Vancouver, British Columbia--(Newsfile Corp. - November 20, 2018) - Tower Resources
Ltd. (TSXV: TWR) (OTCQB: TWRFF) ("Tower" or the "Company") is pleased to report that it has fully
exercised its option on the Rabbit North copper-gold project in British Columbia and now holds a 100% interest in the properties.
Over the past two years Tower has identified a number of promising alkalic porphyry targets containing high grades of copper-gold
mineralization over significant widths in structurally controlled chutes, including 0.97% Cu and 0.62 g/t Au (1.39% CuEq) over 26.5
metres in drill hole RN17-015 (included within 247m of 0.51% Cu and 0.34 g/t Au, or 0.75% CuEq) in the Western Magnetite Zone.
Future exploration work will include high resolution 3D DCIP (direct current induced polarization) ground based geophysical surveys
to define the orientation of the mineralized structures prior to diamond drilling. The road-accessible Rabbit North project
comprises approximately 16,400 hectares in the infrastructure-rich copper and gold porphyry belt of southern British Columbia. The
project is strategically located 14 kilometres southwest of the producing New Afton copper and gold mine (New Gold Inc.) and
approximately 28 kilometres northeast of the producing Highland Valley copper mine (Teck Resources Ltd.)
Tower is also pleased to announce that the next phase of work at the Nechako gold project has been approved by the board of
directors and is expected to be completed in Q1 2019. This phase of work will include up to 20 reverse circulation drill holes
designed to locate the bedrock source of the sulphide-rich, Au-Ag-As-Pb-Zn dispersal train identified in the 2017 RC program, below
the original gold grain anomaly outlined in 2016 surface till sampling. Additionally, a 400 m vertical diamond drill hole will
probe the core of the newly discovered Blue Road porphyry, a large (2 km), pervasively argillic-altered and pyritized porphyry
stock discovered beneath thick overburden during the 2017 RC drilling program. Together the two components provide the Company with
an opportunity of making a new poly-metallic discovery at Nechako.
"The Nechako and Rabbit North projects in British Columbia are the foundation of Tower's work plans for the next year" adds
Garett Macdonald, CEO. "Exploration at both projects benefit from the work completed over the last two years that has greatly
narrowed the search area for discovering the sources of the high grade mineralization at both projects. The task now is to conduct
cost-efficient exploration by defining the targets for the next round of diamond drilling".
Methods and Qualified Person
The technical content of this news release has been reviewed and approved by Darrell Hyde, P.Geo., Exploration Manager for the
Company and Qualified Person as defined by National Instrument 43-101.
About Tower Resources
Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in
the Americas. The Company's key exploration assets are the Rabbit North copper-gold porphyry project located between the New Afton
and Highland Valley Copper mines, the Nechako gold project near New Gold's Blackwater project and the More Creek and Voigtberg gold
projects in the Golden Triangle area of Northern British Columbia.
On behalf of the Board of Directors,
Tower Resources Ltd.
Garett Macdonald, President, CEO & Director
(604) 558-2565
gmacdonald@towerresources.ca
www.towerresources.ca
Reader Advisory
This news release may contain statements which constitute "forward-looking information", including statements regarding the
plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future
business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe",
"estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such
forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business
activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those
in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market
prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or
business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to
rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking
information except as required under the applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
