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Tower Resources Ltd.
Summary
| Project: | Nechako | |
|---|---|---|
| Deposit: | April Trend | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 9/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-9-2019: Tower Resources Ltd. announces an Exploration/Drilling Update report for its April Trend deposit at the Nechako project. Drilling results incl. 0.2m @ 2.93g/t Au, 34.3g/t Ag, 5.45% Zn, 0.60% Pb. Vancouver, B.C. – September 20, 2019 ‐ Tower Reso | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stuart Averill (Internal) | |
| ABSTRACT: | Vancouver, B.C. – September 20, 2019 ‐ Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) Tower Resources is pleased to report that the first phase of the planned two‐phase diamond drilling (DD) program targeting the April Trend on the Company’s Nechako property successfully intersected significant Au‐Ag‐Zn‐Pb mineralization at the head of the large, 3 km long x 1.5 km wide Au‐Ag‐Zn‐Pb glacial dispersal train that was previously identified in the till cover by reverse circulation (RC) drilling. In this initial diamond drill test, six holes totaling 631 m were drilled on two sections near the northwestern end of the southeast striking April Trend. The objective was to drill toward the southeast from an unaltered and unmineralized basalt horizon that was intersected beneath the till in the final RC drilling campaign (See June 18, 2019 press release) across a pervasively biotite‐altered and sulphidized tuff‐sediment horizon that was intersected in six of the RC holes. It was thought that the 100 to 200 m spacing of the RC drill holes was sufficiently close to ensure intersection of the targeted tuff‐sediment horizon. However, the diamond drill holes on both cross sections inadvertently encountered northeast trending cross faults that were problematic because: (a) the fault breccia impeded drilling to the extent that it was necessary to abandon two of the six holes, Nos. 01 and 02; and (b) the displacement of the basalt-sediment contact on both faults is so great that only the undesirable basalt was intersected. | |
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