Tower Resources Intersects 18.8 m at 2.57 g/t Gold at Rabbit North

By Mining Hub News Desk
13 August 2026, 9:45 a.m. EDT 2 min read

Tower Resources has reported initial assay results from its June diamond drilling program at the Rabbit North property near Kamloops, British Columbia, highlighted by drill hole RN-26-074 intercepting 18.8 metres averaging 2.57 g/t gold near the top of the Thunder Zone.

The 2,303.5-metre program comprised eight holes testing three targets within the main discovery area. Hole 074 was collared approximately 70 metres vertically below surface in andesitic tuff and successfully intersected a high-grade upper zone averaging 5.74 g/t gold over 7.3 metres, which included a 0.7-metre interval grading 43 g/t gold, alongside a lower interval returning 0.55 g/t gold over 11.5 metres.

Holes 075 and 076, drilled 50 metres apart to test the western extension of the Thunder zone toward the Durand Creek Fault, encountered shear-resistant andesite flows rather than mineralised tuff, indicating the presence of a subsidiary southeast-trending fault. While Hole 076 returned no significant mineralization, Hole 075 reached the older Rainbow copper-gold-molybdenum breccia pipe, intersecting two mineralised sections that returned 0.38% copper, 0.71 g/t gold and 0.015% molybdenum over 5.3 metres, and 0.35% copper, 0.56 g/t gold and 0.012% molybdenum over 22.6 metres.

Tower logged all core from the program but left 568.9 metres uncut, primarily across Holes 078 and 080 on the Blue Sky target and Hole 081 on Thunder North. Because the gold zones at the project typically measure tens of metres wide and the sampled core sections were relatively narrow, Tower plans to release assay results from the cut sections of drill holes 078, 080, and 081 once assays from intervening uncut core sections are available.

The exploration work follows a flow-through private placement closed on July 7, 2026, which raised $1,080,000.18 specifically to fund ongoing exploration at the Rabbit North project.

Read the full announcement: Tower Reports Initial Assay Results from Its June Diamond Drilling Program at Rabbit North, Intersects 18.8 m of 2.57 g/t Au near Top of Thunder Zone