CEO.CA Chairman's Briefing

Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") has successfully embarked on a follow-up drilling program at the Rabbit North property, building on the results from hole RN24-051(reported on 09/26/2024) from the June Drilling program. Hole RN24-051 was drilled roughly halfway along the previously untested 450m gap in between the Lightning and Thunder Gold zones to test the continuity of gold mineralization. The successful intercept was the highest average gold grade obtained to date from the Lightning- Thunder trend - 6.06 g/t Au over 4.27m including 24.0g/t Au over 0.7m

The Company has reported that the fall drilling campaign is progressing smoothly, with core logging and samples dispatched for assay currently ongoing.

Matthew Husslage, P.Geo, who has been instrumental in overseeing more than 8,000 meters of drilling since 2021, continues refining the geological model, and expanding the known mineralized zones. This methodicalapproach is crucial for advancing the understanding of the gold endowment and serves as a predictive aid for future exploration.

The current drilling strategy aims to explore the continuity of mineralization along the Thunder-Lightning gold trends while also expanding the existing boundaries of mineralization. By conducting step-out drilling along the central branch and extending towards the northeastern section, the program seeks to further delineate and extend the mineralization.

Methods and Qualified Person

The technical content of this news release has been reviewed and approved by Stuart Averill, P.Geo., a director of the Company and a Qualified Person as defined by National Instrument 43-101.

About Tower Resources

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 B.C., 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' Blackwater project and the More Creek epithermal gold project on the critical "red line" structural zone connecting the mineral deposits of the Golden Triangle.

On behalf of the Board of Directors

Tower Resources Ltd.

Reader Advisory

This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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