Walker River Announces Addtional Results from the Lapon GOLD Project
Suite 820-1130 West Pender St
Vancouver, B.C.V6E 4A4
Tel: 819 874-0030
Fax: 819 825-1199
_________________________________________________________________________________________
Trading Symbol: WRR
// THIS PRESS RELEASE IS NOT INTENDED FOR RELEASE OR DISSEMINATION IN THE UNITED STATES //
NEWS RELEASE
WALKER RIVER ANNOUNCES ADDTIONAL RESULTS FROM THE LAPON GOLD
PROJECT
Vancouver, B.C. October 15, 2024 - Walker River Resources Corp. (“Walker” or the “ Company”) (TSX-V:
WRR) is pleased to announce additional assay results from the 202 4 reverse circulation (“ RC”) drill program at
Lapon Canyon, along with assays results from underground channel sampling completed at a recently re-opened adit
on the Pikes Peak portion of the Lapon Gold Project, in Mineral County, Nevada, 60 km SE of Yerington, NV.
Highlights:
• Drill assay results from holes LC-24-101 to -105 continue to demonstrate a robust gold mineralized zone at
Hotspot, extending the zone from its initial discovery approximately 125 metres laterally east and to a depth
of more than 100 metres.
• LC-24-102 returned 3.4 g/t Au over 56.4 meters including 6.1 g/t Au over 27.4 meters and 12.4 g/t Au over
6.1 metres. The hole ended in mineralization at 121.9 metres.
• LC-24-103 returned 0.6 g/t Au over 88.4 metres, ending in mineralization at 121.9 metres.
• LC-24-105 returned 1.2 g/t Au over 86.9 meters, including 3.3 g/t Au over 9.1 metres and 3.2 g/t Au over 6.1
metres
• Drill results continue to define a broad, potentially flat -lying geometry of the gold system, now extend ing
more than 400 m east-west and 600 m north-south, covering an area ~0.27 square kilometres. Localized high-
grade shoots are emerging within the broader mineralized domains and continue to be tested by drilling.
• At Pikes Peak, underground channel sampling from a recently re -opened adit returned assay results of 36.4
g/t Au, 10.7 g/t Au, and 19.8 g/t Au
Table 1: Selected results from new drill assays from the Hotspot Zone.
Drill Hole
From To Width* Gold Gram metres
(m) (m) (m) (g/t) (g/t*m)
LC-24-101 3.1 97.5 94.5 0.4 35.9
including 41.2 56.4 15.2 0.8 12.3
LC-24-102 3.1 45.7 42.7 0.2 7.7
and 65.5 121.9 56.4 3.4 190.6
including 67.1 94.5 27.4 6.1 167.0
and including 88.4 94.5 6.1 12.4 75.5
LC-24-103 33.5 121.9 88.4 0.6 54.8
LC-24-104 22.9 86.9 64.0 0.5 30.1
LC-24-105 4.6 91.4 86.9 1.2 105.1
including 53.3 62.5 9.1 3.3 30.3
and including 70.1 76.2 6.1 3.2 19.7
LC-24-106 0.0 68.6 68.6 0.3 17.8
* The above drill results are presented with lengths representing sampled lengths. True width is estimated to be between 65 and 90 percent of
sampled widths.
Figure 1: Plan and section view of the Hotspot zone, Central zone, historical drilling and 2024 drilling results
Figure 2: Plan and section view of the Hotspot zone, Central zone, and assay results from historical drilling (coloured circles) and
2024 drilling (coloured discs).
Lapon Canyon Property
The 2024 drill program at Lapon Canyon is exploration and definition focused. Drill holes have been planned with
the intent to define the extent and geometry of the mineralized system and test for new mineralized zones along strike
and at depth. Assay results received to date are encouraging as the Hotspot zone continues to grow with several holes
ending in mineralization. Further drilling at Lapon Canyon remains on -going while additional assay results remain
highly anticipated.
Drill Hole LC -24-104 was lost and abandoned at 100 meters due to technical issues . In add ition, no samples are
available from the interval of 68.5 to 86.9 meters. This interval is bounded on each side by anomalous gold values. It
is notable that the final 4.5 meters returned 1.02 g/t Au. The hole will be redrilled.
Pikes Peak Property
Significant historical mining activities are present ( milling facilities, adits, shafts, pits) in a copper gold environment
at Pikes. The Company’s personnel and geologists were able to re -open and access one of the adits present on the
property for geological mapping and sampling. The result s presented in Table 2 below confirm the potential for gold
mineralization at Pikes Peaks, part of the Lapon Gold Project.
