Tower Mountain Gold Property

​Under the terms of the Agreement, White Metal has the option to acquire 100% of the Project subject to a 2% underlying royalty on some of the claims comprising the Property by issuing to the Optionor 1,200,000 common shares of the Company and making cash payments totalling $145,000 over a period of three (3) years
Location & Access
  • Tower Mountain Gold Project is located in Conmee township, ~50 km west-northwest of the port city of Thunder Bay, Ontario and accessed less then 1 km from Highway & Railway by existing trail.  
  • Consists of 81 Single Cell Mining Claims, 11 Boundary Cell Mining Claims and 3 patented mining claims that together cover 2,010 hectares.
  • ​Centered on UTM coordinates 301104 mN and 5378234 mE (NAD83; Zone 16N) or latitude 48º 31’32” N and longitude 89º 41’38” W.
​
Highlights from the 2021 Phase 1 drilling program &  IP geophysical survey include:
  • Confirmation of low grade gold mineralization within an intense and pervasive alteration zone, extending over 2 km along strike;
  • Discovery of the Ellen Zone, a new high grade gold zone, reporting 1.7 g/t Au over 82.50 m including 3.0 g/t Au over 45 m (TM-21-94: 10.00 to 92.50 m), and open in all directions;
  • Excellent correlation between the Ellen Zone discovery and priority anomaly “TS-02” from the DasVision IP survey;
  • DasVision IP survey outlined numerous new targets for follow-up prospecting, trenching and drilling;
  • Drill hole TM-21-95 extended the historical Bench Zone to the south by a minimum of 75 metres;  
  • Compilation of all historical data and completion of the DasVision IP survey provide excellent drill targets within “gaps” between gold zones that are up to 500 m in strike; and
  • The highly prospective H Zone requires re-mapping and additional drilling to test the new interpretation that this zone dips to the southeast at 50-60 degrees.
Highlights from the 2021 Phase 2 drilling program and surface sampling 
Drilling
  • Successfully extended Bench Zone down-dip to the southwest.
  • A Zone: 3.94 g/t Au over 23.8 m (from 3.7 m).
  • New drilling discovery 110 Zone: 0.44 g/t Au over 141.50 m including 1.02 g/t Au over 7.5 m.
 
New Surface Discoveries
  • Star Zone: 24 rock grab samples, taken over 450-m-long by 250-m-wide area, ranging from 8 ppb to 2.83 g/t Au, with 14 of the 24 samples assaying over 0.1 g/t Au.
  • C&M Zone: two rock grab samples assayed 5.27 g/t and 2.33 g/t Au.
  • Papa Zone: two rock grab samples, taken over a 10-square-metre area, assayed 3.05 g/t and 2.94 g/t Au.
Download PDF 

Slideshow
 Maps & Details for Recent Press Releases

Tower Stock Gold Project Latest Press Releases (Click Below)
​​1. It is not known if the drill hole intervals represent true widths and are therefore being treated as cor​e length intersections.