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 Corporate Profile: Tower Resources Ltd
    Publisher: Kaiser Research Online
    Author: Copyright 2013 John A Kaiser

 
Tower Resources Ltd (TWR-V)
Trade DateVolumeHighLowCloseChgStatus
April 12, 2024114,000$0.12$0.11$0.11$0.01Trading
KRO Profile - Members OnlyCorporate Web Site Not AvailableTreeExchQuote
Issued
145,159,305
Price
$0.110
Working Capital
$486,869
Key People: R. Joe Dhami (CEO), Gerald J. Shields (Chair), Lesia Burianyk (CFO), Leah Hodges (Sec),
Diluted
164,559,944
Insiders
14.0%
As of
1/31/2024
Company supplied Corporate Overview - not available
The free corporate profile serves as a fast gateway for KRO members via the map cards to resources such as the KRO Profile which includes financial, insider and project details as well as news releases and KRO comments for which headline links are provided below. Links to the company's web site and project web pages are available within this free corporate profile if the company has a multi-user corporate membership (they are always available in full member only KRO Profile). A corporate membership provides the company with complete multiple user access to KRO resources and entitles the company to provide a corporate overview for the subject company's unrestricted corporate profile.

Active Project List
ProjectCountryState/ProvRegionNet
Interest
StageIPV $
MM
Target MetalsDeposit StyleTSC
(Project Name has a link to its location in the Members only KRO Profile)
Rabbit NorthCanadaBritish ColumbiaSouthern BC100% WI3-Discovery Delineation $17Gold CopperOrogenic Vein
NechakoCanadaBritish ColumbiaCentral BC100% WI2-Target Drilling $17Gold Silver CopperPorphyry / Epithermal
More CreekCanadaBritish ColumbiaGolden Triangle100% WI1-Grassroots $17Gold SilverEpithermal
Company Project Gateway
Rabbit North Project
Company Project Web Page - N/A Canada - British Columbia 100% WI3-Discovery Delineation Gold CopperOrogenic Vein
Nechako Project
Company Project Web Page - N/A Canada - British Columbia 100% WI2-Target Drilling Gold Silver CopperPorphyry / Epithermal
More Creek Project
Company Project Web Page - N/A Canada - British Columbia 100% WI1-Grassroots Gold SilverEpithermal
Company Related KRO Comments
Jun 23, 2023Kaiser Watch - 0:15:46
Jun 23, 2023KW Excerpt: Kaiser Watch June 23, 2023: Tower Resources Ltd (TWR-V)
Apr 21, 2023Kaiser Watch - 0:22:14
Apr 21, 2023KW Excerpt: Kaiser Watch April 21, 2023: Tower Resources Ltd (TWR-V)
Apr 6, 2023Kaiser Watch - 0:29:35
Apr 6, 2023KW Excerpt: Kaiser Watch April 6, 2023: Tower Resources Ltd (TWR-V)
Mar 24, 2023Kaiser Watch - 0:15:45
Mar 24, 2023KW Excerpt: Kaiser Watch March 24, 2023: Tower Resources Ltd (TWR-V)
Mar 22, 2023Tracker: Speculative Value Rating for Tower Resources Ltd
Oct 6, 2022Kaiser Watch - 0:00:00
Oct 6, 2022KW Excerpt: Kaiser Watch October 6, 2022: Tower Resources Ltd (TWR-V)
Sep 23, 2022Kaiser Watch - 0:14:16
Sep 23, 2022KW Excerpt: Kaiser Watch September 23, 2022: Tower Resources Ltd (TWR-V)
Aug 5, 2022Kaiser Watch - 0:18:18
Aug 5, 2022Tracker: New geometry interpretation for Lightning Zone expands gold discovery potential
Aug 5, 2022KW Excerpt: Kaiser Watch August 5, 2022: Tower Resources Ltd (TWR-V)
Jun 23, 2022Tracker: Initial Tower follow up holes confirm gold grade of Lightning Zone discovery
Jun 23, 2022KW Excerpt: Kaiser Watch June 23, 2022: Tower Resources Ltd (TWR-V)
Jun 23, 2022Kaiser Watch - 0:08:10
