Nechako Gold consists of the Porphyry and Chutanli claim blocks, together covering 2,936.5 hectares in central British Columbia. Tower earned a 100% interest in the Porphyry claims in fiscal 2018 and a 100% interest in the Chutanli claims in fiscal 2019; the vendors retain 1.5% net smelter return royalties on their respective claims, and Sandstorm Gold Ltd. holds a 2% net smelter return royalty on the combined property. Exploration identified an extensive multi-element glacial dispersal train and several gold-silver-zinc-lead drill intersections along the April and Pond trends. Tower deferred exploration after 2021 to focus on Rabbit North but plans future testing of the Blue Road Porphyry target.
- Country
- Canada
- Commodity
- Au
- Stage
- Exploration