Mr. Joe Dhami reports

TOWER COMPLETES FIRST PHASE OF 2024 DRILLING PROGRAM AT RABBIT NORTH, PREPARES FOR LARGER FOLLOW-UP DRILLING CAMPAIGN IN SEPTEMBER

Tower Resources Ltd. has completed the first phase of its planned 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district and is planning a larger phase II follow-up campaign for mid-September.

Phase I drill program

The phase I campaign comprised 1,015 metres (m) in five drill holes, Nos. RN24-050 to 054.

Holes 050 and 052 tested for a possible northwestern extension of the favourable magmatic-hydrothermal breccia body that hosts last year's Rainbow porphyry copper-gold-molybdenum (Cu-Au-Mo) discovery (72.0 metres (m) grading 0.27 per cent Cu, 0.40 gram per tonne (g/t) Au and 0.01 per cent Mo in hole RN23-042).

Holes 051, 053 and 054 tested three of the four shear-hosted Au targets that are the main focus of the 2024 drilling program (see press release of May 23, 2024).

Hole 051 targeted the southern shear trend between the Thunder and Lightning zones. It was designed to cross the east-northeast-trending shear zone approximately 150 metres (m) east of last year's Thunder discovery hole RN23-041, which encountered two strongly mineralized intervals 10 m apart averaging 3.28 g/t Au over 13.25 m and 2.19 g/t Au over 10.12 m and 300 m west of the Lightning zone which has been intersected in six holes over core lengths of 26.5 to 138.0 m at an average grade of approximately 1.5 g/t Au.

Hole 052 targeted the central shear trend approximately 200 m northeast of the Lightning zone as a potential source for the eastern part of the Dominic Lake gold grain dispersal train (see press release of April 25, 2024). Hole 053 targeted the same shear trend approximately 60 m west along strike from last year's Thunder North discovery hole RN23-039, which intersected 25.7 m at 2.04 g/t Au.

The core from Holes 050 to 052 has been cut and submitted for analysis; the remaining core will be submitted as a separate batch.

Next steps

Based in part on Lightning-type shearing and alteration observed in the drill core, a larger follow-up drilling campaign of up to 10 holes is planned for mid-September.

Methods and qualified person

The drill core is being logged at Tower's leased, fully equipped core facility near Kamloops by Matthew Husslage, PGeo, and Sean Jubinville, GIT. Mr. Husslage has managed or co-managed all of Tower's Rabbit North diamond drilling programs since the discovery of the Lightning zone in December, 2021.

Split samples of the core, generally 1.0 or 1.5 m in length, are being delivered directly to Activation Laboratories (ActLabs) in Kamloops, B.C., a laboratory certified as ISO/IEC 17025 Accredited (Lab 790) by the Standards Council of Canada. QA/QC (quality assurance/quality control) samples, including blanks and standards, are inserted regularly into the sample sequence at a ratio of approximately 1:20.

The samples are being analyzed for Au by fire assay and ICP-OES (inductively coupled plasma optical emission spectroscopy) and for Ag and 36 additional elements by ICP-OES using a four-acid, near-total digestion. Any over-limit Au analyses are repeated using the same fire assay procedure but with a gravimetric rather than ICP finish.

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.

We seek Safe Harbor.