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The latest announcement is out from Tower Resources ( (TSE:TWR) ).
Tower Resources Ltd. has contracted a diamond drill to advance the exploration of its high-grade Blue Sky, Thunder, and Thunder North gold discoveries at the Rabbit North property. This initiative aims to prepare for a larger 3000-meter drilling campaign to evaluate the economic potential of the gold system. The drilling will focus on testing the continuity of gold zones and could impact the company’s operations by potentially expanding its resource base and enhancing its market positioning.
More about Tower Resources
Tower Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold properties. The company is primarily engaged in identifying and assessing high-grade gold zones within its Rabbit North property near Kamloops, British Columbia.
YTD Price Performance: -25.00%
Average Trading Volume: 88,726
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$19.34M
For detailed information about TWR stock, go to TipRanks’ Stock Analysis page.
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