone, Identifies Strong New Gold Grain Dispersal Train on Parallel Structure to the West
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - Tower Resources Ltd. (TSXV: TWR)  ("Tower" or the "Company") is pleased to report that it is preparing to resume diamond drilling on the newly discovered Lightning 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 (see Fig. 1), and that it has identified a strong new gold grain dispersal train along a major, parallel structure 1 km to the west.
Jul 13, 2022 08:00 am ET
Tower's Latest Drilling Indicates Lightning Zone Has Two Branches, Doubling Its Strike Length; Hole 031 Intersects 22.0 m of 2.09 g/t in Main Branch, Holes 030 and 033 Hit 26.5 m of 1.76 g/t Au and 1.
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received gold assays for the final four of the six follow-up holes drilled in April on the recently discovered Lightning 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 (see Fig. 1).
Jun 22, 2022 08:00 am ET
Tower's First Two Follow-Up Drill Holes on Lightning Zone Return Long Intervals Surpassing Gold Grade of Discovery Hole: Hole 028 Cuts 138.0 m @ 1.55 g/t Au including 24.5 m @ 4.76 g/t Au, Hole 029 Cu
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received gold assays for the first two of the six follow-up holes drilled in April on the recently discovered Lightning 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 (see Fig. 1).
Jun 07, 2022 08:00 am ET
Tower Receives Infill Assays for 2021 Exploration Drill Holes at Rabbit North Revealing New Footwall Au Zones in Hole 027; Key Assays Pending for 2022 Delineation Drill Holes on Lightning Zone
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received the assays for the previously uncut core sections from the first four diamond drill holes 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 (see Fig. 1).
May 04, 2022 08:00 pm ET
Tower Resources Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it has granted stock options to acquire up to 2,818,000 common shares to certain directors, officers and consultants. Each of the stock options is exercisable for a five-year term expiring on May 4, 2027 and exercisable until that time at a price of $0.28 per common share. The options are subject to vesting provisions, with one-third vesting and becoming exercisable on the date of grant, and one-third vesting and becoming exercisable every anniversary thereafter. The stock options are non-transferable and any common shares issued upon exercise of the stock options, are subject to a four-month resale restriction expiring September 5, 2022.
May 03, 2022 09:15 am ET
Tower Completes Rabbit North Drilling Program, Repeatedly Hits Mineralization Resembling Hole 26 Gold Zone and Intersects Possible Footwall Zone
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has completed its preliminary follow-up diamond drilling program on the newly discovered Hole 26 gold 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 (see Fig. 1). Tower has also officially named the gold discovery the Lightning Zone in recognition of the speed with which it was struck, just six months after the initial till heavy mineral survey that identified the Dominic Lake gold grain dispersal train (see Fig. 2).
Mar 23, 2022 08:30 am ET
Tower Resumes Drilling on its Golden Zone Discovery at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to advise that diamond drilling is now underway on the Company's Rabbit North property near Kamloops British Columbia (see Fig. 1).
Mar 10, 2022 08:30 am ET
Tower Prepares for Follow-Up Drilling on the Golden Zone Discovery at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it plans to resume diamond drilling next week on the newly discovered Golden 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 (see Fig. 1).
Feb 28, 2022 08:30 am ET
Tower Announces Property Acquisition
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - Tower Resources Ltd. ("Tower" or the "Company") (TSXV: TWR) is pleased to announce it has entered into a property purchase agreement dated February 25, 2022 (the "Agreement"), to purchase a claim block of property near Kamloops, B.C. known as the West Afton Claims (the "Property").
Jan 11, 2022 12:00 pm ET
Tower Quickly Discovers Source of Rabbit North Gold Grain Anomaly, Drills 95 m of 1.4 g/t Au Including 19.2 m of 4.2 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2022) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that its December, 2021, diamond drilling program at the head of the recently identified gold grain dispersal train on the Company's Rabbit North property (Fig. 1; see Tower's August 10, November 12 and December 2, 2021 press releases at www.towerresources.ca) has discovered a new gold zone with an impressive initial intercept in Hole RN21-026 of 95.0 m of 1.40 g/t Au, including 19.2 m of 4.21 g/t Au (Table 1).
