Published: October 25, 2016 |

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Tower Resources has commenced a systematic geochemical exploration program at its Nechako gold property in the Blackwater Gold district, central British Columbia, Canada.

The road accessible Nechako Gold Property (see Tower’s July 12th, and July 19th, 2016 news releases) is approximately 30 kilometers northeast of New Gold Inc.‘s significant Blackwater development project. Blackwater contains a proven and probable total mineral reserve of 8.2 million ounces of gold with 60.8 million ounces of silver (source: New Gold Inc. website).

The exploration program will consist of up to 50 till samples systematically collected down-ice and coincident with two interpreted Blackwater-type epithermal gold targets: Chutanli and Stubb. These targets are defined on the basis of regional and property-scale geophysical data, regional till and property-scale boulder geochemical data, and geological data collected earlier this year by Tower’s technical team. Tower has contracted Overburden Drilling Management Ltd. (ODM) of Ottawa, Ontario to complete the survey. ODM is highly regarded as a global leader in heavy mineral geochemistry and indicator mineral exploration, which are considered critical tools for exploration in areas masked by glacial till, such as the majority of the Nechako Plateau. The ODM team previously completed detailed studies at the Blackwater project and have demonstrated that their sampling techniques and proprietary heavy mineral separation processes are successful at defining down-ice heavy mineral dispersion trains unique to Blackwater-type deposits. The goal at Nechako Gold will be to delineate similar dispersion trains which will inevitably focus upcoming target definition programs.

ODM was founded in 1974 by Mr. Stuart Averill, who currently serves as ODM’s Chairman. Mr. Averill is also on the Board of Directors for Tower Resources Ltd.

Some technical information contained in this release is historical in nature and has been compiled from sources believed to be accurate. This technical information has not been verified by Tower and may in some instances be unverifiable dependent on the existence of all historical grab and trench samples and drill core. Management also cautions that mineral resources on nearby properties are not necessarily indicative of the results that may be achieved on the subject property.

The technical content of this news release has been reviewed and approved by Christopher Leslie, M.Sc., P.Geo., geological consultant and Technical Advisor for the company and Qualified Person as defined by National Instrument 43-101.

Source: (October 12, 2016) Energy Business Review

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