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Tower Resources Ltd.
Summary
| Project: | Rabbit North | |
|---|---|---|
| Deposit: | Rabbit North | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 10/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-10-2017: Tower Resources Ltd. announces an Exploration/Drilling Update report for its Rabbit North deposit at the Rabbit North project. Drilling results incl. 255.79m @ 0.12% Cu, 0.24g/t Au from 42m. Vancouver B.C. - Tower Resources Ltd. ("Tower" or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paola Chadwick (Internal) | |
| ABSTRACT: | Vancouver B.C. - Tower Resources Ltd. ("Tower" or the "Company") reports further drill results from its flagship Rabbit North project, near Kamloops, British Columbia. Additional results from the 2017 diamond drill program returns long intervals of porphyry related copper and gold mineralization from the ChrysocollaZone, a one kilometre (km) step-out from previously released results from the Western Magnetite Zone. The road-accessible Rabbit North project comprises approximately 16,400 hectares in the infra-structure-rich, copper and gold porphyry belt of southern British Columbia. The producing New Afton copper and gold mine is approximately 14km east of the main Rabbit North targets and the Highland Valley Copper Mine operated by Teck Resources Ltd is located 28km to the west. President Mark Vanry states, “We are very encouraged that we have nowexpanded the known copper and gold mineralization over 1km south of the Western Magnetite Zone towards the Chrysocolla Zone. This is by far the largest step-out the company has drilled to date. Based on historic drilling and geophysics we also believe the Western Magnetite Zone is open over 1km to the north and also to the west. Tower plans to aggressively test these areas during the next phase of drilling at Rabbit.” Drill hole RN17-021 was collared as a >1km step-out to the southeast from RN17-015, which intersected 247m of 0.51% Cu and 0.34g/t Au (0.75% CuEq) (see Tower’s Press Release dated July 1, 2017). RN17-021 was an angled hole (Azimuth 190, -60 dip). | |
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