Lowe is without on-loan Peter Clarke, who is ineligible to play against his parent club, so Thompson is set to get another chance.
Craig Jones (thigh), Jermaine Beckford (knee) and Eoghan O’Connell (ligaments) are all set to remain sidelined for the foreseeable future.
Bury dropped to the bottom of the table after Rochdale’s win in midweek and Lowe knows it is imperative his side build on their win over Gillingham last time out.
Oldham boss Richie Wellens is set to be able to pick from a fully-fit squad following the respective returns of Eoin Doyle and Patrick McEleney.
The visitors are set to be backed by over 2,000 supporters at Gigg Lane as they look to continue their survival march with a third straight win.
And with his side on a high after moving out of the relegation zone, Wellens is set to resist the temptation to make any changes to the side that won at Scunthorpe last time out.
Following the previous win over MK Dons, Oldham sit in 18th place, two points clear of the drop zone.
Paul Huntington says Preston's play-off hopes this season hinge on them getting the balance right on and off the pitch.