Tower Hits High-Grade 23.63 g/t Gold over 6.02 m Near Surface in Hole 060 at Blue Sky, 70 m NE of Hole 055, Underscoring the Potential of the Durand Diorite to Host a Substantial Gold Deposit
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) ha riportato risultati eccezionali nelle analisi dell'oro dalla sua proprietà Rabbit North, situata nel distretto minerario di Kamloops. Il dato più rilevante proviene dal foro 060, che ha intercettato 23,63 g/t di oro su 6,02 metri vicino alla superficie, a 70 metri a nord-est rispetto al foro di scoperta precedente, il 055.
La campagna di perforazione ha esteso con successo la zona aurifera Blue Sky di 70 metri lungo la direzione di immersione e 90 metri verso l'alto, arrivando a soli 55 metri dalla superficie. Anche il foro 059 ha fornito risultati promettenti con 7,6 metri a 3,28 g/t di oro. Questi risultati indicano che la zona aurifera si estende verso nord-est nel Durand Diorite Stock, suggerendo un potenziale deposito aurifero significativo.
Tower Resources (TSXV: TWR) ha informado resultados excepcionales en los ensayos de oro de su propiedad Rabbit North, ubicada en el distrito minero de Kamloops. El punto destacado proviene del Pozo 060, que intersectó 23.63 g/t de oro en 6.02 metros cerca de la superficie, situado a 70 m al noreste del pozo de descubrimiento previo, el 055.
La campaña de perforación extendió con éxito la zona aurífera Blue Sky 70 m a lo largo de la dirección y 90 m hacia arriba, llegando a solo 55 m de la superficie. El pozo 059 también entregó resultados prometedores con 7.6 m de 3.28 g/t de oro. Los hallazgos indican que la zona de oro se extiende hacia el noreste en el Durand Diorite Stock, lo que sugiere un potencial para un depósito de oro sustancial.
Tower Resources (TSXV: TWR)는 Kamloops 광산 지구에 위치한 Rabbit North 부지에서 뛰어난 금 시료 결과를 보고했습니다. 가장 주목할 만한 결과는 홀 060에서 나왔으며, 이는 이전 발견된 홀 055에서 북동쪽으로 70m 떨어진 지표 근처에서 6.02미터 구간에 23.63 g/t 금이 교차된 것입니다.
시추 캠페인은 Blue Sky 금 구역을 주향으로 70m, 상향으로 90m 확장하여 지표에서 55m 이내까지 도달하는 데 성공했습니다. 홀 059도 7.6미터 구간에 3.28 g/t 금이라는 유망한 결과를 보여주었습니다. 이 결과들은 금 구역이 Durand Diorite Stock 쪽으로 북동향으로 뻗어 있음을 나타내며, 상당한 금 매장 가능성을 시사합니다.
Tower Resources (TSXV: TWR) a annoncé des résultats exceptionnels d'analyses aurifères sur sa propriété Rabbit North, située dans le district minier de Kamloops. Le point fort provient du trou 060, qui a intercepté 23,63 g/t d'or sur 6,02 mètres près de la surface, à 70 m au nord-est du trou de découverte précédent, le 055.
La campagne de forage a réussi à étendre la zone aurifère Blue Sky de 70 m en direction du filon et 90 m vers le haut, jusqu'à 55 m de la surface. Le trou 059 a également donné des résultats prometteurs avec 7,6 m à 3,28 g/t d'or. Ces résultats indiquent que la zone aurifère s'étend vers le nord-est dans le Durand Diorite Stock, suggérant un potentiel pour un important gisement d'or.
Tower Resources (TSXV: TWR) hat außergewöhnliche Goldanalysenergebnisse von seinem Rabbit North Grundstück im Bergbaudistrikt Kamloops gemeldet. Das Highlight stammt aus Bohrloch 060, das 23,63 g/t Gold über 6,02 Meter nahe der Oberfläche durchteufte, etwa 70 m nordöstlich des vorherigen Entdeckungsbohrlochs 055.