Apr 7, 2022Kaiser Watch - 0:29:38
Jan 11, 2022Tracker: Spec Value Rating for Tower Resources Ltd

Company News Releases - Members Only
Mar 4, 2024Renews 5 Year Permit and Unveils Future Drill Plan at Rabbit North
Jan 18, 2024Determines from Holes 048 and 049 that the Rainbow Cu Au Mo Zone Extends Westward at a Depth and Grade Similar to Discovery Hole 042 but in the Small Drill Area Is Cut by a Narrow Paleo Canyon
Dec 11, 2023Gold Grain Sampling on the More Creek Property in B.C.'s Prolific Golden Triangle Locates a New Gold Source Straddling the Key Red Line Rift Structure
Nov 14, 2023Completes Follow Up Drilling Program at Rabbit North Focused on Confirming the Indicated Rapid Westward Thickening and Lateral Continuity of the Rainbow Porphyry Cu Au Mo Discovery
Oct 19, 2023Issuance of Equity Incentives
Oct 5, 2023Begins Drilling at Rabbit North to Refine and Expand the Promising Thunder Au and Rainbow Porphyry Cu Au Mo Discoveries
Sep 21, 2023Exploration Update on its B.C. Properties; Prepares to Drill New Thunder Au and Rainbow Cu Au Mo Discoveries at Rabbit North and Initiates Follow Up Sampling at More Creek on a Gold Grain
Aug 15, 2023Enters into termination agreement
Aug 9, 2023Volatus Termination of Option Agreement
Jul 10, 2023Private Placement Non Brokered
Jul 6, 2023Closing of Flow Through Financing
Jun 29, 2023Proposed Flow Through Financing
Jun 22, 2023Ground Magnetic Survey at Rabbit North Reveals a Large, Untested Target Area West of the Rainbow Porphyry Cu Au Mo Zone and Prominent Lineaments through the Structurally Hosted
May 31, 2023Commences Ground Magnetic Survey to Guide Diamond Drilling on the New Rainbow Porphyry Cu Au Mo and Thunder Orogenic Au Zones and Identify Similar Targets for Future Testing
May 10, 2023Drills 92 m of 1.13 g/t Au Near Surface in Lightning Zone; Next Campaign to Focus on Expanding the New Thunder Au and Rainbow Porphyry Cu Au Zones Laterally and to Depth
May 8, 2023Adopts Advance Notice Policy
Apr 20, 2023Hole 042 at Rabbit North Hits 72.4 m of Porphyry Cu Au Mo Mineralization Averaging 0.57% Cu Equivalent in the New Rainbow Zone
Apr 5, 2023Encounters Higher Au Grades in Hole 041 on the Thunder Zone 200 m Along Strike from Hole 039 at Rabbit North, with Two Closely Spaced Intercepts of 3.28 g/t Au over 13.25 m and 2.16 g/t Au over
Mar 30, 2023First Assays from Thunder Zone, Intersects 25.7 m of 2.04 g/t Au in Hole 039 Significantly Exceeding Average Grade of Lightning Zone with Strong Indicated Continuity
Mar 1, 2023Discovers Strongly Mineralized "Thunder" Gold Zone West of Lightning; New Zone Drilled to 400 m Depth, Growing in Strength and Thickness and Gaining Significant Cu
Feb 23, 2023New Till Samples Confirm That the Lightning Zone Is Not the Main Source of the Dominic Lake Gold Dispersal Train; Drilling Is Underway to Test for a Larger Gold Source Beneath the Train
Feb 2, 2023Private Placement Non Brokered
Feb 2, 2023Prepares to Start 2000 m Diamond Drilling Program on Three Key Gold Targets at Rabbit North
Dec 23, 2022Closing of Flow Through Financing
Dec 21, 2022Drilling at Rabbit North Constrains Lightning Zone to the North Side of the Diorite Plug, Provides New Information Indicating that the Main Gold Source of the Dominic Lake Train is on the
Dec 16, 2022Releases Corporate Presentation
Nov 22, 2022Performs Follow Up Till Sampling on the Central Gold Grain Dispersal Train, Confirms Its High Grade and Constrains Its Source Sufficiently for an Initial Diamond Drill Test
