Tower's Till Gold Grain Survey Expands the Rabbit North Gold System 1000 m Eastward Across the Durand Stock, More Than Doubling its Footprint to 1.5 km2, and Yields an Exceptional 1001-Grain Anomaly 800 m Along Strike from the High-Grade Blue-Sky Zone
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The November 3, 2025 news release announces strong results from a 66-sample till gold grain survey at the company's Rabbit North property. The survey successfully expanded the Rabbit North gold system 1,000 metres eastward, more than doubling its known footprint to 1.5 square kilometres. Most significantly, the survey identified an exceptional 1001-grain gold anomaly located approximately 800 metres along strike from the high-grade Blue-Sky Zone. The survey also defined three new gold dispersal trains, providing multiple new targets for the upcoming diamond drilling program.
This news is materially positive and represents the successful execution of the company's stated exploration strategy.
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Progression and Execution: In early October 2025, Tower announced the commencement of this specific 70-sample till survey, stating its purpose was to "pinpoint new gold targets" east of its previous discoveries. Simultaneously, it announced a financing for a 3,000-metre drill program to test these very targets. The company has now delivered on the first part of that plan, identifying what appear to be exceptional targets.
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De-risking Future Drilling: Till surveys have proven highly effective for Tower, leading to the previous discoveries of the Lightning, Thunder, Thunder North, and Blue Sky zones. These new results, particularly the 1001-grain anomaly, are significantly stronger than typical background levels and provide high-confidence targets. This greatly increases the probability of success for the recently funded 3,000-metre drill program, de-risking a significant capital expenditure.
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Scale and Potential: Doubling the footprint of the gold system to 1.5 km² and identifying a powerful anomaly 800 metres along strike from the known high-grade Blue Sky zone (which previously intersected 31.5 m of 4.15 g/t Au and 6.02 m of 23.63 g/t Au) speaks to the potential for a much larger mineralized system than previously understood. For an exploration company, demonstrating this kind of scale potential is a critical value driver.
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Alignment with Financing: The company closed a $2.157 million financing at $0.25 per share on October 30, 2025. This news provides immediate fundamental justification for that financing and gives investors confidence that the proceeds will be well-spent on high-priority targets.
While these are not drill results, they are the next best thing for an explorer. The results directly support the investment thesis, confirm the geological model, and provide a clear, catalyst-rich path forward.
Tower Resources Ltd. is a Canadian-based junior mineral exploration company. Its flagship asset is the Rabbit North property, located in the Kamloops mining district of British Columbia. The company is focused on exploring for gold and copper. Through a systematic exploration approach, primarily utilizing till gold-grain surveys to guide drilling, Tower has made four significant gold discoveries on the property: Lightning (2021), Thunder (2023), Thunder North (2023), and Blue Sky (2024). The project is in the advanced exploration stage, with recent work focused on expanding the known zones and identifying new targets ahead of a potential initial resource definition.