Die Bohrkampagne verlängerte die Blue Sky Goldzone erfolgreich um 70 m entlang des Streichens und 90 m nach oben bis auf 55 m unter die Oberfläche. Auch Bohrloch 059 lieferte vielversprechende Ergebnisse mit 7,6 m bei 3,28 g/t Gold. Die Ergebnisse deuten darauf hin, dass die Goldzone nordöstlich in den Durand Diorite Stock streicht, was auf ein erhebliches Goldvorkommen hindeutet.
- Exceptional high-grade gold intersection of 23.63 g/t over 6.02m in Hole 060
- Multiple additional gold zones discovered, including four zones averaging 1.0 g/t Au within a 22.5m interval
- Successfully extended Blue Sky zone by 70m along strike and 90m upward
- Near-surface mineralization discovered, just 55m from surface
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report the gold assays from the first two of four holes, Nos. RN-25-059 and 060, drilled in May on the Company's Rabbit North property in the heart of the Kamloops mining district (see Fig. 1). Hole 060, a 70 m step-out northeast into the Durand Diorite Stock (Fig. 2) from the diorite-hosted Blue Sky gold discovery in Hole RN-24-055 on the western edge of the stock (31.5 m of 4.15 g/t Au; see December 23, 2024 news release), intersected an exceptional 23.63 g/t Au over 6.02 metres. Hole 059, drilled above Hole 055, cut 7.6 m of 3.28 g/t Au and ended in mineralization grading 4.85 g/t Au.
Overview
The primary objective of the small May drilling campaign was to determine the strike and dip of the Blue Sky gold trend to aid in siting holes for a much larger drilling program that the Company is currently planning, especially longer, deeper holes given the great depth extent that is usual for such shear-hosted gold mineralization and the apparent subvertical attitude of the zone. Both Holes 059 and 060 successfully intersected the Blue Sky zone, extending it 70 m along strike and 90 m upward to within 55 m of surface. The drilling further showed that gold zone strikes northeast, well into the Durand Diorite toward the historical gold intersection in Hole 90-05 (40 m vertically @ 1.78 g/t Au), ~1 km further northeast (see Fig. 2).
Figure 2 – "Horsetail" shear zone model for the Rabbit North gold system. See Table 2 for detailed Au analyses.
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Hole 060 Results
Hole 060 was drilled parallel to and 70 m east of discovery hole No. 055 but at a shallower dip (-45 versus -60○) and, due to terrain conditions, oriented southeast rather than northwest. Except for a near-surface slab of diorite-entrained volcanics, the core was entirely of Durand Diorite ‒ the gold host rock in the discovery hole. In Hole 060, the 6.02 m interval from 84.14 m down-hole ‒ just 55 m from surface and nearly 100 m higher than the ~150-m-deep discovery intersection in Hole 055 ‒ returned an exceptional 23.63 g/t Au including 1.95 m of 51.30 g/t Au (see Table 1). Like the discovery hole, Hole 060 intersected six additional gold zones ranging from 1.82 m of 1.78 g/t Au to 7.12 m of 1.49 g/t Au (see Table 2). Importantly from a mineral resource perspective, four of these zones occur within a 22.5 m interval from 44.5 m down-hole, and thus above the high-grade gold zone, that averages 1.0 g/t Au.
Table 1 - Breakdown of Au analyses from the Blue Sky zone in Hole 060.
