Welcome to our dedicated page for Tower Res news (Ticker: TWRFF), a resource for investors and traders seeking the latest updates and insights on Tower Res stock.
Tower Resources Ltd. (TWRFF, TSXV: TWR) is a Canadian-based mineral exploration company whose news flow is dominated by updates from its gold‑focused projects in British Columbia. The company’s releases concentrate on drill programs, assay results and geological interpretations, particularly at its Rabbit North orogenic gold and porphyry copper‑gold project in the Kamloops mining district.
Investors following Tower’s news can expect detailed reports on diamond drilling at the Rabbit North property, including progress on the Lightning, Thunder, Thunder North and Blue Sky gold zones. The company frequently discusses step‑out holes, extensions of mineralized trends along strike and to depth, and the identification of new gold trends based on drill intersections and till gold grain surveys.
Beyond Rabbit North, Tower’s news also references its Nechako porphyry‑associated gold‑silver project near Artemis’ Blackwater project and the More Creek epithermal gold project on the “red line” structural zone in the Golden Triangle. Corporate updates such as annual general meeting results, stock option grants, the appointment of technical advisors and agreements for market‑making and capital markets consulting are also covered in its releases.
This page aggregates Tower Resources’ news so readers can follow exploration milestones, technical commentary from Qualified Persons and corporate developments in one place. For those tracking TWRFF or TSXV: TWR, the news feed offers insight into how the company is advancing its exploration targets and managing its capital markets profile over time.
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 (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
Tower Resources (TWRFF) has reported significant findings from its October drilling program at the Rabbit North property in Kamloops. Hole RN24-058 revealed a new style of gold and high-grade silver mineralization, yielding 1.47 g/t Au and 32.93 g/t Ag over 3.0 meters, along with notable levels of Pb (0.12%) and Zn (0.1%).
This follows previous exceptional results from Hole 055 (31.5 m of 4.15 g/t Au) and Hole 056 (16.4 m @ 5.85 g/t Au). The new mineralization style includes galena and shows characteristics typical of zoned porphyry systems. Hole 057 showed strong gold anomalies throughout its 211-m length, with two sections averaging 0.41 g/t over 24.0 m and 0.51 g/t over 35.3 m.
The company plans to commence follow-up drilling in March after the PDAC Convention, focusing on extending the Thunder Zone and further exploring the promising results from Blue Sky and Thunder North zones.
Tower Resources (TSXV: TWR) has announced its participation in the 2025 AME Roundup Conference in Vancouver, British Columbia, scheduled from January 20 to January 25, 2025. The company will be present at Booth #1020 on January 22-23, where key team members, including Stu Averill, will engage with industry professionals and investors.
The team will showcase their flagship Rabbit North Project and the newly discovered Blue Sky zone. The AME Roundup Conference is a significant industry event that attracts over 6,500 participants, including geoscientists, executives, investors, and government representatives, focusing on critical minerals, technological advancements, and sustainable practices in mineral exploration.
Tower Resources (TSXV: TWR) has reported significant gold assays from Hole RN24-056 at the Thunder North gold zone on its Rabbit North property. The hole intersected 15.85 meters of continuous gold mineralization averaging 5.80 g/t Au, including high-grade intervals of 4.5m averaging 13.97 g/t Au and 4.35m averaging 5.70 g/t Au.
The results extend the Thunder North discovery 250 meters along strike to the east at double the gold grade of the 2023 discovery intersection. This follows the recent success at the Blue Sky Zone, where Hole 055 discovered 31.5m averaging 4.15 g/t Au. The company has made three new discoveries of successively higher Au grades in just 36 holes totaling 10,000m.
The mineralization shows elevated bismuth and tellurium levels, indicating a second, lower-temperature mineralizing event that upgraded the initial gold mineralization. Tower plans to commence follow-up drilling in March, taking advantage of the property's year-round accessibility.
CEO.CA Technologies , a leading investor social network for junior resource and venture stocks, recently featured an interview with Stu Averill, geologist at Tower Resources (TSXV: TWR) (OTCQB: TWRFF) as part of their 'Inside the Boardroom' series. The interview focused on Tower Resources' new discovery at the Blue Sky Zone and upcoming assay results.
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