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TWR.V ·

Tower Resources Commences First Drill Program on Nechako Gold Project

Exploration Programs

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wing up on h

survey comple

ts, Tower has

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Nechako Gold

au Region

oximately 30

kwater contai n

60.8 million o

emed prosp e

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tionally, the J

ivity anomaly

major throug h

n t h e n e w l y

maly.

echnical cont

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ument 43-101

ut Tower Res

er Resources

ed on the di s

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mobilized a R

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of central

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ounces of silv

ective for B

opper and go

grain anomal

systematic ti l

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y underlying a

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identified ge

tent of this n e

on Manage r

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sources

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scovery and

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mences Firs

sources Ltd.

7 exploration

ntral BC.

raging result s

property in J u

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rity target are

mprises 10 m

British Col u

northeast of

and probabl e

ver (source: N

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y at least 3.5

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program dete

a previously u

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ophysical an

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for the Co m

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advancement

y exploratio n

WS RELEAS

st Drill Prog

(“Tower” o r

n program on

s from the g r

une 2017 and

ulation (RC)

eas on the pro

mineral tenures

umbia. The

New Gold I

e t ot a l m i ne ra

New Gold In c

pe epitherm a

ation.

kilometres lo

in late 2016

ected a 1000 m

untested and t

RC program h

omaly and t o

has been revi e

mpany and q u

ncouver base

t of econom i

n assets are R

TWR: T

SE

gram on Ne

r t h e “Compa

the 100% ow

round geoph y

d the signific a

rig to the pro

operty.

s totalling 2,9

road acces s

Inc.'s Black w

al reserve of

c. website). T

al gold and

ong by 2 kilom

(see press r

m by 500m c

till covered a

has been de s

o further del i

ewed and ap p

ualified pers o

ed junior mi n

ic mineral p r

Rabbit Nort h

TSX Ventur

echako Gold

any”) (TSX.

wned Nechak

ysical Induc e

ant 2016 gol d

operty to samp

975 hectares i

sible proper t

water develo p

8.2 million o

The Nechako

silver min e

metres wide w

release Janu a

coincident cha

area of the pro

signed to bot h

ineate the g o

proved by P a

on as define

neral explor a

rojects, prim a

h, Nechako G

re Exchang

d Project

V: TWR) h a

o Gold Proje

ed Polarizati o

d-in-till samp

ple till and te

in the Nechak

ty is locat e

pment proje c

ounces of go l

Gold propert

eralization a n

was defined o

ar y 1 8 , 2 0 17

argeability an

operty adjacen

h test bedro c

old-grain-in-ti

aola Chadwick

d by Nation

ation compa n

arily in Briti s

Gold and Mo r

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Tower Resources Ltd.

Mark Vanry - Director, CEO & President

(604) 558-2565

[email protected]

www.towerresources.ca

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada

accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Caution

This news release contains certain “forward-looking statements”, as defined in the United States Private

Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation. The

Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the

Company’s management on the date the statements are made and they involve a number of risks and

uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and

actual results and future events could differ materia lly from those anticipated in such statements. The

Company undertakes no obligation to update these forward-looking statements if management’s beliefs,

estimates or opinions, or other factors, should change, except as required by law. There are numerous risks

and uncertainties that could cause actual results and Tower's plans and objectives to differ materially from

those expressed in the forward-looking information. The reader is urged to refer to the Company's public

disclosure which is available through the Canadian Securities Administrators' System for Electronic

Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk

factors and their potential effects.