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Tower Resources Discovers new Copper and Gold Target at Rabbit North; Expands Porphyry Footprint
(via Thenewswire.ca) Vancouver, B.C. / TNW-ACCESSWIRE / September 23 2014 / Tower Re...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Tower Resources Discovers new Copper and Gold Target at Rabbit North; Expands Porphyry Footprint(via Thenewswire.ca)\n \n \nVancouver, B.C. / TNW-ACCESSWIRE / September 23 2014 / Tower Resources Ltd., (TSX.V: TWR) provides results from its multidisciplinary 2014 exploration program at the Rabbit North copper (Cu) - gold (Au) property located in the active Kamloops Mining District of south-central British Columbia. In particular, Tower reports the discovery of a new porphyry related copper and gold zone herein termed the Buff target.\n\n \n \nThe discovery of the Buff copper and gold porphyry target expands the footprint of known porphyry related copper and gold mineralization associated with the Durand stock porphyry system some 750 meters southwest of the historically drilled Chrysocolla zone (see Tower's October 22nd, 2013 Press Release). Furthermore, the Buff target together with the previously reported Kwil target (see Tower's September 9th, 2014 Press Release) form a property scale mineralized trend that extends 3.5 kilometers striking northeasterly. Other targets such as the Chrysocolla, Chrysocolla East, Central Monzonite South, and Central Monzonite Main fall along this trend and are all considered priority targets. \n\n \n \nThe poorly exposed Buff target is located approximately one kilometer southwest of the Chrysocolla East target and approximately 1.8 kilometers southwest of the Central Monzonite South target. Although mostly covered by thick glacial overburden, the zone represents a high priority target for further investigation. The Buff target is underlain by a high magnetic anomaly that Tower discovered in 2013 that spans approximately 1.3 by 0.6 kilometers oriented broadly northwesterly. Furthermore, the highest magnetic response is coincident with the shoulder of a largely untested, open to the south and east, IP (Induced Polarization) chargeability high anomaly that spans at least 1.9 by 1.4 kilometers. \n\n \n \nBedrock exposure is limited, however, where observed, copper and gold mineralization is dominantly hosted in extensive and pervasive magnetite and epidote altered microdiorite-clast rich breccias. Copper and gold mineralization is characterized by clotted and disseminated chalcopyrite + pyrite observed in both the matrix and within clasts in the breccias. Minor malachite and azurite are locally obser...