Tower Resources Ltd. reported on recent exploration developments at its British Columbia properties, the Company's plans to resume drilling on the new Thunder Au and Rainbow Cu-Au-Mo discoveries at Rabbit North and initiation of follow-up gold grain sampling at More Creek on the Golden Triangle "Red Line". Rabbit North. Tower recently received a permit to continue exploration, including diamond drilling, on the Company's 17,526-hectare Rabbit North property near Kamloops, between New Gold's New Afton underground Cu-Au mine and Teck's Highland Valley open pit Cu-Mo mine.

Rabbit North. Tower is planning a 1500 m follow-up diamond drilling program beginning in the first week of October to further investigate and expand the newly discovered, shear-hosted Thunder Au Zone (initial intersections of twin Au zones <10 m apart comprised, in discovery Hole 039, of 17.9 m @ 1.28 g/t Au and 7.8 m @ 3.79 g/t Au, and 150 m to the southeast in Hole 41, of 13.25 m @ 3.28 g-t Au and 10.12 m @ 2.19 g/t Au) and porphyry-type Rainbow Cu-Au- Mo Zone (72.4 m of 0.27% Cu, 0.40 g/t Au and 0.01% Mo, or 0.57% Cu equivalent, starting near surface in the final drill hole targeting the Thunder Zone, No. 042).

More Creek. The 6430-hectare More Creek property is centrally located in the Golden Triangle of northern B.C. between the Brucejack high-grade epithermal Au and Red Chris porphyry Cu-Au mines. Follow-up sampling was recommended to trace the gold grain anomaly up the creek and pin down its source.

Tower subsequently optioned the property to Volatus Capital Corp. but the recommended sampling program was not performed and the property was recently returned to Tower. Tower has revived the planned survey and expects to receive the gold grain results by late October.

Nechako Gold Property. Tower's 2975-hectare Nechako Gold property is located on the Nechako Plateau in central B.C., 30 km northeast of the 8,000,000-ounce Blackwater Au deposit which is currently under development by Artemis Gold Inc. Between 2016 and 2021 Tower identified a significant gold grain anomaly at the top of a thick till plain and, using a specialized reverse circulation (RC) drill to sample the underlying dispersal train at depth, successfully traced it 3 km up-ice to its source area where several promising, porphyry associated Au-Ag-Pb-Zn intersections were subsequently obtained by diamond drilling. Tower continues to maintain the Nechako Gold property in good standing while focusing on the Company's new Lightning, Thunder and Rainbow discoveries at Rabbit North.

As the Lightning Zone appears to account for only the western edge of the 400-m-wide Dominic Lake gold grain dispersal train that occurs at the surface of the thick till plain down-ice from the gold zone, consideration is being given to using the RC drilling experience gained at Nechako Gold to search the area to the east for additional gold sources. Belle Property. Tower optioned its 1670-hectare Belle property in the Toodoggone Area east of the Golden Traingle to Volatus Capital Corp.

on August 5, 2020.