Tower Resources Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for Tower Resources Ltd
Perm ID: 1-4296414722
https://www.towerresources.ca/
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Tower Contracts Diamond Drill to Fine-Tune the High-Grade Blue Sky, Thunder, and Thunder North Gold Discoveries in Preparation for a Larger, 3000-m Test of the Overall Rabbit North Gold System
Tower Resources Ltd. has contracted a diamond drill for a major 3000-meter drilling campaign on its Rabbit North property in British Columbia to assess the economic potential of gold discoveries at the Blue Sky, Thunder, and Thunder North zones.
Tower Encounters a New Style of Gold Mineralization with High-Grade Silver in Hole 058 at Rabbit North, Adding to the Exceptional Au Results from Holes 055 and 056
Tower Resources Ltd. announced positive assay results from its October 2024 drilling program at the Rabbit North property, revealing new gold and high-grade silver mineralization in Hole RN24-058, which includes significant intersections of galena and other metals.
Tower Resources Ltd. Announces Participation in the 2025 AME Roundup Conference
Tower Resources Ltd. will participate in the 2025 AME Roundup Conference in Vancouver from January 20-25, showcasing its exploration projects at Booth #1020. The event focuses on critical minerals and innovation in mining, attracting over 6,500 industry participants.
Tower's Big, 250-m Step-Out in Hole 56 at Thunder North Pays Off with a Long, 15.8 m Intersection Averaging 5.80 g/t Gold, Building on Hole 55's 31.5 m of 4.15 g/t Au at Blue Sky
Tower Resources Ltd. announces significant gold assay results from Hole RN24-056 at the Thunder North gold zone in Kamloops, extending the discovery by 250 m with higher grades than previous findings. The company is rapidly increasing its gold resource at Rabbit North.
Blue Sky Discovery Delivers for Tower as Expected; Hole 55 Intersects 31.5 m of 4.15 g/t Au, Hits Seven Overlying Gold Zones Including 9.0 m of 2.92 g/t Au
Tower Resources Ltd. reports promising gold assays from hole RN24-055 at the Blue Sky discovery in the Kamloops mining district, revealing an intersection of 31.5 m averaging 4.15 g/t Au, along with several other anomalous gold zones, indicating strong development potential.
Tower Announces Closing of Private Placement
Tower Resources Ltd. has raised $800,000 through a non-brokered flow-through private placement, issuing 5,333,334 units at $0.15 each. Proceeds will fund Canadian Exploration Expenses for drilling. A finder's fee of $48,000 was paid, and all securities are subject to a hold period until April 2025.
Tower Announces Private Placement, Grant of Equity Incentives and Advertising Services Agreement
Tower Resources plans an $800K non-brokered private placement for exploration expenses.
Tower Reports Exceptional Exploration Success on Its October Drilling Program at Rabbit North, Discovers the Faulted Western Half of the Lightning Zone and a New, More Strongly Mineralized Gold Zone, "Blue Sky", 300 m to the North
Tower Resources Ltd. has reported significant success with its October drilling program at the Rabbit North property in the Kamloops mining district. The four-hole program discovered not only the faulted western half of the Lightning Zone but also a new and stronger mineralized gold zone, named "Blue Sky". This discovery significantly increases the gold potential of the property. The drilling involved four holes, totaling 1096 meters. The new "Blue Sky" zone was discovered 300 m north of the Lightning Zone.
