Junior Miner Shares Rally on Drilling Report

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Thursday, October 31, 2024

A recent drill program at this firm’s British Columbia site has identified a completely new gold zone that significantly expands the property’s gold potential, and shares are moving higher.

Tower Resources Ltd. (TSXV: TWR) reported in a press release today that its 4-hole October drilling program on the Rabbit North property in the heart of the Kamloops mining district appears to have been the most successful to date. The drill has intersected shear-hosted Lightning-type mineralization in every hole and discovered not only the faulted western half of the Lightning Zone but also a completely new and more strongly mineralized gold zone - "Blue Sky" - that significantly expands the gold potential of the property.

The location of Rabbit North allows for year-round drilling. The next program is being planned and will be finalized once all assays from the present program have been received.

Tower is a Canadian-based mineral exploration company that focuses on the discovery and advancement of economic mineral projects in the Americas. Their key exploration assets, all in B.C., are the Rabbit North orogenic gold and porphyry copper-gold project located between the New Afton copper-gold and Highland Valley copper mines in the Kamloops mining district, the Nechako porphyry-associated gold-silver project near Artemis' Blackwater project and the More Creek epithermal gold project on the critical "red line" structural zone connecting the mineral deposits of the Golden Triangle.

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