Tower’s Initial Gold Results from the 11-Hole Rabbit North Drilling Program Greatly Expand the Near- Surface Open Pit Resource Potential of the Blue Sky Zone and Extend the High-Grade Thunder North Zone 100 m Eastward Toward Blue Sky at Similarly Shallow Depths
Tower’s Initial Gold Results from the 11-Hole Rabbit North Drilling Program Greatly Expand the Near-
Surface Open Pit Resource Potential of the Blue Sky Zone and Extend the High-Grade Thunder North
Zone 100 m Eastward Toward Blue Sky at Similarly Shallow Depths
Vancouver, B.C. – February 19, 2025 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) is
pleased to report that it has received assays for six of the eleven holes drilled in late 2025 on its Rabbit
North property in the heart of the Kamloops porphyry Cu mining district (see Fig. 1).
Five of the six holes ‒ Nos. RN25-063 to 067 ‒ targeted the Blue Sky gold trend and one ‒ No. 069 ‒
stepped eastward 100 m from the Thunder North zone toward Blue Sky with the goal of further closing
the 500-m gap between these zones which is almost completely covered by 30 to 40 m of young Chilcotin
basalt lava flows and thin, underlying alluvial gravels.
Figure 1 – Geology of the central part of the Rabbit North property showing the major shear structures
controlling Tower's gold discoveries. These shear zones are roughly coincident with more
recent graben fault valleys that have been infilled by Chilcotin basalt flows.
Highlights
While every hole returned multiple Au intersections greater than 1 g/t (See Table 1), Blue Sky’s No. 064
and Thunder North’s No. 069 yielded highlight intersections that vividly illustrate the pervasiveness,
strength and near-surface economic potential of the Rabbit North orogenic gold system.
Hole 064 at Blue Sky intersected 172.74 m of shallow, diorite-hosted mineralization averaging 0.65 g/t
Au (see Table 1) in the Durand Stock beginning immediately below 40 m of cover rocks (see Fig. 2). This
intersection, together with other long intersections of a similar grade in Hole 065 (80.0 m of 0.64 g/t
Au; see Table 1) and the section of discovery Hole 055 above the Blue Sky zone (198.75 m of 0.69 g/t
Au; see December 23, 2024 press release), outlines a near-surface, open-pit-friendly resource footprint
near the diorite-volcanic contact measuring approximately 120 x 140 metres horizontally. Similar
mineralization breaches the bedrock surface, and thus is reflected by highly anomalous gold grain
counts in the overlying glacial till (see November 3, 2025 press release), ~200 m to the northeast where
Hole 067 intersected 22.0 m of 1.05 g/t Au beginning just 17 m down-hole.
Hole 069 at Thunder North intersected three shallow (starting just 30 m below surface), wide (18.0,
10.15 and 5.15m), closely spaced (within a 97 m core span), bands of typical Thunder North-style
mineralization averaging 2.04, 2.42 and 2.13 g/t, respectively (see Table 1 and Fig. 3). Importantly, the
positions of these intersections indicate either bending or faulting of the Thunder North zone
northward under the cover rocks, directly in line with and only 400 m from Blue Sky. Hence, step-out
drilling to the northeast through the cover rocks can reasonably be expected to establish continuity
between the two gold zones.
Joe Dhami, Tower’s CEO and President, commented: “Our drilling is process driven and analytically
focused to model and de-risk an economic, near-surface gold resource with a predictable strike and dip
within our 2-km-long mineralized trend.”
Total
Depth
(m)
Mineralized Interval(s)
Average
Au Grade
(g/t) Hole No.
