Mr. Joe Dhami reports

TOWER RESOURCES RENEWS 5-YEAR PERMIT AND UNVEILS FUTURE DRILL PLAN AT RABBIT NORTH

Tower Resources Ltd.'s exploration permit for its 100-per-cent-owned Rabbit North and West Afton property, spanning 17,526 hectares, has been renewed for five years. Situated strategically 14 kilometres southwest of the New Afton copper and gold mine (New Gold Inc.) and 27 kilometres northeast of the Highland Valley copper mine (Teck Resources Ltd.), the Rabbit North project offers exceptional exploration potential. Furthermore, the Kamloops region has an experienced work force and infrastructure that facilitates year-round exploration.

Since 2021, Tower Resources has conducted testing and drilling in previously unexplored areas, revealing three distinct zones: the Lightning zone, the Thunder North and South zone, and the Rainbow zone. Despite drilling only 6,728 metres to date, the company has made remarkable progress. Assay results have been promising with notable highlights, including good gold and copper values from near-surface drilling.

Lightning zone:

• Hole 26: 95 metres of 1.40 grams per tonne gold;
• Hole 28: 138 metres of 1.55 grams per tonne gold;
• Hole 29: 70.5 metres of 1.78 grams per tonne gold
• Hole 45: 92 metres of 1.13 grams per tonne gold and 20 metres of 2.13 grams per tonne gold.

Thunder zone:

• Hole 39: three metres of 4.02 grams per tonne gold and 25.7 metres of 2.04 grams per tonne gold;
• Hole 41: 13.25 metres of 3.28 grams per tonne gold and 10.12 metres of 2.19 grams per tonne gold.

Rainbow zone:

• Hole 42: 72.4 metres of 0.57 per cent copper equivalent;
• Hole 48: eight metres of 0.86 per cent copper equivalent.

Tower Resources' President commented on the efficient utilization of resources thus far. However, the company is now poised to optimize exploration efforts to fully realize the potential of a very marketable asset that remains largely untested in scope and scale.

Future plans

A ground magnetic survey was completed in 2023 to assist with delineating future drilling. The survey covered a 1,100-hectare block with 112 kilometres of east-northeast-trending lines spaced 100 metres apart. Importantly, this block extended farther south than Tower's original, 2014 ground magnetic survey and included the recent Rainbow, Thunder and Lightning zone discoveries. Follow-up drilling will incorporate the known assayed boundaries in conjunction with the survey results to drill the higher-grade Thunder zone and Rainbow zone through a series of relatively short 150-metre-to-200-metre holes. The company's team is currently defining the first 10 targets and will begin the permitting process for the next phase of drilling.

Methods and qualified person

The technical content of this news release has been reviewed and approved by Stuart Averill, PGeo, a director of the company, and a qualified person as defined by National Instrument 43-101.

About Tower Resources Ltd.

Tower is a Canadian-based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas. The company's key exploration assets, all in British Columbia, are the Rabbit North copper-gold porphyry project, located between the New Afton copper-gold and Highland Valley copper mines in the Kamloops mining district; the Nechako porphyry-associated gold-silver project near Artemis's Blackwater project; and the More Creek epithermal gold project on the critical red-line structural zone connecting the mineral deposits of the Golden Triangle.

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