Tower Obtains Five Strong Gold Intersections up to 12.5 m Wide in Hole 081 at Thunder North and Discovers Fourth Cu-Au Breccia Pipe

Tower Resources reports high-grade gold and copper results at Rabbit North, British Columbia.

What the company is saying

Tower Resources Ltd. is presenting final assay results from three diamond drill holes (079, 080, 081) at its Rabbit North property, emphasizing multiple high-grade gold intersections in Hole 081 at the Thunder North Zone, including 26.1 g/t Au over 1.2 m, 6.10 g/t Au over 4.1 m, and 2.90 g/t Au over 5.5 m. The company highlights the discovery of a new copper-gold breccia pipe near the Blue Sky gold zone in Holes 079 and 080, marking the fourth such pipe identified in the area, and frames this as evidence for a potentially significant porphyry Cu-Au deposit at depth. The announcement details the technical and geological context, referencing the completion of a drone LIDAR survey and ongoing mapping to guide future drilling. The tone is confident and data-driven, with technical content reviewed by Stuart Averill, P.Geo., a director and Qualified Person. CEO Joe Dhami is named as the company’s leader. The company acknowledges delays in assay turnaround due to core-cutting capacity, but positions the results as both a technical milestone and a basis for further exploration.

What the data suggests

The disclosed results show Hole 081 intersected five significant gold zones, including 12.5 m at 1.40 g/t Au, 4.1 m at 6.10 g/t Au, 1.2 m at 26.1 g/t Au, 5.5 m at 2.90 g/t Au, and 12.2 m at 1.38 g/t Au. Shallower intervals in Hole 081 included 4.2 m at 0.86 g/t Au. Holes 079 and 080 intersected broad zones of anomalous gold (35.8 m at 0.17 g/t Au and 24.0 m at 0.18 g/t Au in Hole 079; 5.5 m at 0.91 g/t Au in Hole 080) and copper-gold breccia pipes (18.0 m at 0.10% Cu, 0.20 g/t Au in Hole 079; 68.5 m at 0.16% Cu, 0.16 g/t Au in Hole 080, with a higher-grade section of 8.8 m at 0.41% Cu, 0.21 g/t Au). The technical data is detailed, with specific intervals, grades, and locations, but no resource estimate or economic assessment is provided. The results confirm the presence of structurally controlled, high-grade gold mineralization and multiple Cu-Au breccia pipes, supporting the geological model of a larger porphyry system at depth. All results are core-lengths, and true widths are not determined. The company has completed eight holes totaling 2,303.5 m in this program. The data supports the presence of a mineralized system but does not yet demonstrate economic viability or scale.

Analysis

The announcement is a technical exploration update, reporting realised assay results from the June drilling program at Rabbit North, British Columbia. The tone is positive, highlighting multiple gold and copper intersections with specific grades and widths, all of which are supported by detailed numerical data. While there are some forward-looking statements about the potential for a deeper porphyry deposit and plans for further exploration, these are clearly separated from the realised results and are not exaggerated or presented as imminent. There is no evidence of narrative inflation: the language is factual, and the claims are substantiated by the disclosed assay data. No large capital outlay or immediate financial impact is discussed, and the release does not overstate the significance of the results relative to the evidence. The technical content is reviewed by a Qualified Person, further supporting the credibility of the disclosure.

Risk flags

• ●The absence of a resource estimate or economic assessment means there is no basis to assess the project's potential value or viability at this stage. Investors face the risk that further drilling may not yield sufficient continuity or grade for a mineable resource.
• ●The geological model for a significant porphyry Cu-Au deposit at depth remains speculative, as no drilling has yet tested the target horizon ~1 km below current holes. There is a risk that additional drilling may not confirm the presence or scale of a porphyry system.
• ●Operational risks include delays in assay turnaround and core processing, as evidenced by the late reporting of results due to a shortage of experienced core cutters. Such bottlenecks could impact future exploration timelines and data delivery.

