Tower Resources Ltd.

Recent News

Tower Commences Spring Drilling Program at Rabbit North Focusing on Blue Sky Discovery

Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has initiated the spring 2025 diamond drill program to test the high-grade Blue Sky, Thunder and Thunder North gold discoveries on the Company's Rabbit North property near Kamloops, B.C., The program was delayed through spring break-up to improve access to the newly discovered Blue Sky zone, which should greatly benefit our 2025 drilling campaigns.Blue Sky ZoneFour holes have been...

2025-05-14 7:30 AM EDT

Tower Contracts Diamond Drill to Fine-Tune the High-Grade Blue Sky, Thunder, and Thunder North Gold Discoveries in Preparation for a Larger, 3000-m Test of the Overall Rabbit North Gold System

Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has contracted a diamond drill to further test the high-grade Blue Sky, Thunder and Thunder North gold discoveries on the Company's Rabbit North property near Kamloops, British Columbia (see Fig. 1) in preparation for a major, ~3000-m drilling campaign to systematically assess the overall economic potential of the large, orogenic gold system controlling the mineralization.Blue Sky...

2025-03-13 7:30 AM EDT

Tower Encounters a New Style of Gold Mineralization with High-Grade Silver in Hole 058 at Rabbit North, Adding to the Exceptional Au Results from Holes 055 and 056

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report the remaining assay results from the four-hole October drilling program on the Company's Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). Hole RN24-058 intersected a new style of gold and high-grade silver mineralization between the Thunder and Lightning Zones, building on the exceptional gold intersections in Hole 055 on the new Blue...

2025-02-07 7:30 AM EST

Tower Resources Ltd. Announces Participation in the 2025 AME Roundup Conference

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") a Canadian-based mineral exploration company, is pleased to announce its participation in the prestigious 2025 AME Roundup Conference, a leading event for the global mineral exploration and mining industry. The conference will take place in Vancouver, British Columbia, from January 20 to January 25, 2025.Tower will host technical discussions and showcase its exploration projects at Booth #1020 on Wednesday, January 22, and...

2025-01-20 7:30 AM EST

Tower's Big, 250-m Step-Out in Hole 56 at Thunder North Pays Off with a Long, 15.8 m Intersection Averaging 5.80 g/t Gold, Building on Hole 55's 31.5 m of 4.15 g/t Au at Blue Sky

Vancouver, British Columbia--(Newsfile Corp. - January 8, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report complete gold assays from Hole RN24-056 on the Thunder North gold zone on the Company's Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). These assays extend the Thunder North discovery 250 m along strike to the east at double the gold grade of the 2023 discovery intersection.Hole 056 Au Results Hole 056 was the...

2025-01-08 7:30 AM EST

Blue Sky Discovery Delivers for Tower as Expected; Hole 55 Intersects 31.5 m of 4.15 g/t Au, Hits Seven Overlying Gold Zones Including 9.0 m of 2.92 g/t Au

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report complete gold assays from Blue Sky discovery hole RN24-055 on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). These assays confirm earlier indications from partial assays (see October 31 press release) that Blue Sky is Tower's most illuminating discovery to date, revealing both the scale and Au grade potential of the...

2024-12-23 7:30 AM EST

Tower Announces Closing of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - December 9, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has closed a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 (the "Offering"). Under the Offering, the Company issued 5,333,334 flow-through units (each a "FT Unit") at a price of $0.15 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company (each a "Common Share") that qualifies as...

2024-12-09 6:02 PM EST

Tower Announces Private Placement, Grant of Equity Incentives and Advertising Services Agreement

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it intends to complete a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 (the "Offering"). Under the Offering, the Company will issue up to 5,333,334 flow-through units (each a "FT Unit") at a price of $0.15 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company (each a...

2024-11-28 5:00 PM EST

Tower Reports Exceptional Exploration Success on Its October Drilling Program at Rabbit North, Discovers the Faulted Western Half of the Lightning Zone and a New, More Strongly Mineralized Gold Zone, "Blue Sky", 300 m to the North

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that its 4-hole October drilling program on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1) appears to have been the most successful to date, intersecting shear hosted, Lightning-type mineralization in every hole and discovering not only the faulted western half of the Lightning Zone but also a completely new and...

