Mr. Joe Dhami reports

TOWER COMMENCES TILL GOLD-GRAIN SURVEY TO GUIDE ACCELERATED DIAMOND DRILLING CAMPAIGN AT RABBIT NORTH

Tower Resources Ltd. has commenced a 70-sample till gold-grain survey to guide the placement of diamond drill holes in the company's pending diamond drilling program on the Rabbit North property in the heart of the Kamloops porphyry copper mining district. Given the precision with which Tower's earlier till gold-grain surveys pinpointed the company's previous gold discoveries, the present survey is expected to extend the company's remarkable 50-per-cent drill hole hit rate of significant gold mineralization at Rabbit North.

Potential gold-grain sources in the Durand diorite

Tower's Lightning, Thunder, Thunder North and Blue Sky gold discoveries at Rabbit North all resulted from a large, reconnaissance-scale till gold-grain survey in May, 2021, and follow-up surveys in October, 2021, and September, 2022. These surveys detected and partially delineated two strong gold-grain dispersal trains -- Dominic Lake and Central -- trending in the 150-degree flow direction of the Cordilleran ice sheet when it melted and deposited the anomalous till approximately 10,000 years ago.

In 2021, the Dominic Lake train was interpreted to be approximately 400 metres wide. However, the two closest samples collected 300 and 500 metres east of the train in the initial reconnaissance survey were still strongly anomalous with 136 and 246 gold grains, respectively. Therefore, the actual width of the Dominic Lake train now appears to be approximately one kilometre rather than 400 metres, and the sources of the eastern 600 metres of the train remain to be discovered. The present survey is designed primarily to locate these sources using the same 100-by-200-metre infill sample spacing that proved so effective on Tower's earlier infill sampling programs.

The eastern gold-grain anomalies are situated on the Durand Stock diorite, which contains the eastern extension of the Blue Sky zone, as demonstrated by Tower's recent high-grade gold intersection in hole RN25-060 (6.02 metres of 23.63 grams per tonne gold; see July 10, 1995, press release) and possibly also by the intersection approximately 1.2 kilometres farther along strike to the northeast, in the middle of the stock, of 39.7 metres vertically of 1.75 grams per tonne gold in historical percussion hole No. 1990-05. The gold-grain anomalies are approximately one kilometre down-ice from this fertile shear trend. Another potential gold-grain source is the eastern extension of the Lightning shear trend, as demonstrated by the intersection of 10.0 metres of 12.51 grams per tonne gold in the stock in historical hole No. 1997-07, approximately 250 metres northeast of the Lightning zone.

Potential undiscovered gold-grain sources between Lightning and Blue Sky

Whereas the Central train was traced up-ice right to its source (the Thunder North zone), the Dominic Lake train was traced only 800 metres up-ice due to the arrival of winter conditions soon after the 2021 infill sampling was completed, leaving a significant gap between the train and the source(s) of its gold grains. The Lightning and Blue Sky gold zones, which are presently inferred to account for the western 150 metres and eastern 250 metres of the 400-metre-wide train, respectively, were found subsequently by diamond drilling approximately 200 metres and 600 metres up-ice from the sampled part of the train. Blue Sky is also only 300 metres up-ice from a strong, 609-grain gold anomaly that was identified in the initial reconnaissance till survey but not followed up because the anomaly is very close to the high-grade gold occurrence intersected in historical hole No. 97-07 and was tentatively ascribed to this zone.

As no infill till sampling has previously been performed in the 600-metre gap between the sampled portion of the Dominic Lake train and the Blue Sky zone, this gap will also be infilled in the present survey to determine whether any significant gold zones other than Lightning and Blue Sky are present in the underlying Nicola tuffs.

Next steps

The present till survey is being performed by Overburden Drilling Management Ltd., an experts in gold-grain tracing. Approximately 70 samples will be collected. Gold-grain processing is being expedited, with all results expected within three weeks.

If the currently planned diamond drilling program, which is expected to total a minimum of 3000 metres, commences before sufficient gold-grain results are available to guide the drilling and maintain Tower's enviable 50-per-cent hit rate at Rabbit North, the first few holes will be drilled close to the Blue Sky zone.

Qualified person

The technical content of this news release has been reviewed and approved by Stuart Averill, PGeo, a director of the company and a qualified person as defined by National Instrument 43-101.

About Tower Resources Ltd.

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 British Columbia, are the Rabbit North orogenic gold and porphyry copper-gold project, located between the New Afton copper-gold mine and the Highland Valley copper mine in the Kamloops mining district; the Nechako porphyry-associated gold-silver project near Artemis's Blackwater project; and the More Creek epithermal gold project on the critical red-line structural zone connecting the mineral deposits of the Golden Triangle.

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