Tower Resources drills six holes at Rabbit North

Executive Summary

• Tower Resources Ltd. reports the completion of the first phase of its 3,000-metre drilling program at the Rabbit North property, specifically finishing six holes at the Blue Sky discovery ahead of schedule and under budget.
• The company is now advancing to the Thunder North target, where approximately six holes are planned to extend the gold zone eastward, trace it to depth, and infill gaps caused by unmineralized intrusions.
• Due to the holiday break and assay delays, the company is considering drilling additional follow-up holes based on promising core intersections from the current phase.

Key Details

• Blue Sky Drilling Completion:
  • Six holes completed, totaling 1,756 metres.
  • Holes RN25-063 to RN25-065 were drilled at various angles near discovery hole RN24-055 (31.5 m of 4.15 g/t Au) to determine the orientation of the contact between the Durand diorite and Nicola tuff.
  • Three additional holes were designed to follow the Durand-hosted intersection from hole 060 (6.02 m of 23.63 g/t Au) down dip and 100 m eastward toward a strong 560-grain gold anomaly from a recent till survey.
• Thunder North Drilling Plan:
  • Approximately six holes planned.
  • Previous drilling has traced the gold zone 300 m eastward from discovery hole RN23-039 (25.7 m of 2.04 g/t Au) to hole 062 (19.0 m of 4.93 g/t Au).
  • Objectives include tracing the zone to depth, extending it further east (where grade appears to increase), and infilling a 150-m gap caused by an unmineralized monzonite dike intersected in hole RN23-040.
• Program Status:
  • Drilling is well ahead of schedule and significantly under budget.
  • Few assays are expected before the holiday break; the company is considering additional holes to follow up promising intersections.
• Qualified Person: Stuart Averill, PGeo, Director of the company.

Notable Quotes

• "Follow-up diamond drilling is progressing smoothly on Tower Resources Ltd.'s high-grade Blue Sky and Thunder North gold discoveries... with the Blue Sky half of the planned 3,000-metre program completed ahead of schedule and the drill now moving to Thunder North."
• "The drilling is well ahead of schedule and significantly under budget."