Tower Resources Notes Completion of Seismic Survey in Namibia
Tower Resources provided an update on its current operations in Namibia and Uganda.
Tower Resources announced that the Namibian 3-D seismic survey, undertaken by the "Geowave Master," was completed on September 6. The data quality is excellent and it is expected that processing and interpretation can be completed as planned in early 2011.
Processing of data gathered during the Uganda aero gravity gradiometry survey, which completed in mid June 2010, is near completion and a final interpretation is expected around the end of September when planning for a subsequent seismic survey can then be finalized.
Peter Kingston, Chairman of Tower Resources commented, "This update confirms that current operations are on schedule and that the quality of information being obtained is likely to enhance interpretation of both the Namibia and Uganda Licenses."
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