Tower Resources Reports Nechako Drill Results
Tower Resources Reports Nechako Drill Results
Vancouver, B.C. – August 23, 2018 ‐ Tower Resources Ltd. (“ Tower” or the “ Company”) (TSXV:
TWR; OTCQB: TWRFF) is pleased to provide an update at the Compa ny’s Nechako gold project in
British Columbia. The Nechako gold project is is located appro ximately 30 kilometres northeast
of New Gold’s Blackwater development project in the Nechako Pla teau Region of central British
Columbia. The project is road accessible and comprises 10 miner al tenures totaling 2,975
hectares. Exploration work at the project has identified a number of targets including epithermal
gold and silver minerlaization and also porphyry copper and gold mineralization.
The Company recently completed an initial diamond drill program at Nechako comprising 5 holes
for a total of 751 metres to fo llow up on strong gold in till a nomalies identified in the 2017 RC
program (Press Release May 15, 2018). Results from this program are highlighted in Table 1
below. The intense alteration encountered in Tower’s 2018 diamond dril ling program
demonstrates that the Nechako property continues to show potential for discovery of large scale
gold and copper mineralization. A second round of RC drilling and till sampling is planned fo r
Nechko prior to initiating a the next round of diamond drilling.
Table 1: Assay Results:
DDH From (m) To (m) Width* (m) Cu (%) Au (g/t)
NDH‐18‐004 72 82 10.0 0.22 0.12
and 156 170 14.0 0.15 0.11
Including 166 168 2.0 0.32 0.36
NDH‐18‐001 No Significant Assays
NDH‐18‐002 No Significant Assays
NDH‐18‐003 No Significant Assays
NDH‐18‐005 Drill Hole Did Not Reach Target
*Width refers to drill hole intercept and may not represent the true width of the mineralization.
NDH‐18‐004 was drilled further up‐ice (1300 metres) from the strongest gold in till anomaly seen
in RC drilling. This hole is characterized by strong to intense ly altered dacitic volcanic rocks with
up to 5% pyrite with trace associated basemetal sulphides (chalcopyrite, galena and sphalerite).
NDH‐18‐001, NDH‐18‐002 and NDH‐18‐003 drilled approximately 500 metres ‘up‐ice’ of the
strongest gold in till anomaly identified in RC drilling. These drill holes intersected relatively
unaltered sequences of dacitic flows and interbedded fine sedim entary horizons. No significant
mineralization was encountered in these drill holes.
NDH‐18‐005 was drilled approximately 100 metres from NDH‐17‐004 b u t f a i l e d t o p e n e t r a t e
strongly silicified and fractured rock encountered immediately below casing.
Methods and Qualified Person
Drill core samples (generally 2‐metre sample length) were prepared at Tower’s core logging
facility located on site at the Nechako project and shipped to Activation Laboratories Ltd. (Actlabs)
ISO 17025 accredited geochemistry lab in Kamloops, BC. Samples were analyzed for gold by fire
assay and ICP‐OES and for 37 further elements, including copper, using a four‐acid, near‐total
digestion. QA/QC samples including blanks, standards and duplic ate samples were 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 Darrell Hyde,
P.Geo., Exploration Manager for the Company and Qualified Perso n a s d e f i n e d b y N a t i o n a l
Instrument 43‐101.
About Tower Resources
Tower is a Canadian based mineral exploration company focused o n the discovery and
a d v a n c e m e n t o f e c o n o m i c m i n e r a l p r o j e c t s i n t h e A m e r i c a s . T h e Company’s key exploration
assets are the Rabbit North copper‐gold porphyry project locate d between the New Afton and
Highland Valley Copper mines, the Nechako gold project near New Gold’s Blackwater project and
the More Creek and Voigtberg gold projects in the Golden Triangle area of Northern British
Columbia.
On behalf of the Board of Directors,
Tower Resources Ltd.
Garett Macdonald, President, CEO & Director
(604) 558‐2565
www.towerresources.ca
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