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Tower Resources PLC

Publié le 16 juillet 2013

Commences 2013 Diamond Drilling and Exploration Program at JD Gold Project

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Mots clés associés :   Canada |
NEWS RELEASE
CORPORATE PROJECTS INVESTORS NEWS CONTACT
 
July 16, 2013

Tower Resources Commences 2013 Diamond Drilling and Exploration Program at JD Gold Project


Vancouver, B.C. - Tower Resources Ltd. has commenced its 2013 field program at its flagship JD gold (Au) - silver (Ag) property located in the Toodoggone gold district of north central British Columbia. The program will consist of up to 2,000 meters of exploration drilling targeting several gold - silver occurrences primarily near the Finn zone and newly identified targets.

The JD Property is comprised of over 15,000 hectares located approximately 50 kilometres north of Aurico Gold Inc's past producing Kemess Mine.

The program is designed to test areas peripheral to the Finn zone where the mineralizing system appears to be open and largely un-tested, with the goal to establish continuity of gold mineralization along the mapped geological contact that is known to host Finn zone mineralization. The Finn zone was a primary focus during the 2012 drill program where Tower intersected near surface gold and silver mineralization hosted in a shallow dipping volcaniclastic unit and yielded an intersection of 21.5 meters of 4.92 g/t (grams per tonne) Au with 53.99 g/t Ag in drill hole 12-JD-002 (see Tower's August 29th, 2012 press release).

In addition, a focused IP (Induced Polarization) geophysical survey will be conducted on a footprint of approximately 3 by 1.5 kilometers aimed at investigating silicified and mineralized areas that are potentially buried beneath cover. The IP survey is also designed to investigate the potential heat source for epithermal related mineralization. Lines will be run stratigraphically below and south of the Finn zone where a large multi-element soil anomaly and a coincident magnetic anomaly exists.

President Mark Vanry states "We are excited at the prospect of expanding beyond the core of the known Finn Zone mineralization and testing and multiple new exploration targets at the JD Project during this season's exploration program."

The technical content of this news release has been reviewed and approved by Kenneth Thorsen, BSc, P.Eng, a consultant of the company and qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators.

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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Tower Resources PLC

CODE : TRP.L
ISIN : GB00B05KQ069
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Tower Res. est une société développant des projet miniers et de pétrole basée au Royaume-Uni.

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