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Inaugural Till Heavy Mineral Survey on Tower's Rabbit North Property Identifies a Strong Gold Grain Anomaly Indicating Proximity to a Significant New Porphyry Cu-Au Deposit
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Tower Resources Ltd. (TSXV: ...
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[{"type":"text","content":"Inaugural Till Heavy Mineral Survey on Tower's Rabbit North Property Identifies a Strong Gold Grain Anomaly Indicating Proximity to a Significant New Porphyry Cu-Au DepositVancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Tower Resources Ltd. (TSXV: TWR) (\"Tower\" or the \"Company\") is pleased to report that a recently completed till sampling program on the Company's Rabbit North Property near Kamloops, British Columbia, has identified a strong gold grain anomaly indicating proximity to a new, hidden, alkalic porphyry Cu-Au deposit much more substantial than the known, exposed Cu-Au zones on the property.The till heavy indicator mineral survey totaled 137 samples. Of these, 84 were collected at the southeast corner of the northern lobe of the G-shaped, 16,400 hectare property (inset map on Fig. 1), over or proximal to the 3-km-wide Durand alkalic stock (Fig. 1) which has been the focus of all previous exploration on the property. The remaining 53 samples were collected 5 to 8 km to the south on the small, unexplored southern lobe of the property (Fig. 2). The samples were collected 250 m apart on traverses spaced 1 to 2 km apart and oriented northeast-southwest to squarely cross the southeast direction of glacial ice flow and gold grain transport.Feature AnomalyThe heavy mineral concentrates from two contiguous samples, Nos. 058 and 059 (duplicated by QA/QC Sample 060) collected 250 m apart on a traverse 700 m directly down-ice from the Durand Stock, each contained approximately 600 gold grains (Fig. 1). Such a strong response is exceptional for a porphyry Cu-Au deposit due to the relatively low grades of most of these deposits. For example, the peak response obtained from a very similar till survey performed by the federal and provincial governments at the Mount Polley open pit mine (past production of 118.8 million tonnes at 0.227% Cu and 0.277 g/t Au) was only 105 grains (Fig. 3).Stuart Averill, P.Geo., a Director of the Company, emphasized the importance to Tower of the strong gold grain anomaly:\"The Durand Stock has long been of exploration interest due to its similarity to the nearby intrusion that hosts New Afton's underground Cu-Au mine. Surface prospecting of the exposed areas of the stock has identified numerous Cu-Au occurrences but no economic deposits. This has led to the perception that the main ...