Bottom line

Tower Resources has delivered strong technical results from its Rabbit North property, with multiple high-grade gold intercepts and broad copper-gold breccia zones supporting the potential for a larger mineralized system. The data is robust and well-detailed, but the project remains early-stage with no resource estimate or economic analysis to anchor valuation. The company's narrative is credible, with technical oversight by a Qualified Person and transparent disclosure of both strengths and operational challenges. Investors should recognize that while the results are promising, the pathway to value is long and contingent on further successful drilling and eventual resource definition. The most important takeaway is that Rabbit North continues to yield high-grade gold and copper intersections, but economic significance will depend on future exploration success and resource delineation.

Announcement summary

(TSXV:TWR) Tower Resources Ltd. reported assay results from the final three holes, Nos. 079, 080, and 081, of its June diamond drilling program on the Rabbit North property near Kamloops, British Columbia. Five gold (Au) intersections up to 12.5 metres wide at a minimum Au grade of 1.40 g/t were encountered in Hole 081 on the Thunder North Zone, including high-grade intervals of 6.10 g/t Au over 4.1 m, 26.1 g/t Au over 1.2 m, and 2.90 g/t Au over 5.5 m. Holes 079 and 080 intersected a new copper-gold (Cu-Au) breccia pipe near the Blue Sky gold zone, marking the fourth such pipe discovered by the company in the area. The June drilling program comprised eight holes totaling 2,303.5 metres, targeting extensions of the Thunder, Thunder North, and Blue Sky gold discoveries. Hole 081 was drilled on the eastern part of the Thunder North Zone to replace a previous hole that was stopped short of the gold zone. The five significant Au intersections in Hole 081 included three within a 52 m span centered on the Thunder North structure and two higher in the hole near the Chilcotin cover basalts. The upper two gold intersections in Hole 081, beginning 44 and 77 m below the basalt, averaged 2.90 g/t Au over 5.5 m and 1.38 g/t Au over 12.2 m, respectively. A third intersection closer to the basalt averaged 0.86 g/t Au over 4.2 m. The three deeper gold intervals in Hole 081, beginning at 198.8, 213.3, and 246.0 m down-hole, averaged 26.1 g/t Au over 1.2 m, 1.40 g/t Au over 12.5 m, and 6.10 g/t Au over 4.1 m, respectively. Hole 079 intersected the Upper Blue Sky zone from 69.70 to 105.50 m (35.80 m at 0.17 g/t Au), from 119.00 to 141.00 m (24.00 m at 0.18 g/t Au), a Cu-Au breccia pipe from 143.00 to 161.00 m (18.00 m at 0.10% Cu and 0.20 g/t Au), and the Lower Blue Sky from 230.60 to 233.70 m (3.10 m at 2.82 g/t Au). Hole 080 intersected the Upper Blue Sky from 59.50 to 65.00 m (5.50 m at 0.91 g/t Au) and a Cu-Au breccia pipe from 136.50 to 205.00 m (68.50 m at 0.16% Cu and 0.16 g/t Au). The Cu-Au grade in Hole 080 increased down-hole, culminating in 8.8 m of 0.41% Cu and 0.21 g/t Au. Hole 081 intersected Thunder North from 47.00 to 51.20 m (4.20 m at 0.86 g/t Au), from 77.00 to 82.50 m (5.50 m at 2.90 g/t Au), from 110.50 to 122.70 m (12.20 m at 1.38 g/t Au), from 198.80 to 200.00 m (1.20 m at 26.10 g/t Au), from 213.30 to 225.80 m (12.50 m at 1.40 g/t Au), and from 246.60 to 250.70 m (4.10 m at 6.10 g/t Au), including 1.10 m at 20.40 g/t Au. The technical content of the news release was reviewed and approved by Stuart Averill, P.Geo., a director of the company and a Qualified Person as defined by National Instrument 43-101. Joe Dhami is President and CEO of Tower Resources Ltd.

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