Tower Resources Ltd. reports exploration developments for its Rabbit North orogenic gold discovery in the Kamloops porphyry copper mining district. Company news centers on diamond drilling permits, drill program progress, assay results, and geologic interpretation across the Blue Sky, Thunder North, Thunder, and Lightning gold zones.
Recurring updates describe near-surface and high-grade gold intersections, step-out drilling along mineralized trends, drill-core observations, and the use of till gold grain surveys and structural mapping to guide exploration. Releases also include durable public-company categories such as material agreements, capital-structure disclosure, and governance matters.
Tower Resources (OTCQB:TWRFF) reported initial assay results from the first three holes (RN26-074 to 076) of its June 2026 diamond drilling program at the Rabbit North project near Kamloops, B.C. Hole 074 intersected the Thunder gold zone 70 m below surface, returning 18.8 m grading 2.57 g/t Au, including 7.3 m at 5.74 g/t Au and 0.7 m at 43 g/t Au.
Holes 075 and 076 did not encounter significant gold in the Thunder target but Hole 075 intersected the Rainbow porphyry breccia pipe, yielding 5.3 m at 0.71 g/t Au and 0.38% Cu, and 22.6 m at 0.56 g/t Au and 0.35% Cu. Assays for 568.9 m of core from later holes remain pending due to operating constraints.
Tower Resources (OTC: TWRFF, TSXV: TWR) has signed a consulting agreement with Simone Capital, dated July 29, 2026 and effective August 1, 2026, for month-to-month investor relations and capital markets advisory services. Either party can terminate with 30 days’ written notice.
Tower will pay Simone Capital a C$6,500 monthly cash fee plus taxes from working capital, with no securities, options, warrants or other equity compensation. Simone Capital, owned by Anthony Simone, recently acquired 87,500 units at C$0.16 in Tower’s private placement and now holds 100,000 shares and 43,750 warrants. The engagement remains subject to TSX Venture Exchange acceptance.
Tower Resources (OTCQB:TWRFF, TSXV:TWR) reported ongoing drilling at its Rabbit North gold property near Kamloops, B.C. The 2,000–3,000 m program is infilling a 400 m gap between the Thunder North and Blue Sky zones at 50 m spacing and continues to intersect wide pyritized, orogenic-style zones.
Additional holes will also test a possible western extension of the Thunder zone, including a replacement hole 50 m east of unfinished Hole 073. The technical information was reviewed and approved by Qualified Person Stuart Averill, P.Geo.
Tower Resources (OTCQB:TWRFF) began a new drilling program at its Rabbit North gold project near Kamloops, B.C., after logistical delays. The campaign targets untested segments of the 2.7 km Thunder–Blue Sky mesothermal orogenic gold structure, with about ten holes planned to extend and better define key zones.
Tower Resources (OTC: TWRFF) received permits to resume diamond drilling at Rabbit North, Kamloops area, with mobilization underway. Fifteen drill sites approved; at least ten will be drilled, plus extensions of Hole 73 to a targeted 300 m. Focus: close a 400 m untested gap between Thunder North and Blue Sky, extend Thunder west, and test a historical 39.7 m @ 1.75 g/t Au intersection.
Tower Resources (OTC: TWRFF) announced drill assays from Rabbit North, reporting a new high-grade intercept of 40.05 g/t Au over 6.30 m (including 237 g/t over 0.95 m) in Hole RN-25-072. Hole 072 also returned 34.15 m of 1.02 g/t Au in the Thunder zone, extending the prospective corridor by ~300 m. Blue Sky Hole RN-25-068 cut 27.5 m @ 1.24 g/t Au. Ten of eleven program holes hit mineralization; Hole 071 was the only null. Follow-up drilling is planned for early April.
Tower (OTC: TWRFF) reported assays for six of 11 Rabbit North drill holes, highlighting extensive, shallow orogenic gold mineralization.
Key results include Hole RN-25-064: 172.74 m @ 0.65 g/t Au from ~56.7 m, Hole RN-25-065: 80.0 m @ 0.64 g/t Au, and Hole RN-25-069: multiple shallow bands averaging >2.0 g/t Au. Drilling aims to close a 500 m covered gap between Thunder North and Blue Sky.
Tower (OTC: TWRFF) will exhibit Rabbit North drill core from the Blue Sky and Thunder North gold zones at AMEBC Roundup, Booth 1501, on January 28-29, 2026. The company is awaiting assays from 11 holes drilled in Nov–Dec 2025 and will review results while showing core. Hole RN25-064 core highlights deformation, quartz-feldspar porphyry dykes and pyrite-bearing veins relevant to the company's orogenic Au model. Earlier results referenced include Hole 060 (6.02 m of 23.63 g/t Au) and Hole 055 (4.15 g/t Au over 31.5 m). A qualified person has reviewed the technical content.
Tower Resources (TWRFF) announced it entered into two December 17, 2025 agreements subject to TSX Venture Exchange approval: a market-making agreement with ICP Securities and a capital markets consulting agreement with Insight Capital Partners.
Key terms: ICP will act as sole market-maker and trade Tower common shares to help maintain an orderly market and improve liquidity for a fee of CDN$7,500 per month. Insight will provide consulting only and will not trade. Both agreements have an initial term of four months and then renew month-to-month unless terminated with 30 days' notice. Neither firm received equity, performance-based pay, nor held any interest in Tower at signing.
Tower (OTC:TWRFF) completed an expanded 3,213 m diamond drilling program at Rabbit North on December 18, 2025, before pausing for the holiday season. The campaign drilled 11 holes: six holes (RN25-063 to RN25-068) totaling 1,756 m on the Blue Sky gold trend and five holes (RN25-069 to RN25-073) totaling 1,457 m at Thunder North.
Blue Sky work tested orientations near prior high-grade intersections (e.g., RN24-055: 31.5 m @ 4.15 g/t Au; RN24-060: 6.02 m @ 23.63 g/t Au). Thunder North holes targeted lateral and depth continuity, and a westward fault interpretation. Most assays are expected before drilling resumes in February 2026.