Tower Resources Releases Further Step-Out Drill Results from 2017 Diamond
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mid-O
ember 5, 20
ower Resou
Drill
couver B.C .
results fro m
tional result
orphyry rel a
netite Zone (
hlights from
0.19% Cu
0.35% Cu
0.54% Cu
1.71% Cu
road-accessib
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Rabbit No r
s located 28
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ng in the W
rial widths.
pany has no w
gold mineral
mencement o
October.”
017
urces Releas
ling at Rabb
@ 0.35% C
. - T o w e r R
m its flagshi p
s from the 2
ated copper
(WM Zone).
hole RN17-
u and 0.16g/t
u and 0.27g/t
u and 0.28g/t
u and 0.97g/t
ble Rabbit N
h c o p p e r an
Afton coppe
rth targets; H
kilometres t
Vanry states
WM Zone, w h
Hole RN-0
w defined a n
lization whic
of our Phase
NEW
ses Further
bit North, in
Copper and
Resources L t
p Rabbit N o
2017 diamon
and gold m
.
-018, includ
t Au (0.29%
t Au (0.54%
t Au (0.73%
t Au (2.38%
North project
nd gold po r
er and gold m
Highland Va
to the west.
, “we conti n
hich has ag a
18 is one o f
n area of a p
ch is open i
II 2017 pro
WS RELEAS
Step-Out D
ncluding 88
0.27 g/t Go
td. ("Tower "
orth project
nd drill prog
mineralizatio
de:
% copper equi
% copper equi
% copper equi
% copper equi
t comprises
rphyry belt
mine is app
alley Copp e
nue to be v e
ain intercepte
f the best hol
pproximately
in all directi
gram at Rab
TWR: T
SE
Drill Results
meters of 0
old at Rabbi
" o r t h e " Co
t, near Kam
gram continu
on from dr i
ivalent) over
ivalent) over
ivalent) over
ivalent) over
approximate
of souther n
roximately
er Mine ope r
ery encourag
ed strong C u
les drilled to
y 200 meter s
ions. We a r
bbit North, sc
TSX Ventur
s from 2017
0.54% CuEq
it North
ompany") r e
loops, Briti s
ue to return l
ill holes at
r 280.2m; in
r 88.3m; inc
r 27.6m; inc
r 3.9m
ely 16,400 h
n B r i t i s h Co
14 kilometre
rated by Te
ged by resu l
u-Au minera
o date on the
s x 200 me t
re looking f o
cheduled to
re Exchang
Diamond
q
eports furth e
sh Columbi a
long interva
the Weste r
ncluding
cluding
cluding
hectares in th
olumbia. T h
es east of t h
ck Resourc e
lts of step-o u
alization ove
e project. Th
ters of copp e
orward to t h
commence i
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a.
ls
rn
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ut
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Table 1: Length Weighted Drill Intercepts – this Press Release, 2017 Diamond Drill Program
HOLE ID From (m) To (m) Interval (m)* Cu (ppm) Cu (%) Au (g/t) CuEq (ppm)** CuEq (%)**
RN17‐016 186 239 53 1518 0.15 0.12 2315 0.23
including 186 206.5 20.5 2734 0.27 0.16 3848 0.38
RN‐17‐017 54 80 26 1502 0.15 0.06 1887 0.19
including 54 63 9 2244 0.22 0.12 3069 0.31
RN17‐018 39 319.2 280.2 1860 0.19 0.16 2926 0.29
including 111.3 115.2 3.9 17084 1.71 0.97 23788 2.38
including 158.3 246.6 88.3 3547 0.35 0.27 5428 0.54
including 185 246.6 61.6 4301 0.43 0.26 6090 0.61
including 219 246.6 27.6 5401 0.54 0.28 7326 0.73
*Width refers to drill hole intercept. True widths have not been determined.