Jan 11, 2022 11:10 am ET
IIROC Trading Resumption - TWR
VANCOUVER, BC, Jan. 11, 2022 /CNW/ - Trading resumes in:
Jan 10, 2022 02:35 pm ET
IIROC Trading Halt - TWR
VANCOUVER, BC, Jan. 10, 2022 /CNW/ - The following issues have been halted by IIROC:
Dec 02, 2021 08:30 am ET
Tower Resources Commences Drilling on Prime Porphyry Cu-Au Target Between New Afton and Highland Valley Mines
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that diamond drilling has commenced on the exciting new porphyry Cu-Au target (see press release dated November 12, 2021) on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. (see figure 1).
Nov 12, 2021 08:30 am ET
Tower's Follow-Up Till Survey Transforms Rabbit North Gold Grain Anomaly into an Exciting, Drill-Ready Target
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that infill till sampling on the exceptionally strong gold grain anomaly that Tower identified in May (see press release dated August 10, 2021) near Dominic Lake on the Company's Rabbit North porphyry Cu-Au property near Kamloops, B.C. (Fig. 1) has transformed the anomaly into a classic gold dispersal train and resolved the probable bedrock source of the gold sufficiently for an initial diamond drill test.
Oct 26, 2021 10:24 pm ET
Tower Resources Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it has granted stock options to acquire up to 2,150,000 common shares to certain directors, officers and consultants. Each of the stock options is exercisable for a five-year term expiring on October 26, 2026, and exercisable until that time at a price of $0.06 per common share. The options are subject to vesting provisions, with one-third vesting and becoming exercisable on the date of grant, and one-third vesting and becoming exercisable every anniversary thereafter. The stock options are non-transferable and any common shares issued upon exercise of the stock options, are subject to a four month resale restriction expiring February 27, 2022.
Oct 20, 2021 06:04 pm ET
Early Warning Press Release in Accordance with National Instrument 62-103
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2021) - Pursuant to an acquisition in the public market on October 20, 2021, Mr. Brian Tingle of Vancouver, B.C. acquired ownership of 1,600,000 common shares of Tower Resources Ltd. (TSXV: TWR) (the "Corporation"), listed on the TSXV under the trading symbol "TWR", at a price of $0.04 per common share.
Oct 05, 2021 08:30 am ET
Tower Commences Follow-Up Gold Grain Survey at Rabbit North to Refine Drill Targets
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has begun the planned follow-up till sampling program on the Company's Rabbit North porphyry copper-gold property near Kamloops, British Columbia (Fig. 1).
Aug 10, 2021 08:00 am ET
Inaugural Till Heavy Mineral Survey on Tower's Rabbit North Property Identifies a Strong Gold Grain Anomaly Indicating Proximity to a Significant New Porphyry Cu-Au Deposit
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that a recently completed till sampling program on the Company's Rabbit North Property near Kamloops, British Columbia, has identified a strong gold grain anomaly indicating proximity to a new, hidden, alkalic porphyry Cu-Au deposit much more substantial than the known, exposed Cu-Au zones on the property.
Jul 20, 2021 08:30 am ET
Tower Reports Significant Au Assays from the Pond Trend at Nechako Including 1.3 g/t over 14.7 m in Hole 18, 18.9 g/t over 0.6 m in Hole 19 and 17.5 g/t over 0.6 m in Hole 26
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 south-central B.C. (Fig. 1). Thirteen holes, Nos. APR21-18 to 30 (Fig. 2), 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 intersected last year in Hole 10 on the April Trend and the new zone (2.0 g/t Au and 7.2 g/t Ag over 7.3 m; see Tower's April 28, 2021, press release) that was intersected in the first hole of the current drilling program, No. 18, on the parallel Pond Trend to the northeast.
Apr 28, 2021 08:30 am ET
Tower Receives Rush Assays Averaging 2.0 g/t Au and 7.2 g/t Ag from Upper 7.3 metres of New 10.5-metre-wide Gold Zone in First Hole of 3000m Diamond Drilling Campaign at Nechako Gold Property
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 south-central B.C. (Fig. 1), 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 returned a weighted average of 2.0 g/t Au and 7.2 g/t Ag. Only limited rush assays are possible at the present time due to the very high level of exploration activity in Canada. Therefore assaying most of the core samples, including those from the lower part of the new gold zone, will require approximately three weeks.
Apr 07, 2021 08:30 am ET
Tower Resources Initiates Major Diamond Drilling Program at Nechako to Expand Recent Au-Ag Discoveries and Probe Prime New Targets
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") 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.
