Welcome to our dedicated page for Tower Res news (Ticker: TWRFF), a resource for investors and traders seeking the latest updates and insights on Tower Res stock.
Overview
Tower Res Ltd (TWRFF) is a Canadian-based mineral exploration company specializing in the discovery and advancement of high-grade orogenic gold and porphyry copper-gold mineralization projects within British Columbia. With a focused strategy on properties such as the renowned Rabbit North project, Tower Res Ltd has established itself as a key player in an industry defined by its technical precision and innovation in drilling and geological analysis.
Core Business and Exploration Strategy
The company’s primary operations are concentrated in the Kamloops mining district, where its exploration efforts target complex, structurally controlled gold deposits. Tower Res Ltd employs systematic drilling programs to identify and delineate mineralized shear zones including the widely recognized Lightning, Thunder, and the newly discovered Blue Sky zones. These drilling campaigns are supported by advanced core logging, rigorous QA/QC protocols, and comprehensive assay techniques that together provide reliable data and enhance the geological model underpinning the company’s properties.
Technical Excellence and Expertise
Utilizing cutting-edge methods such as fire assay, ICP-OES analysis, and magnetic surveys, Tower Res Ltd demonstrates its commitment to technical excellence. The company’s initiatives are characterized by:
- Detailed geological modeling: Advanced interpretation of structural trends and mineralized zones across varied lithologies.
- Robust drilling programs: Systematic infill and step-out drilling methods aimed at confirming the continuity of high-grade intercepts.
- Quality assurance: Implementation of strict QA/QC measures during core cutting and analysis to ensure data reliability.
This technical rigor not only solidifies Tower Res Ltd's operational integrity but also underlines its expertise in deciphering complex mineral systems, making its investment thesis clear and grounded in verifiable scientific methods.
Market Position and Competitive Landscape
In the competitive realm of junior mining and exploration, Tower Res Ltd distinguishes itself by focusing on under-explored yet promising geological settings in one of North America’s premier mining regions. Its portfolio of projects, which includes key assets adjacent to established mining operations, positions the company strategically within the broader resource sector. Tower Res Ltd’s methodical approach, based on proven orogenic models and systematic drilling, enables it to effectively navigate challenges common in early-stage mineral exploration while delivering detailed insights essential for informed assessment by researchers and investors.
Operational Highlights and Industry Impact
The company’s rigorous exploration process is a testament to its commitment to precision and scientific integrity. By uncovering complex mineralized systems and refining structural interpretations, Tower Res Ltd not only advances the understanding of its key assets but also contributes valuable geological insights within its operating region. Through its detailed documentation and transparent reporting, the company fosters trust and credibility among stakeholders, positioning itself as a reliable source of expertise in the mineral exploration community.
Conclusion
Tower Res Ltd is a comprehensive exploration enterprise that leverages high-caliber technical methodology and industry-specific expertise to identify and develop promising gold and base metal projects. Its strategic focus on the Rabbit North property and its systematic approach to revealing mineralized trends underscore the company’s dedication to excellence in exploration. This detailed, evergreen overview serves to inform investors and industry professionals, reinforcing the company’s role as an informed, technically adept player in the Canadian mining sector.
Tower Resources (TSXV: TWR) has contracted a diamond drill to further explore three high-grade gold discoveries - Blue Sky, Thunder, and Thunder North - at its Rabbit North property near Kamloops, British Columbia. This drilling program precedes a planned larger 3000-m campaign to assess the economic potential of the orogenic gold system.
The program includes:
- Blue Sky Zone: Four holes planned to test continuity of both a high-grade zone (31.5m at 4.15 g/t Au) and a low-grade interval (158m at 0.75 g/t Au) from hole RN-24-055
- Thunder North Zone: Two holes stepping east at 50m intervals from Hole 056, which previously yielded 15.85m of 5.80 g/t Au
- Thunder Zone: One or two holes planned east of discovery Hole 041, which previously intersected 13.3m of 3.28 g/t Au and 10.1m of 2.16 g/t Au
Tower Resources (TWRFF) has reported significant findings from its October drilling program at the Rabbit North property in Kamloops. Hole RN24-058 revealed a new style of gold and high-grade silver mineralization, yielding 1.47 g/t Au and 32.93 g/t Ag over 3.0 meters, along with notable levels of Pb (0.12%) and Zn (0.1%).
This follows previous exceptional results from Hole 055 (31.5 m of 4.15 g/t Au) and Hole 056 (16.4 m @ 5.85 g/t Au). The new mineralization style includes galena and shows characteristics typical of zoned porphyry systems. Hole 057 showed strong gold anomalies throughout its 211-m length, with two sections averaging 0.41 g/t over 24.0 m and 0.51 g/t over 35.3 m.
The company plans to commence follow-up drilling in March after the PDAC Convention, focusing on extending the Thunder Zone and further exploring the promising results from Blue Sky and Thunder North zones.
Tower Resources (TSXV: TWR) has announced its participation in the 2025 AME Roundup Conference in Vancouver, British Columbia, scheduled from January 20 to January 25, 2025. The company will be present at Booth #1020 on January 22-23, where key team members, including Stu Averill, will engage with industry professionals and investors.
