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Tower Resources ( (TSE:TWR) ) has provided an update.
Tower Resources has announced a significant gold discovery at its Thunder North gold zone within the Rabbit North property in the Kamloops mining district. The recent assay results from Hole 056 reveal a substantial extension of the gold mineralization, with a 15.85-meter intersection averaging 5.80 g/t gold, marking a notable increase in grade compared to previous findings. This discovery, along with previous successes at the Blue Sky Zone, underscores Tower’s rapid progress in building a substantial gold resource, potentially enhancing its market position and offering promising implications for stakeholders.
More about Tower Resources
Tower Resources Ltd. is a company engaged in the exploration and development of mineral properties, focusing primarily on gold resources. Operating within the Kamloops mining district, Tower Resources is committed to expanding its gold discoveries through strategic drilling programs on its Rabbit North property.
YTD Price Performance: -7.14%
Average Trading Volume: 90,672
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$21.75M
Learn more about TWR stock on TipRanks’ Stock Analysis page.
