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An update from Tower Resources ( (TSE:TWR) ) is now available.
Tower Resources reported assay results from the remaining five holes of its late-2025 diamond drilling program at the Rabbit North gold project near Kamloops, B.C., with all but one hole intersecting significant gold mineralization. The program targeted the high-grade, volcanic-hosted Thunder North zone and the broader, diorite-hosted Blue Sky zone, underscoring the scale potential of this early-stage orogenic gold discovery.
Flagship Hole 072 at Thunder North returned the project’s highest-grade intersection to date, averaging 40.05 grams per tonne gold over 6.3 metres, including 237 g/t over 0.95 metres, and also cut 34.15 metres of 1.02 g/t gold in the Thunder zone, interpreted as its southward-faulted extension. Additional results from Blue Sky, including 27.5 metres of 1.24 g/t gold with higher-grade intervals, and management’s confidence in the growing frequency of high-grade hits highlight improving structural understanding and support Rabbit North’s emerging significance as a major new gold system in the Kamloops district.
The most recent analyst rating on (TSE:TWR) stock is a Sell with a C$0.16 price target. To see the full list of analyst forecasts on Tower Resources stock, see the TSE:TWR Stock Forecast page.
Spark’s Take on TWR Stock
According to Spark, TipRanks’ AI Analyst, TWR is a Neutral.
The score is primarily held down by very weak financial performance (no reported revenue, widening losses, and persistent negative operating/free cash flow). Technical indicators also point to weak momentum with price below key moving averages and negative MACD. Valuation provides limited support due to negative earnings and no provided dividend yield.
To see Spark’s full report on TWR stock, click here.
More about Tower Resources
Tower Resources is a Canadian mineral exploration company focused on orogenic gold discoveries at its Rabbit North project in British Columbia’s Kamloops mining district. The property lies within a prolific porphyry copper belt, positioning the company to target structurally hosted gold mineralization in a well-established mining jurisdiction.
Average Trading Volume: 96,444
Technical Sentiment Signal: Buy
Current Market Cap: C$29.46M
Learn more about TWR stock on TipRanks’ Stock Analysis page.
