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Tower Completes First Phase of 2024 Drilling Program at Rabbit North, Prepares for Larger Follow-Up Drilling Campaign in September
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Tower Resources Ltd. (TSXV...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Tower Completes First Phase of 2024 Drilling Program at Rabbit North, Prepares for Larger Follow-Up Drilling Campaign in SeptemberVancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Tower Resources Ltd. (TSXV: TWR) (\"Tower\" or the \"Company\") is pleased to report that it has completed the first phase of its planned 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1) and is planning a larger Phase II follow-up campaign for mid-September.Phase I Drill Program The Phase I campaign comprised 1015 m in five drill holes, Nos. RN24-050 to 054.Holes 050 and 052 tested for a possible northwestern extension of the favourable magmatic-hydrothermal breccia body (see Fig. 2) that hosts last year's Rainbow porphyry Cu-Au-Mo discovery (72.0 m grading 0.27% Cu, 0.40 g/t Au and 0.01% Mo in Hole RN23-042).Holes 051, 053 and 054 tested three of the four shear-hosted Au targets that are the main focus of the 2024 drilling program (see press release of May 23, 2024).Hole 051 targeted the southern shear trend between the Thunder and Lightning Zones. It was designed to cross the east-northeast trending shear zone ~150 m east of last year's Thunder discovery hole RN23-041, which encountered two strongly mineralized intervals 10 m apart averaging 3.28 g/t Au over 13.25 m and 2.19 g/t Au over 10.12 m, and 300 m west of the Lightning Zone which has been intersected in six holes over core lengths of 26.5 to 138.0 m at an average grade of ~1.5 g/t Au (see Fig. 3).Hole 052 targeted the central shear trend ~200 m northeast of the Lightning Zone (see Fig. 2) as a potential source for the eastern part of the Dominic Lake gold grain dispersal train (see press release of April 25, 2024). Hole 053 targeted the same shear trend ~60 m west along strike from last year's Thunder North discovery hole RN23-039, which intersected 25.7 m @ 2.04 g/t Au.The core from Holes 050 to 052 has been cut and submitted for analysis; the remaining core will be submitted as a separate batch.Next StepsBased in part on Lightning-type shearing and alteration observed in the drill core, a larger follow-up drilling campaign of up to ten holes is planned for mid-September.Methods and Qualified PersonThe drill core is being logged at Tower's leased, fully equipped core facility near Kamloops by Matthew Husslage, P...