Vancouver, British Columbia--(Newsfile Corp. - May 8, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to announce that the non-brokered private placement previously announced on April 5, 2019 (the " Private Placement ") has now closed. Under the Private Placement, the Company issued 12,500,000 units (each a " Unit ") at a price of $0.04 per Unit for gross proceeds of $500,000. Each Unit was comprised of one (1) common share in the capital of the...
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") Tower Resources is pleased to announce the commencement of their 2019 exploration program on the Nechako property, starting with infill reverse circulation (RC) drilling at the head of the Nechako dispersal train. The Nechako Au-Ag-Zn-Pb-As dispersal train is similar in size and strength to known trains from some of Canada's largest gold deposits...
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to announce, subject to the approval of the TSX Venture Exchange (the " Exchange "), that Mr. Joe Dhami has been appointed President and Chief Executive Officer and a member of the Board of Directors of the Company. Mr. Dhami has over 20 years of experience in the capital markets working with portfolio managers, retail brokers and high net...
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to report that it has located the bedrock source area of the large gold grain anomaly that the Company identified two years ago (see June 18, 2017 press release) on its wholly owned Nechako property (Fig. 1) in south-central British Columbia, Canada, a 1.5-hour drive from Vanderhoof via the all-weather Kluskus-Ootsa road. The Nechako...
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") announces that Garett Macdonald has tendered his resignation as President, Chief Executive Officer and a director of the Company. Mr. Macdonald's departure will be effective as of February 28, 2019 in order to assist in facilitating a smooth transition to new management. The Board of Directors is actively seeking a new President and CEO, and has...
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to report that it has fully exercised its option on the Rabbit North copper-gold project in British Columbia and now holds a 100% interest in the properties. Over the past two years Tower has identified a number of promising alkalic porphyry targets containing high grades of copper-gold mineralization over significant widths in structurally...
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to provide an exploration update, including assay results from two diamond drill holes (Table 1), of work completed this summer at the Company's flagship Rabbit North copper-gold project, near Kamloops, British Columbia. Exploration at Rabbit continues to return wide intervals of porphyry related copper and gold mineralization in several...
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2018) - Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to provide an update at the Company's Nechako gold project in British Columbia. The Nechako gold project is is located approximately 30 kilometres northeast of New Gold's Blackwater development project in the Nechako Plateau Region of central British Columbia. The project is road accessible and comprises 10 mineral tenures totaling 2,975...
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2018) - Tower Resources Ltd. (TSXV: TWR) (FSE: T7Y1) (OTCQB: TWRFF) (" Tower " or the " Company ") is pleased to announce that commencing July 31, 2018 its common shares will be listed for trading on the OTCQB under the trading symbol TWRFF. Tower's President and CEO, Mr. Garett Macdonald, comments, "We are very pleased to provide this platform to our existing and prospective US shareholders. The OTCQB allows for greater exposure and...