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Tower Resources Provides 2014 Rabbit North Exploration Update; Identifies New Target
(via Thenewswire.ca) Vancouver, B.C. / TNW-ACCESSWIRE / August 25 2014 / Tower Res...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Tower Resources Provides 2014 Rabbit North Exploration Update; Identifies New Target(via Thenewswire.ca)\n \n \nVancouver, B.C. / TNW-ACCESSWIRE / August 25 2014 / Tower Resources Ltd., (TSX.V: TWR) provides results from its ongoing multidisciplinary 2014 program at the Rabbit North copper (Cu) - gold (Au) property located in the active Kamloops Mining District of south-central British Columbia. The current 2014 program at Rabbit North consists of detailed geological mapping, rock-chip sampling and prospecting in areas with limited historic work and areas with prospective drill targets. \n\n \n \nEarlier this spring, Tower discovered the poorly exposed Chrysocolla East target (see Tower's June 11th, 2014 Press Release) by way of ground-truthing coincident geophysical anomalies identified by Tower in 2013. Tower's technical team concluded that additional copper and gold targets may exist in other areas with similar geophysical features. This concept formed the framework for the first comprehensive property scale exploration program on the project and led to the discovery of the newly defined Central Monzonite South target. \n\n \n \nMark Vanry, Tower's president and CEO, comments: \"Our exploration efforts on Rabbit North this season have already yielded two significant target discoveries. We will continue to systematically explore the property and evaluate these targets with the goal of refining the best targets to move forward.\"\n\n \n \nThe Central Monzonite South target covers an area of at least 530 by 160 metres where outcrop is best exposed along subtle north trending ridges. This new target is located within the previously described Central Monzonite Zone (CMZ, see Tower's October 22nd, 2013 Press Release) and represents mineralization hosted within the core monzonite phase of the Durand Stock. The center of this target is approximately 620 meters southwest of the main Central Monzonite high-grade showing (i.e., sample 1790454, 1.02% Cu, 0.43g/t Au and 7.4g/t Ag (silver), Tower's October 22nd, 2013 Press Release) and 650 metres southeast of historic drill hole 97-08. This drill hole bottomed in mineralization and is the only diamond drill hole to test for mineralization at depth in the Durand monzonite core. An interval of 31 metres assaying 0.25% Cu with 0.10g/t Au was returned from the bottom of the hole starting at 15...