2024-10-31 7:30 AM EDT

Tower Resources Commences Fall Drill Program

Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") has successfully embarked on a follow-up drilling program at the Rabbit North property, building on the results from hole RN24-051(reported on 09/26/2024) from the June Drilling program. Hole RN24-051 was drilled roughly halfway along the previously untested 450m gap in between the Lightning and Thunder Gold zones to test the continuity of gold mineralization. The successful intercept was the highest average gold...

2024-10-11 7:30 AM EDT

Tower Receives Partial Assays for Rabbit North Drill Holes 50 to 54; Connects Lightning and Thunder Zones with High-Grade, 6.06 g/t Au Intersection over 4.27 m in Untested 450 m Gap between Zones

Vancouver, British Columbia--(Newsfile Corp. - September 26, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has received assays for two-thirds of the core samples from its initial 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1), and is readying a follow-up drilling program based on the positive Au results obtained.Assayed Drill HolesThe initial drilling campaign comprised five shallow (-50°) drill holes,...

2024-09-26 9:30 AM EDT

Tower Completes First Phase of 2024 Drilling Program at Rabbit North, Prepares for Larger Follow-Up Drilling Campaign in September

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has completed the first phase of its planned 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1) and is planning a larger Phase II follow-up campaign for mid-September.Phase I Drill Program The Phase I campaign comprised 1015 m in five drill holes, Nos. RN24-050 to 054.Holes 050...

2024-08-26 7:30 AM EDT

Tower Announces Closing of $408,000 Non-Brokered Flow-Through Private Placement

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has closed a flow-through non-brokered private placement for aggregate gross proceeds of $408,000 (the "Offering"). Under the Offering, the Company issued 3,400,000 flow-through units (each a "FT Unit") at a price of CDN$0.12 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...

2024-07-03 5:00 PM EDT

Tower Announces $408,000 Non-Brokered Flow-Through Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it intends to complete a flow-through non-brokered private placement for aggregate gross proceeds of $408,000 (the "Offering"). Under the Offering, the Company will issue up to 3,400,000 flow-through units (each a "FT Unit") at a price of CDN$0.12 per FT Unit for gross proceeds of up to $408,000. Each FT Unit is comprised of one (1) common share in the...

2024-06-27 8:30 AM EDT

Tower Initiates 2024 Drill Plan

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to announce the commencement of the 2024 drilling season at its Rabbit North property. The property is located in the Kamloops mining district and positioned between New Gold's New Afton underground copper-gold mine and Teck's Highland Valley open-pit copper-molybdenum mine. The first phase of drilling will target prime gold and porphyry copper-gold zones within the Lightning, Thunder, and Rainbow zones.Joe...

2024-06-12 8:30 AM EDT

Tower Prepares to Resume Drilling at Rabbit North, Focuses on Prime Au and Porphyry Cu-Au Targets

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has selected five prime targets for the initial phase of the 2024 drilling campaign on its Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). Target Areas The first four targets are gold-rich sections of the three long, mineralized shear zones recognized from Tower's earlier drill programs (see Fig. 2). The...

2024-05-23 8:30 AM EDT

Tower Announces Closing of Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 17, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has closed its non-brokered private placement, for aggregate gross proceeds of $300,000 (the "Offering"). Under the Offering, the Company issued 3,000,000 units (each a "Unit") at a price of $0.10 per Unit for gross proceeds of $300,000. Each Unit is comprised of one (1) common share in the capital of the Company (each a "Common Share") and one (1) non-transferable Common...

2024-05-17 4:05 PM EDT

Tower Announces Closing of Flow-Through Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it has closed the flow-through portion of its non-brokered private placement for aggregate gross proceeds of $200,000 by issuing 1,538,462 flow-through units (each a "FT Unit") at a price of $0.13 per FT Unit (the "Offering"). Each FT Unit is comprised of one (1) common share in the capital of the Company (each a "Common Share") that qualifies as a "flow-through...

2024-05-06 5:00 PM EDT

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.Orogenic Gold Model Tower's first discovery of gold mineralization of the...

2024-04-25 8:30 AM EDT

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").Under the Unit Offering, the Company will issue up to 3,000,000 units (each a "Unit") at a price of $0.10 per Unit for gross proceeds of up to $300,000. Each...

2024-04-24 8:30 AM EDT

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