Mar 24, 2021 11:00 am ET
Tower Announces Closing of $2,000,000 Flow-Through Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that the flow-through non-brokered private placement previously announced on February 25, 2021 (the "FT Offering") has closed. Under the FT Offering, the Company issued 13,986,014 flow-through units (each a "FT Unit") at a price of $0.143 per FT Unit for gross proceeds of $2,000,000. Each FT Unit was comprised of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each a "FT Common Share") and one (1) transferable common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one non-flow-through common share in the capital of the Company (each a "Common Share") at price of $0.22 per Common Share until March 24, 2022.
Feb 25, 2021 11:00 am ET
Tower Announces Flow-Through Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it proposes to issue up to 14,000,000 units (each a "FT Unit") 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 (the "FT Offering"). Each FT Unit will consist of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each a "FT Common Share") and one (1) transferable common share purchase warrant (each a "Warrant"). Each Warrant will entitle the holder to purchase one non-flow-through common share in the capital of the Company (each a "Common Share") at price of $0.22 per Common Share until the date which is twelve (12) months from the date of issuance.
Dec 21, 2020 08:00 am ET
Tower Resources Extends Discovery Zone to Depth at Nechako and Intersects 4.0 g/t Au and 34.1 g/t Ag Across New Massive Sulphide Horizon
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2020) -  Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") 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 (Fig. 1). The first four holes, APR20-11 to 14, further tested the April Trend siltstone-mudstone horizon (Fig. 2) that hosts this year's Discovery Zone (7.1 m of 2.75 g/t Au, 40.2 g/t Ag, 0.30% Zn and 0.28% Pb in Hole APR20-10; see Tower's May 06, 2020 press release) while the last three, APR20-15 to 17, targeted the equally fertile contact between the overlying basalt flows and dacitic tuff-breccia horizon.
Nov 13, 2020 09:07 pm ET
Tower Resources Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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.
Oct 22, 2020 08:30 am ET
Tower Resources Completes RC and Diamond Drilling Programs to Expand the Discovery Zone at Nechako and Test New Gold-Silver Targets
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has completed the previously announced reverse circulation ("RC") and diamond drilling programs (see Tower's September 16, 2020, press release) on the Company's Nechako, BC gold-silver property (see Figure 1).
Sep 16, 2020 10:44 am ET
Tower Resources Commences Double-Barreled Drill Program on Nechako Gold-Silver Property
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") is pleased to announce that it has commenced reverse circulation ("RC") drilling on its 100% owned Nechako gold/silver (Au-Ag) 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 significant Au-Ag discovery (7.1 m of 2.75 g/t Au and 40 g/t Ag; see May 6, 2020 press release) that was made in the final hole, No. APR20-10, of the Company's March diamond drilling program. The Lower Till horizon that hosts the glacial Au-Ag-As-Zn-Pb dispersal train from the April Trend till will also be sampled and analyzed.
Aug 26, 2020 08:30 am ET
Tower Resources Announces Optioning of Golden Triangle and Toodoggone Properties
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") 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 interpretations to finalize the designs of and coordinate the RC and diamond drilling programs.
Aug 13, 2020 08:30 am ET
Tower Resources Progresses Mag-IP Survey at Nechako; Preliminary Results Indicate Strong Magnetic Activity over Discovery Zone and Breccia Dome
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2020) - Tower Resources Ltd. (TSXV: TWR) (OTC Pink: TWRFF) ("Tower" or the "Company") is pleased to report partial results from its ground magnetic-induced polarization (Mag-IP) survey along the April Trend on the Company's Nechako, BC gold-silver property (Fig. 1). Till gold grain and heavy mineral concentrate (HMC) Au and Ag analyses are also reported for the 15 reverse circulation (RC) holes that were drilled in February.
Jul 22, 2020 08:30 am ET
Tower Resources Announces Grid Cutting at Nechako Property
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2020) -  Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") 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 but is also flexible to allow scaling up the drilling component as results are received.
Jun 25, 2020 08:00 am ET
Tower Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that the non-brokered private placement announced on May 25, 2020 (the "Offering") has now closed. Under the Offering, the Company issued 8,367,732 units (each a "Unit") at a price of $0.06 per Unit for gross proceeds of $502,064. Each Unit was comprised of (1) common share in the capital of the Company (each a "Common Share") and one (1) transferable Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at price of $0.10 per Common Share until June 24, 2022.
May 25, 2020 08:30 am ET
Tower Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it intends to complete a non-brokered private placement (the "Offering") of up to 8,333,333 units (each a "Unit") at $0.06 per Unit for gross proceeds of up to $500,000. The Company intends to use the net proceeds from the Offering to explore the mineralized zones from its recent reverse circulation and diamond drill program on its Nechako property, see the Company's press release of May 6, 2020, and for general working capital purposes.
