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Tower Resources Encounters Higher Au Grades in Hole 041 on the Thunder Zone 200 m Along Strike from Hole 039 at Rabbit North, with Two Closely Spaced Intercepts of 3.28 g/t Au over 13.25 m and 2.16 g/t Au over 10.12 m, and Intersects a New, Near-Surface Zone of Porphyry Cu-Au-Mo Mineralization
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Tower Resources Ltd. (TSXV: TWR) ...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Tower Resources Encounters Higher Au Grades in Hole 041 on the Thunder Zone 200 m Along Strike from Hole 039 at Rabbit North, with Two Closely Spaced Intercepts of 3.28 g/t Au over 13.25 m and 2.16 g/t Au over 10.12 m, and Intersects a New, Near-Surface Zone of Porphyry Cu-Au-Mo MineralizationVancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Tower Resources Ltd. (TSXV: TWR) (\"Tower\" or the \"Company\") is pleased to announce that assays received from Hole 41 on its new Thunder Zone gold discovery (see press release from March 1, 2023) at the Company's Rabbit North property near Kamloops, British Columbia, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine (see Fig. 1), have revealed two closely spaced, 13.25 and 10.12 m intercepts containing 3.28 and 2.19 g/t Au, respectively (see Figs. 2 and 3).Hole 41 also intersected a new and potentially robust zone of porphyry-style Cu-Au±Mo mineralization - the \"Rainbow Zone\" - beneath the cover basalt flows immediately southwest of the Thunder Zone (see Fig. 3). Thunder Au ZoneThe Thunder Zone intersections in Hole 041 are approximately 200 m southeast along strike from the initial, 25.7 m intersection of 2.04 g/t in Hole 039 (see Fig. 2). Both holes were drilled at a flat, -45° dip and intersected the Thunder Zone at a depth of ~100 m below surface. Both were collared on cover basalts 20 to 30 m thick but the gold zone must surface somewhere between the holes in order to have produced the till-hosted gold grain dispersal train (Central Train; see Fig. 2) that led to its discovery.The two high-grade, 3.28 and 2.19 g/t Au intercepts in Hole 041 occur between 124.75 and 157.0 m down-hole (see Fig. 3). They are separated by 10.0 m of weaker mineralization grading 0.35 g/t Au.Rainbow Cu-Au-Mo ZoneThe Rainbow Zone was intersected over a distance of 36.0 m between 72.5 and 108.5 m down-hole and thus is only 16.25 m from the Thunder Zone. It appears to have originally extended to surface but is capped by 13 m (vertical thickness) of brick red to rusty orange saprolite and saprock from which most of the primary mineralization was leached by post-Jurassic subtropical weathering. The preserved 36.0 m section of the Rainbow Zone averages 0.19% Cu and 0.33 g/t Au - grades that are only marginally below those of some of the op...