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Tower Resources Ltd
Symbol TWR
Shares Issued 155,797,767
Close 2024-10-10 C$ 0.085
Market Cap C$ 13,242,810
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Tower Resources begins drilling at Rabbit North

2024-10-11 11:00 ET - News Release

Mr. Joe Dhami reports

TOWER RESOURCES COMMENCES FALL DRILL PROGRAM

Tower Resources Ltd. has successfully embarked on a follow-up drilling program at the Rabbit North property, building on the results from hole RN24-051 (reported on Sept. 26, 2024) from the June drilling program. Hole RN24-051 was drilled roughly halfway along the previously untested 450-metre gap in between the Lightning and Thunder gold zones to test the continuity of gold mineralization. The successful intercept was the highest average gold grade obtained to date from the Lightning-Thunder trend -- 6.06 grams per tonne gold over 4.27 m, including 24 g/t Au over 0.7 m.

The fall drilling campaign is progressing smoothly, with core logging and samples dispatched for assay currently continuing.

Matthew Husslage, PGeo, who has been instrumental in overseeing more than 8,000 metres of drilling since 2021, continues refining the geological model and expanding the known mineralized zones. This methodical approach is crucial for advancing the understanding of the gold endowment and serves as a predictive aid for future exploration.

The current drilling strategy aims to explore the continuity of mineralization along the Thunder-Lightning gold trends while also expanding the existing boundaries of mineralization. By conducting stepout drilling along the central branch and extending toward the northeastern section, the program seeks to further delineate and extend the mineralization.

Methods and qualified person

The technical content of this news release has been reviewed and approved by Stuart Averill, PGeo, a director of the company, 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 copper-gold porphyry 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'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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