May 06, 2020 08:30 am ET
Tower Resources Intersects 7.1 m of 2.75 g/t Au and 40.2 g/t Ag Above Major Alteration Pipe at Nechako
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report partial results from its recent Reverse Circulation (RC) and Diamond Drilling (DD) program on the April Trend on the Company's Nechako, BC property (Fig. 1), including a 7.1 m core intercept grading 2.75 g/t Au, 40.2 g/t (1.2 oz/ton) Ag, 0.30% Zn and 0.28% Pb in Hole APR20-10, the last hole of the short, 4-hole, 393.1 m DD program.
Apr 21, 2020 07:56 pm ET
Tower Resources Receives Approval to Amend Term of Warrants
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) -  Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that the TSX Venture Exchange (the "Exchange") has consented to an extension on the term of 6,250,000 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed on May 8, 2019. The Warrants have an exercise price of $0.10 per common share and were set to expire on May 8, 2020. The Company has received consent from the Exchange to extend the expiry date of the Warrants to May 8, 2021 in accordance with Exchange policies.
Apr 17, 2020 05:00 pm ET
Tower Resources Applies for Amendment to Terms of Warrants
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces that it has made application to the TSX Venture Exchange (the "Exchange") to extend the term of 6,250,000 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed on May 8, 2019. The Warrants that are the subject of the application have an exercise price of $0.10 per common share and are set to expire on May 8, 2020. Insiders of the Company hold 12.8% of the Warrants. The Company has applied for consent to extend the term of the Warrants from twelve months (12) to twenty-four months (24) from the date of original issuance of the Warrants in accordance with Exchange policies.
Feb 13, 2020 08:59 am ET
Tower Resources' Drilling Verifies Eskay Creek Deposit Model for the Au-Ag-As-Zn-Pb Mineralization on the April Trend at Nechako
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2020) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that detailed logging of the core from diamond drill hole No. 06 on the Company's Nechako property has confirmed that this hole intersected mineralized volcanogenic horizons of the same type that host the uniquely high-grade Au-Ag mineralization at the Eskay Creek deposit.
Sep 20, 2019 08:00 am ET
Tower Resources Intersects Significant Au-Ag-Zn-Pb Mineralization at Nechako
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2019) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") Tower Resources is pleased to report that the first phase of the planned two-phase diamond drilling (DD) program targeting the April Trend on the Company's Nechako property successfully intersected significant Au-Ag-Zn-Pb mineralization at the head of the large, 3 km long x 1.5 km wide Au-Ag-Zn-Pb glacial dispersal train that was previously identified in the till cover by reverse circulation (RC) drilling.
Jul 29, 2019 08:00 am ET
Tower Resources Announces Mobilisation of Diamond Drill Program and Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce that a contracted drill and crew has been mobilised from Smithers, B.C. to Tower's Nechako Gold property to begin the first phase of a diamond drilling program. The initial target will be the North Western part of the mineralized April Trend which was first recognized in the Phase II RC drilling program and is inferred to be the bedrock source of the major, 1.5 km wide x 3 km long, till-hosted Nechako Au-Ag-As-Zn-Pb glacial dispersal train.
Jun 18, 2019 08:00 am ET
Tower Resources to Drill on the Nechako Property
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") Tower Resources is pleased to report that the recently announced (see April 29, 2019 press release) Phase III reverse circulation (RC) drilling program on the Company's Nechako property south of Vanderhoof, BC was completed successfully and achieved its objective of narrowing the location of the mineralized April Trend in preparation for an initial diamond drill test.
May 08, 2019 03:32 pm ET
Tower Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to announce that the non-brokered private placement previously announced on April 5, 2019 (the "Private Placement") has now closed. Under the Private Placement, the Company issued 12,500,000 units (each a "Unit") at a price of $0.04 per Unit for gross proceeds of $500,000. Each Unit was comprised of one (1) common share in the capital of the Company (each a "Common Share") and one-half of one (1/2) transferable Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at price of $0.10 per Common Share until May 8, 2020.
Apr 29, 2019 08:00 am ET
Tower Resources Announces Commencement of Exploration Program on Nechako Property
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") Tower Resources is pleased to announce the commencement of their 2019 exploration program on the Nechako property, starting with infill reverse circulation (RC) drilling at the head of the Nechako dispersal train.