Oct 5, 2022Completes Step Out Drilling on the Lightning Zone at Rabbit North and Identifies a New Gold Grain Dispersal Train Indicative Of Higher Grade Mineralization 400m to the West
Sep 15, 2022Step Out Drilling at Rabbit North Confirms North Northwest Strike of Lightning Zone, Continues to Obtain Wide Intercepts with Pyrite Levels Similar to Discovery Hole 026
Aug 9, 2022Prepares to Resume Drilling on Lightning Zone, Identifies Strong New Gold Grain Dispersal Train on Parallel Structure to the West
Jul 13, 2022Latest Drilling Indicates Lightning Zone Has Two Branches, Doubling Its Strike Length; Hole 031 Intersects 22.0 m of 2.09 g/t in Main Branch, Holes 030 and 033 Hit 26.5 m of 1.76 g/t Au
Jun 22, 2022First Two Follow Up Drill Holes on Lightning Zone Return Long Intervals Surpassing Gold Grade of Discovery Hole: Hole 028 Cuts 138.0 m @ 1.55 g/t Au including 24.5 m @ 4.76 g/t Au, Hole
Jun 7, 2022Receives Infill Assays for 2021 Exploration Drill Holes at Rabbit North Revealing New Footwall Au Zones in Hole 027; Key Assays Pending for 2022 Delineation Drill Holes on Lightning Zone
May 5, 2022Grant of Stock Options
May 3, 2022Rabbit North Drilling Program, Repeatedly Hits Mineralization Resembling Hole 26 Gold Zone and Intersects Possible Footwall Zone
Mar 23, 2022Resumes Drilling on its Golden Zone Discovery at Rabbit North
Mar 10, 2022Prepares for Follow Up Drilling on the Golden Zone Discovery at Rabbit North
Mar 3, 2022Property Asset or Share Purchase Agreement
Feb 28, 2022Property Acquisition
Jan 11, 2022Quickly Discovers Source of Rabbit North Gold Grain Anomaly, Drills 95 m of 1.4 g/t Au Including 19.2 m of 4.2 g/t Au
Dec 2, 2021Commences Drilling on Prime Porphyry Cu Au Target Between New Afton and Highland Valley Mines
Nov 12, 2021Follow Up Till Survey Transforms Rabbit North Gold Grain Anomaly into an Exciting, Drill Ready Target
Oct 27, 2021Grant of Stock Options
Oct 20, 2021Early Warning Press Release in Accordance with NI 62 103
Oct 5, 2021Commences Follow Up Gold Grain Survey at Rabbit North to Refine Drill Targets
Aug 10, 2021Inaugural Till Heavy Mineral Survey on Tower's Rabbit North Property Identifies a Strong Gold Grain Anomaly Indicating Proximity to a Significant New Porphyry Cu Au Deposit
Jul 20, 2021Reports Significant Au Assays from the Pond Trend at Nechako Including 1.3 g/t over 14.7 m in Hole 18, 18.9 g/t over 0.6 m in Hole 19 and 17.5 g/t over 0.6 m in Hole 26
Apr 28, 2021Receives Rush Assays Averaging 2.0 g/t Au and 7.2 g/t Ag from Upper 7.3 metres of New 10.5 metre wide Gold Zone in First Hole of 3000m Diamond Drilling Campaign at Nechako Gold Property
Apr 7, 2021Initiates Major Diamond Drilling Program at Nechako to Expand Recent Au Ag Discoveries and Probe Prime New Targets
Mar 24, 2021Private Placement Non Brokered
Mar 24, 2021Closing of $2,000,000 Flow Through Non Brokered Financing
Feb 25, 2021Flow Through Non Brokered Financing
Dec 21, 2020Extends Discovery Zone to Depth at Nechako and Intersects 4.0 g/t Au and 34.1 g/t Ag Across New Massive Sulphide Horizon
Nov 16, 2020Provides Corporate Update
Oct 22, 2020Completes RC and Diamond Drilling Programs to Expand the Discovery Zone at Nechako and Test New Gold Silver Targets
Sep 16, 2020Commences Double Barreled Drill Program on Nechako Gold Silver Property
Aug 26, 2020Optioning of Golden Triangle and Toodoggone Properties
