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Tower Resources Ltd.
Summary
| Project: | Rabbit North | |
|---|---|---|
| Deposit: | Rabbit North | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-1-2017: Tower Resources Ltd. announces an Exploration/Drilling Update report for its Rabbit North deposit at the Rabbit North project. Drilling results incl. 40m @ 0.33% Cu, 0.19g/t Au from 94m. VANCOUVER B.C. – Tower Resources Ltd. (“Tower” or the “Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nils Peterson (Internal) | |
| ABSTRACT: | VANCOUVER B.C. – Tower Resources Ltd. (“Tower” or the “Company”) reports results from the remainder of its 2016 drill program on the flagship Rabbit North project, near Kamloops, British Columbia. During this 3397m drill program, drill hole RN-008 intersected 200 metres of 0.30% copper and 0.15 grams per tonne (g/t) gold, including a 72m interval of 0.47% copper and 0.20g/t gold (see Tower Press Release, December 8, 2016). Follow-up drill holes RN-010 and RN-011, reported here, demonstrate continuity of mineralization in the area of RN-008. The road-accessible Rabbit North property comprises approximately 16,400 hectares in the prolific copper porphyry belt of southern British Columbia. The producing New Afton copper and gold mine is approximately 14 kilometers east of the main Rabbit North targets; Rabbit North is also 28 kilometers east of the world-class Highland Valley Copper Mine operated by Teck Resources Ltd. President Mark Vanry states, “Drill holes RN-010 and RN-011 have demonstrated the continuity of mineralization near RN-008. Despite smaller grade intervals—due to the intersection of several interposed late dikes—copper and gold mineralization and grades show remarkable continuity.” | |
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