Figure 1 – Location of Tower’s Rabbit North property relative to the active mines of the Kamloops district. Source: Tower Resources

Tower Resources (TSXV:TWR) has completed its first follow-up diamond drilling program at the Rabbit North property in Kamloops, British Columbia. The program aimed to further explore the Rainbow porphyry copper-gold-molybdenum (Cu-Au-Mo) zone and the Thunder gold zone, which are newly discovered areas on the property.

The drilling program consisted of four holes, numbered RN23-046 to RN23-049, covering a total depth of 1052.2 meters. Holes RN23-046 and RN23-047 were drilled in the Thunder Zone, while RN23-048 and RN23-049 targeted the Rainbow Zone. These zones are covered by over 15 meters of glacial till and partly by up to 40 meters of Chilcotin basalt flows. Beneath the basalt, a weathering profile suggests potential for supergene enrichment of primary sulphide mineralization.

Figure 2 – Locations of the four follow-up drill holes relative to the February discovery holes and the geology of the bedrock surface beneath the glacial till cover. Source: Tower Resources

The Rainbow Zone, characterized by a magmatic-hydrothermal breccia, was the focus of holes RN23-048 and RN23-049. These holes aimed to confirm the presence of Cu-Au-Mo mineralization and assess its economic potential, following earlier discoveries in holes RN23-041 and RN23-042.

The Thunder Zone, investigated by holes RN23-046 and RN23-047, was initially explored through earlier holes RN23-039 and RN23-041. The objective was to determine the structure and extent of the gold mineralization in this area.

Hole RN23-048 was drilled to explore the western thickening of the Rainbow Zone, while RN23-049 aimed to ascertain the continuity of mineralization across a magnetic anomaly. Hole RN23-046 was drilled to intersect the Thunder Zone near a previous intersection, and RN23-047 was oriented to confirm or reject the hypothesis of a single gold zone. Tower Resources plans to announce the results of the drilling program after completing the analysis of all assays.

Figure 4 – Section through February Holes 041 and 042. Note the steep southwest dip of the Rainbow Zone. Source: Tower Resources

Highlights from the results are as follows:

Table 1 – Drill hole summary for Holes 046 to 049.

Hole No. Aximuth
RN23-046 210 -45 275.2 Thunder Cross zone near Hole 039 intersection
RN23-047 240 -60 117.0 Thunder Determine whether zone strikes SSE or ENE
RN23-048 0 -90 363.0 Rainbow Confirm zone thickens rapidly to west
RN23-049 200 -50 297.0 Rainbow Confirm zone continuity across saddle in associated magnetic anomaly





The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.


 Daily Gainers

 Lincoln Minerals Limited LML.AX +125.00%
 Golden Cross Resources Ltd. GCR.AX +33.33%
 Casa Minerals Inc. CASA.V +30.00%
 Adavale Resources Limited ADD.AX +22.22%
 Athena Resources Ltd. AHN.AX +22.22%
 Azimut Exploration Inc. AZM.V +21.98%
 New Stratus Energy Inc. NSE.V +21.05%
 Dynasty Gold Corp. DYG.V +18.42%
 Azincourt Energy Corp. AAZ.V +18.18%
 Gladiator Resources Limited GLA.AX +17.65%