Easting
(m)
Northing
(m)
Azimuth
(°)
Dip
(°) Mineralized Zone(s)
From
(m)
To
(m)
Length
(m)
RN-25-063 663255 5607859 040.0 -61.8 333.00 Blue Sky Trend 121.10 127.00 5.90 1.12
Blue Sky Trend 172.40 173.30 0.90 1.17
Blue Sky Trend 179.50 184.12 4.62 1.17
Blue Sky Trend 272.80 276.00 3.20 1.05
RN-25-064 663371 5607824 020.0 -45.0 252.00 Blue Sky Trend 56.70 229.44 172.74 0.65
Including 97.80 100.75 2.95 0.94
and 109.50 115.15 5.65 1.49
and 129.50 130.00 0.50 3.40
and 139.60 140.10 0.50 1.91
and 147.00 154.65 7.65 1.06
and 162.00 171.00 9.00 1.39
and 179.47 182.00 2.53 1.39
and 187.20 206.03 18.83 1.21
which includes 187.20 193.60 6.40 2.52
which further
includes 191.45 192.00 0.55 15.40
Total
Depth
(m)
Mineralized Interval(s)
Average
Au Grade
(g/t) Hole No.
Easting
(m)
Northing
(m)
Azimuth
(°)
Dip
(°) Mineralized Zone(s)
From
(m)
To
(m)
Length
(m)
and 218.00 220.30 2.30 2.11
and 223.90 279.44 5.44 3.24
which includes 223.90 224.50 0.60 17.50
RN-25-065 663487 5607824 314.5 -58.0 454.00 Blue Sky Trend 48.00 51.00 3.00 1.06
Blue Sky Trend 63.00 65.00 2.00 1.41
Blue Sky Trend 99.50 101.10 1.60 1.98
Blue Sky Trend 122.65 202.65 80.00 0.64
Including 122.65 124.00 1.35 2.38
Including 129.35 132,00 2.65 0.96
Including 139.80 145.00 5.20 0.78
Including 157.00 160.00 3.00 2.11
Including 163.70 166.55 2.35 2.18
Including 169.00 170.00 1.00 1.08
Including 171.30 172.00 0.70 2.11
Including 178.15 183.00 4.85 1.44
Including 196.00 202.65 6.65 1.09
Blue Sky Trend 207.25 207.85 0.60 1.77
Blue Sky Trend 229.45 233.00 3.55 3.22
Blue Sky Trend 252.00 253.00 1.00 1.32
Blue Sky Trend 256.65 258.20 1.55 2.23
Blue Sky Trend 296.00 297.00 1.00 1.21
Blue Sky Trend 304.35 311.00 6.65 1.38
Blue Sky Trend 323.70 324.20 0.50 16.90
Blue Sky Trend 333.45 335.00 1.55 1.52
Blue Sky Trend 382.15 384.00 1.85 1.76
Blue Sky Trend 441.80 442.30 0.50 2.78
RN-25-066 663307 5608062 135.4 -70.0 231.00 Blue Sky Trend 45.00 46.00 1.00 1.22
Blue Sky Trend 51.00 51.50 0.50 2.49
Blue Sky Trend 91.85 93.30 1.45 4.51
Blue Sky Trend 118.00 119.00 1.00 3.00
RN-25-067 663364 5608127 135.0 -45.0 324.00 Blue Sky Trend 16.80 39.00 22.20 1.05
Blue Sky Trend 104.50 108.70 4.20 2.32
Blue Sky Trend 192.20 193.50 1.30 4.89
Blue Sky Trend 259.35 262.50 3.15 1.66
Blue Sky Trend 274.60 275.30 0.70 1.66
RN-25-068 663365 5608126 165.0 -45.0 252.00 Assays pending
RN-25-069 663080 5607621 142.9 -50.1 300.00 Thunder North 43.00 63.00 20.00 1.93
Including 45.00 63.00 18.00 2.04
Thunder North 96.50 110.15 13.65 1.92
Including 100.00 110.15 10.15 2.42
Thunder North 134.10 140.00 5.90 1.95
Including 134.85 140.00 5.15 2.13
Total
Depth
(m)
Mineralized Interval(s)
Average
Au Grade
(g/t) Hole No.
