Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Tower Begins Drilling at Rabbit North Following Logistical Delays

Tower Resources advances drilling at Rabbit North to validate high-grade zones at Blue Sky and Thunder North despite logistical challenges.

By The Northwire Desk — AI Analysis Jun 03, 2026 · 07:31 TWR · 0.17 Tower Resources Ltd.
Executive Summary
  • Tower Resources has commenced diamond drilling at its Rabbit North property in British Columbia following logistical delays.
  • The program targets approximately 400 meters of untested structure within the 2.7-kilometer Thunder-Blue Sky orogenic gold trend.
  • Initial drilling (Hole 074) intersected strongly deformed and pyritized intervals consistent with target geology.
  • An extension to Hole 073 is temporarily deferred pending access studies along a seasonal creek.
  • The company plans ~10 holes to extend the gold zone southwest and close gaps between the Thunder North and Blue Sky zones.
Material Impact
  • The news confirms the execution of the drilling program previously permitted in April 2026.
  • The start date (June 3) reflects a delay from the initial April mobilization, attributed to logistical and access constraints.
  • Current updates are geological indicators rather than assay results, meaning no immediate grade or resource impact has materialized.
  • The deferral of Hole 073 highlights operational friction but does not derail the overall program scope.
  • The update is incremental and aligns with the company's stated exploration timeline, providing no new market-moving catalysts at this stage.
TWR · Price
Company Overview
  • Tower Resources is an exploration-stage gold company focused on the Rabbit North property in the Kamloops porphyry Cu-Au mining district of British Columbia.
  • The flagship project features the Blue Sky and Thunder North orogenic gold zones, characterized by high-grade, near-surface intersections.
  • Notable historical intercepts include 40.05 g/t Au over 6.3 m and 23.63 g/t Au over 6.02 m.
  • The company is utilizing till gold-grain surveys and diamond drilling to expand the known footprint, which now spans approximately 1.5 km².
  • The project is in the exploration phase with no declared resources or reserves.
Read the original news release →

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Jul 07, 2026 · 17:01

Tower raised capital to fund Rabbit North drilling, extending its financial runway despite ongoing cash burn concerns.

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Drill Results Jun 16, 2026 · 17:01

Tower Resources secured $1.72 million for Rabbit North drilling, with dilution offset by strategic director participation and exploration momentum.

Financings Apr 23, 2026 · 07:01

Tower Resources Resumes Drilling at Rabbit North as Gold Grades Hold Steady Amidst Price Correction

Production / Operations Mar 18, 2026 · 07:31

High-Grade Thunder North Extension Validates Structural Model at Rabbit North

Drill Results Feb 19, 2026 · 07:01

Tower Resources expands shallow gold footprint at Rabbit North as assay results confirm continuity but fail to ignite price action above recent financing levels

Drill Results