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MoreCreek2

Target

Epithermal gold and silver mineralization

Property Status

The More Creek property comprises five mineral tenures totalling 6,430 hectares in the Golden Triangle District of northwest British Columbia. The property was acquire by staking and Tower controls 100% interest.

Location

More Creek is 120 kilometres north of Stewart, BC and benefits from close proximity to significant infrastructure such as the Northwest Transmission Line, a nearby fixed-wing aircraft runway and Highway 37, all of which are approximately 10 kilometers to the east. More Creek is approximately 55 kilometers north of Pretium Resources' significant Brucejack development project which contains a Measured and Indicated mineral resource of 9.1 million ounces of gold at an average grade of 17.2 grams per tonne gold (source, Pretium's July 21st, 2016 Press Release).

Geology and Historic Exploration

Previous work at More Creek was focused on a prominent mountain and ridge top gossan known as the Sinter zone. Geological mapping and geochemical sampling (rock, soil, and stream silts) by Noranda and Corona in the early 1990s and reconnaissance mapping by Barrick Gold and Teck Resources in the 2000's at Sinter outlined an extensive zone, up to 2 kilometers long, of strong silicification, argillic alteration and hydrothermal brecciation associated with a regional fault cutting through Upper Triassic Stuhini Group volcanic and siliciclastic rocks. This zone is characterized by highly anomalous (in rocks, soils and silts) concentrations of epithermal-gold pathfinder elements such as Hg, As and Sb. Furthermore, a creek draining the Sinter zone also contains highly anomalous concentrations of gold (up to 1.4g/t Au) in silts as noted by Noranda and Corona (BC Assessment Reports 19216 and 21311). Together, these historic data suggests the Sinter zone may represent the upper, barren zone of an epithermal gold system and gold mineralization should be targeted vertically below the outcropping alteration zone. This exploration model has not yet been tested by systematic diamond drilling.

Cautionary Statements

The technical contents of this website were reviewed by Christopher Leslie, M.Sc., P.Geo., VP Exploration and a Qualified Person as defined by National Instrument 43-101. The information provided in this website is provided solely for general knowledge purposes and may contain data historical in nature which has been compiled from sources believed to be accurate. The historical technical information has not been verified by Tower and may in some instances be unverifiable dependent on the existence of historical drill core, trench and grab samples. This website is not intended to be a comprehensive review of all matters and developments concerning the Company and the Company assumes no responsibility for its completeness, accuracy and currency. Although information used in this website is believed to be accurate as at the date hereof, it may not be accurate when read. The Company does not undertake to update any of the information provided in this website. For current information please refer to the Company's filings on SEDAR (www.sedar.com) or contact the Company