Tower Successfully Completes Expanded 3213 m Drill Program at Rabbit North, Drilling Six Holes on the New Blue Sky Gold Trend and Five on the Thunder North Zone

The most recent news release (December 18, 2025) confirms the completion of an expanded diamond drilling program at the Rabbit North property near Kamloops, B.C. The company drilled 3,213 meters across 11 holes, slightly exceeding the planned 3,000-meter program. Six holes targeted the "Blue Sky" gold trend, and five holes targeted the "Thunder North" zone. Drilling is now suspended for the holiday season and is scheduled to resume in February 2026. Crucially, the release contains no new assay data; results are pending and expected to be released before the next phase of drilling begins.

The impact of this specific news is neutral to slightly positive in a routine sense. - Operational Execution: The company demonstrated efficiency by completing the program ahead of schedule and under budget (as noted in the November 25 update), allowing for a slight expansion of meterage. - Data Gap: For a junior explorer, the "completion" of drilling is a secondary catalyst; the primary catalyst is the assay results. The market is currently in a holding pattern. - Historical Context: This program follows significant historical hits in late 2024 and mid-2025 (e.g., 31.5m of 4.15 g/t Au and 6.02m of 23.63 g/t Au). The current 11 holes are intended to prove the lateral and vertical continuity of these high-grade zones. Until assays arrive, the "success" of this program is purely operational, not geological.

Tower Resources is focused on the Rabbit North property in the Kamloops Porphyry Copper-Gold district, B.C. The project is strategically located near the New Afton and Highland Valley mines. Tower has identified several "orogenic-style" gold zones (Lightning, Thunder, Thunder North, Blue Sky) that appear to overprint a larger, older alkalic copper-gold porphyry system. The Blue Sky zone is the current flagship focus, hosted in the Durand Diorite.