Aug 13, 2020Progresses Mag IP Survey at Nechako; Preliminary Results Indicate Strong Magnetic Activity over Discovery Zone and Breccia Dome
Jul 22, 2020Grid Cutting at Nechako Property
Jun 25, 2020Private Placement Non Brokered
Jun 25, 2020Closes Non Brokered Private Placement
May 25, 2020Non Brokered Private Placement
May 6, 2020Intersects 7.1 m of 2.75 g/t Au and 40.2 g/t Ag Above Major Alteration Pipe at Nechako
Apr 21, 2020Receives Approval to Amend Term of Warrants
Apr 21, 2020Warrant Term Extension
Feb 13, 2020Drilling Verifies Eskay Creek Deposit Model for the Au Ag As Zn Pb Mineralization on the April Trend at Nechako
Sep 20, 2019Intersects Significant Au Ag Zn Pb Mineralization at Nechako
Jul 29, 2019Mobilisation of Diamond Drill Program and Grant of Stock Options
Jun 18, 2019To Drill on the Nechako Property
May 8, 2019Closes Non Brokered Private Placement
Apr 29, 2019Commencement of Exploration Program on Nechako Property
Apr 5, 2019Appointment of President and CEO and Non Brokered Private Placement
Feb 14, 2019Corners Bedrock Source of Nechako Gold Grain Dispersal Train
Nov 20, 2018Exercises Option on Rabbit North and Announces Combined RC and Diamond Drilling Program at Nechako
Sep 27, 2018Intersects 288 metres grading 0.26% Copper Equivalent (CuEq) including 53 metres grading 0.48% CuEq at Rabbit North
Aug 23, 2018Reports Nechako Drill Results
Jul 31, 2018OTCQB Listing Under the Symbol TWRFF
Jul 12, 2018Initiates Drill Program at Rabbit North Copper Gold Project
May 29, 2018Corporate Update
May 17, 2018Appoints Mr. Mark N.J. Ashcroft, P.Eng. as Technical Advisor
May 15, 2018Identifies High Grade Till Samples at Nechako
May 2, 2018Results of AGM New Board of Directors
Apr 3, 2018Appointment of New President and CEO
Mar 8, 2018Appointment of New Director and Interim CFO
Feb 20, 2018Receives Approval to Amend Term of Warrants
Feb 15, 2018Applies for Amendments to Terms of Warrants
Jan 18, 2018Provides Corporate Update on 2017 Exploration Activities and 2018 Objectives
Jan 17, 2018To Present at AME BC Roundup Core Shack on January 22nd & 23rd
Jan 16, 2018Property Asset or Share Purchase Amending Agreement
Dec 19, 2017Tower Options Voigtberg Gold Copper Property from Goldcorp Golden Triangle BC
Nov 21, 2017Completes First Nechako Gold Drill Program
Oct 5, 2017Intercepts 133 Meters of 0.41% Copper Equivalent in 1km Step Out Drill Hole at Rabbit North
Sep 28, 2017Grants Incentive Stock Options
Sep 12, 2017Receives Multi Year Exploration Permit for Nechako Gold Project
Sep 5, 2017Releases Further Step Out Drill Results from 2017 Diamond Drilling at Rabbit North, including 88 meters of 0.54% CuEq @ 0.35% Copper and 0.27 g/t Gold at Rabbit North
Aug 1, 2017Mobilizes Geological Crew to More Creek Project, Golden Triangle, BC
Jul 11, 2017Drills 247 metres of 0.75% CuEq at 0.51% Copper and 0.34 g/t Gold at Rabbit North Revised
Jun 6, 2017Commences 2017 Exploration Program at Nechako Gold Project
May 25, 2017Appoints Garett Macdonald as Technical Advisor
May 17, 2017Mobilizes for Diamond Drill Program at Rabbit North Copper and Gold Project
May 9, 2017Payment Of Referral Fee Under The Sandstorm Royalty Transaction
May 8, 2017Retains Torrey Hills Capital For IR
Apr 24, 2017Shares for Services
Apr 18, 20172017 Exploration Program at its Rabbit North Copper and Gold Project
Apr 12, 2017Shares for Services
Apr 11, 2017Private Placement Non Brokered
Apr 6, 2017Completes $3.33 Million Private Placement
