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Tower Resources Ltd.
Summary
| Project: | Rabbit North | |
|---|---|---|
| Deposit: | Rabbit North | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 9/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-9-2018: Tower Resources Ltd. announces an Exploration/Drilling Update report for its Rabbit North deposit at the Rabbit North project. Drilling results incl. 288m @ 0.18% Cu, 0.12g/t Au from 63m. Vancouver, B.C. – September 27th, 2018 - Tower Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darrell Hyde (Internal) | |
| ABSTRACT: | Vancouver, B.C. – September 27th, 2018 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR; OTCQB: TWRFF) is pleased to provide an exploration update, including assay results from two diamond drill holes (Table 1), of work completed this summer at the Company’s flagship Rabbit North copper-gold project, near Kamloops, British Columbia. Exploration at Rabbit continues to return wide intervals of porphyry related copper and gold mineralization in several holes at the Western Magnetite Zone, including drill hole RN17-15 which intersected 247 metres @ 0.74% CuEq, including 27 metres grading 1.40% CuEq (see press release dated July 11th, 2017) and RN16-008 which intersected 200 metres grading 0.40% CuEq including 72 metres grading 0.61% CuEq (see press release dated December 8th, 2016). “Tower has completed a detailed review of the Rabbit North project including surface mapping, core re-logging, geophysical re-interpretation and 760 m of diamond drilling in two holes in the Western Magnetite Zone”, adds President & CEO Garett Macdonald. “We are very encouraged by the results and this work has given us a greater understanding of the controls on the mineralization as well as the exploration potential for the project. This summer’s work suggests we are looking at multiple zones of structurally controlled alkalic porphyry related mineralization connected to a deep IP anomaly which can carry high grades of copper and gold, similar to the nearby New Afton underground mine. Tower’s next phases of exploration will include deep pentrating geophysical surveys over the Western Magnetite, Chrysocolla, Dominic and Buff mineralized zones (see figures 3 and 4 ) to provide detailed interpretation of each area prior to commencing diamond drilling”. | |
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