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Tower Resources ( (TSE:TWR) ) has provided an announcement.
Tower Resources will showcase drill core from the Blue Sky and Thunder North gold zones at its Rabbit North project during the AMEBC Roundup conference in Vancouver on January 28–29, as it awaits assay results from 11 holes completed in late 2025. The latest drilling is aimed at better defining the contact between the Durand diorite stock and Nicola volcanics beneath volcanic and gravel cover at Blue Sky, extending high-grade mineralization toward a strong till gold anomaly, and testing the continuity and depth extent of the Thunder North zone while narrowing an untested 500-metre gap between the two zones. Core from Hole RN25-064, which intersected multiple pyritized shear zones and quartz-feldspar porphyry dykes beneath cover, is highlighted as providing important support for the company’s orogenic gold model at Rabbit North and will be used to discuss the timing and controls of gold-pyrite mineralization with investors and technical audiences at the conference.
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 exploration at its Rabbit North property in British Columbia, where it is targeting orogenic-style gold systems associated with the Durand diorite stock and surrounding Nicola volcanics.
Average Trading Volume: 70,968
Technical Sentiment Signal: Buy
Current Market Cap: C$35.45M
See more data about TWR stock on TipRanks’ Stock Analysis page.