Tower Resources’ Drilling Verifies Eskay Creek Deposit Model for the Au‐Ag‐As‐Zn‐Pb Mineralization on the April Trend at Nechako
Tower Resources’ Drilling Verifies Eskay Creek Deposit Model for the Au‐Ag‐As‐Zn‐Pb Mineralization
on the April Trend at Nechako
Vancouver, B.C. – February 13, 2020 ‐ Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is
pleased to report that detailed logging of the core from diamond drill hole No. 06 on the Company’s
Nechako property has confirmed that this hole intersected mineralized volcanogenic horizons of the same
type that host the uniquely high‐grade Au‐Ag mineralization at the Eskay Creek deposit.
Joe Dhami, President and CEO, commented: “Confirmation of the Eskay Creek mineral deposit model for
the April Trend at Nechako gives us further incentive to thoroughly explore this mineralized trend.”
At Nechako, Tower is testing the recently discovered April Trend at the head of a large, 1.5 km wide x 3
km long sulphide mineral dispersal train in glacial till (see February 14, 2019 press release). The
applicability of the Eskay Creek model to the April Trend was suspected prior to drilling because both the
mineral dispersal train and the historical April Showing, a large sulphide breccia vein (Fig. 1) at the
northwest end of the trend, are enriched in the same five metals – Au, Ag, As, Zn and Pb – as the Eskay
Creek deposit and in roughly the same ratios. Also, in each occurrence, the gold and silver are hidden
within the sulphide minerals rather than occurring as visible particles.
Hole 06 was the last hole of an initial diamond drill test of the April Trend in August, 2019. While Holes
01 to 05 intersected an unexpected fault block of unprospective basalt (see September 20, 2019, press
release), Hole 06 provided direct physical confirmation of the Eskay Creek model by intersecting:
a) an 8.6‐m‐thick zone of carbonaceous (graphitic) mudstone, a significant ore host at Eskay Creek;
b) and, at the end of the hole, 9.4 m of an unusual volcaniclastic conglomerate that contains
transported centimetric fragments of both graphitic mudstone and volcanogenic sulphides,
including massive sphalerite (Zn‐sulphide), and closely resembles the main ore host at Eskay
Creek.
The previously reported zone of narrow stockwork sulphide veinlets, including a 0.2 m wide vein that
contained 2.93 g/t Au, 34.3 g/t Ag, 5.45% Zn and 0.60% Pb, occurs between the mudstone and
conglomerate.
Stu Averill, P.Geo., a Director of the Company, added: “The discovery of graphitic mudstone and sulphide‐
carrying volcaniclastic conglomerate horizons in Hole 06 is key as we can now use the mineral content of
these marker horizons to vector toward the volcanic vents from which the sulphide mineral bands in
carbonaceous mudstone and sulphide fragments in volcaniclastic conglomerate are normally derived.”
Tower plans to conduct a second drilling program using this knowledge. A dual‐purpose drill rig capable
of both reverse circulation (“RC”) and diamond core drilling will be employed. The RC method will be used
on approximately 15 vertical holes to rapidly map out the mudstone and sulphide‐bearing conglomerate
horizons beneath the thick till cover. The till will also be sampled but only visibly sulphide‐rich samples
will be analyzed. The drill rig will then switch to the diamond drilling mode and drill approximately five
angle holes at the visually most prospective sites identified by the RC drilling.
National Instrument 43‐101 Disclosure
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.
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 are the Rabbit North
copper‐gold porphyry project located between the New Afton and Highland Valley Copper mines, the
Nechako gold project near New Gold’s Blackwater project and the More Creek gold project in the Golden
Triangle area of Northern British Columbia.
On behalf of the Board of Directors
Tower Resources Ltd.
Joe Dhami, President and CEO
(604) 558‐2565
www.towerresources.ca
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Figure 1 ‐ Photograph of a polished section of an 8 cm wide, sulphide‐rich, Au and Ag‐bearing sample
from the April Showing with subequal proportions of sphalerite, pyrite and arsenopyrite.