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Tower Resources ( (TSE:TWR) ) has issued an announcement.
Tower Resources has reported initial assay results from six of eleven late-2025 drill holes at its Rabbit North property, significantly expanding the near-surface, open-pit gold resource potential in the Blue Sky zone. Broad diorite-hosted mineralization in Hole 064, including 172.74 metres at 0.65 g/t gold starting just below 40 metres of cover, together with similar long intersections in Holes 065 and 055, outlines a near-surface footprint of roughly 120 by 140 metres, with additional shallow mineralization encountered 200 metres to the northeast.
At the Thunder North zone, Hole 069 cut three shallow, closely spaced mineralized bands grading between 2.04 and 2.42 g/t gold, beginning roughly 30 metres below surface and extending the zone 100 metres eastward toward Blue Sky. The geometry of these intersections suggests the Thunder North structure may bend or be faulted toward Blue Sky beneath basalt cover, supporting the potential to link the two zones through step-out drilling and reinforcing Tower’s strategy to de-risk a continuous, near-surface gold resource along its 2-kilometre trend.
Spark’s Take on TSE:TWR Stock
According to Spark, TipRanks’ AI Analyst, TSE:TWR is a Neutral.
The overall score reflects significant financial challenges, with no revenue and persistent losses weighing heavily. Technical indicators suggest weak momentum, further dampening the outlook. However, recent positive corporate events, such as new resource discoveries, offer some promise for future potential, slightly boosting the score.
To see Spark’s full report on TSE:TWR stock, click here.
More about Tower Resources
Tower Resources Ltd. is a Canadian mineral exploration company focused on gold and copper projects, notably its Rabbit North property in British Columbia’s Kamloops porphyry copper mining district. The company is advancing near-surface, open-pit-style gold targets along a 2-kilometre mineralized trend, aiming to define an economic resource within a well-established mining camp.
Average Trading Volume: 82,060
Technical Sentiment Signal: Buy
Current Market Cap: C$35.52M
Find detailed analytics on TWR stock on TipRanks’ Stock Analysis page.