| Sample Interval (m) | Au Grade (g/t) | ||
| From | To | Length | |
| 84.14 | 85.00 | 0.86 | 14.50 |
| 85.00 | 86.00 | 1.00 | 8.07 |
| 86.00 | 87.00 | 1.00 | 17.20 |
| 87.00 | 88.95 | 1.95 | 51.30 |
| 88.95 | 90.16 | 1.21 | 3.71 |
Although the Blue Sky gold intersection in Hole 060 is of a much higher grade than the similarly diorite-hosted intersection in Hole 055, it is not as strongly altered (pyritized). This may be due to the presence of excess magnetite in the Hole 060 diorite as magnetite is an efficient scavenger of gold from hydrothermal fluids. As in Hole 055, the Au is accompanied by minor Cu (0.1
Hole 059 Results
Hole 059 was collared forward of and in line with (i.e. above) Hole 055 and drilled at a shallower -45○ dip with the intent of intersecting, closer to surface, the diorite-volcanic contact that constrains the Blue Sky zone in Hole 055. It overshot the contact and entered the volcanics directly, indicating that the contact passes between the two holes and dips outward to the west.
Hole 059 intersected the presumed up-dip, volcanic-hosted part of the Blue Sky shear zone ~50 m above the diorite-hosted discovery intersection in Hole 055, cutting 7.60 m of 3.28 g/t Au from 137.4 m down-hole (see Fig. 2), including 0.97 m of 16.20 g/t Au (see Table 2). Two narrower gold zones were encountered higher in the hole, including 4.08 m of 2.05 g/t Au. Furthermore, the bottom sample from the hole, spanning 0.9 m of altered volcanics, returned 4.85 g/t Au, suggesting the possible presence ~40 m north of Blue Sky of a significantly mineralized, volcanic-hosted shear zone similar to Thunder North.
Table 2 - Significant gold intercepts of the shear-hosted type from the Thunder, Lightning and Blue Sky trends. The Au-Ag-Pb-Zn zone intersected in Hole 058 is included but gold-bearing intercepts of the porphyry Cu-Au type are excluded. The core diameter was NQ. Gold values are uncut. Samples with Au grades greater than 15 g/t are shown individually. True widths have not been determined.
| Total Depth (m) | Mineralized Interval(s) | Average Au Grade (g/t) | ||||||||
| Hole No. | Easting (m) | Northing (m) | Azimuth (°) | Dip (°) | Mineralized Zone(s) | From (m) | To (m) | Length (m) | ||
| RN21-026 | 663345 | 5607460 | 60 | -60 | 197.0 | Lightning | 51.0 | 144.2 | 93.2 | 1.42 |
| Including | 113.2 | 132.4 | 19.2 | 4.21 | ||||||
| RN21-027 | 663339 | 5607455 | 300 | -65 | 209.0 | Undetermined | 113.7 | 118.7 | 5.0 | 2.09 |
| Undetermined | 140.9 | 150.6 | 9.7 | 1.32 | ||||||
| RN22-028 | 663378 | 5607499 | 130 | -80 | 293.0 | Lightning | 36.5 | 174.5 | 138.0 | 1.55 |
| Including | 45.5 | 70.0 | 24.5 | 4.76 | ||||||
| Including | 57.5 | 59.0 | 1.5 | 43.60 | ||||||
| Including | 69.0 | 70.0 | 1.0 | 27.80 | ||||||
| RN22-029 | 663414 | 5607464 | 310 | -60 | 374.0 | Lightning | 18.5 | 89.0 | 70.5 | 1.78 |
| Including | 62.0 | 75.5 | 13.5 | 4.92 | ||||||
| Including | 66.5 | 68.0 | 1.5 | 20.50 | ||||||
| RN22-030 | 663450 | 5607504 | 310 | -70 | 236.0 | Undetermined | 47.0 | 52.0 | 5.0 | 0.99 |
| Lightning | 130.0 | 137.0 | 7.0 | 1.35 | ||||||
| Lightning | 146.0 | 156.5 | 10.5 | 3.40 | ||||||