Easting
(m)
Northing
(m)
Azimuth
(°)
Dip
(°) Mineralized Zone(s)
From
(m)
To
(m)
Length
(m)
Lightning (?) 171.50 177.05 5.55 1.08
Lightning (?) 211.20 223.75 12.55 0.74
Table 1 – Significant gold intercepts of the shear-hosted orogenic type from Rabbit North Holes 063 to
067 and 069. Intercepts of older porphyry Cu-Au mineralization are excluded. The minimum
zone threshold is 1 g/t Au over 1.0 m, or equivalent. Gold values are uncut. Samples with
Au grades greater than 15 g/t are shown individually. True widths have not been
determined.
Figure 2 – Significant gold intersections from new holes 063 to 067 in the Blue Sky area in relation to
previous intersections and interpreted structural trends.
Figure 3 – Significant gold intersections in Hole 069 relative to previous intersections of the Thunder
North zone. See Figure 1 for legend.
Key Structural Determinations
The original Blue Sky discovery in Hole 055 (31.5 m grading 4.15 g/t Au; see December 23, 2024 press
release) was made in a structurally complex area along the western diorite-volcanic contact. As the only
outcrops in this area are of cover rocks, the first holes of the present program were designed primarily to
unravel structural and stratigraphic relationships in the basement rocks to guide future drill targeting.
The first two holes, Nos. 063 and 064, were drilled through the cover basalt in a northeasterly direction
and hence were orthogonal to the NW trending contact of the Durand Stock, subparallel to the main ENE
shear trend and perpendicular to Tower’s previous four previous Blue Sky drill holes, Nos. 055 and 059 to
061. Despite being parallel and collared only 150 m apart, the two holes encountered completely different
rocks beneath the basalt, with Hole 063 intersecting only Nicola tuffs and Hole 064 intersecting only
Durand diorite, indicating that the contact of the stock has been offset ~100 m to the southwest between
these drill holes. Hole 063 entered the fault zone directly below the cover rocks and remained in it for
over 100 m, indicating that the fault is vertical.
The Au results were equally disparate, with Hole 063 intersecting only four weak, widely separated gold
zones (see Table 1) while Hole 064 intersected ten more evenly spaced zones that together define the
172.74-m-long section that averaged 0.65 g/t Au. Further examination of the drill core and Au results from
these and neighbouring drill holes revealed other telling patterns. For example, both Holes 065 and 066
weaved in and out of diorite and tuff, indicating that they followed the contact of the Durand Stock and
thus can be used to determine its approximate strike and dip in the areas where these holes were drilled.
Most importantly, holes drilled either northeast (like No. 064) or northwest (like Hole 65 and earlier
discovery Hole 055) through the diorite at a flat, -45○ dip intersected numerous, closely spaced Au zones,
typically separated by lower-grade, 0.1 to 0.3 g/t mineralization that contributes significantly to the
overall resource grade and correspondingly lowers the strip ratio, whereas holes drilled to the
southeast (like Hole 067 and earlier Hole 061) through the same diorite misleadingly intersected far
fewer and more widely-spaced gold zones. Furthermore, the disparity in gold grades worsens for holes
like Hole 066 that were drilled southeast at a dip steeper than -45○.
The following structural model is inferred from the above patterns:
1. The Durand Stock was tilted westward during accretion of its parental island arc to the Western
Cordillera such that its western contact now dips inward (eastward) at roughly -60○ (see Fig. 2)
and the formerly overlying Nicola tuffs are now overlain by the diorite.
2. The Chilcotin basalt cover flows, which are only about 5 million years old, erupted in a 250 m wide,
ENE striking, fault-bounded graben valley. The bounding faults were vertical and must have
extended to a depth of at least 40 km to tap the mantle-derived olivine basalt melt. Approximately
200 m of down-drop occurred between the faults, thereby shifting the east-dipping diorite-tuff
contact ~100 m to the west.
3. The graben faults are only the latest manifestation of a long-lived structure similar to the Red Line
of B.C.’s Golden Triangle and the Porcupine-Destor and Cadillac-Larder Lake Faults of the Abitibi
Greenstone Belt. Approximately 147 million years ago the same structural corridor was the focus
of the shear deformation, fluid flow and QFP dyke emplacement that produced the orogenic Au-
pyrite mineralization. Also, prior to accretion of the Durand stratovolcano to the Cordillera, the
fault may also have plumbed the diorite magma and associated porphyry Cu-Au mineralization of
the ~215 Ma Durand Stock.
