Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Tower Res begins till gold-grain survey at Rabbit North

TWR · Price

Executive Summary

  • Tower Resources has begun a 70‑sample till gold‑grain survey on the Rabbit North property to refine drill‑hole placement for an upcoming ≥3,000 m diamond drilling program.
  • The survey targets the under‑explored “Dominic Lake” and “Central” gold‑grain dispersal trains, aiming to locate additional high‑grade sources that previously supported a 50 % hit rate on drill holes.
  • Results are expected within three weeks; early drill holes will likely be positioned near the Blue Sky zone if survey data become available promptly.

Key Details

  • Survey Scope: 70 till samples collected using a 100 m × 200 m infill spacing, performed by Overburden Drilling Management Ltd.
  • Objective: Identify gold‑grain sources within a ~1 km wide “Dominic Lake” train and fill a 600 m gap between the sampled portion of this train and the Blue Sky zone.
  • Historical Context: Prior till surveys (2021–2022) led to discoveries at Lightning, Thunder, Thunder North, and Blue Sky zones; these zones have delivered high‑grade intersections such as 6.02 m @ 23.63 g/t Au (hole RN25‑060).
  • Target Zones:
  • Durand Stock Diorite – hosts eastern extensions of the Blue Sky zone (e.g., 6.02 m @ 23.63 g/t Au) and potential sources near Lightning shear (10.0 m @ 12.51 g/t Au).
  • Gap Area: 600 m between Dominic Lake train and Blue Sky zone to be infilled for possible undiscovered gold zones within Nicola tuffs.
  • Drilling Plan: Minimum of 3,000 m of diamond drilling pending survey results; initial holes expected near the Blue Sky zone if data are received in time.
  • Timeline: Gold‑grain processing expedited; full analytical results anticipated within three weeks of sample collection.
  • Qualified Person: Stuart Averill, P.Geo., Director, NI 43‑101 qualified person.

Notable Quotes

(No direct quotes were provided in the release.)

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