| RN22-031 | 663450 | 5607506 | 310 | -45 | 230.0 | Undetermined | 158.0 | 164.0 | 6.0 | 1.94 |
| Lightning North | 189.0 | 211.0 | 22.0 | 2.09 | ||||||
| Including | 209.0 | 210.0 | 1.0 | 19.20 | ||||||
| RN22-033 | 663481 | 5607558 | 310 | -45 | 187.0 | Lightning North | 113.0 | 114.0 | 1.0 | 69.20 |
| RN22-036 | 663326 | 5607534 | 80 | -75 | 220.5 | Undetermined | 161.1 | 179.1 | 18.0 | 0.89 |
| RN22-037 | 663353 | 5607580 | 250 | -60 | 185.0 | Undetermined | 19.1 | 22.1 | 3.0 | 2.59 |
| Undetermined | 110.4 | 136.0 | 25.6 | 0.66 | ||||||
| RN22-038 | 663307 | 5607420 | 52 | -60 | 291.0 | Undetermined | 60.0 | 69.9 | 9.9 | 0.85 |
| Lightning | 136.0 | 184.0 | 48.0 | 1.57 | ||||||
| Including | 141.0 | 142.9 | 1.9 | 22.50 | ||||||
| RN23-039 | 662871 | 5607561 | 144 | -45 | 356.0 | Undetermined | 142.7 | 145.7 | 3.0 | 4.20 |
| Thunder North | 163.5 | 173.7 | 10.2 | 1.46 | ||||||
| Thunder North | 177.2 | 192.8 | 15.6 | 2.41 | ||||||
| Including | 191.0 | 191.8 | 0.8 | 25.40 | ||||||
| RN23-040 | 662908 | 5607578 | 142 | -45 | 263.0 | Thunder North | 188.7 | 196.3 | 7.7 | 1.42 |
| RN23-041 | 662944 | 5607238 | 17 | -46 | 303.5 | Thunder | 124.8 | 138.0 | 13.3 | 3.28 |
| Thunder | 148.0 | 158.1 | 10.1 | 2.16 | ||||||
| RN23-045 | 663388 | 5607461 | 359 | -80 | 299.0 | Lightning | 52.0 | 144.0 | 92.0 | 1.13 |
| Including | 124.0 | 144.0 | 20.0 | 2.13 | ||||||
| RN24-051 | 663155 | 5607300 | 350 | -50 | 281.0 | Thunder-Lightning | 244.23 | 248.5 | 4.27 | 6.06 |
| Including | 247.8 | 248.5 | 0.7 | 24.00 | ||||||
| RN24-055 | 663433 | 5607852 | 314.7 | -60 | 332.0 | Above Blue Sky | 79 | 83.0 | 4.0 | 2.05 |
| Above Blue Sky | 92.3 | 95 | 2.7 | 3.15 | ||||||
| Above Blue Sky | 121.5 | 123.3 | 1.8 | 8.48 | ||||||
| Above Blue Sky | 152.75 | 155.5 | 2.8 | 1.80 | ||||||
| Above Blue Sky | 196.4 | 198.0 | 1.6 | 4.66 | ||||||
| Above Blue Sky | 201 | 211.6 | 10.6 | 1.54 | ||||||
| Above Blue Sky | 231 | 240.0 | 9.0 | 2.92 | ||||||
| Blue Sky | 255 | 286.5 | 31.5 | 4.15 | ||||||
| Including | 278.7 | 279.7 | 1.0 | 17.10 | ||||||
| RN24-056 | 663014 | 5607544 | 143.0 | -60 | 200.0 | Thunder North | 139.50 | 155.35 | 15.85 | 5.80 |
| Including | 139.50 | 144.00 | 4.50 | 13.97 | ||||||
| Including | 139.50 | 140.25 | 0.75 | 65.30 | ||||||
| Including | 151.00 | 155.35 | 4.35 | 5.70 | ||||||
| RN24-057 | 663227 | 5607435 | 337 | -65 | 211.0 | Lightning Offset | 24.0 | 48.0 | 24.0 | 0.41 |
| Lightning Offset | 102.0 | 137.3 | 35.3 | 0.51 | ||||||
| RN24-058 | 663146 | 5607359 | 350 | -75 | 353.0 | Undetermined | 276.5 | 279.5 | 3.00 | 1.47 |
| RN25-059 | 663389 | 5607884 | 315 | -45 | 201.9 | Undetermined | 104.92 | 109.00 | 4.08 | 2.05 |
| Undetermined | 121.08 | 123.08 | 2.00 | 1.38 | ||||||
| Undetermined | 137.40 | 145.00 | 7.60 | 3.28 | ||||||
| Including | 137.40 | 138.37 | 0.97 | 16.20 | ||||||
| Undetermined | 201.00 | 201.90 | 0.90 | 4.85 | ||||||
| RN25-060 | 663308 | 5608058 | 135 | -45 | 244.0 | Undetermined | 45.00 | 47.69 | 2.49 | 1.75 |
| Undetermined | 51.70 | 53.88 | 2.18 | 4.51 | ||||||
| Undetermined | 58.30 | 60.12 | 1.82 | 1.78 | ||||||
| Undetermined | 64.50 | 67.57 | 3.07 | 1.49 | ||||||
| Blue Sky | 84.14 | 90.16 | 6.02 | 23.63 | ||||||