Apr 05, 2019 08:30 am ET
Tower Announces Appointment of President and CEO and Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to announce, subject to the approval of the TSX Venture Exchange (the "Exchange"), that Mr. Joe Dhami has been appointed President and Chief Executive Officer and a member of the Board of Directors of the Company. Mr. Dhami has over 20 years of experience in the capital markets working with portfolio managers, retail brokers and high net worth investors. He is a well respected financial consultant who provides end to end corporate advisory services from the corporate start-up stage through the high growth cycle of a discovery or product launch, with a view to optimizing shareholder value. Companies which achieved success with Mr. Dhami's assistance include Webtech Wireless, a Canadian telematics and location-based service provider that became an industry leader, recognized as one the fastest growing companies that had top line revenue to 35 million, sold product worldwide and was eventually bought by a competitor, and Rainy River Resources, a Canadian based exploration company which discovered an economic gold deposit in northern Ontario and was eventually acquired by a established gold producer which put Rainy River's project into production.
Feb 14, 2019 08:00 am ET
Tower Corners Bedrock Source of Nechako Gold Grain Dispersal Train
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company")  is pleased to report that it has located the bedrock source area of the large gold grain anomaly that the Company identified two years ago (see June 18, 2017 press release) on its wholly owned Nechako property (Fig. 1) in south-central British Columbia, Canada, a 1.5-hour drive from Vanderhoof via the all-weather Kluskus-Ootsa road.
Feb 01, 2019 04:15 pm ET
Tower Resources Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") announces that Garett Macdonald has tendered his resignation as President, Chief Executive Officer and a director of the Company. Mr. Macdonald's departure will be effective as of February 28, 2019 in order to assist in facilitating a smooth transition to new management. The Board of Directors is actively seeking a new President and CEO, and has identified a number of qualified candidates.
Nov 20, 2018 08:00 am ET
Tower Resources Exercises Option on Rabbit North and Announces Combined RC and Diamond Drilling Program at Nechako
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to report that it has fully exercised its option on the Rabbit North copper-gold project in British Columbia and now holds a 100% interest in the properties. Over the past two years Tower has identified a number of promising alkalic porphyry targets containing high grades of copper-gold mineralization over significant widths in structurally controlled chutes, including 0.97% Cu and 0.62 g/t Au (1.39% CuEq) over 26.5 metres in drill hole RN17-015 (included within 247m of 0.51% Cu and 0.34 g/t Au, or 0.75% CuEq) in the Western Magnetite Zone. Future exploration work will include high resolution 3D DCIP (direct current induced polarization) ground based geophysical surveys to define the orientation of the mineralized structures prior to diamond drilling. The road-accessible Rabbit North project comprises approximately 16,400 hectares in the infrastructure-rich copper and gold porphyry belt of southern British Columbia. The project is strategically located 14 kilometres southwest of the producing New Afton copper and gold mine (New Gold Inc.) and approximately 28 kilometres northeast of the producing Highland Valley copper mine (Teck Resources Ltd.)
Sep 27, 2018 07:00 am ET
Tower Resources Intersects 288 metres grading 0.26% Copper Equivalent (CuEq) including 53 metres grading 0.48% CuEq at Rabbit North
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to provide an exploration update, including assay results from two diamond drill holes (Table 1), of work completed this summer at the Company's flagship Rabbit North copper-gold project, near Kamloops, British Columbia. Exploration at Rabbit continues to return wide intervals of porphyry related copper and gold mineralization in several holes at the Western Magnetite Zone, including drill hole RN17-15 which intersected 247 metres @ 0.74% CuEq, including 27 metres grading 1.40% CuEq (see press release dated July 11th, 2017) and RN16-008 which intersected 200 metres grading 0.40% CuEq including 72 metres grading 0.61% CuEq (see press release dated December 8th, 2016).
Aug 23, 2018 08:00 am ET
Tower Resources Reports Nechako Drill Results
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to provide an update at the Company's Nechako gold project in British Columbia. The Nechako gold project is is located approximately 30 kilometres northeast of New Gold's Blackwater development project in the Nechako Plateau Region of central British Columbia. The project is road accessible and comprises 10 mineral tenures totaling 2,975 hectares. Exploration work at the project has identified a number of targets including epithermal gold and silver minerlaization and also porphyry copper and gold mineralization.
