Tower Resources' (TWR.V) drilling program previously scheduled for late April to advance the company's "major" orogenic gold (Au) discovery on its Rabbit North property near Kamloops, British Columbia is now underway following logistical delays related to the unusually high level of exploration activity in the province, it said on Wednesday.
About ten holes are planned, mainly to extend the Thunder gold zone southwest toward the Durand Creek Fault and partially close the untested gap between the Thunder North and Blue Sky zones. The first hole, No. 074 on the Thunder zone, has intersected at least two strongly deformed and pyritized intervals typical of both this zone and Thunder North, it said.
A planned extension to Hole 073, which was started at Thunder North at the end of the December 2025 drilling program, has been deferred until a study of current access restrictions along a seasonal creek in this area has been completed. "Drilling closer to the creek should then be possible, allowing for shorter and better placed holes in the Company's next drilling program," it added.
Shares of the company were last seen unchanged at $0.17 on the TSX Venture Exchange.