| Including | 84.14 | 88.95 | 4.81 | 28.64 | ||||||
| Including | 87.00 | 88.95 | 1.95 | 51.30 | ||||||
| Undetermined | 171.00 | 178.12 | 7.12 | 1.49 | ||||||
| Undetermined | 207.00 | 210.00 | 3.00 | 2.25 | ||||||
Next Steps
By successfully intersecting the Blue Sky gold zone 50 to 100 m above and up to 70 m northeast of the Hole 055 discovery intersection, Holes 059 and 060 have provided sufficient orientation data to guide placement of the drill holes that are being planned to follow the gold structure along strike and to depth. Hole 061 also targeted the Blue Sky zone and the Au analyses pending from this hole should provide additional control data. Hole 062, which targeted the eastern extension of Thunder North, is expected to be similarly helpful there.
Methods and Qualified Person
The drill core was logged at Tower's leased, fully equipped core facility near Kamloops by and/or under the direction Matthew Husslage, P.Geo. Mr. Husslage has managed or co-managed all of Tower's Rabbit North diamond drilling programs since the discovery of the Lightning Zone in December 2021.
Split samples of the core, generally 1.0 or 1.5 m in length, were delivered directly to Activation Laboratories (ActLabs) in Kamloops, BC, a laboratory certified as ISO/IEC 17025 Accredited (Lab 790) by the Standards Council of Canada. QA/QC samples including blanks and standards were inserted regularly into the sample sequence at a ratio of approximately 1:20.
The samples were analyzed for Au by fire assay and ICP-OES and for Ag and 36 additional elements by ICP-OES using a four-acid, near-total digestion. Any over-limit (>5 g/t) Au analyses were repeated using the same fire assay procedure but with a gravimetric rather than ICP finish.
The technical content of this news release has been reviewed and approved by Stuart Averill, P.Geo., a director of the Company and a Qualified Person as defined by National Instrument 43-101.
About Tower Resources
Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in the Americas. The Company's key exploration assets, all in B.C., are the Rabbit North orogenic gold and porphyry copper-gold project located between the New Afton copper-gold and Highland Valley copper mines in the Kamloops mining district, the Nechako porphyry-associated gold-silver project near Artemis' Blackwater project and the More Creek epithermal gold project on the critical "red line" structural zone connecting the mineral deposits of the Golden Triangle.
On behalf of the Board of Directors,
Tower Resources Ltd.
Joe Dhami, President and CEO
(778) 996-4730
www.towerresources.ca
Reader Advisory
This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Figure 1 – Location of the Rabbit North property.
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FAQ
What were the main gold assay results from Tower Resources' Hole 060 at Rabbit North?
How far did Tower Resources extend the Blue Sky gold zone with the latest drilling?
What were the gold assay results from Hole 059 at Tower Resources' Rabbit North property?
Where is Tower Resources' Rabbit North property located?
What is the significance of the Durand Diorite Stock in Tower Resources' latest findings?