Mar 15, 2017Tower AnnouncesFinancing Package with Sandstorm Gold and Concurrent Private Placement
Mar 14, 2017Responds To Notice Of Claim On Belle Property
Feb 23, 2017Property Asset or Share Purchase Amending Agreement
Feb 6, 2017Grants Incentive Stock Options
Jan 18, 2017Samples Abundant Gold in Nechako Till Survey, 30km from Blackwater Deposit
Jan 10, 2017Final Rabbit North 2016 Drill Program Results
Dec 8, 2016Intersects 72 metres of 0.47% copper, 0.20g/t gold at Rabbit North Project, southern British Columbia
Dec 6, 2016Samples Gold at More Creek Property Within BC's Prolific Golden Triangle
Nov 22, 2016Provides Exploration Update
Nov 15, 2016Frankfurt Stock Exchange Listing
Oct 11, 2016Commences Systematic Geochemical Survey at Nechako Gold Project
Sep 29, 2016Mobilizes for Diamond Drill Program at its Rabbit North Copper and Gold Project
Sep 19, 2016Closes Non Brokered Private Placement
Sep 15, 2016Commences 2016 Exploration Season; Mobilizes Geological Crew to More Creek Project
Sep 7, 2016Increases Non Brokered Private Placement
Aug 24, 2016Non Brokered Private Placement
Aug 23, 2016Grants Incentive Stock Options
Aug 23, 2016Amends Rabbit North Option Agreement
Aug 23, 2016Appoints Stuart Averill to the Board of Directors
Aug 16, 2016Acquires the More Creek Property, Golden Triangle District, Northwest British Columbia
Jul 21, 2016Property Asset or Share Purchase Agreements
Jul 19, 2016Acquires the Brewster and Stub Properties, Northwest of the Nechako Gold Property; Central British Columbia
Jul 12, 2016Consolidates Nechako Gold Property in Central British Columbia Near the Blackwater Gold Deposit
Apr 1, 2016Terminates Option For JD Property; Focuses On Rabbit North Copper And Gold Property
May 26, 2015Provides Corporate Update
Mar 30, 2015Terminate Negotiations
Mar 30, 2015Kaizen Discovery and Tower Resources Terminate Negotiations
Mar 2, 2015Kaizen Discovery And Tower Resources Extend Period Of Exclusive Negotiations
Feb 2, 2015Kaizen Discovery and Tower Resources Enter into Period of Exclusive negotiations
Nov 4, 2014Grants Incentive Stock Options
Oct 8, 2014Discovers New Copper and Gold Porphyry Target Samples up to 0.79% Copper with 6.23 Grams per Tonne Gold
Sep 23, 2014Discovers new Copper and Gold Target at Rabbit North; Expands Porphyry Footprint
Sep 9, 2014Discovers New Copper Gold Porphyry Target at Rabbit North Provides Exploration Update
Aug 25, 2014Provides 2014 Rabbit North Exploration Update; Identifies New Target
Jul 9, 2014Grants Incentive Stock Option
Jun 17, 2014Commences 2014 Exploration Program on Rabbit North Assays up to 1.6% Copper
Apr 17, 2014Closes Second Tranche of Non Brokered Private Placement
Apr 14, 2014Private Placement Non Brokered
Apr 8, 20142014 Rabbit North Diamond Drilling and Exploration Program
Apr 1, 2014Closes Non Brokered Private Placement
Feb 26, 2014Non Brokered Private Placement
Jan 27, 2014Results from Geophysical Surveys at Rabbit North
Jan 23, 2014Tower Expands Land Position at Rabbit North Project
Dec 18, 2013Tower Grants Incentive Stock Options
Nov 25, 2013Appoints Richard Barth to Board of Directors
Oct 22, 2013Provides Rabbit North Exploration Update Assays up to 2.4 % Copper
Oct 4, 2013Discovers New Porphyry Copper Mineralized System At JD Project
Sep 17, 2013Up to 96.9% Gold Recoveries from Initial Metallurgical Test Wok at JD Property

 
 

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