DLP Resources intersects 256m of 0.68% CuEq* within a 1007.50m interval of 0.37%…

Overdue Hole 053 Au Results

Hole 53 was drilled in Tower’s earlier June drilling program but the core could not be cut at that time because the core saw failed and required significant repairs. The core was cut and assayed during the October campaign, along with that from Hole 052 on the Rainbow porphyry Cu-Au-Mo zone and new Holes 055 to 058.

Vancouver, British Columbia–(Newsfile Corp. – December 23, 2024) – Tower Resources Ltd. (TSXV: TWR) (“Tower” or the “Company”) is pleased to report complete gold assays from Blue Sky discovery hole RN24-055 on the Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). These assays confirm earlier indications from partial assays (see October 31 press release) that Blue Sky is Tower’s most illuminating discovery to date, revealing both the scale and Au grade potential of the gold structures.

Hole 055 Au Results

The Blue Sky intersection in Hole 055 spans 31.5 m, from 255 to 286.5 m down hole, and averages 4.15 g/t Au (see Table 1). Seven other gold zones, all diorite hosted like Blue Sky, were intersected higher in the hole, and all but one of the intervals between zones are highly anomalous, suggesting potential for both open pit and underground development. The closest zone, only 15 m above and potentially connected to Blue Sky, returned 2.92 g/t over 9.0 metres.

At Hole 55 the diorite occurs under ~63 m (vertical thickness) of cover comprised of 1 m of glacial till, 48 m of Chilcotin basalt flows (see Fig. 2) and 14 m of saprolite. However, the extremely high gold grain content of the till ~100 m to the south (i.e. down-ice) at the head of the Dominic Lake gold dispersal train (see Fig. 3) suggests that Blue Sky surfaces just north of the basalt.