- Tower (TWR) is preparing to resume diamond drilling on the newly discovered Lightning Zone on its Rabbit North property
- Six to eight holes are planned on the Lightning Zone to expand the zone both laterally and to depth near the long gold intersections of discovery hole RN21-026
- An inaugural survey in May 2022 identified a wide gold grain dispersal train originating on the eastern part of the core claims, extending for 5-10 km
- Tower (TWR) is up by 2.22 per cent trading at $0.23 per share as of 1:45 pm ET
Tower (TWR) is preparing to resume diamond drilling on the newly discovered Lightning Zone on its Rabbit North property.
The company has identified a strong new gold grain dispersal train.
It lies along a major parallel structure 1 km to the west.
Six to eight holes are planned on the Lightning Zone to expand the zone laterally and to depth near the long gold intersections of discovery hole RN21-026.
An inaugural survey in May 2022 identified a wide gold grain dispersal train originating on the eastern part of the core claims, extending for 5-10 km.
Named the Durand Creek Train, the new gold grain dispersal train resulted from the two till heavy mineral surveys that the company performed on the Southern Extension and eastern and western parts of the core claims dating back to October 2021.
The Rabbit North property is near Kamloops, British Columbia, between the New Afton underground Cu-Au mine under New Gold Inc. (TSX:NGD) and the Highland Valley open pit Cu-Mo mine under Teck Resources Ltd. (TSX:TECK).
Tower Resources Ltd. (TWR) is focused on the discovery and advancement of mineral projects in the Americas.
Tower (TWR) is up by 2.22 per cent trading at $0.23 per share as of 1:45 pm ET.