Tower Resources Ltd. reported results from two geophysical surveys completed at the company's Rabbit North copper (Cu) and gold (Au) property in the Kamloops Mining District of south-central British Columbia. The purpose of both surveys was to refine drill targets in areas of known mineralization and to identify new targets in areas with overburden cover. The surveys consisted of a 50 line kilometer Induced Polarization (IP) survey over the core of the Rabbit North property and a 2,900 line kilometer high resolution helicopter magnetic survey over the recently expanded claim package.

Alkalic porphyry related mineralization and alteration at the Rabbit North property is documented n two host rock types: the three by two kilometer Late Triassic to Early Jurassic zoned alkaline ntrusion termed the Durand Stock, and the intrusion's volcanic country rocks assigned to the Upper Triassic Nicola Group. Induced Polarization Geophysical Survey: The IP survey identified numerous significant high chargeability anomalies (indicative of increased sulphide concentrations) which are also in-part coincident with strong magnetic anomalies outlined by an earlier ground magnetic survey and expanded by the helicopter-borne magnetic survey. For example, the inverted chargeability 200 meter depth plan outlines a +12.5 mV/V (millivolt per volt) anomaly with a strike length of at least 1.9 kilometers and a width of at least 1.4 kilometers.

This anomaly is open to the east and to the south where chargeability readings in the core of the anomaly reach +60 mV/V. Previously within this large anomaly, a small area of approximately 190 by 175 meters (the Chrysacolla Zone) was tested with diamond drill holes. The Chrysocolla Zone is associated with the western extent of the anomaly. Also on the inverted chargeability 200 meter depth plan, the northern extent of the Western Magnetite Zone is associated with a +12.5 mV/V anomaly which appears to extend 2.4 kilometers to the northeast producing an arcuate shaped high chargeability anomaly.

Bedrock associated with this anomaly has been poorly tested. Helicopter Magnetic Survey: The helicopter magnetic survey was flown on easterly oriented lines at 100 meter separation covering a survey block with dimensions of approximately 29 by 11 kilometers. In total, 2,900 line kilometers of data was collected between December 4th and December 9th, 2013 by Precision GeoSurveys Inc. of Vancouver.

The purpose of the survey was to provide high resolution magnetic data to assist in the interpretation of the property geology and to help define drill targets in areas proximal to the Durand Stock. The Durand Stock comprises an oval shaped magnetic high rim measuring 2.7 by 2.2 kilometers, with a magnetic low core. Magnetic highs proximal to the stock are also observed where magnetite alteration is documented in Nicola Group volcanic rocks.

Magnetic highs of similar magnitude have been identified in areas with limited historic exploration proximal to the Durand Stock. These anomalies are considered significant targets for follow-up. Furthermore, the survey effectively identified new magnetic highs, lineaments and breaks which may represent possible intrusions and structures in unexplored areas where publically available, low resolution magnetic data exhibits coarse featureless anomalies.

Rabbit North: The road-accessible Rabbit North property consists of 34 mineral tenures covering 16,400 hectares, which are inpart abutting New Gold Inc.'s tenures covering the New Afton mine. The New Afton mine, with Proven and Probable Reserves of 52.5 million tonnes at 0.93% Cu, 0.65 grams per tonne (g/t) Au, 2.3 g/t silver is approximately 14.5 kilometers east of the main Rabbit North target. Rabbit North is also 28 kilometers east-northeast of the producing Highland Valley copper mine operated by Teck Resources Limited with Proven and Probable Reserves of 697.4 million tonnes at 0.294%.

The core 2,850 hectares of mineral tenures comprising Rabbit North are under an option agreement. Copper mineralization within the porphyritic monzonite core of the Durand stock is characterized by disseminated and blebby chalcopyrite (that is, Central Monzonite zone) whereas mineralization hosted in the Nicola volcanics is dominantly characterized by disseminated and blebby chalcopyrite and pyrite (+/- bornite) associated with varying degrees of albite, biotite, epidote and magnetite alteration (that is, Chrysocolla and Western Magnetite zones).