(TheNewswire)
Vancouver, B.C. / TheNewswire / May 17, 2017 - Tower
Resources Ltd. (“Tower” or the “Company”) has com menced the 2017 exploration program at
its flagship Rabbit North copper and gold property in the resource and infrastructure rich Kamloops mining division of
south-central British Columbia. The program will consist of up to 4,000 metres of diamond drilling, targeting multiple key porphyry
related copper and gold occurrences.
The strategically located, road-accessible Rabbit North property comprises approximately 16,400 hectares.
Rabbit North is centered 14.5 kilometers east of New Gold’s New Afton copper and gold mine and 28 kilometers east-northeast of
Teck’s producing Highland Valley copper mine.
The 2017 drill program is planned to follow-up on results from the highly successful 2016 drill program; 2016
diamond drill hole RN-008 at the Western Magnetite Zone cut 200 meters of 0.30% copper and 0.15 grams per tonne (g/t) gold,
including a 72m interval of 0.47% copper and 0.20g/t gold (see Tower Press Release, December 8, 2016). Copper-gold mineralization
and porphyry-related alteration was intersected in all 11 holes drilled in 2016, and promising drill results from the Central
Monzonite Zone and Chrysocolla East Zone will be followed up in addition to the priority Western Magnetite Zone
target.
Tower plans to expand the footprint of mineralized zones intercepted in 2016 drilling at the Western Magnetite
Zone, stepping out to the east, north and south of 2016 drill hole RN-008 into areas of favorable geology and analogous geophysical
signatures (IP chargeability/resistivity and ground magnetics). Further drilling is also planned for copper-gold
targets proximal to and within the Durand stock, targeting highly prospective areas of coincident geological, geochemical and
geophysical anomalies.
President Mark Vanry states "We are extremely excited at the prospect of following up on the highly successful
2016 Rabbit North drilling program. The initial 4000 meter phase of the Rabbit 2017 drilling program be the largest in
company history. Based on results, the Company has the resources to significantly expand the program through the rest of the
year. Tower was fortunate to option one of the largest, low cost - close to infrastructure Cu-Au exploration projects in southern
BC during the market downturn in 2013.”
The technical content of this news release has been reviewed and approved by Paola Chadwick, P.Geo Exploration
Manager for the company and qualified person as defined by National Instrument 43-101.
About Tower Resources
Tower Resources Ltd. (TWR.V) is a Vancouver based junior mineral exploration company focused on the discovery
and advancement of economic mineral projects, primarily in British Columbia. The company’s key exploration assets are Rabbit North,
Nechako Gold and More Creek.
Tower Resources Ltd.
Mark Vanry - Director, CEO & President
(604) 558-2565
mvanry@towerresources.ca
www.towerresources.ca
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement Caution
This news release contains certain “forward-looking statements”, as defined in the United States
Private Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation. The Company cautions
that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the
statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such
statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such
statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs,
estimates or opinions, or other factors, should change, except as required by law. There are numerous risks and uncertainties that
could cause actual results and Tower's plans and objectives to differ materially from those expressed in the forward-looking
information. The reader is urged to refer to the Company's public disclosure which is available through the Canadian Securities
Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk
factors and their potential effects.
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