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Tower Resources provided a brief update of its current operations in advance of its Annual General Meeting.
- The aero gravity gradiometry survey, after collecting first data on 14th June, has, at the end of operations on Sunday June 27, acquired 5586 kilometers (66%) out of the programmed 8437 kilometers of data.
- Interpreted data should be available within 2-3 weeks of completion and this will be used to determine the proposed seismic program.
- The seismic vessel, "Geowave Master," arrived on location on Monday, June 28, and is preparing to begin the 3-D seismic acquisition program.
- A Competent Person's Report, providing an independent assessment of the resources in License 0010, should be finalized within the next week.