The team will showcase their flagship Rabbit North Project and the newly discovered Blue Sky zone. The AME Roundup Conference is a significant industry event that attracts over 6,500 participants, including geoscientists, executives, investors, and government representatives, focusing on critical minerals, technological advancements, and sustainable practices in mineral exploration.
Tower Resources (TSXV: TWR) has reported significant gold assays from Hole RN24-056 at the Thunder North gold zone on its Rabbit North property. The hole intersected 15.85 meters of continuous gold mineralization averaging 5.80 g/t Au, including high-grade intervals of 4.5m averaging 13.97 g/t Au and 4.35m averaging 5.70 g/t Au.
The results extend the Thunder North discovery 250 meters along strike to the east at double the gold grade of the 2023 discovery intersection. This follows the recent success at the Blue Sky Zone, where Hole 055 discovered 31.5m averaging 4.15 g/t Au. The company has made three new discoveries of successively higher Au grades in just 36 holes totaling 10,000m.
The mineralization shows elevated bismuth and tellurium levels, indicating a second, lower-temperature mineralizing event that upgraded the initial gold mineralization. Tower plans to commence follow-up drilling in March, taking advantage of the property's year-round accessibility.
CEO.CA Technologies , a leading investor social network for junior resource and venture stocks, recently featured an interview with Stu Averill, geologist at Tower Resources (TSXV: TWR) (OTCQB: TWRFF) as part of their 'Inside the Boardroom' series. The interview focused on Tower Resources' new discovery at the Blue Sky Zone and upcoming assay results.
CEO.CA, established in 2012 and now a subsidiary of EarthLabs, Inc., serves millions of visitors annually, connecting investors globally to discuss stocks, commodities, and emerging companies. The platform offers free access and features industry-leading mobile functionality.
Tower Resources (TSXV: TWR) reported complete gold assays from Blue Sky discovery hole RN24-055 at the Rabbit North property in Kamloops mining district. The main Blue Sky intersection yielded 4.15 g/t Au over 31.5 meters, with seven additional gold zones discovered above it. Notable among these is a zone returning 2.92 g/t over 9.0 metres located just 15m above Blue Sky.
The mineralization occurs under approximately 63m of cover, including glacial till, Chilcotin basalt flows, and saprolite. The gold grade is relatively uniform without erratic high-grade outliers, ranging from 0.44 to 17.10 g/t across 35 core samples. The company has received laboratory analyses for Holes 056 to 058 and plans to release these results in early 2024.
Tower Resources reports successful results from its 4-hole October drilling program at Rabbit North property in Kamloops. The company discovered the Blue Sky Zone, a new gold mineralization area 300m north of the Lightning Zone, showing grades up to 8.8 g/t Au and averaging 4.0 g/t Au - nearly triple the Lightning Zone's grade. The 32.5m wide mineralized zone includes intense quartz-sericite-pyrite alteration and quartz veining.
The program also located the western half of the faulted Lightning Zone and extended the Thunder North Zone by 150m eastward. All four holes (RN24-055 to 058) intersected shear-hosted mineralization, totaling 1096 metres of drilling.
Tower Resources (TSXV: TWR) has launched a follow-up drilling program at its Rabbit North property, building on the success of hole RN24-051 from the June drilling program. The previous hole, located between the Lightning and Thunder Gold zones, yielded the highest average gold grade to date from the Lightning-Thunder trend, with 6.06 g/t Au over 4.27m, including 24.0g/t Au over 0.7m.
The fall drilling campaign is progressing well, with core logging and sample analysis underway. Matthew Husslage, P.Geo, who has overseen over 8,000 meters of drilling since 2021, continues to refine the geological model and expand known mineralized zones. The current strategy aims to explore mineralization continuity along the Thunder-Lightning gold trends and expand existing boundaries through step-out drilling.
Tower Resources (TSXV: TWR) has received partial assays for its initial 2024 drilling program on the Rabbit North property in the Kamloops mining district. The company reports positive gold results, particularly from Hole 051, which intersected 6.06 g/t Au over 4.27 m including 24.0 g/t over 0.7 m. This high-grade intersection connects the Lightning and Thunder Gold Zones, confirming continuity of mineralization along a previously untested 450 m gap.
The drilling campaign comprised five shallow holes, with complete assays received for Holes 51 and 54. Hole 054, drilled west of the Thunder North discovery hole, intersected mineralized ash tuff and quartz-feldspar porphyry dykes, extending the Au-fertile shear trend westward. Assays for Holes 050, 052, and 053 are pending. Tower is planning follow-up drilling to build on these results, focusing on the Thunder-Lightning and Thunder North gold trends.
Tower Resources (TSXV: TWR) has completed the first phase of its 2024 drilling program at the Rabbit North property in the Kamloops mining district. The campaign included 1015 m across five drill holes, targeting potential extensions of the Rainbow porphyry Cu-Au-Mo discovery and three shear-hosted Au targets. Key highlights:
- Holes 050 and 052 tested for northwestern extension of the Rainbow discovery
- Holes 051, 053, and 054 targeted shear-hosted Au zones
- Core from the first three holes has been submitted for analysis
- A larger follow-up drilling campaign of up to ten holes is planned for mid-September
The company is employing strict QA/QC protocols, with samples analyzed for Au by fire assay and ICP-OES, and for Ag and 36 additional elements by ICP-OES using a four-acid, near-total digestion.
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