Jul 31, 2018 08:00 am ET
Tower Announces OTCQB Listing Under the Symbol TWRFF
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2018) - Tower Resources Ltd. (TSXV: TWR) (FSE: T7Y1) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to announce that commencing July 31, 2018 its common shares will be listed for trading on the OTCQB under the trading symbol TWRFF.
Jul 12, 2018 08:00 am ET
Tower Resources Initiates Drill Program at Rabbit North Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2018) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has commenced its 2018 exploration program at the Rabbit North copper-gold porphyry project near Kamloops, British Colulmbia. A total of 5,000 metres of diamond drilling is planned in the Western Magnetie and Chrysocolla Main zones, where the Company has previously intersected high grades of near-surface gold and copper mineralization over large widths. Tower is also pleased to announce the appointment of Cambria Geosciences as advisors to the Company.
May 29, 2018 06:05 am ET
Tower Resources Announces Corporate Update
Vancouver, B.C. / TheNewswire / May 29, 2018 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is pleased to provide an update with respect to  the Company’s ongoing exploration activities and plans for 2018.  
May 17, 2018 07:05 am ET
Tower Resources Appoints Mr. Mark N.J. Ashcroft, P.Eng. as Technical Advisor
Vancouver, B.C. / TheNewswire / May 17, 2018 - Tower Resources Ltd., (“Tower” or the “Company”) (TSXV: TWR) is pleased to announce the appointment of Mark Ashcroft as a technical advisor to the Company.
May 15, 2018 06:05 am ET
Tower Resources Identifies High Grade Till Samples at Nechako
Vancouver, B.C. / TheNewswire / May 15, 2018 - Tower Resources Ltd. (“Tower” or the “Company”) is pleased to provide an update at the Company’s Nechako gold project in British Columbia.
May 02, 2018 06:05 am ET
Tower Resources Announces Results of AGM - New Board of Directors
Vancouver, B.C. / TheNewswire / May 2, 2018 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is pleased to announce the results of the Company’s Annual General Meeting of Shareholders held on April 30, 2018 (the “AGM”).  
Apr 03, 2018 06:04 am ET
Tower Resources Announces Appointment of New President and CEO
Vancouver, B.C. / TheNewswire / April 3, 2018 Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is pleased to announce that Mr. Garett Macdonald, MBA, P.Eng., has been appointed President and Chief Executive Officer of Tower. Mr. Macdonald succeeds Mr. Mark Vanry, who has elected to step down after serving as President and CEO for the past eight years.
Mar 08, 2018 07:03 am ET
Tower Resources Announces Appointment of New Director and Interim CFO
Vancouver, B.C. / TheNewswire / Tower Resources Ltd. (“Tower” or the “Company”) is pleased to announce, subject to the approval of the TSX Venture Exchange (the "Exchange"), that Mr. Garett Macdonald has been appointed to the Board of Directors of Tower. Mr. Macdonald is currently a Technical Advisor for Tower with over 20 years of industry experience as a mining engineer including an extensive background in project development and mine operations. He has been involved with several public companies at both management and board level and has managed large technical programs through concept, fe
Feb 20, 2018 07:02 am ET
Tower Resources Receives Approval to Amend Term of Warrants
Vancouver, B.C. / TheNewswire / Tower Resources Ltd. (“Tower” or the “Company”) announces that the TSX Venture Exchange (the "Exchange") has consented to an extension on the term of 15,000,000 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed on September 16, 2016.  The Warrants have an exercise price of $0.15 per common share and were set to expire on March 16, 2018.  The Company has received consent from the Exchange to extend the expiry date of the Warrants to September 16, 2018 in accordance with Exchange policies.
Feb 15, 2018 10:02 am ET
Tower Resources Applies for Amendments to Terms of Warrants
Vancouver, B.C. / TheNewswire / February 15, 2018 - Tower Resources Ltd. (“Tower” or the “Company”) announces that it has made application to the TSX Venture Exchange (the "Exchange") to extend the term of 15,000,000 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed on September 16, 2016.  The Warrants that are the subject of the application have an exercise price of $0.15 per common share and are set to expire on March 16, 2018.  Insiders of the Company hold 4.70% of these Warrants.  The Company has applied for consent t
Dec 08, 2016 10:12 am ET
IIROC Trading Resumption - TWR
VANCOUVER, Dec. 8, 2016 /CNW/ - Trading resumes in:
Dec 08, 2016 08:01 am ET
IIROC Trading Halt - TWR
VANCOUVER, Dec. 8, 2016 /CNW/ - The following issues have been halted by IIROC: