- Tower (TWR) prepares for follow-up drilling on the Golden Zone Discovery at Rabbit North
- Approximately six holes will be drilled to determine the configuration of the substantial mineralized zone
- Hole 026 was the third of four holes drilled in December 2021, near the head of an exceptionally strong, southeast trending gold grain dispersal train
- The heart of the gold zone is expected to lie further northeast closer to the axis of the dispersal train
- As noted in the January 11 press release, Tower’s till sampling did not extend far enough up-ice to the northwest to locate the bedrock source of the gold grains
- Tower Resources Ltd. (TWR) is down 20.69 per cent, trading at C$0.12 at 12:36 pm EST
Tower Resources (TWR) has announced plans to resume diamond drilling on the Golden Zone of its Rabbit North property near Kamloops, B.C.
The property is situated between New Gold’s New Afton underground Cu-Au mine and Teck’s Highland Valley open-pit Cu-Mo mine.
Approximately six holes will be drilled to determine the configuration of the substantial mineralized zone indicated by the impressive 1.40 g/t Au intercept over 95 m, including 19.2 m of 4.21 g/t Au, in discovery Hole RN21-026 and test the first 100-150 m of the presumed northeastern strike extension of the zone.
Hole 026 was the third of four holes drilled in December 2021, near the head of a powerful, southeast trending gold grain dispersal train in the thick glacial till covering the bedrock.
It was collared on the western edge of the 350 m wide dispersal train and drilled to the northeast toward the projected axis of the train. The heart of the gold zone is expected to lie further northeast closer to the axis of the dispersal train.
The main evidence for a northeast strike to the Golden Zone is that the fourth hole, No. 027 which was drilled to the northwest from the same pad as Hole 026, appears to have clipped only the top 30 m of the zone.
In addition, a historical 1997 hole drilled 400 m to the northeast targeting porphyry Cu-Au mineralization inadvertently intersected 10 m of high grade (12.4 g/t) Au mineralization.
In preparation for an extended drilling campaign at Rabbit North, Tower has leased a large, fully equipped core facility near the property to replace the temporary tent facility in Kamloops that was used previously.
Joe Dhami, President of the company, commented on the drilling campaign.
“Our goal with this round of drilling is to get enough solid cuts through the Golden Zone to determine its shape and orientation, as having this information is key to placing our next holes effectively.”
“The drilling program will benefit immensely from having the use of a large, well-equipped core facility where our dedicated team can comfortably log several holes at once and display the core for accredited visitors,” added Dhami.
As noted in the January 11 press release, Tower’s till sampling did not extend far enough up-ice to the northwest to locate the bedrock source of the gold grains.
Therefore the December drilling started with Hole 024 at the sampling limit and progressed northwest until the gold source was intersected in Hole 026, 300 m up-ice.
However, Hole 025, which was drilled northwest along the axis of the gold dispersal train toward Hole 026, did encounter some significant mineralization.
Near the top, Hole 025 cut a long interval of mineralized diorite that, excluding two post-mineralization dikes with an aggregate thickness of 7.5 m, averaged 0.09 per cent Cu and 0.31 g/t Au over 79.8 m.
While averaging 0.31 g/t, the Au assays for the 54 samples from the Cu-Au zone in Hole 025 were below 1 g/t.
Paradoxically, the core further down the hole, i.e. closer to the Golden Zone, was analyzed only intermittently yet four samples returned Au values over 1 g/t with no associated Cu, a characteristic feature of the Golden Zone mineralization where the Au is associated with pyrite rather than Cu-sulphides.
This suggests that if Hole 025 had been drilled deeper it would have intersected the Golden Zone.
Tower is a Canadian-based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas.
Tower Resources Ltd. (TWR) is down 20.69 per cent, trading at C$0.12 at 12:36 pm EST.
