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
Rhea-AI Summary
Tower Resources (TSXV: TWR) has contracted a diamond drill to further explore three high-grade gold discoveries - Blue Sky, Thunder, and Thunder North - at its Rabbit North property near Kamloops, British Columbia. This drilling program precedes a planned larger 3000-m campaign to assess the economic potential of the orogenic gold system.
The program includes:
- Blue Sky Zone: Four holes planned to test continuity of both a high-grade zone (31.5m at 4.15 g/t Au) and a low-grade interval (158m at 0.75 g/t Au) from hole RN-24-055
- Thunder North Zone: Two holes stepping east at 50m intervals from Hole 056, which previously yielded 15.85m of 5.80 g/t Au
- Thunder Zone: One or two holes planned east of discovery Hole 041, which previously intersected 13.3m of 3.28 g/t Au and 10.1m of 2.16 g/t Au
Positive
- Multiple high-grade gold intersections across three zones: Blue Sky (4.15 g/t Au), Thunder North (5.80 g/t Au), and Thunder (3.28 g/t Au)
- Gold mineralization potentially extends to surface at Blue Sky Zone, indicated by anomalous gold grains in glacial till
- Additional Cu-Au-Mo mineralization (Rainbow) discovered in the Thunder Zone
Negative
- No follow-up drilling conducted at Thunder Zone since February 2023 discovery
- Economic viability of the gold system still needs to be systematically assessed
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 Zone
Four holes are currently planned for Blue Sky to test the vertical and lateral continuity of both the wide (31.5 m down-hole), high-grade (4.15 g/t) Au zone intersected near the bottom of discovery hole No. RN-24-055 (see Fig. 1) 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 ~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.
Thunder North Zone
Two holes stepping east from Hole 056 at 50 m intervals are currently planned at Thunder North to test the lateral continuity of the exceptional gold intersection obtained from that hole (15.85 m of 5.80 g/t Au; see Fig. 1). These holes will be similar in length to Hole 056.
Thunder Zone
Although the Thunder Zone was discovered in February 2023 and the discovery hole, No. 041, obtained two strong, closely spaced (10 m apart) intersections of 3.28 g/t Au over 13.3 m and 2.16 g/t Au over 10/1 m (see Fig. 1), no follow-up holes were drilled because Hole 041 also intersected a zone of porphyry Cu-Au-Mo mineralization (Rainbow) that initially appeared to be more important than the gold zone. One or two holes stepping east from Hole 041 at 50 m intervals are currently planned to test the eastern continuity of Thunder.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5023/244413_979a297b34441aae_002full.jpg
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/244413
FAQ
What gold grades did Tower Resources (TWRFF) discover at the Blue Sky Zone?
How many meters is Tower Resources (TWRFF) planning to drill at Rabbit North?
What were the drilling results from Thunder North Zone for TWRFF?
What gold grades did Tower Resources (TWRFF) discover at the Thunder Zone in February 2023?