Table 2: Underground channel sample results from Pikes Peak
Sample Number Lab I.D. Material*
Gold
(g/t)
A-1 2020384095 Adit wall 1.3
A-2 2020384094 Adit wall 0.46
A-3 2020384100 Adit wall 1.18
A-4 2020384090 Adit wall 0.13
A-5 2020384089 Adit wall 36.4
B 2019828396 Adit wall 6.55
C-1 2020384093 Adit wall 19.8
C-2 2020384091 Adit wall 3.04
C-3 2020384092 Adit wall 2.31
C-4 2020384096 Adit wall 3.68
C-5 2020384097 Adit wall 9.81
C-6 2020384098 Adit wall 10.73
C-7 2020384099 Adit wall 6.07
D 2019828399 Adit wall 2.06
* The above underground channel samples were taken at 0.30 meters intervals between samples. Each channel sample was taken in 0.30 meters
lengths.
Figure 3: (Left) Aerial view of historical workings at Pikes Peak, view looking north. (Right) Re-opened adit at Pikes Peak, part
of the Lapon Gold Project, where channel sampling was completed across veins in the adit walls. Results from the channel
sampling are shown in Table 2.
Michel David, President states: “We continue to be encouraged by these current and past drill results which confirm
the potential of the Lapon Canyon project. The results from initial underground channel sampling at Pikes Peak, adds
another exciting target at the Lapon Gold Project”.
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance
All sampling was conducted under the supervision of the Company's project geologists and the chain of custody from
the drill to the sample preparation facility was continuously monitored. A blank or certified reference material was
inserted approximately every tenth sample. The Lapon Canyon samples were delivered to Amer ican Assays
Laboratories’ certified laboratory facilities in Sparks, NV. The samples were crushed, pulverized and the sample pulps
digested and analyzed for gold using fire assay fusion and a 50 g gravimetric finish.
Samples are taken and bagged directly at the drill rig at every 1.5-meter interval, standard in the exploration industry.
A small sample is also taken at the drill rig and put into a chip tray for examination purposes and to determine those
sample bags tha t should be sent to the lab for assay purposes. Often this work is carried out using a microscope for
the examination of the rock chips. The full sample bag from the interval chosen for assay purposes is then sent directly
from the drill site to the lab, located in Sparks, NV.
The scientific and technical information contained in this news release has been reviewed , verified and approved by
Dave Nuttall, P.Geo, President of Serac Exploration, who is an independent Qualified Person as defined under NI 43-
101 Standards of Disclosure for Mineral Projects.
About the Lapon Gold Project
The Lapon Gold Project consists of 147 claims (2940 acres) situated in the Wassuk Range, within the Walker Lane
shear zone, a 100 km wide structural corridor extending in a southeast direction from Reno, Nevada. The Project is
easily accessible by secondary stat e roads from the main highway (25 kilometres), and is located approximately 60
kilometres southeast of Yerington, Nevada. A state power grid transmission line passes within three kilometres of the
Project.
The Lapon Gold Project includes Lapon Canyon, the Pikes Peak claims located 4 kilometres to the north, and the
Rattlesnake and Range Front claims 3 kilometres to the west and over 600 meters lower than the present drilling at
Lapon Canyon. The Rattlesnake, Range Front, and Pikers Peak claims cover over 8 km of possible extensions of the
range front zones to the west, north, and south of Lapon Canyon, adding several additional drill target areas to the
project. Rattlesnake and Pikes Peak contain numerous his torical mining and milling areas that consist of adits at
different levels, shafts and underground workings, and a network of existing roads providing access throughout. Little
or no exploration work has been carried out on these claims prior to Walker’s arrival. It is notable that the Rattlesnake
area and adits are on strike with the Lapon Canyon discoveries located 3 km on strike and 600 meters above.
Lapon Canyon hosts historical high grade gold mining with approximately 2000 feet of undergoing workings in three
adits. Historical underground work returned numerous assay values in the one ounce per ton range, with a sample at
the end of the A adit returning 20.6 ounces per ton Au. (NI 43-101, Montgomery and Barr, 2004).
FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: [email protected]
Website: www.wrrgold.com
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-
looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical
fact, included herein, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by
words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or
statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved There can be no assurance
that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in
such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and
are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject
to significant business, economic, competitive, political, social and regulatory uncertainties and contingencies. Many factors,
both known and unknown, could cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have
made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the
forward-looking statements and information contained in this news release concerning these items. The Company does not
assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they
change, except as required by applicable securities laws.