4. The main set of pyritized, Au-bearing shears and quartz veinlets within the graben fault block
strikes roughly E-W and dips south at minus 60-70○ such that the mineralized zones are
intersected effectively in holes drilled either to the northeast (e.g. Hole 064) or northwest (e.g.
Holes 055 and 065) but less effectively in holes drilled to the southeast (e.g. Hole 068) especially
if these holes are drilled at dips steeper than -45○ like Hole 066 which was drilled at -70○ beneath
and from the same pad as earlier Hole 060 to obtain a deeper cut of the high-grade gold zone
(6.02 m of 23.63 g/t Au; see Fig. 2) intersected in that -45○ hole but was too steep to ever reach
the zone regardless of the hole depth.
Next Steps
Assays are awaited for the remaining five drill holes and will be released after they have been compiled
and reviewed. Drilling is expected to resume in March. Wherever terrain conditions permit along the Blue
Sky trend, holes will be drilled to the northwest to cut the gold zones in the most representative direction
as determined from the present program.
Methods and Qualified Person
The drill core was logged at Tower's leased, fully equipped core facility near Kamloops by and/or under
the direction Matthew Husslage, P.Geo. Mr. Husslage has managed or co-managed all of Tower’s Rabbit
North diamond drilling programs since the discovery of the Lightning Zone in December 2021.
Split samples of the core, generally 1.0 or 1.5 m in length, were delivered directly to Activation
Laboratories (ActLabs) in Kamloops, BC, a laboratory certified as ISO/IEC 17025 Accredited (Lab 790) by
the Standards Council of Canada. QA/QC samples including blanks and standards were inserted regularly
into the sample sequence at a ratio of approximately 1:20.
The samples were analyzed for Au by fire assay and ICP-OES and for Ag and 36 additional elements by ICP-
OES using a four-acid, near-total digestion. Any over-limit (>5 g/t) Au analyses were repeated using the
same fire assay procedure but with a gravimetric rather than ICP finish.
The technical content of this news release has been reviewed and approved by Stuart Averill, P.Geo., a
director of the Company and a Qualified Person as defined by National Instrument 43-101.
Other News
On December 19, 2025, the Company provided a corporate update, announcing that it had entered into
into a marketing making agreement with ICP Securities Inc. ("ICP") and a capital markets consulting
agreement with Insight Capital Partners Inc., an entity related to ICP (“Insight”), dated December 17, 2025
(collecitlvey the "Agreements"), subject to approval by the TSX Venture Exchange (the " Exchange").
Under the Agreements, Insight will provide capital markets consulting services and ICP will provide
market-making services in accordance with Exchange policies, trading shares of the Company on the
Exchange and other trading venues with the objective of maintaining an orderly market and improving
the liquidity of Tower’s common shares. Insight will receive $3,500 per month and ICP will receive
$7,500.00 per month. The Agreements have an initial four-month term and will automatically renew for
successive one-month periods unless terminated by either party with 30 days’ notice. The Agreements
contain no performance-based factors, and neither Insight nor ICP will receive shares or options as
compensation. Insight and ICP are unrelated and unaffiliated entities to the Company, and at the time of
the Agreements, neither Insight nor ICP or its principals hold any direct or indirect interest in the securities
of the Company.
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, all in B.C., are the
Rabbit North orogenic gold and porphyry copper-gold project located between the New Afton copper-
gold and Highland Valley copper mines in the Kamloops mining district, the Nechako porphyry-associated
gold-silver project near Artemis’ Blackwater project and the More Creek epithermal gold project on the
critical “red line” structural zone connecting the mineral deposits of the Golden Triangle.
On behalf of the Board of Directors
Tower Resources Ltd.
Joe Dhami, President and CEO
(778) 996-4730
www.towerresources.ca
Reader Advisory
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