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GOLD: Tower Resources starts exploration program at Nechako project



BRITISH COLUMBIA – Tower Resources announced this week that its team of geologists started an exploration program on the Nechako property in the central part of the province.

In a press release, Tower said the campaign will begin with infill reverse circulation (RC) drilling at the head of the Nechako dispersal train.

In the current RC drilling program, six to eight infill holes will be drilled along the first 500 metres of the trend to pin down the axis of mineralization

“The Nechako gold-silver-zinc-lead-arsenic dispersal train is similar in size and strength to known trains from some of Canada’s largest gold deposits including Blackwater, Casa Berardi, Rainy River, Meadowbank, Meliadine, Amaruk and Hope Bay,” the company’s media brief reads. “It is 1.5 km wide and 3.0 km long and originates from a 1.5 km long segment of the April Trend adjacent to the historical April showing which contains the same metals.”

The new RC drilling program follows two earlier, 38- and 13-hole programs that were completed in 2017 and 2018.

According to Tower, exploration on the Nechako property has historically targeted porphyry copper mineralization. However, the Vancouver-based firm said the RC drilling showed that the real potential is for gold-silver-zinc-lead deposits, with arsenic occurring as a key pathfinder element.

Located 80 km south of the town of Vanderhoof, Nechako sits approximately 30 km northeast of New Gold’s significant Blackwater development project. Blackwater contains a proven and probable total mineral reserve of 8.2 million oz. of gold with 60.8 million oz. of silver.

This story first appeared on www.Mining.com.


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