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Tower Resources Acquires the Brewster and Stub Properties, Northwest of the Nechako Gold Property; Central British Columbia
(via Thenewswire.ca) Vancouver, B.C . / TheNewswire / July 1 9 , 2016 - Tower Resourc...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Tower Resources Acquires the Brewster and Stub Properties, Northwest of the Nechako Gold Property; Central British Columbia(via Thenewswire.ca)\n\n \nVancouver, B.C. / TheNewswire / July 19, 2016 - Tower Resources Ltd., (TSXV: TWR) announces the acquisition of two additional properties, by staking, in the Nechako Plateau region of central British Columbia. The Brewster and Stub properties, identified on the basis of geophysical and geochemical data, are considered prospective for Blackwater-type gold and silver mineralization. Robust geophysics and till geochemistry are critical tools for mineral exploration in areas masked by glacial till, such as the majority of the Nechako Plateau.\n\n \n \nThe centre of the 1,930 hectare Brewster property is seven kilometres northwest of the Nechako Gold property (see Tower's July 12th, 2016 news release) and was staked primarily because of compelling geophysical data. Recent induced polarization geophysical surveys (BC Assessment Reports 29890 and 30554), conducted over most of the Brewster property, outline two high-chargeability anomalies locally coincident with high-resistivity anomalies. A coincident high-chargeability and high-resistivity anomaly is characteristic of the Blackwater gold deposit, thirty three kilometres southwest of Brewster. Both anomalies will be investigated in upcoming exploration programs. \n\n \n \nThe centre of the 1,040 hectare Stub property is twenty kilometres northwest of the Nechako Gold property. The property was staked to capture an interpreted source of a down-ice till dispersal train anomalous in zinc, copper, arsenic, with lesser gold and silver identified from a government till geochemistry database. Till geochemical data coupled with a strong knowledge of paleo-ice flow directions can provide critical information regarding the geochemistry of the bedrock geology below glacial till cover. The Blackwater deposit is also characterized by a down-ice zinc, arsenic, gold and silver till anomaly with the head of the dispersal train centred on the deposit. The Stub property will also be investigated in upcoming exploration programs.\n\n \n \nNechako Gold Property\n\n \n \nThe road accessible Nechako Gold Property (see Tower's July 12th, 2016 news release) is approximately 30 kilometres northeast of New Gold Inc.'s significant Blackwater development project. B...