**Copper Equivalent (CuEq) is used for illustrative purposes, t o express the combined value of copper and
gold as a percentage of copper. No allowances have been made fo r recovery losses that would occur in a
mining scenario. CuEq is calcula ted on the basis of $2.65 per p ound of copper and $1250 per troy ounce of
gold, using the formula:
CuEq = [(%Cu)(22.0462)($lbCu)+(gptAu)(1/31.1035)($ozAu)]/[(22.0462)($lbCu)
Drillhole RN17-018 was collared as a 110m step-out to the south east 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). RN17-018 was an angled hole (Azim uth 315, -60 dip);
RN17-15 was drilled as a vertical hole as shown in the plan map below.
Drill hole RN17-018 was drilled in the WM Zone, an area of copp er and gold porphyry
mineralization predominantly hosted in Nicola volcaniclastic ro cks on the western edge
of the Durand stock, a Late Triassic monzonite to diorite compo site intrusion. Significant
copper-porphyry mineralization at the WM Zone continues to be e xpanded by assay
results from the 2017 drill program, and remains open to the south, north and east.
Mineralization in RN17-018 starts at the top-of-bedrock and con sists of chalcopyrite and
pyrite occurring in veinlets and disseminations in mafic volcan ics and within
hydrothermal breccias. Alteration consists of strong, overprin ting, sodic, potassic and
inner propylitic assemblages in host Nicola Group volcaniclastic rocks.
Phase 1 of the 2017 drill program at Rabbit North is now comple te and Tower plans to
continue to aggressive explorati on on the property. Further dri lling is set to commence
once comprehensive geochemical and geological modelling on the Phase 1 2017 drill
data and further ground geophysical surveys can be executed and modelled.
Methods and Qualified Person
Drill core samples - generally 2 metres in length - were split at Tower's core logging
facility in Kamloops, BC. Samples were prepared for analysis and analyzed at Activation
Laboratories (ActLabs) in Kamloops, BC, an ISO/IEC 17025 Accred ited (Lab 790) by
the Standards Council of Canada. S amples were analyzed for gold by fire assay and ICP-
OES
total
proce
and d
appro
The t
Chad
by Na
Figure
Figure
and for 37 f
digestion.
edures but a
duplicate s a
oximately 1:
technical c o
dwick, P.Geo
ational Instru
e 1: 2017 Diamo
e 2: Chalcopyrit
further elem
Overlimit
t a higher d
amples wer e
10.
ontent of th i
o., Exploratio
ument 43-10
ond Drill Progra
te mineralization
ments, includ
(>1%) co p
detection ran
e i n s e r t e d re
is news rel e
on Manager
01.
am - Drillholes P
n in hydrotherma
ing copper,
per analys e
nge. QA/QC
egularly int o
ease has be e
r for the com
Plan Map Wester
al breccias in RN
by ICP-OES
es were re
samples inc
o t h e s a m p l
en reviewe d
mpany and qu
rn Magnetite Zo
N17-015
S using a fo u
epeated usi n
cluding blan
e sequence
d and appro v
ualified pers
one
ur-acid, near
ng the sa m
nks, standard
a t a r a t i o o
ved by Pao l
son as define
r-
me
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of
la
ed
About Tower Resources
Tower Resources Ltd. (TWR.V) is a Vancouver based junior minera l exploration
company focused on the discovery and advancement of economic mi neral projects,
primarily in British Columbia. The company’s key exploration as sets are Rabbit North,
Nechako Gold and More Creek.
Tower Resources Ltd.
Mark Vanry - Director, CEO & President
(604) 558-2565
www.towerresources.ca
Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibili ty 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 forwar d-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
materially from those anticipated in such st atements. The Company undertakes no obligation to
update these forward-looking statements if manageme nt’s beliefs, estimates or opinions, or other
factors, should change, except as required by la w. 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. Th e reader is urged to refer to the Company's
public disclosure which is available through the Canadian Securities Admi nistrators' 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.