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Tower Resources Ltd.
Summary
| Project: | Nechako | |
|---|---|---|
| Deposit: | Nechako | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Silver-Gold | |
| Date: | 5/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-5-2020: Tower Resources Ltd. announces an Exploration/Drilling Update report for its Nechako deposit at the Nechako project. Drilling results incl. 1.5m @ 9.43g/t Au, 37.1g/t Ag, 0.35% As, 0.26% Zn, 0.12% Pb from 51.8m. Vancouver, B.C. – May 6, 2020 ‐ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stuart Averill (Internal) | |
| ABSTRACT: | Vancouver, B.C. – May 6, 2020 ‐ Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is pleased to report partial results from its recent Reverse Circulation (RC) and Diamond Drilling (DD) program on the April Trend on the Company’s Nechako, BC property (Fig. 1), including a 7.1 m core intercept grading 2.75 g/t Au, 40.2 g/t (1.2 oz/ton) Ag, 0.30% Zn and 0.28% Pb in Hole APR20‐10, the last hole of the short, 4‐hole, 393.1 m DD program. The April Trend is located at the head of a large (1.5 km wide x >3 km long), strong, Au‐Ag‐Zn‐Pb‐As glacial dispersal train in till (Fig. 2). Only seven other gold dispersal trains of this stature are known in Western Canada, of which six are associated with active gold mines and the seventh with the 8‐million‐ ounce Blackwater gold deposit 30 km southwest of the Nechako property (Fig. 3). The Nechako dispersal train contains the same suite of elements – Au, Ag, Zn, Pb and As – as the Eskay Creek Deposit in northern BC, the highest‐grade Au‐Ag deposit of its size ever mined in Canada (2.2 million tones @ 45 g/t gold and 2,224 g/t silver). | |
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