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Benzinga
Benzinga
Business
Melanie Schaffer

Is This Junior Gold Miner On The Brink Of A Massive Discovery?

Tower Gold NYSE

On Tuesday, Tower Resources, Ltd (OTC:TWRFF) (TSXV:TWR) announced the assay results for three previously uncut core sections from its four-hole diamond drilling program (RN21-024 to 027), which was completed in December 2021.

This exploratory program, located on Tower’s Rabbit North property near Kamloops, British Columbia, resulted in a gold discovery, which was announced on Jan. 11 after the assay results from hole 026 returned with an intercept of 1.40 grams per ton of gold (g/t Au) over 95 meters, within which 19.2 meters yielded 4.21 g/t Au.

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