Tower Res Ltd Stock Price, News & Analysis

Tower Resources (OTC:TWRFF) has commenced a 3,000‑metre diamond drilling program at its Rabbit North property to expand the high‑grade Thunder North and Blue Sky gold zones. Approximately 12 holes are planned, focused on extending known mineralized intersections east along strike and testing continuity to depths of up to 300 metres. Prior results cited include 19.0 m @ 4.93 g/t Au (Hole RN‑25‑062) and 6.02 m @ 23.63 g/t Au (Hole RN‑25‑060). The company may expand the program to 5,000 metres if current hit‑rate trends (~50%) continue; potential sites up to 800 m east of Blue Sky are under approval following an October till survey.

Tower (OTC: TWRFF) reported results from a 66-sample till survey on November 3, 2025 that expand the Rabbit North gold system ~1000 m east across the Durand Stock and more than double its footprint to 1.5 km2. The survey returned up to 1001 gold grains (Sample 342) and another peak of 560 grains; 45% of samples exceeded 100 grains versus a background of 5 grains. The strongest 1001-grain anomaly lies ~800 m ENE of Hole RN-25-060, which intersected 6.02 m of 23.63 g/t Au. Three discrete gold dispersal trains (Nos. 303, 342, 347) were identified, the results support nearby, minimally transported sources and will guide an expanded diamond-drilling program focused on Blue Sky and Thunder North.

Tower Resources (TSXV: TWR) has initiated a strategic 70-sample till gold-grain survey at its Rabbit North property in the Kamloops porphyry Cu mining district. The survey aims to guide the placement of diamond drill holes in an upcoming minimum 3,000-meter drilling program.

The company's previous gold-grain surveys successfully led to the Lightning, Thunder, Thunder North, and Blue Sky gold discoveries, maintaining a remarkable 50% drill hole hit rate. Recent drilling highlights include 6.02 meters of 23.63 g/t Au in Hole RN25-060 at the Blue Sky zone.

The new survey focuses on the Dominic Lake Train, which is now understood to be ~1 km wide rather than the previously estimated 400m. Results from the survey, conducted by Overburden Drilling Management Limited, are expected within three weeks.

Tower Resources (TSXV: TWR) held its Annual General Meeting where shareholders approved all proposed matters, including the appointment of Davidson & Company LLP as the company's auditor and the ratification of the 10% rolling share option plan.

Additionally, the company granted 3,000,000 stock options to officers, directors, and consultants, exercisable at $0.20 per option until September 26, 2030. The options will vest in thirds, with one-third vesting immediately and the remainder vesting annually.

Tower Resources (TSXV: TWR) has appointed mining industry veteran André Gaumond as a technical advisor to help guide the company's transition from exploration to resource definition and M&A at its Rabbit North project. Gaumond, a geological engineer with degrees from Université Laval and École Polytechnique, brings significant expertise as the founder and former CEO of Virginia Gold Mines, which was acquired by Goldcorp in 2005 for its Eleonore gold mine discovery.

Gaumond previously served as Senior Vice President of Northern Development at Osisko Gold Royalties and currently serves as an Independent Director at Altius Minerals. His appointment comes at a strategic time as Tower Resources advances from its 10,000-meter exploration drilling program at Rabbit North to the next phase of development.

[ "Strategic appointment of highly experienced mining professional André Gaumond as technical advisor", "Company advancing from exploration to resource definition stage at Rabbit North after successful 10,000m drilling program", "Addition of expertise in M&A and value enhancement from an advisor with proven discovery record" ]

Tower Resources (TSXV: TWR) has reported significant gold drilling results from their Rabbit North property in the Kamloops mining district. The company completed a four-hole May drilling program, with holes RN-25-061 and 062 yielding notable results.

Key findings include: Hole 061 intersected 18m of 0.81 g/t Au near the Blue Sky discovery zone and discovered a new gold trend with 13.05m of 1.76 g/t Au. Hole 062, a 50m step-out at Thunder North, returned an impressive 19.0m intersection averaging 4.93 g/t Au, including high-grade sections of up to 73 g/t Au.

The Thunder North zone has now been traced continuously for over 250 meters with increasing grades. The company is planning a larger drilling program to further define these promising zones and explore the new gold discovery south of Blue Sky.

Tower Resources (TSXV: TWR) has reported exceptional gold assay results from its Rabbit North property in the Kamloops mining district. The highlight comes from Hole 060, which intersected 23.63 g/t gold over 6.02 meters near surface, located 70m northeast of the previous discovery Hole 055.

The drilling campaign successfully extended the Blue Sky gold zone 70m along strike and 90m upward to within 55m of surface. Hole 059 also delivered promising results with 7.6m of 3.28 g/t gold. The findings indicate that the gold zone strikes northeast into the Durand Diorite Stock, suggesting potential for a substantial gold deposit.

Tower Resources has initiated its spring 2025 diamond drill program at the Rabbit North property near Kamloops, B.C., focusing on the newly discovered Blue Sky zone and Thunder areas. The program will test both vertical and lateral continuity of significant gold intersections found in hole RN-24-055, which revealed: • A high-grade zone yielding 4.15 g/t Au over 31.5 meters at 200m depth • A thick interval of 0.75 g/t Au mineralization spanning 158m vertically • Multiple gold zones with potential for both open pit and underground development • Notable intersection of 2.92 g/t Au over 9.0 metres Four initial holes are planned, with potential for additional drilling based on results. The company is also preparing for a summer drilling program to expand on the spring campaign.

Tower Resources (TSXV: TWR) has contracted a diamond drill to further explore three high-grade gold discoveries - Blue Sky, Thunder, and Thunder North - at its Rabbit North property near Kamloops, British Columbia. This drilling program precedes a planned larger 3000-m campaign to assess the economic potential of the orogenic gold system.

The program includes:

• Blue Sky Zone: Four holes planned to test continuity of both a high-grade zone (31.5m at 4.15 g/t Au) and a low-grade interval (158m at 0.75 g/t Au) from hole RN-24-055
• Thunder North Zone: Two holes stepping east at 50m intervals from Hole 056, which previously yielded 15.85m of 5.80 g/t Au
• Thunder Zone: One or two holes planned east of discovery Hole 041, which previously intersected 13.3m of 3.28 g/t Au and 10.1m of 2.16 g/t Au