-- Tower Resources (TWR.V) received permit to resume diamond drilling on its Rabbit North orogenic gold discovery in the heart of the Kamloops porphyry copper (Cu) mining district, it said Thursday.
Mobilization of the drill rig is underway. Fifteen new drill sites have been approved and drilling is planned at a minimum of ten sites with a possible second hole at some sites, it added.
The company will extend hole 73 southeast to its targeted 300 meters depth. Its main focus will be on closing the untested gap between the Thunder North and Blue Sky gold zones and extending the Thunder zone westward.
Tower Resources will also investigate historical gold intersection 1-kilometers northeast of Blue Sky.
Shares of the company were last seen unchanged at $0.165 on the TSX Venture Exchange.