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

Rhea-AI Summary

Tower Resources has initiated its spring 2025 diamond drill program at the Rabbit North property near Kamloops, B.C., focusing on the newly discovered Blue Sky zone and Thunder areas. The program will test both vertical and lateral continuity of significant gold intersections found in hole RN-24-055, which revealed: • A high-grade zone yielding 4.15 g/t Au over 31.5 meters at 200m depth • A thick interval of 0.75 g/t Au mineralization spanning 158m vertically • Multiple gold zones with potential for both open pit and underground development • Notable intersection of 2.92 g/t Au over 9.0 metres Four initial holes are planned, with potential for additional drilling based on results. The company is also preparing for a summer drilling program to expand on the spring campaign.

Positive

• Discovery of significant high-grade gold mineralization with 4.15 g/t Au over 31.5 meters
• Multiple gold zones identified suggesting potential for both open pit and underground development
• Strong gold grain anomalies in glacial till suggesting mineralization extends to surface
• Consistent gold mineralization between zones (~0.3 g/t Au) meeting typical open pit cut-off grades

Negative

• True widths of mineralization have not yet been determined
• Program delayed due to spring break-up affecting access

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 Zone

Four holes have been designed to test the vertical and lateral continuity of both the wide (31.5 metres along hole), high-grade (4.15 grams per tonne) Au zone intersected near the bottom of discovery hole No. RN-24-055 and the thick (158 m vertically), overlying interval of low-grade (0.75 g/t) Au mineralization (see January 8, 2025, press release).

The high-grade gold zone was intersected at a vertical depth of approximately 200 m but the glacial till down-ice from hole 055 is strongly anomalous in gold grains, suggesting that the gold zone extends to surface. Most of the proposed holes will be positioned to intersect the gold zone closer to surface and thus will be significantly shorter than hole 055, potentially allowing more than four holes to be drilled. Preparations for a summer drilling program are being planned to expand on this spring program.

Background on Hole 055 Au Results

The Blue Sky intersection in Hole 055 spans 31.5 m, from 255 to 286.5 m down hole, and averages 4.15 g/t Au (see Table 1). Seven other gold zones, all diorite hosted like Blue Sky, were intersected higher in the hole, and all but one of the intervals between zones are highly anomalous, suggesting potential for both open pit and underground development. The closest zone, only 15 m above and potentially connected to Blue Sky, returned 2.92 g/t over 9.0 metres.

The diorite immediately below the saprolite, 72.6 m down-hole, and in six of the seven intervals between gold zones, is highly anomalous, typically averaging ~0.3 g/t Au - a common cut-off grade in open pit gold mines.

							Mineralized Interval(s)			Average
Hole No.	Easting (m)	Northing (m)	Azimuth (°)	Dip (°)	Total Depth (m)	Mineralized Zone(s)	From (m)	To (m)	Length (m)	Au Grade (g/t)
RN24-055	663433	5607852	314.7	-60	332	Above Blue Sky	79.0	83.0	4.0	2.05
						Above Blue Sky	92.3	95.0	2.7	3.15
						Above Blue Sky	121.5	123.3	1.8	8.48
						Above Blue Sky	152.8	155.5	2.8	1.80
						Above Blue Sky	196.4	198.0	1.6	4.66
						Above Blue Sky	201.0	211.6	10.6	1.54
						Above Blue Sky	231.0	240.0	9.0	2.92
						Blue Sky	255.0	286.5	31.5	4.15
						Including	278.7	279.7	1.0	17.10

 

Table 1 - Significant gold intercepts of the shear-hosted type from Hole 55. Samples with Au grades greater than 15 g/t are shown individually. True widths have not been determined.

Qualified Person

The technical content of this news release has been reviewed and approved by Stuart Averill, P.Geo., a director of the Company and a Qualified Person as defined by National Instrument 43-101.

About Tower Resources

Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas. The Company's key exploration assets, all in B.C., are the Rabbit North orogenic gold and porphyry copper-gold project located between the New Afton copper-gold and Highland Valley copper mines in the Kamloops mining district, the Nechako porphyry-associated gold-silver project near Artemis' Blackwater project and the More Creek epithermal gold project on the critical "red line" structural zone connecting the mineral deposits of the Golden Triangle.

On behalf of the Board of Directors
Tower Resources Ltd.

Joe Dhami, President and CEO
(778) 996-4730
www.towerresources.ca

Reader Advisory

This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252069

FAQ

What gold grades did Tower Resources (TWRFF) discover at the Blue Sky zone?

Tower Resources discovered high-grade gold mineralization of 4.15 g/t Au over 31.5 meters at the Blue Sky zone, along with multiple other zones including 2.92 g/t Au over 9.0 metres.

How many drill holes is Tower Resources planning for the Spring 2025 program at Rabbit North?

Tower Resources initially planned four drill holes, with the possibility of additional holes depending on the program's efficiency due to shorter hole lengths than the discovery hole.

What is the depth of the high-grade gold zone discovered in hole RN-24-055?

The high-grade gold zone was intersected at approximately 200 meters vertical depth in hole RN-24-055.

Does the Blue Sky gold zone at Rabbit North have potential to extend to surface?

Yes, strong gold grain anomalies in the glacial till down-ice from hole 055 suggest that the gold zone extends to surface.

What are Tower Resources' plans for further exploration at Rabbit North in 2025?

Tower Resources is planning a summer drilling program to expand on the spring program, following the testing of both vertical and lateral continuity of the Blue Sky zone discoveries.