Tower Receives Rush Assays Averaging 2.0 g/t Au and 7.2 g/t Ag from Upper 7.3 metres of New 10.5‐ metre‐wide Gold Zone in First Hole of 3000 m Diamond Drilling Campaign at Nechako Gold Property
Tower Receives Rush Assays Averaging 2.0 g/t Au and 7.2 g/t Ag from Upper 7.3 metres of New 10.5‐
metre‐wide Gold Zone in First Hole of 3000 m Diamond Drilling Campaign at Nechako Gold Property
Vancouver, B.C. – April 28, 2020 ‐ Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is
pleased to report that the first hole of the current 18‐hole, ~3000‐metre diamond drilling program on the
Company’s Nechako Gold property in south‐central B.C. (Fig. 1), No. APR‐18, intersected a completely new
gold zone over a core length of 10.5 metres. Seven samples spanning the first 7.3 m of this zone were
assayed on a “rush” basis and returned a weighted average of 2.0 g/t Au and 7.2 g/t Ag. Only limited
rush assays are possible at the present time due to the very high level of exploration activity in Canada.
Therefore assaying most of the core samples, including those from the lower part of the new gold zone,
will require approximately three weeks.
Hole APR‐18 was a “scout” hole drilled at the southeast corner of April Pond (Fig. 2), the first of six sites
that are being tested with shallow holes (average 150 m at ‐45°) prior to returning to last year’s Discovery
Zone (7.1 m grading 2.75 g/t Au, 40.2 g/t Ag, 0.30% Zn and 0.28% Pb); see Tower’s May 06, 2020 press
release) and drilling it off systematically at 50 m intervals. The objective of each scout hole is listed in
Table 1. The rationale for drilling these holes first is to ensure that the available metres are allocated to
the best targets, as the 17 earlier holes drilled in 2019 and 2020 demonstrated that multiple gold zones
are present within a 500 x 1000 m area surrounding April Pond. The initial results obtained from Hole 18
clearly validate this reasoning.
Site No. Location Objective
1 SE end of April Pond Test contact zones of a very pyritic porphyry intersected in vertical RC hole No.
92
2 Between DDHs 15 and 17 Test indications that the Au‐Ag zone in DDH‐15 is oriented parallel to the drill
hole
3 Near DDH 06 Test conglomerate‐hosted mineralization at bottom of Hole 06 (10 m @ 0.8 g/t
Au)
4 At April Showing Establish setting of showing and test potential below historical 40 m drilled
depth
5 Near DDHs 07, 08, 16 Test indications that the Au‐Ag zone in DDH‐07 is oriented parallel to the drill
hole
6 Line 4+00 West Test strong bullseye IP anomaly on basalt/tuff‐breccia contact
Table 1 – Locations and objectives of the six scout holes. Approximately eighteen holes are planned.
The new mineralized zone in Hole 18 is 350 m across strike from the Discovery Zone. It occurs at a
shallow depth of just 100 m and, based on the high Au‐Ag‐As content of the overlying glacial till,
probably extends to surface. Ironically, it lies directly beneath a clearing that Placer Dome used as a
campsite in 1992 while drilling the porphyry Cu mineralization of the historical C‐Zone (Fig. 2).
The gold mineralization of the new zone occurs in strongly altered, sulphidized, brecciated (Fig. 3) and
stockwork‐veined (Fig. 4) siltstone proximal to a strongly pyritized biotite‐feldspar porphyry body that
was intersected in the final reverse circulation (RC) drill hole, No. 92, of Tower’s 2017‐2020 till sampling
programs. The main sulphide minerals are pyrite and pyrrhotite with 0.5 to 2% arsenopyrite, the principal
gold associate at Nechako. Only minor sphalerite, the principal silver associate, is present. Therefore, the
Ag concentration (7.2 g/t; Table 2) is not as high as in the more sphalerite‐rich Discovery Zone.
The Au concentration in the seven analyzed samples is very consistent, ranging from 1.14 to 5.91 g/t
(Table 2), and the average 2.0 g/t grade of the 7.3 m section is not unduly influenced by any one sample.
That is, the entire section is significantly mineralized; there is no detrimental nugget effect and no need
to “cut’’ any gold assays.
Interval (metres)
Sample No. From To Length g/t Au g/t Ag
725274 153.2 154.6 1.4 1.14 12.0
725275 154.6 155.4 0.8 1.32 9.9
725276 155.4 155.9 0.5 2.27 15.9
725277 155.9 156.7 0.8 5.91 7.1
725278 156.7 157.1 0.4 3.85 4.2
725279 157.1 159.0 1.9 1.17 3.9
725280 159.0 160.5 1.5 1.49 3.6
Weighted average grades 2.0 7.2
Table 2 ‐ Au and Ag analyses for the first 7.3 m of the new 10.5 m wide gold zone in Hole APR‐18.
Stu Averill, P.Geo., a Company Director, commented: “Having learned the mineralizing controls at
Nechako step‐by‐step from our previous drilling programs, we are now hitting mineralization more
predictably and thus more frequently and at an increasingly larger scale. Our new discovery in Hole 18 is
both an example of this progress and a portent of the possibilities that lie ahead.”
Methods and Qualified Person
The drill holes are being logged by Mr. Dane Bridge, MSc., P.Geo., a seasoned mineral exploration
geologist with extensive experience on the Nechako Gold property.
Split samples of the DD core, generally 1‐2 m in length, are prepared at Tower's core logging facility at
Tatelkuz Ranch near the Nechako property. Each sample is then prepared for analysis and analyzed at
Activation Laboratories (ActLabs) in Kamloops, BC, a laboratory certified as ISO/IEC 17025 Accredited (Lab
790) by the Standards Council of Canada. The samples are analyzed for gold by fire assay and ICP‐OES and
for 37 further elements, including Ag, As, Zn, Pb and Cu, by ICP‐OES using a four‐acid, near‐total
digestion. Over‐limit (>5 g/t Au, >100 g/t Ag, >1% As, Zn or Cu, >0.5% Pb) analyses are repeated using the
same procedures but at a higher detection range. QA/QC samples including blanks and standards are
inserted regularly into the sample sequence at a ratio of approximately 1:15.
The technical content of this news release has been reviewed and approved by Mr. Stuart Averill,
Chairman of ODM, a Director of the Company and a Qualified Person as defined by National Instrument
43‐101.
Figure 1 – Location of the Nechako Gold property
Figure 2 – Proposed sites and geological targets of the first ten drill holes of the planned eighteen‐hole
drill program. The first six sites are scout holes to guide the placement of some of the
remaining holes. Sites 7 to 10 are designed to extend the Discovery Zone along strike and to
depth.
Figure 3 – Strongly sericitized, sulphidized and brecciated section from Hole APR‐18 grading 5.91 g/t
Au and 7.1 g/t Ag over 0.8 metres
Figure 4 – Strongly silicified, sericitized and stockwork‐veined section from Hole APR‐18 grading 2.27
g/t Au and 15.9 g/t Ag over 0.5 metres.
About Tower Resources
Tower is a Canadian based mineral exploration company focused on the discovery and advancement of
economic mineral projects in the Americas. The Company’s key exploration assets, both in B.C., are the
Nechako gold‐silver project near Artemis’ Blackwater project and the Rabbit North copper‐gold porphyry
project located between the New Afton and Highland Valley Copper mines.
On behalf of the Board of Directors
Tower Resources Ltd.
Joe Dhami, President and CEO
(778) 996‐4730
www.towerresources.ca
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